Chan's Personal Blog

Patrick brought this one to my attention. Jim Cramer (the stock guy that recommended buying shares of Google, $420/share->$500/share) was on the Colbert Report earlier this week. I found the clip on YouTube.

For those who aren't familiar with Mr. Cramer, here's a short clip that gives you taste of what his show, Mad Money, is like. It'll help you understand some of the jokes from the Colbert Report clip.

Finally, here's the clip from the Colbert Report.

Jim Cramer seems a little awkward on the show though. He's laughing way too much at some of the jokes.

Interestingly enough, when he recommended people to buy the New York Stock Exchange (NYX), the stock did move up quite a bit the next day.... then it came back down by the end of the week. When Cramer first covered NYX on his show Mad Money, he said that it was a $100 stock going to $240 in about 12-18 months. Be aware, there are risks associated with a growth stock like this, and definitely have to be patient because this is a long-term play.

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