STOCK KRAMER
STOCK KRAMER
How much does Jim Kramer's Mad Money move the markets?
I was watching CNBC last week in the morning and they credited an episode of Mad MOney for causing a 4 point gain in Cisco Systems stock. I know that this show is watched by many, but does he really have that much influence? What do the brokerage houses and professionals think of his advice????
The answer is a huge short term effect... read this...
http://www.investopedia.com/terms/c/cramerbounce.asp
He is a previous successful hedge fund manager, so he deserves some credit.
Thanks ahead for the best answer vote.
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