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General Cable Corp. Message Board

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  • biglefthook_00 biglefthook_00 May 2, 2009 8:32 AM Flag

    Cramer, a few months gave it a sell

    But Cramer had originally gave it a buy which rallied the stock to $80....

    When this HEDGE FUND was knocking it down to $8, Cramer gave it a SELL....

    Why?

    He said, "A HEDGE FUND Controls this stock."

    That's why I said "LOCK IN PROFITS"

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    • biglefthook: I like Jim Cramer too, and his show Mad Money, but I don't heed his investment advice any more than I do any other investment analyst, which is zilch. Sometimes he's right and sometimes he's wrong. It's too much like throwing a dart at a list a stocks and investing in the one you hit. There are things to be learned from Cramer, he's a smart guy, but don't buy or sell on his advice. Base your buying and selling on your research and your experience. General Cable is not up because a hedge fund decided to let it rise. It's up due to all the different reasons that have already been discussed on this board.

 
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