We recently analyzed Jim Cramer’s bullish stock tips and determined his bullish track record is pretty dismal. In fairness, we also analyzed Jim Cramer’s bearish stock tips and found his results were slightly positive. A sample of Jim Cramer’s bearish or short selling results are shown:
Ticker | %Return | Ticker | %Return |
GEPT | 84.7% | HITK | -158.6% |
FORD | 81.6% | MYOG | -121.5% |
ESCL | 81.5% | RSAS | -117.0% |
NTMD | 77.3% | GNA | -107.5% |
PGR | 75.9% | DXPE | -107.0% |
GTOP | 73.6% | NSSC | -100.6% |
ISON | 71.8% | GLG | -97.8% |
NPSP | 67.9% | TS | -79.6% |
SVA | 66.1% | SKX | -78.7% |
CTDC | 65.8% | SBUX | -77.8% |
MRGE | 65.5% | AGP | -76.6% |
BCSI | 65.1% | REGN | -74.9% |
WPTE | 65.1% | APN | -74.3% |
GGR | 63.8% | MEK | -71.7% |
GST | 63.5% | AUY | -71.0% |
VRSO | 62.5% | RMBS | -70.5% |
ORCT | 60.9% | RNWK | -69.9% |
AVII | 59.2% | CELL | -69.2% |
BMHC | 59.1% | BGC | -67.3% |
Are You Ready Skidaddy?
The analysis revealed an investor shorting equal amounts of their personal stock portfolio into Jim Cramer’s bearish stock tips would have realized a positive average return of +1.6%, still not worth a big booyah. Jim Cramer’s best bearish stock tip was shorting GEPT on July 25, 2005 at $6.45, which is currently trading at $1.00 representing a gain of 85%. Jim Cramer’s worst bearish stock tip was shorting HITK at $17.17 on Sep 2, 2005 and covering on Dec 22, 2005 at $44.40, resulting in a loss of 159%.
For option investors seeking a stock option strategy for “going short”, there are several strategies available, Bear Call Credit Spreads and Bear Put Spreads for example. PowerOptions provides a search engine for finding potential option income generating positions for various strategies for those option investors seeking to “go short”.
[tags]stock tips, personal stock portfolio, option investors, option income, stock option strategy[/tags]