Coffee Shop | James Cramer Skeptic Thread


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To: AlienTech who wrote (1223)5/1/1999 2:03:00 AM
From: mr.mark   of 1254
 
inhisdreams.com?

lol!

:)

mark

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To: RainMan29 who wrote (1222)5/3/1999 1:19:00 AM
From: synchro   of 1254
 
Is his outperformance due to superior stock selection/timing, or is it just due to leverage?

Remember, even a stupid, idiotic, dumb, loud monkey can outperform the S&P if it just buys an S&P index fund on margin for the last 15 years...Of course, it is questionable whether any stupid, idiotic, dumb, quiet investment bank would lend to a monkey. (hmmm...perhaps those yahoos that lent money to Long Term Capital)


Mr. Cramer is just that -- a newbie never really tested by a bear market. But then I guess I'm a newbie too, and so is 95% of the punters out there.

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To: RainMan29 who wrote (1222)5/6/1999 3:55:00 PM
From: ThomasJeferson   of 1254
 
Cramer had good results for several years, but how did he do it? In my opinion, last Sunday's (5/2/99) was an attempt by Cramer to talk up what he owns (his term). He owns Yahoo, AOL, and eBay, in case anyone wants to go out and buy them. He doesn't own Amazon, and it missed its target last week anyway and is sinking. A month ago he was praising it, but anyone who bought it then is behind now. We all understand that when he wrote about it, that wasn't really a recommendation to buy.

What other fund managers enjoy this kind of access to the press for talking about their stocks? Why does he need a trading goddess when he has the Hearst Newspaper syndicate (or whatever it is)? Did anyone actually believe that he hadn't shorted WavePhore?

Next week I want to print the rest of his excuses for the shorting IBM fiasco from the February 5, 1996 issue of New York. Anyone can read it and decide for themselves what happened.

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To: ThomasJeferson who wrote (1227)5/6/1999 5:54:00 PM
From: Impristine   of 1254
 
i remember,
Jimmy calling amazon down,
last sept,
he picked the top,
the stock tanked,
from the 140's to 65
then to 597,
it was an incredible,
short-term call,
in retrospect,
an even,
more incredible,
long-term call,
but i'm sure he scalped,
his share of foreskin....

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To: Impristine who wrote (1228)5/12/1999 7:34:00 AM
From: John Carragher   of 1254
 
background from today's Philadelphia inquirer on Cramer.

In an Inquirer article in November 1997, Cramer was described as a frenetic former newspaper
reporter whose attire was wrinkled and scruffy, whose sleep times fell between 11 p.m. and 3:30
a.m., and who recharged himself during the day with ping-pong breaks in his New York office.

At Springfield High in the early 1970s, Cramer was captain of the soccer team, a runner, editor of
the school paper, and president of the senior class. At Harvard, he was editor of the student
newspaper, the Harvard Crimson, which led him - after a summer selling peanuts at Veterans
Stadium - into reporting jobs for newspapers in Tallahassee, Fla., and Los Angeles.

At Harvard Law School, Cramer showed a talent for stock-picking, which led to his career on
Wall Street.

He had less success with an investment he made in 1997 in The Player magazine in Philadelphia.
The monthly magazine, aimed at the rich and powerful of the region, folded in March.

I guess he couldn't make the right call then. But look at the bucks he gets. <g>

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To: John Carragher who wrote (1229)5/12/1999 12:03:00 PM
From: Daflye   of 1254
 
The Player was one of the most obnoxious local rags I've come across.
I was sooooo happy to see it fold.
Sorry Cramer, that was a shitty move. But you still win. TSCM has added how many tens of millions to your net worth????

D

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To: Daflye who wrote (1230)5/15/1999 10:55:00 AM
From: AlienTech   of 1254
 
>>But you still win. TSCM has added how many tens of millions to your net worth????<<

And going down each day faster than his portfolio's performance.

beta.iqc.com 

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To: ThomasJeferson who wrote (1227)5/22/1999 9:49:00 AM
From: yahooker   of 1254
 
HEY!
Wm Gladstone,
What's the Latest.....

Message 6581365

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To: mr.mark who wrote (1212)5/30/1999 12:12:00 PM
From: MileHigh   of 1254
 
Dumb Q; Who is the fabulous market babe, what is her background and why does she hate Cramer sooo much??

TIA,

MileHigh

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To: MileHigh who wrote (1233)5/30/1999 1:32:00 PM
From: mr.mark   of 1254
 
i haven't read her stuff in ages, mh.

and i never knew much about her.

sorry i can't help.

:)

mark

[ahem]

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