CNBC - Cramer's Mad Money
- Thread starter LaSalle
- Start date
As of this evening's show (05.31.05) Cramer is bullish on high beta technology.
In particular he touted BRCM, MRVL, CMGI and TIBX.
For the record, Cramer was aggressively touting TIBX at the end of 2004 just before it preceded to lose 50% of it's value over the ensuing five months.
IMO, Cramer is someone's puppet. The question is "who"? My early guess it Goldman Sachs.
In fact it would be interesting to track market maker activity in the stocks he actively touts.
In particular he touted BRCM, MRVL, CMGI and TIBX.
For the record, Cramer was aggressively touting TIBX at the end of 2004 just before it preceded to lose 50% of it's value over the ensuing five months.
IMO, Cramer is someone's puppet. The question is "who"? My early guess it Goldman Sachs.
In fact it would be interesting to track market maker activity in the stocks he actively touts.
until tonight, I didn't actually know this was the name of his show, believe it or not - just thought it was an expression...
But I ran across it randomly tonight. My wife was on the phone at the time, and told me afterwards she thought it was a spoof/satire of a stock market type show. I told her, no, that's Cramer from that website I used to subscribe to.
She couldn't believe it. Neither could I. The man is over-the-top - I have no idea how he maintains that pace without blowing an artery...
But I ran across it randomly tonight. My wife was on the phone at the time, and told me afterwards she thought it was a spoof/satire of a stock market type show. I told her, no, that's Cramer from that website I used to subscribe to.
She couldn't believe it. Neither could I. The man is over-the-top - I have no idea how he maintains that pace without blowing an artery...
What is hilarious is how quickly people "buy" Cramer's act. During the "lightning round" on this evening's show Cramer wiped his brow with a handkerchief at least fifteen times; yet nary one drop of sweat was noticeable.
Cramer's whole schtick is selling a image that he is working hard for you. Hence his seemingly "altruistic"
tendency to take a caller or two past the lightning round deadline.
If Cramer was willing to take LIVE callers on his lightning round and better define his notion of buy and sell; I would be willing to put a monkey with a dart and a dart board with two outputs, buy and sell, against his "calls". In the end I think Cramer might outperform the monkey by a couple of basis points.
My favorite is when Cramer is "stumped" on a caller's stock. That generally means he is either VERY bullish or bearish on the stock. However he can't say anything because his "agreement" dictates that he cannot make any transactions in a stock in which he has expressed a opinion on his show, until "five days" have passed since expressing said opinion.
So when Cramer says buy or sell, unless it is disclosed that the stock is in his "charitable trust", assume he is just offering his (you get what you pay for) opinion and nothing more.
What I do is just listen to his bullshit and then may be pick up the stock he recommende and only the one he has in the so called "Charitable Trust" and then research it just never take his word on it man you will get burned with him. Be carefull his opinion are just his opinions do your homwork.:eek: