Apparently "long time" for you doesnt go back even to 2000, when he told his followers to put every penny into a list of 10 dot.com stocks, and said he was doing the same thing with his own fund.
2 years later, all those companies were either bankrupt or had lost 95% of their value.
Want me to give you a link to the story where he made that call? He said anyone who bought any stocks other than those 10 was insane, and that they were the only stocks worth owning in the entire market. Exodus? Infospace? Shall I go on?
The guy is a nutjob clown. If he could actually make money running a fund he would do so instead of dancing around on TV like a monkey. All he is, is the current Dan Dorfman (Remember him, the shyster from late 90s CNBC that got busted for front running all his hype-jobs?)
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have been a follower of Cramers for a long time. He is a very smart guy and can make you plenty of money but you have to know how to use him. If you want to buy the stocks he recommends you have to only buy the ones on which he is very, very, very bullish. For example, Shld, Goog, Aapl, Gs, Ati. Anything else, as he says, you need to do you homework. |
