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Non-Tech : Cramer Touts

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To: Rolla Coasta who wrote (415)11/10/2005 10:56:14 PM
From: manalagi  Read Replies (2) of 843
 
Cramer used porno as a means to tout Motorola and Broadcom. It is about contents for cell phones. Well, porno it just a small part of the equation, there are others like TV, movies, shorts news, sports etc etc. Why emphasized on porn?

The facts about Cramers are: he based his stock price on the closing price, but after hours the stock has jumped a few points. Witness the price of IRBT (I Robot). Cramer knew already the after hours price, then told his viewers buy buy buy. The stock gapped almost 7 points at the opening bell. I placed an order before the market open (very stupid move, emotional, afraid to miss the train), and sold it 3 hours later for grand gain.
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