On Tuesday night’s “Mad Money,” host Jim Cramer talked about selling and how many people have misconceptions about selling. Cramer explained to viewers that waiting until the stock reaches a certain price, even a break-even price, can back fire. He used as an example the case of Netflix (NFLX). It rose from the $50’s to the $200’s. Once several of its plans backfired, there was still time to sell. Then, the price dropped even lower after a series of bad calls by NFLX management – and there was still time to sell. NFLX closed Tuesday at just $77.37 after falling almost 35%. The point Cramer was making is that a stock can always go lower and there is no guarantee it will ever go back up, no matter how strong its performance had been. YOu can go to Insider Monkey for the recap of Jim Cramer's Mad Money.
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Thursday, October 03, 2013
Jim Cramer Mad Money Recap (Oct. 25)
We all know that Jim Cramer is good in the field of stocks. With this, Insider Monkey made a write up about "Jim Cramer Mad Money Recap (Oct. 25)".
On Tuesday night’s “Mad Money,” host Jim Cramer talked about selling and how many people have misconceptions about selling. Cramer explained to viewers that waiting until the stock reaches a certain price, even a break-even price, can back fire. He used as an example the case of Netflix (NFLX). It rose from the $50’s to the $200’s. Once several of its plans backfired, there was still time to sell. Then, the price dropped even lower after a series of bad calls by NFLX management – and there was still time to sell. NFLX closed Tuesday at just $77.37 after falling almost 35%. The point Cramer was making is that a stock can always go lower and there is no guarantee it will ever go back up, no matter how strong its performance had been. YOu can go to Insider Monkey for the recap of Jim Cramer's Mad Money.
On Tuesday night’s “Mad Money,” host Jim Cramer talked about selling and how many people have misconceptions about selling. Cramer explained to viewers that waiting until the stock reaches a certain price, even a break-even price, can back fire. He used as an example the case of Netflix (NFLX). It rose from the $50’s to the $200’s. Once several of its plans backfired, there was still time to sell. Then, the price dropped even lower after a series of bad calls by NFLX management – and there was still time to sell. NFLX closed Tuesday at just $77.37 after falling almost 35%. The point Cramer was making is that a stock can always go lower and there is no guarantee it will ever go back up, no matter how strong its performance had been. YOu can go to Insider Monkey for the recap of Jim Cramer's Mad Money.