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BP Prudhoe Bay Royalty Trust Message Board

  • elle_cid99 elle_cid99 Dec 1, 2012 2:17 AM Flag

    What is it with Cramer

    telling people to sell at the bottom of the 52 week range in multiple stocks? I am ashamed I used to defend him. He was shouting "Buy, Buy, Buy" the whole time these royalty trusts were up and telling people to buy them near their highs and "tuck these away in your retirement plan." Now when people call and ask what to do at the bottom, Cramer says, "sell." If that doesn't convince people to do their own research instead of following "tips," I don't know what will.

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    • i stopped listening to that guy 5 years ago for the same reason. he tells you markets change but you know what? you don't need that kind of advice. now if he was saying sell at 115 or 110, that is another story but he wasn't. gets a lot of his inside info from Goldman, so take what he says with a grain of salt or simply don't listen to him.

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