kevster1020 asked:
If you aren’t sure who Jim Cramer is.. He’s the guy from Mad Money that always has his sleeves rolled up, runs around like an idiot, and yells at everyone who calls into his show
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Sphere: Related ContentIf you aren’t sure who Jim Cramer is.. He’s the guy from Mad Money that always has his sleeves rolled up, runs around like an idiot, and yells at everyone who calls into his show
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Tags: Decisions, Jim Cramer, Mad Money
January 1st, 2009 at 9:42 pm
NEVER!!!!
Every trader should make their own decisions. Getting into a stock because some “expert” told you it looks good to him is one of the worst things you could do.
Now if you heard about a stock from Cramer and looked at it. They decided it fits your rules that is ok. Just don’t get into every stock you hear about just because you heard about them.
January 4th, 2009 at 10:30 am
Nada! Zilch! Never!
Jim Cramer is an entertainer. The suggestions he makes usually are nothing more than a “flash in the pan.”
I have my trading rules AND I stick with them. Once in a while a few of them have to be “tweaked” or adjusted, BUT NEVER to conform with Mr. Cramer’s guidelines.
Thanks for asking your Q! I enjoyed answering it!
VTY,
Ron Berue
Yes, that is my real last name!
January 7th, 2009 at 8:44 am
The only one’s that I have trusted him with are Microsoft (MSFT), and Mercado Libre (MELI) both of which I am doing well on at the moment. But I agree with everyone else: do you own due diligence first before making any investment decisions.
January 10th, 2009 at 3:18 am
Some people find Jim Cramer entertaining. Nobody I know takes him seriously. Remember his ringing endorsement of Bear Stearns? Look on youtube if you don’t. Actually, look even if you do remember because there are some great satire pieces out there on him.
January 12th, 2009 at 7:44 am
He is a very clever entertainer. I tracked his picks because I am a trader. I thought that having a stock touted on his show might make the the stock spike the next morning….. LOL. I didn’t so seems many listen but not many buy.
January 14th, 2009 at 12:12 am
Not often, however I do like to listen to him on his general commentary on sectors. His commentary a while back when he recommended MOS at $23 prompted me to buy into the fertilizer sector about 12 months before the initial potash boom.
I also made quite a bit of money with him on Latin America banks.
I also agree with him on his current stance of the rails.
What I don’t like about him is he tends to chase performance which is a dangerous game IMO especially when trying to force diversification into a portfolio.