Cramer's a trader, not an investor. He always advises "Take some money off the table"; "Bulls make money. Bears make money. But pigs get slaughtered!"
Anyway, don't you read the waiver at the beginning of the show? Cramer's opinions are not to be construed as investment advice. Furthermore, viewers should seek professional investment advice from their financial advisors.
I like Cramer, but here's where I differ with him: he hates the airlines and won't concede that AMR is a winner. I'm buying AMR. I like the charts and the stock's momentum. Cramer just hates airlines!
On AMR I bought 140 shares at $14-$15. This month AMR traded as high as $22. I didn't sell. I'm long. Reasons why I like AMR: the stock has good momentum in spite of increasing oil prices. The new commercial jets, especially the 787, Boeing's Dreamliner will revolutionize global air travel. The new planes will be fuel and cost efficient. Cut flying time and fly direct to most destinations--and carry more passengers.
With good management, the airlines should be able to post profits in this new era of air travel. When that happens--within 3-5 years--AMR will surely be a winner!