How blindly do you pick your stocks?

I say let all of those that do not want to do their own due diligence and blindly follow Jim Cramer do so. The advice that he gives is certainly not bad advuce, it is just not suited to the individual investor. There are people out there that get worse advice from their financial planners and stock brokers. If there is enough trading in the stocks Jim Cramer talks about on his show, then this will create inefficiencies that the serious investor can exploit. Warren Buffet did not make his fortune off of blind advice, but off of doing his own research and finding the market inefficiencies.

Every stock I bought on Mr. Kramers reccomendation(4) have lost money. I have turned him off!!
Billy Martin
Longview,Texas

Jim Cramer offers one perspective on stocks... i take that persepective and add it to my own homework using several different tools available and then make my own decision... i'v been pretty fortunate since i started watching Cramer... however... i don't take his perspective as gospel...

DivX Inc Gets 20% Boost from TV Mention
posted by MR WAVETHEORY at 9/27/2006 04:27:00 PM
Never overlook the power of TV. One mention from Jim Cramer on Mad Money and DivX is up 20% (+3.50) to close at $21.63. I like Jim's success by association thesis on DivX. You have to love the great sound bites.

Cramer said he's caught an "overlooked IPO" in DivX (DIVX - commentary - Cramer's Take). And he believes that the stock, which has increased almost 17% after its IPO, still has a lot of potential to make people money.

http://mrwavetheory.blogspot.com/2006/09/divx-inc-gets-20-boost-from-tv-mention.html

What Brian and many readers fail to understand about Jim Cramer is that Mr. Cramer is a trader by nature not an investor. Unfortunately, Jim is preaching to a mass audience of investors. The two don't mix and quite often, from an investors perspective, many of Jim's calls are not just wrong, they're dead wrong. Indeed, from an investor's standpoint, I would submit that if you genuinely want to make money watching Cramer's show, just listen very carefully to everyone of his picks and pans and do precisely the opposite. I guarantee at minimum you won't do worse then to follow his suggestions and will probably to better.

James Cramer is a showman. Next to that probabably a pump it and dump it type of commentator. Remember all the positive comments he was making about UNH we all saw what happened to that stock and sector. He isa just a showman to attract audience to the channel and probably benefit from comments in the backgound.

Longtime investor (since 1965). I wouldn't take Cramers advice to buy a carton of milk muchless ANY stock. The man's a bunch of "hot air".

cramer may be privy to considerable amounts of information and occassionaly "hit the nail on the head" but why does he have to act like an idiot in doing so? my blood pressure rises every time i try to watch him.

After reading these posts, it is obvious that there is a lot of emotion about Jim Cramer. Love him or hate him, "Mad Money" IS the number one show on CNBC. I occassionally watch more for industry ideas than for individual stocks. But nobody can deny that Jim Cramer ALWAYS tells people to do their homework and NOT to blindly buy his picks. You don't hear other tv hosts continue to say that about their picks. If nothing else, you gotta respect that he tries to educate along the way.

The man is fun to watch and brings considerable savvy to investing. As said previously, he does tell you to do your own homework. As somewhat of a novice
investor, I find Jim Cramer quite informative. Be cautious, its your money!

Everybody has the right to take his pay check in the bank and make some money OR listen to Cramer and try his or her LUCK. BUT cramer is serious and sincere.
He asks everyone to do "HOMEWORK" whatever that may be!and however u may do it!!
BOOOOyahh!!

I sure haven't made any fortunes from Cramer. Look back at Leap Frog, Finisar,JDSU, etc,etc. I'd be curious to see what his track record is.

I'm still recovering from Jim Cramer's BUY BUY BUY exhortationgs in June and July. Hopefully, I will be able to purge my portfolio of Cramer picks by Christmas. I'm no longer tempted to tune in to his manic antics.

Not only is he often wrong....he flip flops. For example he has changed his opinion on CHK several times.

Cramer works for CNBC and General Electric....he is totally BIASED

I have lost,,lost ...lost..on most of my picks from crammer. I actually do the research as best as i can on his picks, sometimes they seem right but mostof the time they all go down! I have stopped listening to him

I HAVE KEPT TRACK CRAMERS PICKS FOR 1 YEAR AND OVERALL HE IS ABOUT EVEN. MANY BIG WINNERS BUT
MANY BIG LOSERS!

MY STOCK PORTFOLIO IS UP OVER 10% IN THE LAST YEAR!
WHY, I DON'T TRADE IN AND OUT AND GET INTO EVERY
HIGH FLYER THAT SEEMS TO BE THE BULK OF CRAMERS
PICKS!

HE IS A TRADER AT HEART AND IF YOU ARE TRADER ALSO
THEN HE MIGHT MAKE YOU SOME MONEY - BUT AT A BIG
RISK FACTOR!

BUYER BEWARE! HE IS FUN AND HAS A ENTERTAINING
SHOW,BUT DON'T FOLLOW ALL HIS PICKS, BE SMART, AND PICK AND CHOOSE THEN RESEARCH HIS PICKS! THEN PICK THE BEST OF HIS PICKS ONLY!

GOOD LUCK AND GOOD INVESTING!

STONEY "WIZARD" STONEHILL

Kramer is very entertaining, but that is about it. If it was so easy to make money in the market he sure wouldn't be passing all the information to John 'Q' Public. He is alright to watch when commercials are on another channel.

Come, come....equities for the most part is pretty dry, Jim Cramer adds some levity (if not ridiculousness) to the matter and along the way he gives interesting perspectives. Personally, I bought BOL and promptly lost my shirt, but then I started buying GM at 19 in 500 and 1000 share lots and GS at 148 in 100 and 200 share lots and am now starting to "take some off the table". Point is: you win some and loose some, you are responsible for your OWN RESEARCH and your OWN MONEY. Jim drives that point home every show. Jamie Levy Farrell