Why should the SEC get involved? If you are stupid enough to buy/sell stocks based on a 30 minute TV show broadcast by a guy you have never met and yells "Booyah" constantly...then you get what you deserve. I don't blame Cramer at all for the masses of sheep that buy and then lose. The strong survive and the weak don't. If you aren't willing to educate YOURSELF then you are left as a helpless pawn in the game called Wall Street.
I haven't watched Cramer in years, but there is no doubting his ability to make money. He is easily worth eight to nine figures and did it on his own (albeit with questionable methods according to the book "Trading with the Enemy"). He is an entertainer now. To take him as anything else puts you in the dumba$$ categoty. Just sayin.
Cramer Does It Again with CIT Call [View article]
I haven't watched Cramer in years, but there is no doubting his ability to make money. He is easily worth eight to nine figures and did it on his own (albeit with questionable methods according to the book "Trading with the Enemy"). He is an entertainer now. To take him as anything else puts you in the dumba$$ categoty. Just sayin.