You must attack the disclaimer. Advise the people using Cramer's financial recommendation on TV, the internet, and printed media of the errors in his professional opinions. The disclaimers must be made worthless. Hiding behind the disclaimers is just a way to keep promoting the possibility of Cramers errors. For example: A doctor is allowed only so many mistakes that cause harm or death to a patient before losing the license to practice. The same applies to people that give out professional advice that can cause financial loss. A professional is permitted an opinion, but when that opinion causes loss, the professional should be held responsible.
remember old Jimbo said "BP would be crazy not to buy out ARNA" He said that on the Monday after fda approval. He then came out on Tuesday and said he looked further into the stock ownership and saw how much retail owned it and said people should take their profits and sell!!!. He got a phone call from his buddies saying #$%$ are you doing we are short still and youre screaming BO !! That is where he is wrong and should be looked into .,but it will never happen. The man shouldn't even be allowed to do what he does. He says he cant buy and sell stock but his charitable trust can. Wonderful loop hole he has there. the ability to manipulate stocks under the guise of entertainment