Cramer's Brokers Portfolio - Stockpickr! Your Source for Stock Ideas

Cramer's Brokers

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Date updated:05-28-2007

From 5-26-07:

Oh, I see, I have to sell the brokerages again because of mortgages. And I have to do it because the "bad mortgage/slowdown mortgage" story isn't yet reflected in the stocks.

I can't tell you how many times, when I first got into the hedge fund business, I would be long a stock and read a hit piece in the media about a stock and think, just my luck, something that we all knew, something that my sources know won't matter, gets into the paper as the only thing that matters.

Then, later, when I realized that you don't get gifts that often, gifts of misinformation that create pockets of opportunity, I would just stand there and buy the ferocious selling at my price.

Oh, and by the way, the numbers at the brokers?

They are way too low. And "everybody" knows it, except the people who need the stocks lower.

LEH
Leh
$0.00
N/A
$N/A

No Analysis added

People owning LEH also tend to own: BNI CX EFA EWJ EWY GOOG IVE

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MER
11.88
$11.78
0.00
$11.78

No Analysis added

People owning MER also tend to own: AIG ALL AXP BAC BRK-B C COF

TheStreet.com Rating: D+ What is this?

GS
Goldman Sachs Grp
$176.51
-0.03%
$176.40

Goldman's (GS) having a remarkable quarter. (At least we know now why it got hit so badly yesterday, don't you feel better?) Let it come in. When it falls there is always a tremendous air pocket.

People owning GS also tend to own: AOB COGO CRYP GEL GLW GRMN MDRX

TheStreet.com Rating: C What is this?

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