The thing that bothered me the most is that Cramer advised buying overvalued stocks even if you know they are overvalued!
That's great for a guy like him who will sell them quickly when the price begins to drop, but most small investors are slow to see these things and have lost a lot of money on those investments.
did you see the whole thing from the beginningtricstmrMarch 13 2009, 12:06:46 UTC
starting with the piece on Santelli--who never showed up for the daily show and then led jon to point out how bad cnbc was.. and then cramer got on scarborough's show and bitched about Jon--and then Jon came back to show how fucking retarded Cramer was?
I have the very first clip about santelli on my LJ a few entries back.. go see that now if you haven't already.. it's fucking awesome.
Re: did you see the whole thing from the beginningdarthcrankMarch 13 2009, 17:11:48 UTC
I've caught quite a bit of the unfolding story, catching the digs that Jon got in at the beginning of the show, and then gasping when he announced Cramer was there and coming out as a guest....
The rest was painful to watch but needed. I hope something comes of it.
I might need to go back and see if there is any of the story I missed!
I saw part of the Stewart vs. Cramer. Cramer folded up like a lawn chair. After seeing some of the not-for-tv stuff, I think this guy's show should go the way of crossfire.
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I'll give that Jon Stewbert or whatever his name is a piece of my mind.
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That's great for a guy like him who will sell them quickly when the price begins to drop, but most small investors are slow to see these things and have lost a lot of money on those investments.
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I have the very first clip about santelli on my LJ a few entries back.. go see that now if you haven't already.. it's fucking awesome.
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The rest was painful to watch but needed. I hope something comes of it.
I might need to go back and see if there is any of the story I missed!
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