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competentone competentone is offline
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Join Date: Mar 2004
Location: Summerville, SC
Posts: 2,057
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....


Old 05-04-2007, 07:01 PM
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