Nothing To Ship - Cramer's Stop Trading! (10/22/08) [View article]
There's no rhyme or reason for the share price of anything these days. A railroad sees a decline in traffic of what? 5%? 10%? And suddenly "they're shipping nothing". What BS. Cramer is full of hot air. I used to hold Woodward Governor (WGOV), but I pushed the button and sold a while back because their PE was just getting too high. A few days later Cramer gets on and hawks them to the moon. They get about a 15% bump (I kick myself for selling a week too early). Of course, 2 weeks later they're back where they were when I sold, and now of course the stock is 20% cheaper.
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There's no rhyme or reason for the share price of anything these days. A railroad sees a decline in traffic of what? 5%? 10%? And suddenly "they're shipping nothing". What BS. Cramer is full of hot air. I used to hold Woodward Governor (WGOV), but I pushed the button and sold a while back because their PE was just getting too high. A few days later Cramer gets on and hawks them to the moon. They get about a 15% bump (I kick myself for selling a week too early). Of course, 2 weeks later they're back where they were when I sold, and now of course the stock is 20% cheaper.
Oct 23 08:54 am
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All Comments by CT Programmer »Nothing To Ship - Cramer's Stop Trading! (10/22/08) [View article]