CNBC also pimps for certain shorts. Several months ago they gave a lot of notice to a short call on the hard drive stocks by the parasite, Jim Chanos. FYI, Drive Stocks hit record highs a few weeks ago. To save face for their buddy, two weeks ago one of the CNBC #$%$ balls when reminded of the call stated that sometimes Chanos' timing can be early. LOL!
FYI, a number of years ago Kramer was investigated while at GS for some monkey business on Western Digital. Ever since then he never misses an opportunity to bash the group.
Cramer is no different than any of the other dumbells on CNBC. If the stock is going up...they like it. If the stock is going down..they don't like it. You will NEVER make money doing this. If you keep track the CNBC people are a disaster and NOBODY should EVER make an investment based on what they say. They have no vision whatsoever...
I saw Cramer pump BP big time when he had Dudley on Mad Money. he endorsed BP but I do not believe his trust holds any.
Cramer thinks himself a comedian and clever. he is neither. gotta tell you tho, I like his market assessments and sure wish I had stayed the course with NOK and ALU. his trust fund also trimmed FB prior to earnings and I wish I had followed suit. unusual for me as my trigger finger is usually my downfall.
good luck to all BP longs.... what with oil dropping and a glut out there, I am holding my BP remnants.
I can't get over how Cramer gets away with poor stock calls; comedic antics that loose investors their live savings; while he gets away with I'm sorry, Cramer is about Cramer. When Haines died Cramer took a special moment to recognized his death; several months later he had his job.