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Kellogg Company Message Board

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  • simpleawright simpleawright Aug 3, 2012 10:10 AM Flag

    Cramer says sell near 52 week low???

    How much $$$ did he save you when he was still saying sell sell sell at $46?? Even a broken clock gets it right twice a day. The fact that he said sell at $52 is immaterial. I could tell you to sell VZ at $46 and when it goes back down to $43, does it mean I saved you $$$$? No. Cramer is a complete non-factor in the market. I can do better than him and I know it.

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    • Cramer is like the broker who calls half his clients and tells him to buy the stock because it is going up and calls the other half of his clients and tells them to sell the stock becuase it is going down.

      After the stock moves he calls back the 1/2 where he was right and looks like a genius.

      The guy makes so many calls some have to be right but I don't think he really understands value.

      I heard it costs more to make the box the cereal comes in than the actual cereal. Also, who really knows what pringles are made out of? It's a mystery.

      • 1 Reply to nomorehomes
      • That was my point. You could easily make a series of statements about stocks movement and do very well. Of course you would get many right and many wrong. Just like you were right about buying K under $47 and wrong about selling PEP at $68. It was recently at $73 BTW. Cramer was just one of the fortunate ones that makes his calls with a larger audience than we have...he speaks to millions, while we speak to a few dozen on a message board.

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