Globe Specialty Metals, Inc. Message Board
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Room Left for Late Commers?
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?
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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.
- 3 Replies to gentle311
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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?
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You will get burned anyway. He recommendations are always late momentum plays.
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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.
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Was that a typo? Don't you mean: "Room left for Late CRAMERS"?
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