| Jim Cramer is... |
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65% |
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| Bald |
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34% |
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| Total Votes : 38 |
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Message
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| Im Not Warren Buffett |
 Posted: Tue Dec 06, 2005 8:15 am Post subject: Opinion of Cramer |
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CFO
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I'm looking for an objective analysis of Jim Cramer and the Mad Money show. Is it worthwhile to watch - is he informative or just crazy? I know he makes a ton of recommendations, but do they actually have decent long term gains or just short term bumps from the herd effect?
Your thought on Cramer - Bold or Bald? |
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| poornewb |
| Posted: Tue Dec 06, 2005 8:24 am Post subject: |
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Investing Manager
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He definetly gets the short term bumps going. Although he cant profit from them several in his herd do. I think the last thing I saw on his picks he was 50/50. Thing is if you listen to him on when to buy and then he never mentions the stock again "YOU" better know when to sell sell sell! Im not rushing out and buying everything he says to buy, But his show did definetly get me interested in playing with the market which also has gotten me into serious mode on my retirement fund.
all in all take the show how ever you want to good, bad, Bald or Bold. He makes you think! |
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| nelaina |
| Posted: Tue Dec 06, 2005 9:04 am Post subject: |
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CFO
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| yeah i agree i like him for the insight basically. he definitley has tuned me in to seeing how to make any situation profitable, and helps me see the whole market in a unique and creative way...and i respect the fact that he emphasizes doing your homework on a company...i also like his approach towards the average person as opposed to big money investors |
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| stockmarkettips |
| Posted: Tue Dec 06, 2005 9:36 am Post subject: |
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Investing Manager
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| I think his program is great and we'll start to see a lot more of programs like his on TV. I just wish I could convince my friends and family to watch him instead of the garbage they watch on TV. He's entertaining and teaches you about the economy at the same time. |
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| bigdave |
| Posted: Tue Dec 06, 2005 12:29 pm Post subject: |
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Investing Sr. Associate
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| he is entertaining and informative that is why so many people watch him... if he was jsut entertaining and never got anythign right people wouldn't watch if he got somethings right and not entertaining people wouldn't watch but he ahs a nice mixture... he is not 100% u shouldn't just follow his advice blindly but he does give some good insight at times. |
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| frusnak |
| Posted: Tue Dec 06, 2005 12:34 pm Post subject: |
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CFO
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Cramer can be a valuable asset to you investing strategy. You must use caution with his recomendations. Do your research. If you miss one, be patient, another opportunity will come along. Do not get caught up in his hype on the show. When will he blow a vein out and bleed to death in front of us  |
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| geb9696 |
| Posted: Tue Dec 06, 2005 12:40 pm Post subject: |
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Investing VP
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| nelaina wrote: | | yeah i agree i like him for the insight basically. he definitley has tuned me in to seeing how to make any situation profitable, and helps me see the whole market in a unique and creative way...and i respect the fact that he emphasizes doing your homework on a company...i also like his approach towards the average person as opposed to big money investors |
I am just curious. What exactly do you mean by doing your homework? Are you looking at the P/E ratio? The PEG Ratio? Total Debt? Debt ratio? or what welse do you look at? |
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| Im Not Warren Buffett |
| Posted: Tue Dec 06, 2005 4:15 pm Post subject: |
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CFO
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nelaina wrote | Quote: |
he definitley has tuned me in to seeing how to make any situation profitable
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I think the idea that any situation can be profitable is a huge fallacy which is unfortunately generally accepted. There are ways to minimize loss, but certain situations exist where the money is gone and its not coming back. Remember, if you sell a losing stock and take a capital loss, it does not mean you made money, merely that you lessened your tax bill.
Maybe you mean something else? I'm interested in the idea of always making money, so if you could explain more that would be great. |
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| frusnak |
| Posted: Tue Dec 06, 2005 5:18 pm Post subject: |
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CFO
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tonight on mad money Cramer spent quite a bit of time pumping up MCHX which gained eighteen percent in after hours trading! This was one of the highest after hour trade percentage gains I have witnessed yet! Ah the power of cramer  |
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| poornewb |
| Posted: Tue Dec 06, 2005 5:20 pm Post subject: |
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Investing Manager
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| Maybe they mean profitable in a bear market? or stay away from unprofitable situation? |
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| gogeta9118 |
| Posted: Tue Dec 06, 2005 5:24 pm Post subject: |
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Investing Sr. Associate
Joined: 08 Nov 2005
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with close to 400,000 nightly viewers, Mad Money certainly is on the rise. I wouldn't be surprised if it boomed like T.V. Poker.
My advice is DO NOT pay attention to the lightning round. It's just a part of the show to get people involved. However Cramer's pick's are something to pay attention towards. Overall, his picks are 70.1754% right. I can say so because here's a website that tracks all of Mad Money's picks, and according to this, Mad Money's portfolio is up by 5.18%.
If you like a stock, and it sounds promising, increase your odds by adding your own research. You will come out stronger.
http://69.93.236.85/index.php
The website above has kept tracking since July 28, 2005. |
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| gogeta9118 |
| Posted: Tue Dec 06, 2005 5:37 pm Post subject: |
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Investing Sr. Associate
Joined: 08 Nov 2005
Posts: 125
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94301.66 e$
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| geb9696 wrote: | | nelaina wrote: | | yeah i agree i like him for the insight basically. he definitley has tuned me in to seeing how to make any situation profitable, and helps me see the whole market in a unique and creative way...and i respect the fact that he emphasizes doing your homework on a company...i also like his approach towards the average person as opposed to big money investors |
I am just curious. What exactly do you mean by doing your homework? Are you looking at the P/E ratio? The PEG Ratio? Total Debt? Debt ratio? or what welse do you look at? |
doing your homework basically means for you to research the company as much as you can. Do not take Cramer's word for it, he has been wrong in the past. Cramer only tells you when to invest, NOT when to sell. |
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| geb9696 |
| Posted: Tue Dec 06, 2005 6:40 pm Post subject: |
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Investing VP
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| What do I look for when researching a company? Is there anything I should be on the look out for or is it more of "Oh gee this company looks like it might be good and Cramer says it is. I am going to buy it." |
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| Im Not Warren Buffett |
| Posted: Tue Dec 06, 2005 7:22 pm Post subject: |
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CFO
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Thats the herd mentality that I believe Cramer has influence over. Getting an endorsement from him is the same as an analyst upgrade; it moves share price even if the company isn't intrinsically different.
I'm a big fan of intrinsic value. |
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| the_menace |
| Posted: Sat Dec 10, 2005 8:21 am Post subject: |
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Investing Associate
Joined: 09 Dec 2005
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| I take his stocks ideas but I only speculate on them. The main thing that I like about him is he speaks what's on his mind and just go off about it. He's influential in a way that he makes investing fun and gives you tips here and there to build your confidence. I like the fact that he has done his homework and been doing this for years; so his point of view has credible because of his records. |
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