Been listening to Cramer for a few weeks now. He reminds me a lot of Motley Fool. They own stocks and recommend those stocks and talk up those stocks. I wonder if Cramer does the same?
I noticed Cramer says "His foundation has positions" (Not him personally? Why the diff?) I guess he sells membership to get access to his picks (ala Motley Fool) Then he has the CEO of company's he loves on and kisses their ass to no end…which to me is either a paid block of time from the company (would they have to disclose?) or he owns those company's and wants them pushed to no end? Anyway, smells fishy.
I first noticed when he had on the CEO of Palo Alto Networks on a few weeks ago where he kissed the guys ass so much and raved to no end about the company. Got me interested in the company but I didn't buy it. Then the earnings came out and they took a hit. Cramer said the market was reading it wrong. Then he had the CEO on AGAIN to further kiss his ass and state how well the company is doing.
Next example was a similar example but with Lowes. CEO was just on and when I say he licked his ass and paid for it…well…it all smells fishy.
So is he a scam artist?
