03-13-2009, 01:48 PM
|
#6 (permalink)
|
|
Retired admin
Join Date: Dec 2008
Location: Winterfell
Posts: 106,613
Drives: Your Wife Crazy
Rep Power: 0
|
Quote:
Originally Posted by SoCal 370Z
To make money on the market you must to be connected on the inside, period; if not, you are at the mercy of others. It has to be the biggest oxymoron in the financial world throughout history as there has been no regulation that can successfully break this system based on ethics. Unfortunately, that game has ended, as the average investor would rather put their money under their mattress. Cramer has admitted to manipulating the market to his advantage, but to do so requires about $10M plus.
|
No one should be listening to financial advice from people on TV, whether it be Cramer or not. Cramer makes millions, and it's not off his TV show. Cramer doesn't have our best interests at heart, he has his own. And if he buys some low stock, then touts is as being great on his show, profits go up by 10%+ and he makes money. Are stocks competing with his stocks? A bad word from him drops the competition.
|
|
|
Similar Threads
Threaded Mode
