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So, ineffectively, without the BEA Systems buyout, the gains from piggybacking Carl Icahn via Mad Money are merely inline over a three-four month period. From a statistics perspective, 1 out of 5 is not enough to make any sort of reliable future predictions on an 8% lead over the S&P. Viewers will have to decide whether to follow these piggybacking recommendations in the future, but suffice to say, I will not be one of them. And if you waited to buy these stocks after the five day rule that Cramer frequently advises, then your gains only increased by a modest 0.72%. Based on these findings, Cramer should stop recommending stocks based on the Icahn factor.

 

Submitted: Oct 31, 2007    Views: 497    Comments: 1    Likes: 15   


View Article: http://www.stocktagger.com/2007/10/jim-cramer-tries-piggybacking-ca...


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Comments Received:

Jim Ferguson

People who blindly follow Cramer have done well, but will get burned eventually.

Posted: Nov 1, 2007



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