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lakedweller2

05/26/06 5:15 PM

#4808 RE: CanAm818 #4805

Cramer: It's educational. He was a successful hedge fund manager that evidently made some rich people more money. He has a web site that publishes his track record. He hits some, misses some. He is not a fan of OTC or pinks. He likes "best of breeds" whithin the going sector. He also likes diversification. However, the term Mad Money comes from him endorsing a % invested in risky stocks. Possibly a good penny like BIGN may fit that category, but I think he likes stocks over $2 at a minimum (not sure on that one). Still qualifies as a penny, but one that has shown success already. He is not a fan of the Fed. He went to Harvard Law and wanted to be a newspaper writer at one time. He was playing the stocks in college to pay for college. He gravitated to Wall Street and did well. He now invests only in a chartible trust and tells you when he owns a stock in that trust. He lives in NJ and commutes to NY for the TV show. And yes he does have some stage presence.