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June 2009




June 18, 2009 – Comments (3)

I just got done doing some research on various tech stocks after hearing Cramer talk about 3G network on his show, came up on RFMD and looked on the mesage boards...."Cramer has an agenda w his hedge fund buddies" or "Typical Cramer pump and dump" etc. This guy has made some horrendous calls in the past and will continue to do so. However, I do watch his show and have to say he does get it right a lot more often than he gets wrong. I think people need to take a step back and realize that his show not only entertains, but educates. I will be the first to acknowledge that when I first got into the market, I was horrendous making some idiotic mistakes. I learned from them quickly with the help of reading up and doing my dd. I am not ashamed to say that I have read his books and gained a lot. His TV show is enjoyable and provides insight. A lot of the blogs I read always have a comment about him, most;y negative blaming him for losing some money... Here is an idea: Have a diverse portfolio and do not put all your eggs in 1 stock. Try his basket theory when he did the tech basket- up about 10% (one stock up 29%, not one lost money).  [more]

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