#21
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Re: James Cramer is a knowledgable stock trader. LOOK at my post!!!!!!
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I'm a professional trader... And James Cramer is one of my favorite entertainers. But Cramer failed as a money manager. If Cramer could manage a successful hedge fund... With his profile and sales skills... He'd be managing billions today. The idea that you can profit... From stock picks that you hear about on Mad Money... Is hopelessly naive. By the time you are buying the stock... Cramer and his friends are selling it to you. rm+ [img]/images/graemlins/cool.gif[/img] [img]/images/graemlins/cool.gif[/img] [img]/images/graemlins/cool.gif[/img] [/ QUOTE ] One of the rules of buying stocks is not to buy anything that you heard about on TV or in a magazine....that's a little harsh but I think you are dead on. as far as the show goes...I think it can be a good tool. He goes fast but he kinda shows you a way to think about stuff. Other things to look for when trading and it's entertaining! |
#22
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Re: James Cramer is a knowledgable stock trader. LOOK at my post!!!!!!
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his reasons for quitting were much deaper than most people see. [/ QUOTE ] I'm pretty sure he did something that some might call illegal. |
#23
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Re: James Cramer is a knowledgable stock trader. LOOK at my post!!!!!!!!!!
Cramer has been pretty hot lately on Mad Money. He had the CEO of Turbochef (TCF) on his show Monday when the stock was at 14. The next day it opened at 15 and today it is above 16.
Yesterday he pushed WFR and it is up 6% today. Other stocks he's been pushing are GME and he also likes GOOG. IMO, the best way to use Cramer is to buy the small stocks (less than $5 billion market cap) as soon as he mentions them on the show and then to flip them a day or two later. You have to be pretty fast though, as these stocks start moving after-hours almost before Cramer even starts talking about them. I wish I could find a list that shows the stocks that Cramer is going to talk about. It would be great to get long the stocks he is going to push before the market closes and then flip them after hours when Cramer starts talking about them. |
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