He said to buy Brocade (take over target) at 7 bucks. Bought lost half my money
He said to sell BP at 26 bucks because he had heard from reliable source they are going bankrupt. Bought and made tons.
He said to sell QCOM around 30 bucks because it was just a law firm. Bought and made tons
He said to sell S around 3 bucks because there going to go under. Bought and boy made tons.
He said to sell ClWR because they may file for bankruptcy. Bought made tons
He said buy CAT over 110. I barely escaped .
He said to guy RIMM at it's all time high. Was so tempted to go short but didn't (I wish I did).
I cant remember all the stocks that I personally traded and mostly made money by just doing the opposite.
Just recently Jim Cramer was caught in another stock flip flop, hyping Facebook before the IPO and then changing his tune following the chaos that ensued following. This is just another case exposing Cramer, showing his inability to pick great investments and it’s scary because so many people watch his show and take his advice for all their investment needs. Mad Money is an entertaining show but it’s investment advice is clouded and very questionable so we urge our readers and everyone else to always use their own judegement when it comes to making any investment decisions and especially don’t rely on the sole advice of Jim Cramer.