Monday, August 3, 2009
Jim Cramer curse hits again!
The Jim Cramer curse hits again! The victim this time is Starent. I was trying to figure out why STAR was down when the market was rallying. I knew the cause of GMCRs demise, but couldn't figure out STAR until I discovered that on Friday, Mr. Cramer makes the following statement: "I think Starent is terrific. I think it's pulled back and this is a great level to get in." If you got in based on that statement, you are now down 4%. I suspect the stock popped up in the aftermarket after that statement was made which would mean you are down much more than that if you just 'had to listen' to Cramer.