Re: Jim Cramer
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Anyone who knows a lot about the stock market would be too busy getting incredibly rich to do a tv show. Also, sharing your information decreases your edge.
[/ QUOTE ]
This isn't totally true. Have you heard of frontloading? He could load up on a stock, mention it on his show (stocks go crazy when he mentions them), then sell.
[/ QUOTE ]
That seems more like a recipe for getting sued by the SEC than for getting rich.
[/ QUOTE ]
I seem to recall he did have some legal troubles for doing the ole pump and dump.
Trading solely on whatever his snippit du jour is would definitely be a recipe for disaster, but I don't see anything wrong with watching his program to pick up on some ideas to follow up with the proper due dilligence.
|