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5 Possible Picks in a Tumultuous Market [View article]
At any rate, knowing when to exit a stock is as important as when and what to buy. If Cramer has a failing, it is that he doesn't tell the listeners where to place their stops. In this whacky market, buying is riskier than normal if you don't get out at the right time. As a positive, he is entertaining, he talks about concepts that most average people never learn anywhere else, and he gets people interested in the market. How bad can that be?
jegan ;-)
Oh yeah.... RICK is quite an interesting stock .. I'd be looking at buying more in the $8.00 range as that seems to be the next support as it falls. But the business model is quite something.. High end strip clubs in areas where men are expected to enjoy naked women unlike California for example... And he really does hire some gorgeous ladies. His locations in Texas were very busy when I was down there.