In re: Cramer
Since everyone's 2 cents is on display, here's mine: while he's hard to take in more than small doses (especially when he's got a live audience), that's how I take him. I learn what I can from him and disregard the rest.
Because of him I've bought- and made money on- CMI,BA,TM,GOOG,UNH,WFR,ATI,SWB,SHLD,LEH,GS,BSC,CAT,GILD,CELG, AAPL...
..and lost money on- WWY,PG ...so far.
I haven't bought his book, there's no subscription and I'm trying to make these buy and holds, rather than his idea of: buy, make a couple of bucks than sell a third and hold the rest for some unexplained period of time. Who knows; maybe in the fullness of time it'll become apparent that I should have sold them but so far I can't argue with his results. |