FS: Free Investment Coaching for i-clubbers
soundwave is 100% right, Jim Cramer is just about the worst person you can listen to about stocks.
I agree about doing your due diligence. That means reading stuff that ISN'T produced by the brokerage houses, companies and what not that you will be spending your money with.
Marketplace on NPR is your friend. Fool.com is your friend. Bloomberg News is your friend.
CNBC is the anti-christ.
I agree about doing your due diligence. That means reading stuff that ISN'T produced by the brokerage houses, companies and what not that you will be spending your money with.
Marketplace on NPR is your friend. Fool.com is your friend. Bloomberg News is your friend.
CNBC is the anti-christ.
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he's a joke man.
http://www.fool.com/investing/genera...im-cramer.aspx
http://consumerist.com/2008/12/jim-c...coin-toss.html
http://www.erictyson.com/articles/20080922
# Bear Stearns. Cramer recommended buying this stock on 8/17/07 at $118.20 per share. He lost 95 percent on this one - selling at just under $6 per share on 3/20/08.
# Morgan Stanley. Cramer recommended buying this stock on 9/15/06 at $70.95 per share. Its recently been trading around $25.
# Lehman Brothers. Cramer recommended this stock on 10/17/05 at $55.18 per share. On 9/5/08 with the stock trading at $16 per share, on CNBC, Cramer selected Lehman as a "screaming buy" and said things couldn't get any worse for the company. The firm went bankrupt and the stock trades for pennies per share for more than a 99 percent loss for Cramer.
# Merrill Lynch. Cramer recommended buying this stock on 9/19/05 at $60.17 per share and sold it on 9/12/08 for $17.05 per share for a 72 percent loss.
you'd be better off with index funds. lol
http://www.fool.com/investing/genera...im-cramer.aspx
http://consumerist.com/2008/12/jim-c...coin-toss.html
http://www.erictyson.com/articles/20080922
# Bear Stearns. Cramer recommended buying this stock on 8/17/07 at $118.20 per share. He lost 95 percent on this one - selling at just under $6 per share on 3/20/08.
# Morgan Stanley. Cramer recommended buying this stock on 9/15/06 at $70.95 per share. Its recently been trading around $25.
# Lehman Brothers. Cramer recommended this stock on 10/17/05 at $55.18 per share. On 9/5/08 with the stock trading at $16 per share, on CNBC, Cramer selected Lehman as a "screaming buy" and said things couldn't get any worse for the company. The firm went bankrupt and the stock trades for pennies per share for more than a 99 percent loss for Cramer.
# Merrill Lynch. Cramer recommended buying this stock on 9/19/05 at $60.17 per share and sold it on 9/12/08 for $17.05 per share for a 72 percent loss.
you'd be better off with index funds. lol
First thing I said in the original post and also Cramer has made more money than I have in the market and is a wealth of knowledge. The sites that you guys mentioned are great too. Like I said, read EVERYTHING and listen to what everyone has to say, but at the end of the day, its YOUR money. Do your homework.
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From: on the way to lake tahoe to shread! turbo beast
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Very true, but I got it for $18 and sold mit for $34 so I made out ok. Right now they are at $28, I think if they go as low as $26 I might buy some more. ( I have a feeling that when the sedan comes out they stock is reallly going to shoot up!) lets hope for a split and $40 when that split happens lol I'm also thinking abut ford and gmc.
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