Jim Cramer and his stock advice - GoFuckYourself.com

clickhappy · 06-27-2005, 03:50 PM

http://finance.yahoo.com/q?s=goog

I sold my Google stock at 280 because he said it would stall and dip down, then rise back up again.

I lost almost $2k because I followed his advice

Mako · 06-27-2005, 04:02 PM

He's a clown. I've warned GFYers constantly about his nonsense and total lack of background or experience to be offering the level of advice he does at a national level, but few listen. Baaaaa go the sheep.

If you do some background on him you'll find that he married well, and that's the reason his portfolio stands where it does today in terms of dollar value. Along with typical porn-like subsciber newsletters, his own "Top Picks" site subscriptions, his CNBC payroll, and his books.

clickhappy · 06-27-2005, 04:05 PM

Quote:

Originally Posted by Mako

He's a clown. I've warned GFYers constantly about his nonsense and total lack of background or experience to be offering the level of advice he does at a national level, but few listen. Baaaaa go the sheep.

If you do some background on him you'll find that he married well, and that's the reason his portfolio stands where it does today in terms of dollar value. Along with typical porn-like subsciber newsletters, his own "Top Picks" site subscriptions, his CNBC payroll, and his books.

I didnt know that.
Im not listening to him anymore or anyone.
Now that I think about it Ive never gotten good stock advice in my life lol.
Im going to go with my gut from now on. I have a feeling that Google will keep going up and up

clickhappy · 06-27-2005, 04:06 PM

My God, look at the volume
http://finance.yahoo.com/q/bc?s=GOOG&t=1d

thewebgarage · 06-27-2005, 04:16 PM

timing the market is gambling. You should call Krammer and call him on it. I love google but jezz didnt we learn anything from the dotcom bomb a few years ago.

Me any my buddy always win in vegas. Doesnt mean you should go gambling with me.

cjaccardi · 06-27-2005, 07:53 PM

actually Jim Cramer use to be one of the top brokers in the country so I dont know what you are talking about his lack of background or experience

JJ Gold · 06-27-2005, 08:02 PM

Cramer made a ton of money for Goldman Sachs. However, he used some questionable tactics.

Today he serves as a great contrarian indicator. Do the opposite and you will clean up.

bDok · 06-27-2005, 10:02 PM

Quote:

Originally Posted by JJ Gold

Cramer made a ton of money for Goldman Sachs. However, he used some questionable tactics.

Today he serves as a great contrarian indicator. Do the opposite and you will clean up.

kinda funny how today cramer was going coo coo over google. saying how it will hit 350. like someone said up above timing the market is very hard to do. you should have just held on because you most likely paid %%% for capital gains on the profit you took.

i'm personally getting in on some options and buynig a couple calls 6 months a year out.

FilthyRob · 06-27-2005, 10:32 PM

sounds like you just caught a bad break

sacX · 06-27-2005, 10:36 PM

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.

Babagirls · 06-27-2005, 10:38 PM

glad i didnt sell mine

dopeman · 06-27-2005, 10:42 PM

here's an article he wrote in 2000

Quote:

You want winners? You want me to put my Cramer Berkowitz hedge fund hat on and just discuss what my fund is buying today to try to make money tomorrow and the next day and the next? You want my top 10 stocks for who is going to make it in the New World? You know what? I am going to give them to you. Right here. Right now.

OK. Here goes. Write them down ? no handouts here!: 724 Solutions (SVNX:Nasdaq - news), Ariba (ARBA:Nasdaq - news), Digital Island (ISLD:Nasdaq - news), Exodus (EXDS:Nasdaq - news), InfoSpace.com (INSP:Nasdaq - news), Inktomi (INKT:Nasdaq - news), Mercury Interactive (MERQ:Nasdaq - news), Sonera (SNRA:Nasdaq - news), VeriSign (VRSN:Nasdaq - news) and Veritas Software (VRTS:Nasdaq - news).

We are buying some of every one of these this morning as I give this speech. We buy them every day, particularly if they are down, which, no surprise given what they do, is very rare. And we will keep doing so until this period is over ? and it is very far from ending. Heck, people are just learning these stories on Wall Street, and the more they come to learn, the more they love and own! Most of these companies don?t even have earnings per share, so we won?t have to be constrained by that methodology for quarters to come.

do the math and figure out how much you would have lost back then when he was hopping around screaming about the Web ecomomy.

nicchick · 06-27-2005, 10:44 PM

Shoulda done your homework - Online advertising is on fire and Google is cleaning up w/ Adsense and Adwords. It's gone up over 300% in less than a year and you DUMP it based on the advice of that moron ? Dude ?????

sacX · 06-27-2005, 10:47 PM

Quote:

Originally Posted by dopeman

here's an article he wrote in 2000

do the math and figure out how much you would have lost back then when he was hopping around screaming about the Web ecomomy.

you have to include when he said sell them. Remember stacks of money was made in this time. The question isn't what he bought, it's when he bailed.

TurboTrucker · 06-27-2005, 11:40 PM

Never buy or sell stock just because somebody else says you should.

KMR Stitch · 06-28-2005, 12:12 AM

There is nothing WRONG with selling out and taking a profit. He gives good advice.

EmporerEJ · 06-28-2005, 12:16 AM

And I was afraid to get in at 121!!!
It's only gonna go up now with the video thing happening....

06-27-2005, 03:50 PM	#1
clickhappy Confirmed User Industry Role: Join Date: Mar 2004 Posts: 4,027	Jim Cramer and his stock advice http://finance.yahoo.com/q?s=goog I sold my Google stock at 280 because he said it would stall and dip down, then rise back up again. I lost almost $2k because I followed his advice

06-27-2005, 04:02 PM	#2
Mako Confirmed User Join Date: Jul 2004 Location: The OC baby! Posts: 1,986	He's a clown. I've warned GFYers constantly about his nonsense and total lack of background or experience to be offering the level of advice he does at a national level, but few listen. Baaaaa go the sheep. If you do some background on him you'll find that he married well, and that's the reason his portfolio stands where it does today in terms of dollar value. Along with typical porn-like subsciber newsletters, his own "Top Picks" site subscriptions, his CNBC payroll, and his books. __________________

06-27-2005, 04:16 PM	#5
thewebgarage Confirmed User Join Date: Sep 2002 Location: cali Posts: 1,002	timing the market is gambling. You should call Krammer and call him on it. I love google but jezz didnt we learn anything from the dotcom bomb a few years ago. Me any my buddy always win in vegas. Doesnt mean you should go gambling with me. __________________ Big Boob trades icq 265907826

06-27-2005, 10:32 PM	#9
FilthyRob Confirmed User Join Date: Feb 2004 Location: Anaheim - CA Posts: 6,741	sounds like you just caught a bad break __________________ AKA - Clubsexy

06-27-2005, 10:36 PM	#10
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?

06-27-2005, 04:06 PM	#4
clickhappy Confirmed User Industry Role: Join Date: Mar 2004 Posts: 4,027	My God, look at the volume http://finance.yahoo.com/q/bc?s=GOOG&t=1d

06-27-2005, 07:53 PM	#6
cjaccardi Confirmed User Join Date: Feb 2005 Posts: 406	actually Jim Cramer use to be one of the top brokers in the country so I dont know what you are talking about his lack of background or experience

06-27-2005, 08:02 PM	#7
JJ Gold Confirmed User Join Date: Aug 2004 Posts: 1,969	Cramer made a ton of money for Goldman Sachs. However, he used some questionable tactics. Today he serves as a great contrarian indicator. Do the opposite and you will clean up.

06-27-2005, 10:38 PM	#11
Babagirls Text Writer Join Date: Feb 2001 Location: Wisconsin Posts: 18,812	glad i didnt sell mine __________________ Need a Text Writer? Blogs\|Reviews\|Descriptions\|Paysites\|TGP's\|Stories ICQ: 397892500

06-27-2005, 10:44 PM	#13
nicchick Confirmed User Join Date: Feb 2003 Posts: 316	Shoulda done your homework - Online advertising is on fire and Google is cleaning up w/ Adsense and Adwords. It's gone up over 300% in less than a year and you DUMP it based on the advice of that moron ? Dude ?????

06-27-2005, 11:40 PM	#15
TurboTrucker Confirmed User Join Date: Jan 2003 Location: Phoenix Arizona Posts: 2,363	Never buy or sell stock just because somebody else says you should. __________________

06-28-2005, 12:12 AM	#16
KMR Stitch I am cool Join Date: Jul 2003 Posts: 14,494	There is nothing WRONG with selling out and taking a profit. He gives good advice.

06-28-2005, 12:16 AM	#17
EmporerEJ Confirmed User Join Date: Jan 2004 Location: Political subdivision United States, Continent North America, Planet Earth, Sol System, Milky Way Galaxy Posts: 282	And I was afraid to get in at 121!!! It's only gonna go up now with the video thing happening.... __________________ Eric J. White Earn $$$ with the Virtual Sex Machine Affiliate program!