He admits he stayed too long in the stock, thought EH turn around plan was solid, had high hopes
He now realizes he was wrong
All investors have a timeline and then they lose patience, take the loss and move on
Should we do the same, that espp hurts being down 50%..in some cases much more
In essence, it's either going down more, or will never recover, even if it does, it will take long, better to realize the loss and put the remainder into something that actually performs
Inverse Cramer. Let’s go!
yeah he’s not the guy you want to go to for advice…. seriously… don’t.
@OP don't follow what JC says.
Go with your gut feeling or sixth sense that you get between your legs.
Your NKE investment turned into what Wall Street calls "Long Term Investment".
@OP Jim Cramer "the Clown in General" of comedy show that is known as CNBC should have read the threads from this site then he would have learned that Nike is doing a lot of left turns, long time ago but he did not and went yapping on the show as if he knows what is talking about and told his subscribers to buy NKE. Yes, they pay money to lose money. LOL
@be is he though, that index fund that bets against him is doing a whole lot worse than the fund he manages on his show
Yes Cramer is usually wrong. If he is bailing then it’s the bottom or close to it.
@az lol
stock picking is tough, but he seems to well overall
If Jim Cramer is out, then the stocks going to shoot to the moon 🚀 🌕