I'm not Cramer's fan and I'm against him most of time. But in nflx case, I think he's partially right. He pumped when it went up and he said partially sell when it went down. He should say, sell, sell, sell.
Please....he's always right because he talks out of both sides of his mouth. One day it's buy, then next day it's sell... so if it goes up he says see I told you to buy, and if it goes down he says see I told you to sell....
Wrong, he is always right because it's a self fulfilled prophecy. Cramer says buy a stock and all the hedge and retail go out and buy, simple as that. He said buy LULU yesterday and that it is going to $100, behold it's up almost $4 today, check out VMW another Cramer BUY its trading only at 120 P/E
Cramer said sell Netflix so many of the pump riders left. Cramer is power, he is also smart but mostly celebrity power.
cramer has been right for months now and not just about individual stocks, but about market swings too. he told people not to sell a month or so ago when it looked like the bottom was falling out. he was right.