katherine48

2 Comments

    • ON: Sun Aug 19th 18:33 PM
      Commented on:
      Barron's Debunks Cramer
      I agree with most of the above comments made by everybody. They all have a pointor two. The major problem I experienced by following Cramer's stock picks is that he changes his opinion about certain stocks frequently. Not very long ago, he thought North American Palla (PAL) is a good stock but he now lists the stock under Bearish. This means that he did not spend his time doing a good research on the stock before he recommend the stock. I hope he does not recommend any more stocks he has to black list them later. I wondered how he finds time to research all the stocks he makes comments on.

      Jim Cramer is not the only sotck advisor who makes such mistakes. Motely Fools advisors actively advertised in Yahoo Finance web-site to become their member and follow their stock picks to become rich. So, I paid the membership fee and bought some stocks they recommended (e.g. MINI, NTGR... and lost lots of money. Now they are advertising something called Hidden Gems. If we pay extra membership or a new memberhsip, they will send us the list of Hidden Gems, which will shoot out in the near future. Why the list of Hidden Gems not considered as common stocks and allow the already paid members to get the list? Is there any law against this kind of practice in the is country? Why is this kind of practice allowed? There got to be some kind of rule for advertisement in the web site.
      Kay Young
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    • ON: Thu Aug 16th 13:08 PM
      Commented on:
      What Readers Say About Seeking Alpha
      The high rate of Mortgage default problem we see today (the major source of problem for the current stock market pullback) is caused by many mortgage lenders, issuing morgage loans to many borrowers who do not meet the old standards for borrowers and do not have good credit and not have secure source of income to guarantee the payback of th loan. Why nobody ever comment on this fact, including Seeking Alpha articles? There are always people making fast money by practicing unethical business practices, causing small investers to lose their savings in 401(k) or IRA accounts. Why doesn't someone or some government organization prevent this kind of business practices early on?
      Katherine
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