Thursday, May 25, 2006

Following Cramers Picks - May 24 Data

May 25, 2006

Jim Cramer often mentions Sirius Satellite Radio on his show, and of late has not been very positive on the company. His boistrous comments oft become fodder for the message boards.

SSG decided to follow some Cramer picjks to see how well he performs. So far, while his show performance is entertaining, his stock picks of May 11, 2006 have left a lot to be desired. On May 11 Cramer outlined 19 stocks that he felt were "BUYS". To date, 16 of them are in negative territory, and 2 of them are off by over 20%.

The chart (click to enlarge) outlines Cramers performance through May 24, as well as the major indexes. There has not been a day yet where Cramer has beat the indexes, and investors that followed his May 11 advice would now be down 6.39%.

SSG will keep you posted