I think the important part of Cecil's concern is the affect Cramer's opinions have on the
price movement of a stock. Sometimes the affect is small and sometimes it's large.
Either way, I don't think that the affect lasts for a long time in most cases. Small cap
stocks will feel the affect the most and large caps won't move much at all. But, in the
grand scheme of things, Cramer's influence on the movement of a stock is minor in
comparison to the influence of large institutional investors and hedge funds. When those
guys have weak conviction, watch out below.

Note the fact also that Cramer hasn't said a single word about LVLT since the announcement
that the CFO is leaving. I think he's afraid to make a statement that will move the stock
too much.

Last edited on: 10-20-2007 03:24 pm

Trader versus investor question. The only thing that makes a stock a sell at the end of
the same week that it is a buy is either earthshaking news, or your not dealing with an
investor to begin with. Now, everyone must do their own homework, nor hold anyone
responsible for bad calls but themselves. But, when you make calls on stocks, there the
assumption that rigor is involved that can withstand breezes. No hurricane happened with
the stock this week.

Any weakness in this stock is a gift IMO. Don't get shaken out.

Stock can change direction in a heart beat. So why can't the trader

cramer's a smart guy but he reiterates ten times a day that his ideas are opinions. and
also that he remains open to changing his mind. take his ideas under consideration and
come up with your own -- using the methodology and rationale he lays out. rarely does he
do a straight up thing like prognosticating about citibank. the rest of it is his
educated GUESS. if he were right all the time, he'd be in jail for insider trading. and
re flip-flopping - i'll take that over "stay the course" nonsense any day. that has
gotten us in far more trouble.

Last edited on: 10-18-2007 12:22 am

Cecil, I watched Cramer tonight and you have to understand that when a caller calls in and
asks for an opinion on those two stocks, he's going to give the stock he feels more
confident in. STV is a stock he has said is "like playing with fire." You have to
understand that this company just came public and the stock really moved on momentum. I
don't know much about the company but it sounds like it will be very successful and will
be a solid investment. If you are looking for a quick buck, you are probably more likely
to see a drop of $10 than a gain of $10 especially after this runup. He didn't really flip
flop on this call since last week he specifically made the comment about playing with
fire. Is it a spec play? You better believe it...Are there some solid fundies? I'm sure
there are. However, when a caller comes in and he has two stocks to play with and he is
more confident with one the other you better hope to god he tells you to buy the one he is
more confident with.

My suggestion......use Cramer to get a feel for what affects different segments of the
market. Just because he recommends something; means it will go up. Know the things
you're comfortable with, and make your selections accordingly. I like to get a feel for
things even in the areas of the market I have no interest. I think it helps me see the
big picture.
Keep the majority of your money in INVESTMENTS; and no more than 10-20% in speculation.
I consider Google and Cisco as speculative plays; which tells you I'm fairly conservative.
I know I'll get the growth in my portfolio from the better known technolgy names; and
consistent income form my investments. Remember.....home run hitters tend to strike out
alot!!!!

I started listening to Cramer on the radio in the 90's. I had no idea what I was doing
and my first investment tanked huge. I said he was an idiot and still listened . About 10
years later,I am not going to say I am up400% but I am going to say that I am up really
good and he has helped me learn and find a new occupation. It is confusing at first and
you can get frustrateded when he changes w/the market. If you do your homework(blablabla)
but soo true, you will become self-sufficient. Just look at long term 18 months and you
will be fine. It takes time , I have learned. Anything I can do to help, let me know..

Ryan4891- I really liked your post, and you are right, its a great buying oppurtunity.

Cecil - I think this is just more of a function of the market and market perceptions. For
Jim, what ive noticed is that on Mad Money specifically, and AAPlus, he recomends and buys
much more conservatively than he actually would if he was at the ol' hedge fund. I'll
further bring up a point ive broght up before as you are not the first to have a problem
with jim doing this; if he does change his mind about a stock that he recomends, should he
A) say nothing B) say it to spite the fact he recomended it ???

I believe he is obligated to go with B and more times than not he will be able to live
with himself with that option.

Furthermore, he did not lose you money unless you've sold it. This is an unrealized
gain/loss until you sell. if the fundamentals are good and you believe it is going higher,
isn't this just a time to buy more? Shouldn't this be a good thing for you?