They are showing a recorded episode of Mad Money with Jim Cramer on CNBC. I have never seen Mad Money before. I am a complete amatuer investor and I am not sure about Jim Cramer. Cramer talks a lot about trading, and from everything I have read, trading is a losing game, unless you are a brokerage firm, and making lots of commissions. Yeah, you might make money buying low, and selling a little higher, but then you have to factor in the commissions, then factor in the taxes which is at a higher rate than if you held it for a longer term. Then if you make alot of trades, you have to account for EVERY trade at the end of the year. If I buy a stock, and it grows, and it grows, I don’t have to pay any taxes on it until I sell it, and then I am paying a lower tax rate. At least Jim Cramer is talking about diversification.
Everytime I call 800-743-cnbc I get a busy signal, and if I do get thru, I get a recording that his mail box is full and cannot take anymore calls. I just want to ask buy sell or hold on Lucent. Thanks Phyllis
Comment by phyllis winters — April 5, 2005 @ 7:29 am
coal is an alternative for rising oil prices, utilities
use more coal now, why jim are you negative on coal?
Comment by warren — April 6, 2005 @ 11:14 am
Rob-
If you want to follow Cramer over time I’m going to be tracking his picks on a daily basis. Once I get a recorded history I’ll begin to analysze his recommendations.
Comment by BA — April 14, 2005 @ 1:58 am
It would be interesting to see a record of his lightning round picks. He really only gives buy/sell recommends. He’s got a 50/50 chance of being right. And what exactly is right? If one stock goes up a little, is that a right choice? What if a stock goes down after the recommend, but goes up some a year later. Is that a good choice?
Comment by Rob — April 14, 2005 @ 5:41 am
Rob-
That’s what is going to be most difficult to track. I believe that after listening to the guy for long enough it becomes more apparent which ones he is really excited about and which picks he is okay with someone owning. I’ll be tracking the picks on a one week, one month, three month basis… One of the benefits of him talking every day on these stocks is that it’ll become obvious when his mind changes.
Comment by BA — April 14, 2005 @ 10:13 am
Newbie here….
I’ve quickly become addicted to Cramer’s new show. I was disappointed when he left kudlow and cramer but am glad he’s on his own show now. Obviously you should do your own research on his picks and not immediately buy the stock when everyone is bidding it up 2 seconds after the words leave his mouth. Let it settle down for at least a day.
Of course you have valid points regarding commissions, taxes etc. but consider the difference in cap gains tax. In my case the difference is 10% (25%-15%).
For instance, a 12% gain on a $10,000 investment ($1200 gain) costs $180 in long term cap gains tax which gives you an after tax gain of $1020. To end up with the same gain ($1020) after paying short term cap gains tax, you need a before tax return of 13.6%.
By sticking with quality stocks in sectors that a right for this market, I’m confident that I can make up the 1.6% difference. How? by selling stocks when they’ve had a quick short-term run up and reinvesting that cash into another quality stock that I expect to have a quick run up in price. I’m have apx 8-10 positions at all times and will stay as close to 100% invested in equities as possible.
In this “season” people are going to be quick to sell off after positive news/earnings/etc.
As for commissions, check out interactive brokers - penny per share with only a $1 minimum per trade and $2000 account balance minimum.
Comment by Jeremy — April 21, 2005 @ 3:09 pm
4/25/05 - 10 am -I’d like to know why Vlo only went up about $ 4 while pco went up over $ 14
I ‘m fairly new to the market ( a few monnths)not sure I understand why the purchasing co. doesn’t get a bigger increase in the market
Comment by Linda — April 25, 2005 @ 9:11 am
We have held ALD for a long time and are pleased with it and the dividend it pays. But it has signs of being a bad investment according to some of the coments we hear, like not holding a stock that pays a higher dividend than it’s EPA. Comments please. Thank you.
Comment by BRENDA FORD — April 26, 2005 @ 3:44 pm
I own shares of Altair nanotechnology (ALTI). I know the shares are risky, but do you see a future in the technology? Thank you
Comment by Cynthia McDonald — April 27, 2005 @ 8:29 am
I have been a faithful viewer of this show, and enjoy it. I have not been successful, however. I had several oil stocks, and decided to sell two in order to be diversified, according to Jim’s advice. I bought his “pick of the weeks”, Apple and United Health. Those stocks have gone consistently down since my purchase, while I lost out on Premcor’s great run, which I sold to diversify.
Losing in Louisiana
Comment by Kathi — April 27, 2005 @ 9:38 am
I WOULD LIKE TO KNOW CRAMER’S OPPINION ON REGENEREX (RGN)
Comment by phyllis — April 28, 2005 @ 11:01 am
Geez, I looked at this RGN. There is no volume. Simply purchasing some, you would become the market, and radically alter the price. With such a low volume, it is probably not very liquid. Why do you want to mess with these penny stocks anyway? Buy some nice solid growth stocks, and hold em. Trading stocks only makes the brokers rich.
Comment by Rob — April 28, 2005 @ 1:03 pm
I am tired of the criminal traders in the brokerage firm destroying the market and the economy. We need to go purely electronic and take these jerks out. First they’re worried about oil, then they’re not. Then it’s interest rates, then it’s not. Then it’s inflation, then it’s not. Then it’s the GDP today. Tomorrow the GDP will not matter. These jerks are manipulating the market and robbing the American public.
Comment by Mark — April 28, 2005 @ 1:51 pm
what do you think about Penn national racing company penn.
Comment by mike del borrello — April 28, 2005 @ 5:50 pm
Do you mean Penn National Gaming? (PENN). Seems to have decent number from what I can tell. If you like that stock, you might find the Vice Fund (VICEX) interesting.
Comment by Rob — April 28, 2005 @ 6:06 pm
I would like Kramer’s opinion on Diageo (DEO) and Vodaphone (VOD).
Comment by Mike — May 2, 2005 @ 8:20 pm
Questions: Buy, hold or sell. LU-Lucent, DIS-Disney and GME-Gamestop. Thanks
Comment by M. MCLENIGAN — May 2, 2005 @ 8:47 pm
Do you think it would be better to buy COP now or after the stock split.
Comment by Pat McCombs — May 4, 2005 @ 9:40 am
Just from past experience from when my company used to do stock splits, the stock would often jump up immediately following the split. So I think it would be better to buy before the split if you were planning on buying it. I am not an expert though.
Comment by Rob — May 4, 2005 @ 1:32 pm
I would like to know what Jim thinks about Cobalis Corp.
They are wrapping up Phase III testing and history looks great.
Comment by John — May 4, 2005 @ 5:34 pm
Cobalis Corp. What do you think?
(correct e-mail)
Comment by John — May 4, 2005 @ 5:38 pm
NFI………..What’s the deal with this company paying such high dividends?
Thanks,
Steve
Comment by Steve — May 5, 2005 @ 3:04 pm
What do you think of Connoco Philips?
Buy Sell or hold
Comment by Tom Marrella — May 6, 2005 @ 10:07 am
For you Jim Cramer fans, I put up a page with books by Jim Cramer. The page is at:
http://www.zero2rich.com/books/jim-cramer-books-1.html
Comment by Rob — May 6, 2005 @ 4:55 pm
Jim Cramer is very dangerous for beginning investors! Remember,he’s a trader at heart. If you watch his show he flip flops from day to day. This can cause consistent losses if you try to chase his picks, especially with limited investment capital.
I like his insight on sectors and “street” practices though.
I’m an ex-”action Alerts Plus” member and his portfolio is not that impressive. Since Jan 1 2002 his total average return is 10.62%. Jim Jubak on MSN blows that away. For 2005, Jim’s portfolio is -2.55%. You’d never guess that from listening to him.
I think the other problem is that he speaks with such passion that people confuse that for correctness.
Please remember to control your losses.
Comment by steve w — May 6, 2005 @ 11:08 pm
One thing is for sure he was correct on Goog, I purchased the options and they are up over 500%. It will be interesting to see how high that stock goes and if he is driving the stock higher.
Comment by HB — May 7, 2005 @ 9:55 am
I am looking at Ez2companies. I would like to know what Jim thinks about it. Symbol Ezto. The company has huge potential, some people speculate Yahoo potential?
Comment by Paulie G — May 10, 2005 @ 7:28 am
If you want to believe nothing ever changes, read “Where are the Customer’s Yachts” a book written in 1940 by Fred Schmer http://www.amazon.com/exec/obidos/ASIN/0471119784/ref=nosim/zerotorich1-20
that should be required reading for all investors.
Kramer reminds me of a broker I fired years ago-buy this, sell that-it’s not their risk; they get paid whether you win or lose!
Comment by tom h — May 10, 2005 @ 3:55 pm
I wish Cramer would have asked Barry Diller about his activities at Sunbeam that got him dismissed instead of kissing up to him so blatently. Chainsaw Diller derserves no respect. He is a hatchet man noted for mass firings and booking sales before they occur.
A couple of weeks ago Cramer said buy Yellow, yesterday he said sell it this morning it’s up! Most of his picks seem to go down. He may very well become a contraian indicator.
Comment by Rudy Wachtler — May 11, 2005 @ 8:45 am
LAST NIGHT JIM SPOKE ABOUT ADSX I GOT
THE VERY LAST PART OF IT BUT I DIDNT HEAR
WHAT HE HAD TO SAY ABOUT. COULD I GET
THE REPEAT OF IT? IVE HAD THIS STOCK FOR
QUITE AWHILE.
THANK YOU
Comment by LARRY HAIGH — May 12, 2005 @ 3:40 pm
Jim:
Addicted to your show . . what do you think about HOLX?
Sue B., Libertyville, Il.
Comment by Susan Burmeister — May 13, 2005 @ 5:01 pm
Jim: Suggestion:
Watch your show. Very interesting.
Why don’t you tell us what your are going to buy the day before you buy? The same for selling.
Why don’t you post your portfolio on your show so we can see what has gone up or down by percentage?
Thanks, Jim
Comment by Jim V.W. — May 14, 2005 @ 9:53 am
I have not been responded to regarding ezto. I was wondering if I missed the information…could I please be emailed because I haven’t been responded to as of yet. Thanks!
Comment by Paulie G — May 16, 2005 @ 12:02 pm
upon your recommmendations i purchased 5000 shares of CMGI at $1.80.BUT IT NOW SEEMS THAT THIS STOCK NEEDS PADDLES.WHAT DO YOU THINK I SHOULD DO.BUY MORE, HOLD OR SELL.
LET ME TELL YOU THAT I LOVE YOUR SHOW. I AM AN ADDICT AND MAKE IT A RITUAL TO SEE IT EVERYDAY. THANKS.
Comment by adrian d’ silva — May 17, 2005 @ 9:12 am
FISV Fiserv:43.13, 12 month target?
Comment by Krazy Kowboy — May 20, 2005 @ 10:15 pm
Everytime I call I get voicemail, but mailbox is full. I have two questions for Jim. Sell or hold on Cendant corporation. And how long does it usually take before I start making money as a registered representative? I just got my series 7, and I am wondering if I have the wrong job?!
Comment by Andrew Makoski — May 24, 2005 @ 2:06 am
oil will run out there’s only so much on earth-GOLD!, appl needs another ipod and lets hope the Asia Pac banks keep US dollars!! where is wellstone filters going people need to smoke in a market like this, and Warren got the right idea their going to need a drink too!!
Comment by Nick — May 26, 2005 @ 5:36 pm
JIM: SUGGESTION I’M A NEW TRADER WITH ETRADE, I’VE GOT $5000.00 WHAT WOULD YOU RECOMMEND DOING WITH IT. THANKS, JAMES
Comment by JAMES JOHNSON — May 27, 2005 @ 12:28 am
Jim,
What is your opinion on Nomad International (NDIN)?
Comment by James Williams — May 31, 2005 @ 9:54 am
Tell me about the Mexican home builder?
Comment by What does Jim think about HOMEX — June 2, 2005 @ 4:02 pm
BOOM - buy sell or short?
Comment by jeff griffiths — June 2, 2005 @ 5:32 pm
Hi Jim Can I get Email for your evening show. Or tel.# , What do You think of RHAT I shorted it on comments in Barrons. Thank You.
Comment by John Trainello — June 3, 2005 @ 12:57 pm
hay jim whats up do you still think goog is going to go up and how much (grat show man)
Comment by prince James — June 3, 2005 @ 5:42 pm
Jim: what is your opinion on BEA Systems?
Georgina
Comment by Georgina Peyer — June 6, 2005 @ 3:53 pm
would you please give your comments on the
exchange-traded funds on your show tonight.
am thinking of changing some investments to those…and in particular healthcare or energy.
spdr exchange-traded funds is what I was going to use. Love to hear your thoughts. Really enjoy your show.
Comment by suzanne — June 6, 2005 @ 4:02 pm
Jim, talk to us today about Sears Holding. I’m interested even though I sold out today. I still want to hear your explanation.
Comment by Carolyn Smith — June 7, 2005 @ 4:40 pm
everytime I call I getr a leave message in the mail box and that mail box is always full.
I have 200 shares of Nextel partners NXTP, I bought at $13.00 a share, should I buy more or is this stock over rated?
Was thinking of buys 500 more shares!
Comment by Lou Theodore — June 7, 2005 @ 5:44 pm
jim, what should i do with MOGN buy, sell, or hold. thanks,
Comment by jim from illinois — June 8, 2005 @ 12:05 pm
Jim - you missed quite a few Defense stocks yesterday. Sure ATK makes a lot of the ammunition and probably gets a lion share of the $1.5B for ammunition out of the Army. But you missed out on the following:
Stewart Stevens - new trucks probably $12B
Oshkosh Truck - bigger trucks $1-2B
Freightliner - line trucks
Litton/ITT/General Dynamics - radios and night vision
Comment by Mike — June 10, 2005 @ 12:01 pm
Cramer,
In you commentary on Abilify, You need to do more research on the efficacy of the drug you are giving advice on. As a mental health professional who works with clients who have tried and failed trials of Abilify only to be returned to Zyprexa to control their symptoms.
Abilify’s popularity is soley based on the fact that it is the newest atypical anti-psychotic not the most effective.
If you look at the percentages for similar drugs example Geodone you will see that it initially was a large seller then dropped as efficacy was established. Bristal-Meyers predictions are more in line with the market than your predictions because they have the empirical data to make realistic expectation of the product.
I normally do not watch you program but my husband is a fan. When you talk about an issue that requires more than just a cursery look at the issue you don’t have all the information you need or understand the total dynamic. If you want an atypical anti-psychotic that is highly effective stay with Zyprexia, Clozaril.
Comment by Nancy H — June 10, 2005 @ 8:21 pm
Kramer beats any stand-up comic I have ever seen. The whole shtick with the handkerchief he uses to wipe his brow AND blow his nose, too, WTF? If you met him, would you really want to shake his hand? Of course you would, because you’d just come from the grocery store, where you’d placed your vegetables and fruit in a basket that some infant child had just crapped in when his mom placed him there to go grocery shopping. Or, because you’d just put gas in your car, where you wrapped your hand around a nozzle previously held be some fella who’d been scratching the crack of his butt all day. Or, worse still, maybe you’d just swaped coins or cash with the cashier at a convenience store, and the guy has some insidious, contagious disease. OR MAYBE YOU’D USED AN ATM TOUCHED BY SOMEONE WHO VOTES FOR DEMOCRATS!
Anyway you cut it, we’re all swimin’ in enough germs and filth and smegma and sludge, and neither the snot from Jim’s nose nor the sweat from Jim’s shining melon-head is gonna hurt anybody.
Yesterday, some ring-ding caller told Jim he’s the “Tony Soprano of stocks”; what a load! (Kramer, as far as I know, is anti-2nd amendment; he is against private gun-ownership.)
Then again, I suppose Soprano could make-do with a Taser (but TASR is no good).
And the way he stampede’s about the studio, like some hound who has just snorted a few lines of Colombian marching powder, Jim is a riot.
I love the show.
But I’d never buy or sell anything per Kramer’s advice.
Comment by kenny — June 11, 2005 @ 3:07 pm
Could you give me some advice on a fax I received from Rotoblock Corp. How can you tell if it is real stock you can purchase or if it is a scam?
ROTB
Comment by Michelle Proudlock — June 13, 2005 @ 1:57 pm
What is your opinion of JKFC. I read that they keep getting contracts but the stock continues to go down.
Comment by Duane — June 14, 2005 @ 2:24 pm
I have owned NYB (NY Community Bank) for several years from the time it went public It has split several times but has been sitting in a downward slump for more than a year. The stock offers nice dividends 4x a year, BUT, it’s just sitting there. Is it time to sell???? thanks
Comment by Marion Wilson — June 14, 2005 @ 2:49 pm
seems like alot of the ppl here are on something…why are people addressing their comments to jim cramer? if u want to speak to him call his show, he doesn’t read this blog…
Comment by Keyser — June 14, 2005 @ 3:58 pm
any info on any varian
Comment by scott — June 14, 2005 @ 5:26 pm
Is Broadvision a good long term buy at $1.17. Does it show signs of every being able to rebound.
Comment by Michael Harrington — June 15, 2005 @ 11:15 am
How do I send Jim an Email regarding a stock selection?
Comment by Walter Calahan — June 16, 2005 @ 1:23 pm
Jim,
What can you tell me about:
Optionetics, and its founder, George Fontenills.
I attended a warming up seminar about optionetics in Brookfield, Wi. However, at the conclusion of the seminar, the great news of what it will cost to attend Fontenills 2 day class on learning options floored me. $4,495.00
Thanks,
Jerry
Comment by Jerry J. Backes — June 17, 2005 @ 1:40 pm
jim was so high on a stock whose name slipped by me. i believe he mentionrd it on june 16 or 17. it was selling for 7.02 and he said it had moved 75 cents since he last spoke of it. it was called something or other WORKS but cant remember the somethig or other part. could you please help me.
Comment by elliot — June 19, 2005 @ 1:36 am
wondering what the answer was to june 13 request for info regarding “ROTB”. i also received the fax. Real or scam???
thank you
joy
Comment by joy — June 20, 2005 @ 2:43 pm
elliot- The name of the stock at 7 is skyworks solutions. SWKS. Hope that helps, that is the one he mentioned.
bridget
Comment by bridget — June 21, 2005 @ 9:38 am
IS COVD(COVAD COMMUNICATIONS) A GOOD BUY AT $1.30 . DO YOU THINK THERE IS SOME JUICE LEFT IN THIS STOCK.
Comment by ADRIAN D’SILVA — June 21, 2005 @ 10:51 am
Should I sell STO, I bought it at below $8.00
Comment by Margrethe Gjerde — June 21, 2005 @ 8:38 pm
Jim; I sold
cisco when you didn’t like it. Now it’s gone up and you like it. I can’t afford to buy it back again. I feel like you’re playing russian roulette.
Please advise.
Comment by Elisabeth — June 22, 2005 @ 9:01 pm
Is TWX a good buy?
Comment by dave ramlall — June 23, 2005 @ 11:45 am
Thank you Jim, for being a TOP Instructor on the stock market. Cisco, is great. Anyhting that says it stops a hangover IS WRONG! Drinking causes a hangover an it is a physical condition, not to be stopped, hear me out on this one lad. I do not drink.
Comment by Tim McIlhiny — June 24, 2005 @ 5:47 pm
BOOYA Jim
I bought some TWX at $17.42 on your recommendation that the deal with cablevision was going to push the stock at $25.00 and it went down today at $17.10. Is that deal with cablevision gonna go through because we don’t hear anything about it anymore.
Thanks.
P.S. By the way, why don’t you try to get your show on before the market’s closing bell, this way the stock that you recommend, won’t have time to have such a big price gap by the following 9:30 am bell.
Comment by Pietro Lepore — June 24, 2005 @ 8:09 pm
Can anyone tell my the stock or most of the stocks that Cramer suggested on the lightning round on June 24, 2005
Comment by Allison — June 25, 2005 @ 12:30 pm
is Jim’s strategy for long term investment or short and if short how short. And when do I sell, does he say in the web site. Love Jim’s attitude, I’m tire of 3 and 4% gain in two years/
Comment by chuck smith — June 26, 2005 @ 9:06 pm
I just need your opinion on Lion’s Gate Films(LGF),Jim.I need to know if I should sell my shares or hold on to them.I thank you for your valued input.I think you have a fantastic show.
Comment by Robert Scott Miller Jr. — June 28, 2005 @ 8:11 am
Hi I want to know about xmsr and siri I have them should I hold or sell them .
Thanks Pompa
Austin Texas
Comment by Pompa Mazumdar — June 29, 2005 @ 8:48 am
I switched from Yahoo to Ebay based on your comments. Will Ebay come back?
Comment by Marilynn Barber — June 29, 2005 @ 12:47 pm
If you invest based on what he says your a fool…
Buy JDSU…
Comment by Brian — June 29, 2005 @ 4:23 pm
Hey Jim. What happened to the Lightning round?
That’s the best part of the show.
Why was is dropped without a “word” from you about why????
Thanks, Nyda
Comment by Nyda Dillberg — July 3, 2005 @ 1:35 pm
Jim said to dump Verizon-okay he adamantly said to dump Verizon-but I’m not sure where to go if I sell. I own Intel–should I put the money in Google? I have stock in other sectors also.
Comment by judy koenders — July 5, 2005 @ 11:41 am
Hey Jim, Why have you changed the format of your show? All of these “special editions”? Are you on vacation and all of these shows are pre-recorded? I hope you will go back to the former format, I liked it so much better! At least you should let us know what happened?
Comment by Cheryl Zwart — July 5, 2005 @ 6:03 pm
My family was in the market in the twenties and I grew up on the market. As an oldtimer I can offer a few basic ideas that worked and that I’ve lived by
1. In the first instance you want to avoid losing money. You will earn money after you’ve given the this precept the number 1 spot in your thinking. Don’t invest in the latest “hot” stock.
2. Don’t be mesmerized by the idea of day traders, Gordon Gekko, etc. Get rich slowly but steadily. Brokerage houses, on the other hand want you to trade frequently. That will only cost you.
3. Study individual stocks and look for quality. Buy on weakness. Buy what you know. A J&J is worth multiples of some startup.
4.Applying the above consistently, time will make you money.
Linda
Comment by Linda — July 12, 2005 @ 5:09 pm
What does everyone think about Delta Air Lines?
-John
Comment by John F. — July 12, 2005 @ 6:16 pm
I think Delta Airlines is a bit risky for my taste, but there are definitely gains to be made. Bottom line is that Delta will be extended bankruptcy protection from the Feds so things will turn around. That’s the catalyst that could boost the stock. However, I don’t own stock and don’t have the stomach to handle the risk. If I did, I would go for the high yield DNT.
Comment by R Keen — July 20, 2005 @ 2:06 am
Would you please let me know the source of the information that you used a couple of weeks ago when you made such an impassioned pitch for Sepracor? I have followed this stock for several years and I truly believe in the work that they do.
When I see what has happened to the stock in the past week I am dumbfounded. How could so many “analyists” speak in glowing words about Lunesta and none of them have any research to report on Takeda and their drug Regeneren? The first time I have even seen the drug mentioned was 3 days before the FDA gave them approval. I have not seen any data on the drug, but I was amazed that the FDA would give an approval “so quickly” when the FDA did everything in their power to slow down the approval for Lunesta. They asked Sepracor for a new study that did nothing to change any of the data that they already had in the file. This cost Sepracor at least a year of time to market and then Takeda gets approval before any of the really smart pundets knew it was on the horizon. Where were you and your buddies?
Comment by mason stout — July 28, 2005 @ 10:07 am
Jim,
What do you think of GTI??
Comment by frank schoch — August 1, 2005 @ 6:09 pm
Interesting note-watched re-run on”boomer stocks” last week and watched the after hours trades by viewers not aware it was a rerun. I think Cramer’s a smart guy but if you invest your hard to come by money everytime a ticker symbol comes out of his mouth….
Comment by tony tad — September 3, 2005 @ 9:41 pm
I heard you say, you’re sick of Cendant. We missed why you said it. What is your position on Cendant?
Comment by Tom De Marti — December 14, 2005 @ 2:39 am
Kewl blog you got goin on up here.
Peace, JiggyWittit
Comment by JiggyWittit — March 6, 2006 @ 12:13 pm