06-16-2006, 01:18 AM
NOTICE: I'm hijacking the thread to rant about Kramer/Cramer/whatever ...
I've tried to watch his show. Really I have. It's incredibly repetitive, but I stuck with it because he's such a "genius" everyone says, and to be fair he's at least more entertaining than most stock-market shows. But that's like saying that a golf game where a crazed hummer driver crashes the gate and kills Tiger Woods is more entertaining than a standard golf game. Duh.
Anyway, ignoring the theatrics, cheesy sound effects and twitchy graphics (and the lack of the man's medication), he's actually got a really BAD track record. He spends AT LEAST ten minutes PER EPISODE backtracking on stocks he previously championed. As a stock advisor, he's pretty poor actually.
Okay, back to the topic at hand:
Well DUH Apple's going to announce products between now and the end of the year. They TOLD you they would in JANUARY. Further, it's childishly simple to predict that the iPod line will be refreshed again before year's end (hello, xmas buying season!), that the Mac Pro towers will be announced (poss. even shipping!), and that Apple will do something (new product, new service, new ads, SOMETHING) to pump up consumer sales during the holidays. DUH.
In short, everything I've heard from Cramer is something ANYONE with internet access could have told you about the company by simply typing their stock symbol into one of the many financial pages like finance.yahoo.com in about 60 seconds. Wow, Jim Cramer said AAPL is hot, good products, no debt and more coming! I guess it must be true! What a genius!!
I'm not a stock pro, an analyst or even (at this time) an AAPL stockholder. I'm just a guy who can read.
I've tried to watch his show. Really I have. It's incredibly repetitive, but I stuck with it because he's such a "genius" everyone says, and to be fair he's at least more entertaining than most stock-market shows. But that's like saying that a golf game where a crazed hummer driver crashes the gate and kills Tiger Woods is more entertaining than a standard golf game. Duh.
Anyway, ignoring the theatrics, cheesy sound effects and twitchy graphics (and the lack of the man's medication), he's actually got a really BAD track record. He spends AT LEAST ten minutes PER EPISODE backtracking on stocks he previously championed. As a stock advisor, he's pretty poor actually.
Okay, back to the topic at hand:
Well DUH Apple's going to announce products between now and the end of the year. They TOLD you they would in JANUARY. Further, it's childishly simple to predict that the iPod line will be refreshed again before year's end (hello, xmas buying season!), that the Mac Pro towers will be announced (poss. even shipping!), and that Apple will do something (new product, new service, new ads, SOMETHING) to pump up consumer sales during the holidays. DUH.
In short, everything I've heard from Cramer is something ANYONE with internet access could have told you about the company by simply typing their stock symbol into one of the many financial pages like finance.yahoo.com in about 60 seconds. Wow, Jim Cramer said AAPL is hot, good products, no debt and more coming! I guess it must be true! What a genius!!
I'm not a stock pro, an analyst or even (at this time) an AAPL stockholder. I'm just a guy who can read.