TAMR666

Cramer's Lightning Round - The Most Dangerous Stock for 2009 (12/23/08)

YOU HAVE A BETTER PROSPECTIVE ON THESE STOCKS THAN CRAMER. I"


On Dec 25 08:37 AM long_on_oil wrote:

> I record and watch Mad Money daily and Cramer has recommended several
> stocks that have done well, but in an up market that is easy for
> anyone to do. I bought NOV, COP and RIG all on his recommendations.
> As a viewer you have to remember one thing, it is your responsibility
> to sell at the right time too. You never make money by buying, you
> make your money selling. That is where Cramer is lacking. He is quick
> to recommend buying but to slow on the sell side.
> NOV and RIG both pulled back 25% before he finally said to sell or
> take some off the table. Then again, to his credit, oil fell so fast
> it caught everyone by surprise. I wish I knew the stats but I bet
> more people have lost money taking his advise than have made money.
>
> Cramer is probably right on NOV but as an investor, not a trader,
> your mission is to buy low and sell high. NOV has an upside down
> ratio of about 9:1 right now and they are a great company making
> a product that has a fantastic future. My prediction is if you buy
> NOV at $22 you will make more money within 5 years than any other
> stock Cramer recommends next week.
> If you do buy NOV at $22 you have to sell half when it hits $60 and
> the other half when it hits $85. Never forget, it is the sell that
> makes you money, not the buy.M LOADING UP ON NOV @22,SLB BELOW 40 AND NE IN THE TWENTIES.


On Dec 25 08:37 AM long_on_oil wrote:

> I record and watch Mad Money daily and Cramer has recommended several
> stocks that have done well, but in an up market that is easy for
> anyone to do. I bought NOV, COP and RIG all on his recommendations.
> As a viewer you have to remember one thing, it is your responsibility
> to sell at the right time too. You never make money by buying, you
> make your money selling. That is where Cramer is lacking. He is quick
> to recommend buying but to slow on the sell side.
> NOV and RIG both pulled back 25% before he finally said to sell or
> take some off the table. Then again, to his credit, oil fell so fast
> it caught everyone by surprise. I wish I knew the stats but I bet
> more people have lost money taking his advise than have made money.
>
> Cramer is probably right on NOV but as an investor, not a trader,
> your mission is to buy low and sell high. NOV has an upside down
> ratio of about 9:1 right now and they are a great company making
> a product that has a fantastic future. My prediction is if you buy
> NOV at $22 you will make more money within 5 years than any other
> stock Cramer recommends next week.
> If you do buy NOV at $22 you have to sell half when it hits $60 and
> the other half when it hits $85. Never forget, it is the sell that
> makes you money, not the buy.