Sunday, May 22, 2005

Quick Note on the Cramer Picks

In my last post I made a comment about 3 airliner picks made by Cramer on his show Mad Money. He said to get in and get out and this was for Friday only.
Well if you followed his advice you most likely lost money (unless you had great timing). His show was late Thursday night, so I'll assume someone would buy at the open and sell sometime during Friday.
AMR: opened at $12.85, hit a high of $12.90 and finished the day at $12.42
LUV: opened at $15.04, hit a high of $15.10 and finished the day at $14.94
JBLU: opened at $23.38, hit a high of $23.45 and finished the day at $22.59

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