Nose Dalton

RIO's Rising - Cramer's Lightning Round (6/9/08)

I agree!! I bought more AAPL at 178 while his flock were selling. AAPL has more cash than anyone but MSFT. They are firing on all cylinders with computers, music and phones going into 70 countries. They are the top retailer in the world. Is it possible to find a better company in which to securely invest your money? Year over year/quarter after quarter they continue to improve their sales and profits, and he says sell. This is the worst time of the year for stocks, and AAPL is very close to an all time high.
Imagine the Fall buying season and Christmas................
Jack


On Jun 10 11:14 AM rmo wrote:

> I have witness Jim Cramer being wrong a lot in his positions in stocks.
> What I resent is his lack of integrity in the process of doing so.
> Yesterday, he was disparately maintaining his counter intuitive call
> to sell-off all but twenty-five percent of ones position after the
> announcement of Apple's iPhone. For all those would-be-defenders
> of Cramer, watch the stock climb despite his call and let me know
> when this little man concedes he was wrong. I'm very comfortable
> with the notion he won't because he's done this many times over and
> never admits it or apologizes for it. Yes, in a very strategic move
> he admits a few missteps regarding a handful of small plays with
> a throwaway excuse. But this is Apple trading on the NASDAQ, not
> a stock no ones ever heard of. He's a gimmick. In short, a hack
> without integrity costing people a lot of money. But don't get mad
> at me for pointing it out, get back to me when this individual admits
> he was wrong. How many of his viewers watched his show and traded
> Apple the was he suggested. Was he right? Or was it another bad
> call causing you to miss a bigger investment. I'm thinking it's
> the later.