freddie

Cramer's Stop Trading! The Good Dividend Cut (2/27/09)

Anyone who acts on anything Cramer says is a fool. I tune in every so often, and record his "recommendations" and then track them. Oh, his poor "Charitable Trust." In mid-Dec, he touted MAS, kissed the CEO's ass, said the P/S guaranteed the "accidental" high dividend, "BUY, BUY, BUY". Then a week or so back, someone called in to ask about his recommendation now that MAS tanked and cut its dividend, and Cramer claimed he recommended a sell in Dec.!!!!!! and then cut the guy off.

The only honest and appropriate recommendation I have heard from the guy was when a retiree called in to tell Cramer he just received a big disbursement from his folding retirement fund, and asked for stock advice. Cramer told him he didn't belong in the market, and told him to get a CD. Then he said, "I can't believe it, did I just recommend a CD." Yeah, you did Cramer, you finally made a proper and prudent recommendation to a retiree. "Class Warefare"!!!, it has been conducted against the working and middle classes for decades, and this con artist, shill and entertainer dares to defend banksters who still are running the show!!!!