I remember this interview with Crammer back then, and I was wondering why nothing ever came of it with the SEC? They must have been using all their resources at the SEC to help Bernie Madoff find a husband for his Niece.
I had not seen that link before. What a bunch of $%!#. Now I defintely know why I instinctively never liked him, his advice or his demeanor. He is a shark that never quits and as I said. Just see what he holds and know he is going to do everything he can to manipulate it in his favor for his own holdings....and of course, he thinks that everyone in the market is fair game. Disgusting while he tries to "advise" the individual investor. He is nothing but the worst entertainment value. And he isn't the only one. I really feel bad for the beginners, the ones trying for all their might to hold on to whatever they have while the likes of him manipulate various stocks for their own benefit at our loss. Their ego's are beyond the pale.
As I said before in a post. I believe Cramer owns Annaly in his non-profit so he has a vested interest in hawking NLY and dissing everyone else. So why we would trust his analysis on anything in any sector he owns is questionable. As one other poster suggested. He basically day trades stocks that he advises to buy or sell, and expects the herd to follow him I guess. But of course if they do, he is the one who makes the money. Who has that kind of money to lose?