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View Full Version : Cramer back peddles again.. IPOs



Harry Aloof
02-13-2013,
A month or so ago, all Cramer would tell the watchers of his show (the average Joe trader typically) was to "get into certain IPOs". And this was said repeatedly. Today, he finally admits that the odds of the average Joe of getting into a popular IPO is slim to none. And that's why average Joe try's to buy it after it comes out, and typically that is a bad plan.

So, if these are a haunt of the deep pockets, then please, dude, quit hawking them!

The secret of life is honesty and fair dealing. If you can fake that, you've got it made.
Groucho Marx.