Thread: Gmkt

So am I. Could it be that you were watching the same channel?

LOL

swsop

I guess we should watch it Wednesday and see if the price does indeed drop....I wonder if Thursday would be the best buy day.....I didn't quite follow him.....

GA

GA,

Looks like it went up by $2.99. What's your take on it? Maybe after the Holidays, I believe that's when he said to buy it.

swsop

Originally Posted by GeorgiaGal

I guess we should watch it Wednesday and see if the price does indeed drop....I wonder if Thursday would be the best buy day.....I didn't quite follow him.....

GA

I know he said Wednesday, but not sure which Wednesday he meant. He said on Wednesday a couple large holders were getting out, and the price would drop.

GA

I think I saw the same show that you guys are mentioning. Although I am a new investor and compared to you guys I really know nothing about investing, hope you guys don't mind me throwing in my 2 cents.

I have been watching the same show mentioned in the above posts for awhile. Although I find it rather entertaining, I sometimes wonder if he throws out stock names to boost his own portfolio. For example, the day after his mention the stock rose 7%. And now it seems like you guys are waiting on a pullback to get in on the stock. Is there a chance he has already sold the stock after the big payday that he received?!?

Once again I am a amateur here, so dont blast me. Educate me!

cprice,

Good question! This should help. I GOOGLE'd it.

http://www.broadcastingcable.com/art...&referral=SUPP

He's also open about bad calls he has made in life, including not attaching a disclaimer to a 1995 column he wrote in SmartMoney in which he touted stocks he owned, prompting an SEC investigation. (Mad Money runs such a disclaimer, and Cramer does not currently own any stocks, instead managing a charitable trust, whose trades CNBC must clear.) He also fought a very nasty contract battle with Fox News chief Roger Ailes, when Cramer wanted out of his TheStreet.com program in the late 1990s.