Daryan

Cramer Does It Again with CIT Call

I am curious...since Jim was saying that CIT could be the beneficiary of the "new program" as you inidicate in the article, and the said program hasn't and at this point probably isn't coming to fruition, how is it that you are calling him irresponsible for making this call? It would seem to me that the call was indeed correct if the program had been instiuted as it was originally described. However, simnce the plan never materialized, how is he to be held accountable for the pick and his thesis?

Knock Cramer all you want, it seems to be the popular thing to do day in day out amongst investors on the internet. That said, if he only has encouraged one person to begin an investing program that they otherwise would not have, then I think he has accomplished more than most of those running their mouths on here.

I am no Cramer apologist, but it bothers me when I see folks bashing someone who clearly has one of the biggest hearts and has done more to educate the average investor than anyone I have observed in the financial media. His delivery is designed to entertain, and he usually has strong fundamental ideas behind his calls. My advice, show me your track record of picking upwards of 4 stocks each and every day, helping the uneducated to dev elop investment plans, and to further the financial savvy of the financial illiterate before running your mouth about someone you do not know, nor understand.