I bought the following stocks on Cramer's advice, and now my total portfolio is down 70% in six months.
Can I sue Cramer or CNBC. He also said to buy CMG and PCLN now, but now those are heading down. I guess my kids will have to go to public school now, and my pretty wife will find another.
Want a good one? Here it is: If you have any money left, just hedge your losses by an equal amount of shorting cmg. See my previous post. It's going down!
P.S. Do NOT forget about those "Stop Loss" orders though!
Ok my best advice to you is to forget about the Market for 6 months or so and keep your stocks until they come back up. DO NOT SELL THEM.... KEEP IN MIND THAT YOU HAVEN'T LOST ANY MONEY UNLESS YOU SELL.... YES IT SUCKS NOW BUT OH WELL IT'S DONE. I hope you listen to me and forget about making any money any time soon in the Market and leave it alone... Good luck to you in everything else you do. Remember money is not everything and it comes and goes ;) Take care.
Mostly by the bears "SELLSELLSELL" and the bulls "BUYBUYBUY" ...just so mesmerizing... I think you can buy them on CNBC.com and you can squeeze them as you make your own trades, for those extra special effects.
For the record, sue away! If someone can sue for 3M and win because they aren't smart enough to keep hot coffee off their lap, you may have a chance to win vs. a clown like Cramer. -PJ
sell short CMG xxx shares. SEND. (squeeze) SELL SELL SELL!! heehee....
Nearly all the stocks you mention you would have done well on if you had bought them when Cramer first started pumping them, but the trouble with Cramer is he does not know when to stop the pump and start the dump.