Max Petrisek

Jim Cramer's Mad Money In-Depth Stock Picks 6/29

David, Your consistent in your reply. In fact your reply appears to be a computer generated (automatic) reply. It is a word for word identical to the reply a few months ago. You are using your Internet tools well. David who?? Hmm.

Jim Cramer's Mad Money In-Depth Stock Picks 6/29

Seeking Alpha knows what type of financial media "sells." So what's new ? Everyone should know Seeking
Alpha is "pushing" Cramer's every pick on a daily basis. This is not done because Cramer's picks can make money for most of Cramer's or Seeking Alpha's readers. I have for the 3rd time over a period of 2 years done a statistically valid study of Cramers picks and in each case Cramer's picks were horrible. It didn't matter whether they were buys or sells or for 1 month or 6 month period. They were really horrible and wrong to a significant amount. Seems that Seeking Alpha & NBC are aware that Cramer is a popular comedian and he has a following. Street people, not investors, want someone to light them up with a urgent dramatic call to buy or sell now. Even while Cramer is spilling his recos on TV many of the more liquid stocks are in a dramatic change as he speaks. He's looking good for the moment as jumps and screams out more advice. What a miracle maker a magician or better an apparent exciting stock guru- that's Cramer. It's exciting to place the order on a Cramer call. That's where the excitement stops in a very short time of less than a few days. Then the great Cramer recommendations goes sour. I felt verification of my opinion based on sound statistics should be verified. 1st Ii did some repeat evaluation, more stocks and longer time periods, and last were his picks of 6/30/07 were even worse after 4 months (as of 11/4/07) . Then I checked my score keeping of over 2 dozen different investors making Cramer comments on the internet. Since I knew about 1/2 of these other investors for well over 2 years I felt this was a valid test. Over 95 % were adimit that Cramer was a farce. The one that wasn't sure felt he should be given more time. Well the 2 + years are up and it's time that Seelking Alpha and NBC put out more disclaimers to at least warn the uninitiated. NBC to it's credit has increased the warnings and are getting closer to calling the telecasts a comedy or just for your entertainment. Come on Seeking Alpha we know that savvy investment fund managers may be trying to do some a fast swing trade off Cramer's picks. But they must be betting as contrarians or are very nimble or just dumb. I will not waste time doing further extensive evaluations or comments of Cramer's picks. It is a waste of time- in the fullness of time the truth will be self evident! Since Cramer has on a few occasions admitted his problems I have no interest in attempting to psychoanalyzing this really funny comedian. I don't watch him on TV anymore. No thanks to Seeking Alpha.

Jim Cramer's Mad Money In-Depth Stock Picks 6/29

gottcha?

Jim Cramer's Mad Money In-Depth Stock Picks 6/29

Cramer's performance does not seem to justify all the attention given him by Seeking Alpha.

Jim Cramer's Mad Money In-Depth Stock Picks 6/29

Regarding another report on Cramer's picks: The study issued for the '05 period as reported to Seeking Alpha is valid. A fast trader can make some profit for some few days later but then the gains get wiped out and reverse. I posted my study of about one month time period after 40 Cramer picks in early '06. After one month Cramer's picks did worse than the overall markets. These poor results by Cramer could add to the many scams sent to Seeking Java??? SA should be smart enough to determine if there is a relationship.