Blog Post

I enjoy Cramer as pure entertainment. I know he will cause the average small investor to lose a lot of money. I once sent an e-mail complaining about his recommendation to buy Jones Soda as a purely speculative investment as "everyone should have one speculative play". I thought it irresponsible pointing out that small investors could not afford to take a hit on a spec play like Jones Soda. The av investor would have a hard time recooping a loss. I held Jones Soda before Cramers recommendation. I could afford the loss and I did take a big hit. Ended up taking part in a class action suit against them for misrepresenting their financial strength. Will end up waiting another few years and maybe get back 30 cents on the dollar. If you take Cramer seriously and try to follow thru on his advice you will find yourself on the way to the poor house.



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