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Bashing 

By: Yossel in TO WHOM... | Recommend this post (1)
Sun, 20 May 12 8:37 PM | 349 view(s)
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By the way, I don't know if you were watching Closing Bell on Fri, but this very strange coincidence occcurred. Bill Griffeth and Maria Bartiroma indicated that they were receiving e-mails from their viewers saying that they were less than satisfied with their Fidelity brokerage transactions re the Facebook IPO.

Maria's comment was, with a frown on her face, that since they used Fidelity, now they were stuck with Fidelity. Bill nodded in agreement. The nod tells all.

I think, closer to the truth is that read that I contacted Fidelity so they started a bashing attack on Fidelity.

Just like when Cramer told me that if I didn't give him my worksheet, he would bash my stocks, and he has. Someone should tap Mr. Cramer on the shoulder and tell him that when good stocks go down in price, they represent a buying opportunity for others who are not fortunate enough to be in on them already.

His show reminds me more and more of a great Coney Island fakir. His latest gimmick is that he has people chasing high price stocks. Buy low and sell high is no longer viable in Cramer's world. Now the call is buy high and sell even higher? What comes to mind is Jimmy Rogers caveat that he never made any money when he purchased high priced stocks. I guess Mr. Rogers is more of the school of Bernard Baruch who used to tell people you buy straw hats in the winter, not in the summer.




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