Weighing in on Cramer and weighing heavy.


The investment world is abuzz regarding the thoughtless verbal spillage of Stop Trading!, Jim Cramer. First, I'd like to make one major change in my stance on the man. It is without extraneous humility that I submit I can call him Jim now and I'll no longer be constrained to calling him Mr. Cramer. He has taken a lower position in my catalog of respected individuals. I'm not any better than I ever was. But Jim just got worse than he's ever been.

It's not that I find his market manipulations especially unpalatable, those things are done every day. It's called journalism and if creating a reaction wasn't the basis for what we do, then why do it? However, if in fact Jim deliberately scuttled his own true opinions on a stock or fund in lieu of presenting convoluted information as the means to attaining a goal, then his words of guidance mean nothing to us. His recommendations would be nothing more useful than the obtrusively grating sounds of finger nails on a chalk board.

I'm not qualified to say if Jim's value manipulations for his own gain were wrong but if he shared his dubious intent with others prior to warping the record, then he most certainly has affronted the law. Already, Jim's entourage is suggesting that Jim should offer his services and insight to regulators to help curb the problem. Yeah, and murderers should help design safer guns.

The tongue is like a consuming fire which, when left uncontrolled, shall leave massive destruction in its wake. See what a large fire such a small spark has made. Jim's days as a guidepost to the time-constrained investor have just been greatly reduced. Watch for his ratings to plummet. In the light of his lack of ability to keep his market dealings straightforward and subject to the same forces as the rest of us, I will make my strongest investment suggestion of the week:

Short Jim Cramer now!

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