Wednesday, August 16, 2006
cramer & motleyfOOLZ
i cant believe what i just read!
Well, Cramer himself recently wrote about exchange-traded funds (ETFs), those stock-like, fund-like investments, and he made a lot of sense. Mostly. Permit me to share some of his thoughts -- and mine.
For starters, he noted that the Claymore Group is issuing an ETF designed to track stocks that have little or no coverage among Wall Street analysts and that it's looking into an ETF that focuses on companies with significant insider buying. To him, these represent "the latest in the out-of-control creation of ETFs that's been going on lately." I agree on that front, having asked, in April, "Are ETFs Out of Control?"
http://www.fool.com/News/mft/2006/mft06081503.htm?source=eptyholnk303100&logvisit=y&npu=y
wallstreet has NOT provided any form of real research on little companies as they play pump this stock or pump that stock. remember GROW at $5 or even TASR around $1,, they dont find the gems before the traders/longs/invetors do!
both cramer/motleyfOOLZ like to pump thier picks as something that qualifies as a buffy quality stock...... NO thanks, i prefer growth. to be fair,, buffy does have an eye for the distressed companies for which i do not.
now, im saying YOU HAVE TO BE SELECTIVE,, as these etf's can all be designed against your favor,, ie: insider buying means NOTHING IF IT IS ONLY DONE VIA STOCK OPTIONS-WE WANT THEM TO USE COLD HARD CASH----THEIRS! NOT A COUPON THAT WAS ISSUED TO THEM! i want to see they value MY cash with THEIR cash.
anyway,, we will have to keep an eye on these new etf,, and we need to keep a close eye on the little gems we find.
Well, Cramer himself recently wrote about exchange-traded funds (ETFs), those stock-like, fund-like investments, and he made a lot of sense. Mostly. Permit me to share some of his thoughts -- and mine.
For starters, he noted that the Claymore Group is issuing an ETF designed to track stocks that have little or no coverage among Wall Street analysts and that it's looking into an ETF that focuses on companies with significant insider buying. To him, these represent "the latest in the out-of-control creation of ETFs that's been going on lately." I agree on that front, having asked, in April, "Are ETFs Out of Control?"
http://www.fool.com/News/mft/2006/mft06081503.htm?source=eptyholnk303100&logvisit=y&npu=y
wallstreet has NOT provided any form of real research on little companies as they play pump this stock or pump that stock. remember GROW at $5 or even TASR around $1,, they dont find the gems before the traders/longs/invetors do!
both cramer/motleyfOOLZ like to pump thier picks as something that qualifies as a buffy quality stock...... NO thanks, i prefer growth. to be fair,, buffy does have an eye for the distressed companies for which i do not.
now, im saying YOU HAVE TO BE SELECTIVE,, as these etf's can all be designed against your favor,, ie: insider buying means NOTHING IF IT IS ONLY DONE VIA STOCK OPTIONS-WE WANT THEM TO USE COLD HARD CASH----THEIRS! NOT A COUPON THAT WAS ISSUED TO THEM! i want to see they value MY cash with THEIR cash.
anyway,, we will have to keep an eye on these new etf,, and we need to keep a close eye on the little gems we find.
# posted by tagthatstock @ 5:00 AM 
