Jim Cramer Is Right, And The Bears Are Wrong

Jim Cramer has been pushing Deckers Outdoor Corporation DECK for what seems like forever, and so far he's been right. The stock is up another ~4% today, and everyday I see how the bears are saying "How can you recommend a stock that's up 50%?" and statements of that nature. This has become a momentum stocks and momentum sometimes defies gravity. If you don't want to listen to the man, then don't. It's a free country, you don't have to listen. What is really embarrassing is the people who use pseudonyms to take on Cramer and other financial pundits who put their necks out there. Do I agree with everything he says? No, not at all. Sometimes I think he's dead wrong. That doesn't mean he doesn't deserve respect. Maybe, just maybe, he knows what he is talking about. Disclosure: no position in DECK
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