get ready for key phrases like
"i'm backing the truck up"
" buy buy buy"
then the stock will pull back and they will sell for a loss and curse cramer and move on to the next stock he hypes.
And the other thing many people fail to get: most of the stock that Cramer recommends are moved up or down by Tutes.....The Tutes ARE THE MARKET. It's one institute again the other...long or short.
Cramer does no research on these stocks, he has a group of 5 researchers that pull 22 stocks for each and every week and he comes in the week before and pulls 12 that he likes.
Trust me, this is entertainment TV at its finest. The guy says at the beginning of the show.
Now what happens is the stock gets 4-5 million dollars of the individual investor trying to get in pre-market and getting the cramer pop and then by friday 50% of that money is gone.
Institutions move stocks, not joe blow.
It may seem hard to believe but Cramer can and does move some stocks. Check out the chart for Limelight Networks (LLNW). It is quite easy to spot the two times (November and February) he interviewed the CEO. Just making a point in response to your commment. Full disclsure: I watch Cramer regularly but am cautious with his recommendations. I do my own research.
Lap, if you were still waiting for under $6 then you missed the boat, but Cramer getting HEK to the masses is just what we need, and he explained the business well. This company is going to be monster. It's the right business, in the right place, at the right time, With the right management. Anyone coming from Cramer's camp is going to be very happy. This is a $10 stock easy this year, and the sky's the limit for the future.