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 :waaaaahh

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

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

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.

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

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.

:2 cents:

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

:winkwink:

sounds like you just caught a bad break

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.

glad i didnt sell mine :winkwink:

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.

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 ?????

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.

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

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

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