Could Jim Cramer be sued?, page 1
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ATS Members have flagged this thread 1 times


reply posted on 18-4-2010 @ 10:14 PM by groomlake9
reply to post by silent thunder



Something doesn't have to be illegal to qualify for a lawsuit, and, in this case, giving bad advice fails to qualify (you could take him, but it's not worth the cost of a lawyer, lol). Though to speak, I don't know much about the man



reply posted on 18-4-2010 @ 11:47 PM by GreenBicMan
reply to post by Hx3_1963



Ding Ding Ding

But he does have to by law disclose if he is a participant or not.

But he doesn't have to give you good advice by law for 1 reason or another...

There was a poster on here before that has left and hasn't came back.. but he could add in some well..

So you can't really sue him..

This should help


reply posted on 19-4-2010 @ 12:34 AM by GreenBicMan
reply to post by Miracle Man



I really doubt ST has ever listened to this guy, if at all lately lol


reply posted on 19-4-2010 @ 12:57 AM by scwizard
All opinions expressed by Jim Cramer on this show are solely his and do not reflect the opinions of CNBC, NBC UNIVERSAL or their parent company or affiliates. Cramer's opinions are based upon information he considers reliable, but neither CNBC nor its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Cramer's statements and opinions are subject to change without notice. No part of Cramer's compensation from CNBC is related to the specific opinions he expresses.

"Past performance is not indicative of future results. Neither Cramer nor CNBC guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the show. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested.

"Investments or strategies mentioned in this show may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned on the show.

"Before acting on information in the show, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Also remember that nothing I say on this website is investment advice, nor is it a recommendation to buy or sell any financial instrument.
That being said, buy QQQQ calls, the market is spooked right now so they're undervalued


reply posted on 19-4-2010 @ 01:16 AM by GreenBicMan
reply to post by silent thunder



Yeah, you are obviously not a long time watcher because he has quite the disclaimer built into it.

IMO all of CNBC should have a disclaimer at the bottom of it running along like the tape.

My favorite fake out CNBC move (and this has never failed at anytime)

1) At the end of the day they will say something like at 3:45 (15 before close), "We are seeing a large trade imbalance on x side". Meaning one side is flooded with sell orders or buy orders (usually sell side).

2) Then they will say, "When this happens for x's side, you can expect a higher or lower close from here". So if it is a trade imbalance to short side, they will say, "Expect a much lower close from here."

3) When you hear this GO ABSOLUTELY AS FAST AS YOU CAN THE EXACT OPPOSITE WAY. I wish I had taped video evidence of this.

--Whatever you do, fade this BIG TIME.

About 5 minutes after this you see it take off THE EXACT OPPOSITE WAY.

It is my estimation that a big player is paying Bob Piezano to shoot some information one way so a big player can UNLOAD on all these fools..

haha.. if it was only that easy like CNBC says I swear

[edit on 19-4-2010 by GreenBicMan]


reply posted on 19-4-2010 @ 01:57 PM by Rockpuck
reply to post by silent thunder



He's a decrepit asshat who deserves .. well I cannot say what he really deserves.. violate the T&C..

He cannot be sued, because his disclaimer advises he has no position to give financial advice and that hes essentially entertainment.

He's the biggest assclown on TV with his ridiculous, unfunny show where he gives some of the absolute worst financial advice known to man. His best being "Buy bear sterns! It's a steal!"

You'd think, with his horrible advice he'd be dirt poor.. but it's basically a pump and dump .. he buys, tells people to buy, he sells, everyone else gets screwed.

My fav Cramer moment... seeing him destroyed by John Stewart for being the dirt bag he is.


reply posted on 19-4-2010 @ 02:01 PM by Rockpuck
reply to post by GreenBicMan



lmao.. if thats true, you should piece together a few days showing where that happens.. that would truly be something to see (I don't pay for cable, thus don't watch CNBC)

Corrupt old dogs... I personally always liked Bloomberg channel much better than CNBC .. less flashy, more fundamentals.
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