| Cramer dropped the ball for sure. However, he is correct that he cant tell everyone "Get out get out!" Think of it this way. What if you worked for company X, and then one day Jim Cramer decides to go on the air in front of the american people and say "Company X is doing horrible, and they are going to be worthless soon, GET OUT GET OUT GET OUT *scream some, throw things*". He could potentially be sued by all of the employees who lose millions combined because the stock tanks, and then the company goes out of business, regardless of how bad of a shape the company X was in before.
NO ONE is perfect on the stock market. People screw up all the time. Its your responsibility, and not Jims, to do your own homework. Hes there for just a television show, just like all the other shows on CNBC, except the ones that are on actually -during- the market open. | 