In May of 2005, I wrote an article on GM and Ford entitled "Opportunities Abound". I specifically said;

I couldn't help being immediately alerted to a huge buying opportunity as I watched Jim Cramer's Mad Money on CNBC. Jim Cramer was asked a question about the opportunities GM and GM bonds. Cramer immediately responded with a sell everything answer which resembled the "ready, shoot, aim" approach to investing. Granted, GM and Ford both have some huge problems, but often in the midst of problems lie opportunity.

A few weeks ago I mentioned the value of buying GM's GMAC preferred stock. GMAC is very strong, and our country could not allow its parent company to go out of business. But, if you listen to all the negative news reports you would think GM was going out of business next week. Don't listen to them. The sell off in GM and its debt may be one of the best buying opportunities on the entire street.

Now Jim Cramer is saying from his 10-25-06 show, and I quote;

"GM - We recommended it at $18; it goes to $36. We say take a little schnitzel. It's now pulled back to $34. It's going to get to $40, but it's going to meander. I like F. I like GM."

I said "the sell-off in GM its debt may be one of the best buying opportunities on the entire street" in 2005 while he was screaming sell, sell, sell. Now he's saying he's been on the stock since $18? Go figure.