Jim Cramer turns into the General Custer of financial advice with this gem.
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Nice Call, Cramer
March 18th, 2008 · 2 Comments
TV media · corporate greed
2 responses so far ↓
1
Merle Widmer
// Mar 24, 2008 at 4:10 pm
He has made some really bad calls to name a few Yamana Gold, strong buy, dropped from 19+ to 15+ within a couple of days and dropped again today, KHD dropped from 40 to low 20’s, TRC from 60+ to 30+ screamed Disney, Disney. Disney, two or more years ago. Still flat and the list goes on.
Problem is he is right on many of these but he knows when to sell. the average listener does not know when to sell.
2
raakal
// May 7, 2008 at 12:15 pm
I think what Cramer was saying in that clip was that if you have actual money in the bank (much like one would in a savings account) that it is fine. He was not commenting on the value of the stock price.
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