We are completely impartial. The results are independently arrived at and we simply post the results and let our visitors make up their own minds. We use the monkey to keep things light and irreverent, but the underlying message is that you could do much better by tossing a coin, or more importantly listening to your own investment advisors or doing your own research.
Winnipeg (PRWEB) May 1, 2006
CramerWatch.org announces the re-launch of the first, and only, free website that evaluates the stock picks and recommendations of Wall Street guru Jim Cramer, star of MSNBC’s nightly 'Mad Money with Jim Cramer.'
The goal of CramerWatch.org is to impartially review if Cramer is good for investors. The website collects each of Mr. Cramer’s “lightning round” recommendations and tracks the performance of each stock recommendation. The performance of the stock is also compared to the performance of the overall market over 30 days.
The recommendation is also compared to the recommendations of Leonard ‘The Wonder Monkey’ CramerWatch.org’s resident stock picker. Leonard recommends buying or selling stocks that appear on Mr. Cramer’s lightening round by simply flipping a coin. CramerWatch.org shows that randomly buying or selling those picks will actually make the investor more money than following all of Mr. Cramer’s recommendations.
Jim Cramer’s TV antics, which include ringing bells, buzzers, chair throwing and plenty of shouting, have made the ex-trader and hedge-fund owner the most popular stock picker on TV. “Jim Cramer is popular to a whole army of viewers who tune into his radio and TV show and read his daily e-mail updates,” says CramerWatch.org’s Kevin Hill.
“He has his supporters who think he gets a bad rap. They say he is incredibly intelligent, an excellent stock picker, and he is devoted to his audience. Yet there are many who say he is a self-promoting performer who shies away from boring things like long-term analysis and research.”
Mr. Cramer’s popularity has grown to such an extent that his nightly recommendations can actually have an influence on the opening price of a particular stock depending on his comments on the previous night’s show.
“The fact that Mr. Cramer is so vocal about his skills and the evidence so far seems to prove otherwise was the reason we started this site in 2005,” says Hill. “We are completely impartial. The results are independently arrived at and we simply post the results and let our visitors make up their own minds. We use the monkey to keep things light and irreverent, but the underlying message is that you could do much better by tossing a coin, or more importantly listening to your own investment advisors or doing your own research.”
While another website has recently launched its own paid Cramer Watch section, CramerWatch.org remains the first and only free site devoted to tracking Mr. Cramer’s results and is the only site that contains interactive blogs and forums for investors to vent their opinions. For more information on http://www.CramerWatch.org visit the site or call Kevin Hill at 204-577-4687