If Cramer likes PBCT, I'll have to reevaluate whether I want to hold this stock. I assiduously avoid anything he touts just on the basis that he's been so wrong so often he's like the kiss of death. Alcoa, his "top pick" for 2011, was around 15 when he started touting it. CitiGroup was also a "top pick" at around 45-50 (post reverse-split.) Don't even mention Bank of America. I've learned not to listen to anyone who talks fast and loud, plus he gives me a huge headache. I have to take a Valium after hearing his voice for longer than about a minute.
Agreed. Remember when he had the new CEO of Wachovia on his show and afterwards sang Wachovia's praises. About 3 weeks later, Wachovia tanked. A ton of people lost their rears as a result of that touting.