View Single Post
Old 06-27-2005, 10:36 PM  
sacX
Confirmed User
 
Join Date: Dec 2002
Location: New Zealand
Posts: 2,998
Cramer has made a killing in oil in the last 12 months.. he also never suggested buying google in his online portfolio, he may have suggested selling it on TV but you have to understand that if you're going to *trade* a stock like google it's much riskier than just holding it.. (because really in the very short term stocks can go anywhere)...

To reap the larger rewards of investing in stocks you take on larger risk, and if you're going to trade (like the suggestion was, sell then buy lower) that's even riskier..

You shouldn't judge Cramer on this one call without understanding that inherent risk in what he was saying.
__________________
Have Asian Language Traffic?
sacX is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote