Jim Cramer said buy JBLU!!

[buttercup]

This guy is the Rush Limbaugh of the stock market; great entertainer not much substance. I wish JBLU well and I'm sure they will get beyond today's setback as they are a classy company with good people. I can't for the life of me figure why people would buy airline stock. I can't believe Cramer called JBLU best of breed in the industry!! From an intrinsic perspective SKYW is the best of breed. For growth LUV is the best!!

 

[TR4A]

This guy is the Rush Limbaugh of the stock market; great entertainer not much substance. I wish JBLU well and I'm sure they will get beyond today's setback as they are a classy company with good people. I can't for the life of me figure why people would buy airline stock. I can't believe Cramer called JBLU best of breed in the industry!! From an intrinsic perspective SKYW is the best of breed. For growth LUV is the best!!

I think he said:

"Jim Cramer: While JetBlue is the best of the bunch in the airline business, it is a pretty sorry bunch."

 

[buttercup]

I think he said:

"Jim Cramer: While JetBlue is the best of the bunch in the airline business, it is a pretty sorry bunch."

Yeah that's true in regard to what he said. Maybe he just was analyzing Major carriers. He missed SKYW which is currently undervalued and has been trending up since July even in the face of high-energy costs. He fuc*ed up putting JBLU as his best of breed ahead of LUV also!!

 

[AZ Typed]

How about forgetting about 'ol Jim (though he is VERY fun to watch) and maxing out your own 401(k) and IRA, propertly insuring your family, and teaching your kids how money works. Jim has lots of info on his show...but most people don't even have a foundation in place, let alone enough money to invest in individual stocks.

AZT

 

[buttercup]

How about forgetting about 'ol Jim (though he is VERY fun to watch) and maxing out your own 401(k) and IRA, propertly insuring your family, and teaching your kids how money works. Jim has lots of info on his show...but most people don't even have a foundation in place, let alone enough money to invest in individual stocks.

AZT

I watch him for entertainment value only. I have been trading for four years now and have made money every year doing it. I have made money shorting Cramers picks after the initial runup !! Easy money and entertaining!!

 

[SWA/FO]

Luv hasn't done much in 4 years.....sadly

 

[TR4A]

Yeah that's true in regard to what he said. Maybe he just was analyzing Major carriers. He missed SKYW which is currently undervalued and has been trending up since July even in the face of high-energy costs. He fuc*ed up putting JBLU as his best of breed ahead of LUV also!!

Jim Cramer does NOT like airline stocks saying, “If you want to own an airline stock, the bottom line is, turn the station to another guy.”

James J. Cramer: I've never been a fan of the airline stocks and don't believe that now is the time to start bottom-fishing in this group. This even includes Southwest Airlines and JetBlue Airways, which are the largest hedgers of fuel expenses.

When it comes to whether one should own airline stocks, "The answer is always, 'No!'" Cramer said. "These things have been going down for as long as I've been in the market."

 

[satpak77]

if you follow the financial/wall-street industry press, you will be aware that Cramer is more talented at hosting a TV show than running money

George Soros, Bruce Kovner, Jim Rogers do not have TV shows....

I would NOT invest based on Cramer's tips

there is a reason he is not running a hedge fund now

 

[buttercup]

if you follow the financial/wall-street industry press, you will be aware that Cramer is more talented at hosting a TV show than running money

George Soros, Bruce Kovner, Jim Rogers do not have TV shows....

I would NOT invest based on Cramer's tips

there is a reason he is not running a hedge fund now

Yeah no kidding!! I heard he lost people alot of money back in the late 90's with his Tech calls!! PLus my friend worked for him and said he isnt the nicest guy in the world!! I like Jim Rogers..great great investor. So is Peter Lynch!! Value investing is the way to get wealthy over the long haul no doubt!!

 

[satpak77]

Peter Lynch does not have a TV show, Warren Buffet does not have a TV show, Paul Tudor Jones does not have TV show, the Hunt family does not have a TV show

if you were to "model yourself" after the top investors in the world, do NOT get a TV show nor follow anyone who does

FYI

 

[miles otoole]

Peter Lynch does not have a TV show, Warren Buffet does not have a TV show, Paul Tudor Jones does not have TV show, the Hunt family does not have a TV show

if you were to "model yourself" after the top investors in the world, do NOT get a TV show nor follow anyone who does

FYI

What about Louis Rukeyser or Gary B. Smith?
Cramer's show just started, for Pete's sake. He made me 150K on LEAPs when he announced Google was going to 300 (from 250) in July. She's at 320 right now. Better than real estate in SAN.

 

[satpak77]

What about Louis Rukeyser or Gary B. Smith?
Cramer's show just started, for Pete's sake. He made me 150K on LEAPs when he announced Google was going to 300 (from 250) in July. She's at 320 right now. Better than real estate in SAN.

Cramer's "show" just got started but he has been on CNBC for many years now. Cramer, nor anyone else, can predict that GOOG "is going to ____" or anything else.

He didn't make you anything, you yourself responded to Cramer's tips, believing them to be correct and solid, and coincidently he was correct that time, your profits now give "credibility" to Cramer since "he was right"

 

[mdf]

I watch him for entertainment value only. I have been trading for four years now and have made money every year doing it. I have made money shorting Cramers picks after the initial runup !! Easy money and entertaining!!

Amen to that. Cramer is the short of the century. Check out NL which he was pumping a couple of weeks ago. Gapped open, and filled the gap a couple of days later. He must be long JBLU. Pump and Dump!!

 

[buttercup]

Just shorted GOOG at $341.. Will cover in a few days when GOOG is back in 320's.. Thanks Cramer

 

[ATRCA]

Yeah that's true in regard to what he said. Maybe he just was analyzing Major carriers. He missed SKYW which is currently undervalued and has been trending up since July even in the face of high-energy costs. He fuc*ed up putting JBLU as his best of breed ahead of LUV also!!

I fail to se why a company like SKYW which is so intricately involved with DAL would be anyones best pick at the moment. It has nothing to do with SKYW and everything to do with DAL.

 

[buttercup]

SKYW is up 8% today!! I posted about SKYW yesterday before this big move. Recently Cramer was called in the lighting round about SKYW and said to sell!! ATRCA I cant answer the question about the relationship between DAL and SKYW as I am not too familiar with it!! But this I do know, even with this 8 percent move up today SKYW is still undervalued!! I never trade or invest in airline stocks but if I did SKYW would be it. Not JBLU!! Before SKYW made its uptrend 3 months earlier it had a price to earnings ratio of 10!! Compare that with JBLU's today of 46!!

 

[satpak77]

the entire market is mostly up today. Airline stocks are uplifted by the rising thermals of the overall market. The airline sector also got helped by falling oil prices, which broke the magic $60 mark today.

This is not a specific Skywest thing

 

[buttercup]

the entire market is mostly up today. Airline stocks are uplifted by the rising thermals of the overall market. The airline sector also got helped by falling oil prices, which broke the magic $60 mark today.

This is not a specific Skywest thing

Yes it is!! Why arent the other airlines up 9 percent then either? SKYW is in pre-earnings rally mode because the street sees them easily beating their quarterly estimates!! Even if oil was up today SKYW would still be up 5-6%!!

 

[satpak77]

Yes it is!! Why arent the other airlines up 9 percent then either? SKYW is in pre-earnings rally mode because the street sees them easily beating their quarterly estimates!! Even if oil was up today SKYW would still be up 5-6%!!

ok well maybe it is. Fact is, I don't know. HOWEVER, some stocks go up "faster" than others due to shares outstanding. So when Big Mutual Fund XYZ's trading director tells the computer to "buy a 2% position in all airlines today", the ones with say 36 million shares outstanding will shoot up much faster (responding to the buying pressure) than another one with 780 M shares.

just FYI

http://moneycentral.msn.com/investor/invsub/ownership/ownership.asp?Symbol=LUV

http://moneycentral.msn.com/investor/invsub/ownership/ownership.asp?Symbol=SKYW

 

[buttercup]

ok well maybe it is. Fact is, I don't know. HOWEVER, some stocks go up "faster" than others due to shares outstanding. So when Big Mutual Fund XYZ's trading director tells the computer to "buy a 2% position in all airlines today", the ones with say 36 million shares outstanding will shoot up much faster (responding to the buying pressure) than another one with 780 M shares.

just FYI

http://moneycentral.msn.com/investor/invsub/ownership/ownership.asp?Symbol=LUV

http://moneycentral.msn.com/investor/invsub/ownership/ownership.asp?Symbol=SKYW

Holy sh*t!! LUV has 780 million shares outstanding. No wonder why that pig hasnt gone anywhere in 5 years!!

 

[satpak77]

Holy sh*t!! LUV has 780 million shares outstanding. No wonder why that pig hasnt gone anywhere in 5 years!!

yes and thats why "small cap" stocks will double or triple in a short time, while huge pigs like GE or IBM will NEVER double. Its like small speed-boats versus huge ocean liners

lets look at Exxon versus Valero energy, cross compared this year

both are well-run enery and petroleum companies.....

http://finance.yahoo.com/q/bc?s=XOM&t=1y&l=on&z=m&q=l&c=vlo

now lets look at shares outstanding

http://moneycentral.msn.com/investor/invsub/ownership/ownership.asp?Symbol=xom

http://moneycentral.msn.com/investor/invsub/ownership/ownership.asp?Symbol=vlo

all things being equal, always buy the smaller company.

 

[temcgrew]

Peter Lynch does not have a TV show, Warren Buffet does not have a TV show, Paul Tudor Jones does not have TV show, the Hunt family does not have a TV show

if you were to "model yourself" after the top investors in the world, do NOT get a TV show nor follow anyone who does

This looks like the satpak77 show!

 

[satpak77]

copy that

This looks like the satpak77 show!

it does, and I apologize....

 

[buttercup]

yes and thats why "small cap" stocks will double or triple in a short time, while huge pigs like GE or IBM will NEVER double. Its like small speed-boats versus huge ocean liners

lets look at Exxon versus Valero energy, cross compared this year

both are well-run enery and petroleum companies.....

http://finance.yahoo.com/q/bc?s=XOM&t=1y&l=on&z=m&q=l&c=vlo

now lets look at shares outstanding

http://moneycentral.msn.com/investor/invsub/ownership/ownership.asp?Symbol=xom

http://moneycentral.msn.com/investor/invsub/ownership/ownership.asp?Symbol=vlo

all things being equal, always buy the smaller company.

Excellent points for newbies!! If it involves buying and holding they must considering shares outstanding!!! That's why alot of them get crushed on penny stocks. They buy and hold on a penny stock, meanwhile the company keeps diluting(putting more outstanding shares out for sale) for that is their only way generate revenue as a startup to sell shares!! Then the price keeps going down and down!! I used to trade pennies when I first started out. If you dont have alot of money initially they are a good way to build up $$ . The greatest number of outstanding shares I've ever seen was 700 Billion with Casavant Mining CMKX!! I made out with a ten-bagger on that one though!! Accumulation and money flow combined with a drying up volume while maintaining current price level were precursers to the pop!! I'm suprised more pilots dont trade, there is a positive transfer of learning with many of the skills attained in flying..and trading is much more lucrative too!!