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Registered
Join Date: Mar 2004
Location: Summerville, SC
Posts: 2,057
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Oh No! Cramer Recommends a Stock I Own
I'm overweighted in GSS (gold miner), owning both the stock and call options.
I was very confident about my position, but now Cramer recommends it: http://www.thestreet.com/_yahoo/funds/madmoneywrap/10355011.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA We got a nice bounce after-hours -- because of his recommendation. I think that the people who follow Cramer are, for the most part, complete idiots. I try to trade in a contrarian position to people like Cramer's followers. It is going to be difficult to continue to hold GSS knowing that his "wack-job" followers will be buying/holding shares along with me.... 
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05-04-2007, 06:01 PM
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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Don't some people on this board make a few bucks by shorting his recommendations in after hours and buying them back the next day (when reality hits)?
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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05-04-2007, 07:27 PM
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