Cramer cost his loyal followers a 25% rise in PGH, in only 4 weeks. He said sell on feb 28, at 4.15.
Then the street says hold at 5.16, on march 29.
Thats pretty funny.
If all his pied piper minnions sold on feb 28th, who would have any shares to hold on friday ?
i still dont like someone who has significant positions in companies, telling us why he likes them.
charity or no charity.
anyone who has a major position, should not be allowed to talk about it publicly, for 2 months before and after they own it.
plus isnt his charitable trust manager getting paid ?
doesnt she get bonuses when the trust does well ?
if so, she shouldnt be talking stocks up or down on cnbc, and he shouldnt be either.
if his stock picks are so great, why does he need to talk them up ?
but why is it legal for him to talk them up.
The rating system on WS is terrible. The public statements are always MONTHS late? That "sell" should have been back in PGH was over 9 and NOT under $5 a share! Expect a "buy" when PGH is trading @ 7.5 and if they issued the buy when it was around 4.15 look how well holders would do? Also the darkside if often there are TWO lists. Cramer is RETAIL and dumb money. The other list is doing what I am saying and the first group that gets it are very large customers ( greater then 5 million ) , then 1-4.99 million, etc.