Cramer's documented history of portfolio destruction

I would like to point out one huge disaster of Cramers and that is MRVL. All summer long he shouted to his callers that they have to be in MRVL. MRVL went down from the 30s to the teens. Then when it crashed to its lowest point, he still was faithful saying that he wasnt going to miss this one and it was going back to 30. Well, its still about 19 bucks and change and analysts are hitting the big red downgrade button.
 
Quote from PohPoh:

Does Cramer have loss-disclosure aversion?
Or does he own up to his mistakes?

I don't know much about him..
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Yes, he just sticks a post-it on his forehead with "moron" written on it while you pick up the tab.
 
Quote from flytiger:

"Surprisingly enough, it's not always easy to know when conditions have
changed, even once they actually have."

True. But you're not telling anybody you're the second coming of Jesus Christ. This guy is. He should have known.

Or, is it that without his network of sources tipping him, he's no good?
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He needed his wife the Trading Goddess to bail him out during his darkest days at his hedge fund. That speaks volume about his trading acumen.
 
Quote from flytiger:

"Surprisingly enough, it's not always easy to know when conditions have
changed, even once they actually have."

True. But you're not telling anybody you're the second coming of Jesus Christ. This guy is. He should have known.
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Correct on all counts, assuming he is JC :p
 
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