Ben, I am long but this is the link on what Cramer's charitable trust owns and CAT is SOLD which makes me ill yeah it's not all his fault but come on he is suppost to be cheerleading investments for his followers not trades and in May he said go all in!!
He's an entertainer, he doesn't need to be anymore accurate than the weatherman. If you don't agree with him don't follow him. If you think he has some value take his recommendations and do you own due diligence.
Cramer recently said he sold CAT "higher" and ssid it would go to down to $50 because there would be a severe recession soon. He might not be right about the severe recession after all. And is it a coincidence that all of his Hedge Fund friends are either short or out of the market waiting for Dow 9000? He's a shill for Hedge Funds. When Apple dipped down to $310 in July or whenever that happened, he said it would go down to $285. It instead went straight up to $400 shortly thereafter.
I think he sold CAT from the site that list his holdings!! I mean yeah China may have said it slowed a little but the fundamentals of CAT are strong especially with BUCY. I thought Cramer advised for investing but only pumped CAT for a few months then to jump off glad I own CAT but never taking his recommendation again!! He bought at $103 so lost alot silly man dont he know it will surpass that in a few months? Good Luck guys not getting to be on board like I prefer!
Cramer is a weasel!!! I saw him on CNBC Friday morning. He said, and I am paraphrasing, "the market has come up too much too fast since October 4, do you remember, not that long ago - CAT up 10 points since then". He did not mention the fact it fell 10 points the last few sessions up to and including Tuesday morning the 4th!!!! In other words, like CNBC in general, they always say things have gone up too fast even when they are still down 30, 40, or even 50 percent in the last two months or so. They say whatever they want to, to drive the market in the direction they desire. When will people learn this and ignore CNBC?
I don't think he sold CAT shares to buy CMI, I think he holds both, and might of told his audience to do that. I really don't follow him but seen another article today as well as yesterday that he holds 1000 shares as of Sept 15th. I do know he is limited on when he can sell.
Cramer has sold CAT in recent weeks (in his charitable trust.) He sold CAT shares to buy CMI shares. He sees more catalyst for an upside in CMI. I don't remember whether there are 1000 shares left or not.