a lot of people do not like Jim Cramer "MAD MONEY" but I get his paid news and I also watch his show
He was the one who made me buy SD and EOG and I made about 20% with in a month on both of these stocks Also my lastest Cramer stock was TPLM http://www.thestreet.com/mad-money/ |
W, I bought TPLM at 5.50, sold it at 7.50, then bought it again at 6.50. I wish I would have bought more (as usual). I think this little company is as strong a candidate for a takeover as any I've seen. You just convinced me to subscribe to Action Alerts Plus. I just did some research on an investor that does short term trades on the Cramer recommendations received in the newsletter, then sells them shortly the stock is reviewed by Jim Cramer on his TV show Mad Money. He says that you can count on a 10 -20% pop within a short time after being reviewed on the show. ( You are basically selling to his TV audience) He states that if you make 10%,and compound the profits on each, in just 8 trades you have more than doubled you money 1.1x1.1 (done 8 times) = 2.14 Example: $1000 x 1.1 =$1,100 $1,100 x1.1 =$ 1,210 repeat 8 times and you get $2,143.59 Subtract $128 in trading fees, and you get $2,015.60. Bottom line, you just doubled your money on 8 trades.
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