Saks Fifth Ave.

Jim Cramer does it again, this man is a power house in the Market. Last night during his show he gave out a strong recommendation to buy Saks Fifth Avenue (SKS) and low and behold, the stock jumped 6% in the after hours. A big Ba-Ba-BoooooooYaaaaaaah Jim!!! What I need to do is sit at my computer while watching his show, and execute trades immediately after his recommendations.

Follow-Up: Saks Fifth Avenue closed the day out at 4.27%.

• Posted by damien on May 12, 2009 at 7:21 AM
  
  I would argue his stocks jump up cause of all the people that watch the show and then crap out cause they have no legs.
  
  
• Posted by Justin on May 12, 2009 at 2:48 PM
  
  Your right... I realize that most of picks are worthless, however he did give a good recommendation to get out of the market long before it crashed...
  
  

 

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