Cramer takes pride in his teaching and “coaching.” Today’s trade=BAD Lesson!
No one, especially me, thinks cause you think one thing today, tomorrow I might have changed my mind. Usually, I’m clear as to why. Cramer and his staff, at Action Alerts subscriber service, rank all holdings every Friday night e.g., one=buy, 4=sell, two=like but now too expensive to buy——you get the idea.
Recently, it seems to me on a Friday night a holding will be a one and the following week it is sold. This week’s example= Coach. Friday it was a buy at $62 with a target of $67. Today, they sold coach at $60+. So 1 1/2 trading days, a stock has gone from a buy to a sell with no information, or at least, no information given to subscribers. Cramer is a STAR! He was a hedge fund star and now is a media star. Stephanie Link has been identified as a co-manager with Cramer for the Action Alerts Portfolio. She, also appears regularly on Fast Money and other CNBC appearances. Action Alerts manager=who knows!