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Cramer's Bad Call On Dendreon: Real World vs. Television

Derek,
Your "Buy! Sell! Shout! Moan!" article, reproduced here as "Cramer's Bad Call...", is disingenuous at best. I've been watching his show for a year now, and once you get past the "entertainment factor", his approach makes more sense than anyone else's has in years. Many of his rules are not new, some are "controversial", but his overall portfolio record bears his successes out.

Arguing against his thinking on DNDN, BCRX, BCTE, or whatever is fair game. Picking out one of his "bad" calls and leveling the attack of "picking stocks based on listening to Jim Cramer yell about them is a fool's game" is just wrong-headed. He's not always going to be right, but he's been right more than most, perhaps you, even. It's his methods that you need to listen to, not necessarily his picks. Anyone who buys a stock the day he mentions it instead of waiting for a good entry point (unless he says otherwise), and then doesn't do the homework to figure out why it's a trade or investment is just asking for trouble.

I've learned more useful things from Cramer in the past year (and have made more money) than from any other source in my 44 years of life. Yes, he <em>will</em&... get many calls wrong, but he will get many more right because of the way he approaches trades and investments. I have profits from following his advice to prove it, but I guess you'd dispute that as well.