Why StockBlade Can’t Be Free Forever
May 30, 2008 12:15 AM
If StockBlade ever get’s to “Cramerlike” status, we can no longer be a free site. Is it because i want to rake it in? Well yes, I do…but that isn’t why. The reason is we give out “the game”. If we get big enough, the big players will simply take it above/below my numbers, limit us out, and go the other way. This is why Cramer and other’s similar cannot give out numbers like we do. It wouldn’t work.
For example, i said “BMC should not clear $37.02, the trade is long, it is going higher”. What would happen if I had 5 million readers? What would happen if Cramer said that? They would have traded it to $36.98 and “whipsaw” my readers. Therefore, Cramer cannot give out numbers, even if he wanted to. He has to look at broader things and hope they go his way. It is why many of his listeners get crushed severely. If things do not go according to plan, they get hammered. He is guessing based on information.
I do not guess, ever. So it isn’t fair to compare him to me - he is at a huge disadvantage. Point being, do not underestimate the value of what i am saying - while it is free.
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