LOL maybe you missed out his persistent calls to keep buying Nasdaq & worthless dotcoms all throughout 2000-2001. Hope you realize he had a class action lawsuit against him by his "faithful" readers who lost almost everything they had by following Cramer. Or maybe try checking up how the insiders rush in and dump right after Cramer touts the stock. As for his record, he flip flops so much that you can never truly know what he does and how he does. It's all very discretionary paper trades to him. I don't get what you guys are still arguing about, all the documentation you need is out there. If you feel Cramer is your holy grail to mad money investments, then you deserve to lose it all. It's happened before and it will happen again. As for now, the JC day traders keep the momo in his calls but sadly no big retail money ever comes out. GOOG and SHLD are in their own world of perpetual in-play by the hedgies, dunno why people think Cramer had much to do with it, his callers can't even make round lots in those stocks. In the end, his show is still entertaining especially after lighting a big fat one. The redneck Jims and Bobs during lighting round are hilarious.
Jim Cramer reminds me of the old Dan Dorfman pump and dump. Cramer just pumped AAPL up 50 cents in the after market trading today. As soon as he said, I like Apple, ppl started buying it. If the Pump and Dump play book hasn't changed. Goldman should be upgrading AAPL soon. And then the week following the upgrade, a Barron reporter will write how AAPL is undervalue and is a good investment.
And coming back to my original point. As I was following his picks, the reason for his bad performance was that he almost invariably kept on buying stocks that just got hammered day after day. He added to losers on a regular basis. He never appeared to use stops. So I find it ironic that he tells people on Mad Money that people who use stops are losers.
Stop Whining people, let the suckers who follow him , follow him and let those who do their own thinking, do that too. But someone close this idiotic thread.
Nope, never watch his show or follow someone his or anyone else's calls. Plenty of people in this thread whining and bitching about how JC is evil most certainly have. You decide to follow someone else's advice, then take responsiblity for your own actions and results and stop whining on here.