Loading ...Stocks generally go noticeably up or down depending on Cramer’s recommendation the previous evening on Mad Money? Anyone know how, why, impact of day traders, show watchers, money managers?? thanks
May 10, 2010
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The smaller the stock (small market cap, # of shares floating around, etc.), the bigger the effect. He’s really popular right now and based on his recommendation of a small stock, the stock could go through the roof. But for a large stock (such as an Intel, MS, etc.), the effect would be marginal and short-lived at best.
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Comment by Grasshopper — May 10, 2010 @ 7:02 am
Here’s what I’ve noticed:
If Cramer talks up a stock that hasn’t yet been touted by analysts, then the stock price seems to pop (go up) shortly after the market opening. Sometimes it’s only 2-3%, but depending on how much you invest…
Long term, his effect is probably minimal.
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Comment by ckm1956 — May 10, 2010 @ 7:56 am