Wed, Jun 19, 2013, 7:29 PM EDT - U.S. Markets closed
This stock has had a good run, but now that its been cursed by Cramer's recommendation---can those of us late to the party make any money.Everytime I listen to Cramer, the stock seems to quickly decline shortly there after.
Actually I first heard of GSM from Cramer in December 2009. I then heard him recommend taking profits sometime in the Spring of 2010. Did he recommend as buy again recently?
In Jim Cramer's books he mentions repeatedly that you need to wait at least 5 days after he recommends a stock on his show. You will get burnt every time if you buy after hours or the next day.
If you knew 1 day before his showed aired ? What stocks he was going to comment on Tv.Then sell 24 hrs after airing,winner or loosr?
You will get burned anyway. He recommendations are always late momentum plays.
Sometimes when it's actually a good call, you never get a chance, even after 5 days. This might be one of them. It's really only doubled from the bottom. Many in this sector have done far more than that.
Was that a typo? Don't you mean: "Room left for Late CRAMERS"?