* The stock market loves Jim Cramer because while his ill advice causes investors to lose money, it brings money into the stock market: One man’s loss is another man’s gain.

Dear CNBC and other financial sites:

I want to tell you this from a viewer’s standpoint. I read articles written by credentialed analysts, for I take my hard-earned money seriously. When you include a phony investment/financial guru on your website, you really provide a dis-service to your viewers and disparage your own reputation.

In 2006, Jim Cramer had an one-hour radio program before market-close. It was cancelled due to too many caller-complaints to the station. Probably from listeners who followed his advice and lost their money.

I, too, have a real bone to pick with Jim Cramer. In fact, if there is ever a class action lawsuit against this evil investment / financial guru, I want to be notified and join in the suit.

So many small investors have lost money because Jim Cramer is on the air and they listen to him. I bought a stock after Jim said it’s a great stock. I lost everything I paid for. Giving financial advice on the air is a serious business. People do listen and follow Jim Cramer’s advice and lose a lot of money. Of course, after I lost money listening to him, I made a point to never listen to him again. Whenever I see him or his name on the Internet, I can’t click him off fast enough, as if he carries plague. Whenever I hear his voice on the radio, I either mute the sound or change stations as if evil has penetrated the room.

For all the small investors who have lost money by following Jim Cramer’s advice, they should all get together and file a class action lawsuit against this phony investment guru.

* The stock market loves Jim Cramer because while his ill advice causes investors to lose money, it brings money into the stock market: One man’s loss is another man’s gain.

How come it is trading so well against those energy companies with good fundamentals, on production stage. Unbelievalbe.

Bad boy Jim. You violated one of my top 3 trading axioms. NEVER fall in love with your positions even though you are 100% certain that given time, they will return to their days of glory. And I would suggest you have fallen head over heels for a good number of those banking shares. Make that 99.9% certain, cause those suckers ain’t never comin’ back.

Then again, Obama may just let the presses run a little longer and come up with the funds to reimburse all the funds shareholders have lost while holding these companies. Afterall, the printing press is warmed up and what harm could a few more billion dollars of fiat money be able to produce?

Ford

It makes me angry to learn that my broker (charles Schwab ) lends shares to hedge funds so that my stock can be knocked down. Can this be stppped?

ED

I bought it again yesterday and it is soaring!!

Thanks

Happy Turkey Day

Lectric Jeppesen
Henderson, Nevada

NEWS: BUILDER TACTICS UNDER SCRUTINY: OFFERS DEFY LENDING LAWS,
BROKERS SAY (THE NEWS & OBSERVER, RALEIGH NC)