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1 point   posted on 08/27/08
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Newsmonkey
71%
-19.09%
 risk: conservative

Is it me or has Cramer finally lost his mind?


Jim Cramer has finally lost it in my opinion. He is going to get a bunch of uninformed retail investors buying a bunch of dead money stocks. I normally have tremendous respect for him but unless he rings the register and sells his recent well time buys (he caught a great bounce) I will find it hard to take him seriously in the future.



Comments (8)

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fas831   28%     1 point   commented 464 days ago reply

what dead money stocks are your referring to? but yes i think he is a little wack'd out...he had his own hedge fund back in the day and lost all of his investors money...its easier to give advice than to use his own..

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Locationh   61%     1 point   commented 460 days ago reply

I don't believe he lost ALL his clients money but I do know the SEC banned him from trading, Remember Cramer is a very wise businessman. Many of his suggestions are at or near 52 week highs. What does that spell?

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traderdrew   51%     1 point   commented 460 days ago reply

Locationh, I dont believe that Cramer was ever banned from trading by the SEC and I searched the internet and could come of with nothing of the sort. Could you please cite your source on that

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allstarinvestor   85%     1 point   commented 450 days ago reply

locationh Cramer didnt loose all of his clients money all your information is either ignorant or malicious

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loneranger   38%     1 point   commented 440 days ago reply

when cramer had a fund he had most of his net worth in the fund

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nextfundmanager   N/A     1 point   commented 439 days ago reply

running a hedge fund and making picks on tv are two totally different things the latter is nearly impossible I am sure even buffet couldnt do it well

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Keven Lin   40%     2 points   commented 439 days ago reply

Agree. Making picks on TV requires finding stock to pick *everyday* while making the process entertaining. Treat the show as an entertainment.

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nextfundmanager   N/A     1 point   commented 438 days ago reply

most importantly focus on why he thinks a stock will be a real money maker not which ones he picks

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abates   N/A     1 point   commented 438 days ago reply

what dead money stocks are you referring to?


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