I'm suspicious of Jim Cramer's daily touts

[Wynn]

I've been looking at the after hours charts on the stocks Cramer touts on his 6PM EST Mad Money show. Frequently, big blocks of shares are being bought around 4:10PM EST each day. Look at the charts for his picks today - WIN and BUCY. These stocks shot up well before the show aired.

Is he selling his picks in advance through one of his "premium" investor sites?

 

[SpreadDestroyerr]

I have never been a fan of this clown. Everything he says and does is to benefit his buddies on the Street. You can make a lot more money shorting his picks rather than going long. The clown makes nothing but excuses every time he makes a bad call. Took people to the cleaners with Bear Stearns (recommended them TWICE in the month before the collapse) and had the nerve to say that he said "everyone's deposits are safe at Bear and not that the stock was safe." What a joke!

 

[tanner12oz]

action holders plus members get the vip treatment from him

 

[Fischer]

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[Wynn]

Wow, how does he have the nads to keep throwing it out there?

I mean he recommends that "Cramericans" only own 5 or 6 stocks at any one time due to the homework required for each equity. So if one of those stocks were Bear Stearns, their portfolio would have taken a major hit.

 

[cd329]

the guy is no differnt then all the sports touts.