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The Run-Up's a Killer

By Jim Cramer

About this article:
The darned run-up's a killer. The odds are so bad. But Intel and Apple make you feel emboldened, making it more difficult than it should be. Take Qualcomm: Is there a soul out there that doesn't know how Qualcomm sandbags to keep the bar low? But here we are, having run up ahead, getting taken to the woodshed by allegedly bad guidance. Galling. Glad I sold some for Action Alerts PLUS beforehand, but a move like this makes you wish, as I did the day before with Gilead, that you sold the whole thing. But that would be foolish as you are only taking revenge on the run-up. The stories are in tact. Sandisk was the same. The stock ran to the high teens before management then reported a great number but gave alleged bad guidance. Another one I would buy on weakness. It's funny -- two I own,...

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