Anyone who makes any tradind/investment decision based on Cramer's opinion is a LOOSER and deserves to be one...
Yes, on the 9/29/08 show. Cramer is horrible. He is a liar and a hypocrite. This coming from someone who has read his books. Either 9/28 or 9/29 he said stay away from HUN. He did not like it. HUN was up 71% today.
I missed his trade on WB yesterday in premarket at 75 cents. I was a cheap ass and decided I didn't want to pay the $11.00 commission. Bad move.
I never pass on a thread where we collectively crap on Cramer, and rightfully so! Haven't watched him consistently in like a year or 2, but still like to bring up my fav's! Like LVLT when it was $6 and he said it would and I quote "DOUBLE FROM HERE". Lol yea it double alright, double down to $3 and lower lol. The best was last year or something when LVLT decided to sell a whole bunch of CD's (convertible debntetures) and Cramer actually did a blog saying how geat that was! lol. Saddest part of the whole thing is, LVLT WAS HIS TOP SPECULATIVE PICK THAT YEAR! His top GROWTH, GROWTH pick for that year was NYX and it went from $90 when he made it his pick, to $64! And he said to buy it all the way down! OUCH. Guess someone put ole Jimmy on to the MASSIVE insider selling that was about to take place and they needed some buying or it would collapse. PLease people, go look at the insider selling on that one, ITS SICK. How about SIRIUS! OMGGGG. He's had HIS BUDDY, Mel "I look like that other crook Angelo Mazilo" Karmizine on like 120573207 times already. Even after Cramer, like LVLT said back up the truck 10x's on LVLT and the price was at $1.75 before the FCC announcement, I was reading people's posts that Cramer said...once again here come those famous words, after the FCC decision, SIRIUS WILL DOUBLE! I can't believe I just saw Sirius today at .60 when I looked it up. Is THIS WILL DOUBLE, some sort of code word to his hedge fund buddies to kill a stock? That's like the curse of Cramer, he says back up the truck or it will double, RUNNNNNNNNNNNNN!! You know the game is somewhat fixed/slanted when you have a supposed market expert who gets an hour every night to pump stocks left and right and is wrong more then he is right, and when he's wrong, it's disasterous. Like him pumping up the market saying it would close at 14500 end of 2008. And these are just 3 of so many stocks he's been wrong about since I've watched his show. For those that say, oh well not everyone can be right. Fine, but how can a market expert almost ALWAYS BE WRONG. And I can literally run off 20 stocks that he made a big deal about, brought the CEO on to his show only to have it tank as well, SIX was another one at $6. And those are just off the top of my head, I'm sure I could give you stocks all night he's been wrong about. So you Cramer fans need to hope off his nuts and see him for the clown/jerk he is. Edit- he said buy CFC @ $20, thornburg mortgage before it went down, he said buy most of the mortgage companies in fact. And he no joke, said a while back if things did get bad, to buy tech because it would weather a recession, NO JOKE. Oh and he said buy LEH, WB and BSC LMAO (those 3 alone put you in the poor house)
CNBC needs to just go off the air. For one, Cramer has imploded many people's portfolios. And second, I just cannot stand people telling me to vote for the freaking bailout package because it will be good for me. Try to feed me some more BS please. The whole station is BS except for a few notable exceptions.