Cramer effect

A stock price that crashes after Jim Cramer pumps it.

Jim Kramer gave Netflix a buy rating.
Price just dropped $100. Cramer effect.

“No! No! No! Bear Stearns is fine,” Cramer shouted in response to the question. “Do not take your money out. Bear Stearns is not in trouble. If anything, they’re more likely to be taken over. Don’t move your money from Bear. That’s just being silly. Don’t be silly.”