Cramer's pumps losing their punch ?

[oldboldpilot]

Either ppl are beginning to realize that Cramer's pumps are a lot of hype,
mostly about nothing or.......the market is beginning to unravel. I'm not
certain that the yearly highs are diminishing but it sure seems like there
ain't much activity in the stocks I hold. Cramer pumped AVNX tonight which
may be the kiss of death. I held it before he began pumping fiber optic plays
and hopefully, it will survive his pump to live another day. Sure seems like all
the activity is in the first 30 minutes of the opening with the remainder of the
day watching as the prices deteriorate. Maybe short plays ARE the way to
go.

[TheChartGuru]

Who needs stock screeners? Traders have found a gold mine with Cramer. Stocks are pumped in the show and in the morning you can ride the momentum than sell short. Cramer tells his viewers to wait for the pullback to buy the stock. Ca Ching, the short term traders now know that the stock will have a second bounce after it pulls back, as the Cramerlites begin to buy the stock. Look at FNSR as a perfect example. Watch AVNX the next few days and watch the pattern.

The Guru has spoken

[Mad Girl Investor]

I wishCramer would pump my DROOY and PHM, they are on life support and need cpr. The market went on vacation!

[oldboldpilot]

Well, to tell you the truth, gold seems to have made it's run and builders are not doing all that great either. I hate to give advice but unless you are going to take a major hit, I would think about bailing from both of these puppies. In fact, I thought you were going to sit on the sidelines for a while after BCON and the Dana debacle. Still not a bad idea......nothing wrong with cash when the market is a squirelly as this one has proven to have been lately.

[Pierre]

You done hit the nail on the head, Old bold...
The market is acting very " squirelly "... I wanted to post that last week but could'nt figure out how to spell "squirelly"...

[Mad Girl Investor]

Make that PPHM (Peregrine Pharmaseuticals).

The DROOY deal was supposed to be a day trade, didnt seem to work out that way with the squirelllllly market. (Thats how I spell it)And the bail out is def in the works tomorrow.

I did well in BCON, not so well in DCN..

Still smarts,too.

[englishman26]

How was BCON a debacle - it performed perfectly last time out and is ready to go again!?

[aj14]

Markets are going to do what is going to cause the greatest number of people the most amount of pain. It has to do with mass psychology.

When guys like Cramer come along, and people start blindly following his trend chasing advice, it is a sure sign that the market has become populated with "dumb" money, and it is time for a pretty major correction. The correction maybe won't come in the form of a large sell off in the popular averages, but you can measure the pain in some of Cramers names from CPST, to GOOG, to any of the oils or engineers or metal stocks he has been chasing. If you bought these things when he was touting them at the highs you know what real pain feels like, even though the overall market is close to it's highs for the past coouple of years.

Cramer is a bright guy, and that is how he made his money in the market. Not by being smart about stocks, but by being smart about the market. He spent kazillions of dollars in comissions to get acces to the infrmation he needed to make winning stock trades. Whether it was running in front of orders, or recommendationds from analysts, or having bankers beat a path to his door to take thestereet.com public, he was able to play the street for a lot of money. Anyone who thinks he isn't still playing other people, like the viewers who keep the ratings on his show high, and thus make him a lot of money as an entertainer, is really a fool. On the street, we call it "dumb" money. And Cramer is a master at getting it!

[oldboldpilot]

Ummmmm, how best to put this. Have you ever heard " One man's trash is another man's treasure " ? Let's put it this way....if you bought GOOG at $450 it is trash at the moment, right ?? But if you bought it as an IPO it is a treasure. All depends on where you bought in !!

[InvestingMoron]

The pied piper of the Street hasn't lost his touch, I assure you. His minions have simply lost their capital from buying into his pump and dump schemes, whilst Jimmy C rakes in the profits. Some of you may think the slowdown is because people are starting to be more cautious, etc....when in reality, they're all broke.

In the words of that kid from The Simpsons......hah-hah!

[madcowdisease]

The pied piper of the Street hasn't lost his touch, I assure you. His minions have simply lost their capital from buying into his pump and dump schemes, whilst Jimmy C rakes in the profits. Some of you may think the slowdown is because people are starting to be more cautious, etc....when in reality, they're all broke.

In the words of that kid from The Simpsons......hah-hah!

Lol.

[moneyman]

I would like to also throw in a Nelson Ha-Ha

I am glad to see those idiots getting hurt.

Chris

[wqcustom]

wish you were right, but i'm afraid you missed the fact that AVNX is a $2 stock. so a .30 gain is more than 10%. percentage wise, a big markup which is about the norm on a cramer pump. just like seeing a $20 stock up $2 in after hours.