Quote from eagle488:
I thought I might create this to poke fun at Jim Cramer. A lot of guys have posted about him over many different threads. Maybe someone can add to the list.
On August 1st, Jim Cramer had stated the following about UARM on his Mad Money Show.
"Cramer placed the stock in the danger zone and said he would not hang on to it on its way down. It's time to take some off the table and cash in on Under Armour's strength, he said."
"If you don't sell, you might get burned"
According to Yahoo historical prices, on that day the stock closed at $39.00. It currently trades at 46 dollars and as high as $47.15 since the Mad Money show.
If you had sold your shares on Cramers advice then you would have missed out on about 20% of appreciation since the show.