zyzzyva57
03-05-2006, 09:27 AM
Okay, you just got hooked on Cramer. W-wow, you have your Scottrade set up. Now, you are ready to sit back and pick off the winners. Before you give up your day job at your neighborhood salt mine, remember the following:
“Capstoning—Last summer when I began to watch Cramer and decided I wanted to participate in “Mad Money,” I bought into Capstone, because almost nightly Cramer pushed it. I learned a lot right off: don’t buy high to have to sell low (not as an easy dah-h as it may seem) :). I rode this falling knife down and down before I caught onto the “catching a falling knife” and NOT holding on to a loser. Cramer most resent "Capstoning: was with Sirius and to a large extent Google. Listening to him you would have bought into Google around $300 dollars to see the stock reach $425+. He “Capstoned” Google while the stock settled in on the $350 jiggle spot and you held on to see your profits evaporate.
“ViriSigning”—What a great company ViriSign (vrsn)! You have to register dot com and dot net with this company and pay it $6 a month royality. Good metrics. How could this company lose?! It can’t, so it flat lines forever. His Best of Breeds usually do this, e.g., MicroSoft is an example of “VeriSigning.” (Cramer likes to hide behind Best of Breed as a filler material, because you neither win nor lose. Sure, over the slow ooze of things, these stocks will ooze up over the years, but why not just buy a good mutual fund?)
“Ayti’ing”—is a winner call, because he gives you PRECISE date to dump out. Ayti (stock symbol) made the main chip of the xBox. Cramer said dump out the day after the xBox introduction—Great gambles when he gives you a date.
“Rhoe’ing” (OccuLogix Inc) is the opposite of “ayti’ing.” Cramer finds a great cheap drug company whose success depends upon a drug passing Phase III Clinical Trials, which is ALMOST assured—but rhoe proved this may not happen. See, these drug gambles are dangerous. You cannot establish when the test results will be announced, so you cannot set up a Trailing Stop to sell if there is bad news which could come at anytime, say while you are toiling in the salt mine. Ergo, beware his small company drug picks based on Phase Three Clinical Trials of a particular drug.
Good luck
“Capstoning—Last summer when I began to watch Cramer and decided I wanted to participate in “Mad Money,” I bought into Capstone, because almost nightly Cramer pushed it. I learned a lot right off: don’t buy high to have to sell low (not as an easy dah-h as it may seem) :). I rode this falling knife down and down before I caught onto the “catching a falling knife” and NOT holding on to a loser. Cramer most resent "Capstoning: was with Sirius and to a large extent Google. Listening to him you would have bought into Google around $300 dollars to see the stock reach $425+. He “Capstoned” Google while the stock settled in on the $350 jiggle spot and you held on to see your profits evaporate.
“ViriSigning”—What a great company ViriSign (vrsn)! You have to register dot com and dot net with this company and pay it $6 a month royality. Good metrics. How could this company lose?! It can’t, so it flat lines forever. His Best of Breeds usually do this, e.g., MicroSoft is an example of “VeriSigning.” (Cramer likes to hide behind Best of Breed as a filler material, because you neither win nor lose. Sure, over the slow ooze of things, these stocks will ooze up over the years, but why not just buy a good mutual fund?)
“Ayti’ing”—is a winner call, because he gives you PRECISE date to dump out. Ayti (stock symbol) made the main chip of the xBox. Cramer said dump out the day after the xBox introduction—Great gambles when he gives you a date.
“Rhoe’ing” (OccuLogix Inc) is the opposite of “ayti’ing.” Cramer finds a great cheap drug company whose success depends upon a drug passing Phase III Clinical Trials, which is ALMOST assured—but rhoe proved this may not happen. See, these drug gambles are dangerous. You cannot establish when the test results will be announced, so you cannot set up a Trailing Stop to sell if there is bad news which could come at anytime, say while you are toiling in the salt mine. Ergo, beware his small company drug picks based on Phase Three Clinical Trials of a particular drug.
Good luck