you have got to be joking ,he put's his nuts on the line? i happen to see a episode late one night a while back , he was yelling buy CAT when it drops to $40..it's a buy!
CAT had dropped to right above $22 last week..
did you see the whole video of cramer on youtube that was a pull off "the street.com" that cramer owns..
http://www.youtube.com/watch?v=ZWVmlxhk-tU
listen to what he says how he gets the cnbc's talking heads ,the bob pisani's ,wsj , etc to spread rumors...same thing with some of the cast of fast money..oh ,we see a big spike in call's here , or puts there...about the only 1 on cnbc that doesn't spew chit is Mark Haines ..just like friday , had some guy running mouth about all the trillions on the sidelines waiting to get in , Mark Haines said ,"i've heard that 1 for years" with a laugh....
the big funds ,brokers all do this , they may not predict , but they sure has hell manipulate it..ever watch the opening of the market from 9:30 to 10 ish?
that's the mm's doing what ever they want to move the market in the direction they want..
no one should buy stock because of what someone said on tv , but , people do need honest reporting ,something that will never happen...
Bloomberg is about the only place to get half decent news