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Cramer Bad Stock Advice - Politics, Business, Civil, History - Posted: 13th Mar, 2009 - 12:51pm
Posts: 2 - Views: 762
Post Date: 13th Mar, 2009 - 11:37am / Post ID: #
Cramer For Bad Stock Advice
Cramer For Bad Stock Advice
Do you use CNBC's Jim Cramer's advice when buying stock? What is your review of his show?
| QUOTE |
| "Dear Jim: Should I be worried about Bear Stearns in terms of liquidity and get my money out of there? -Peter Cramer says: "No! No! No! Bear Stearns is not in trouble. If anything, they"re more likely to be taken over. Don't move your money from Bear." On Jan. 17, 2007, Bear was trading at its high of $171.51 a share. Since then, it has been racked by the mortgage turmoil. On March 11, when Cramer posted the e-mail and his response, the stock closed at $62.97. As of 10:00 a.m. On March 17, the stock was trading at $3.72 a share. Ref. Source 2 |
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Post Date: 13th Mar, 2009 - 12:51pm / Post ID: #
Advice Stock Bad Cramer
I listen to some of the advice he gives but I do not go by what he says. Like all stock so called experts you can listen to you have to remember that stocks are a risky business. You can listen to all the experts but the one that really matters is what you decide to do. Just because the experts say this stock is a safe investment does not mean it always is.
TOPIC: Cramer For Bad Stock Advice