March 20, 2008

Jim Cramer from 2007 - Subprime mortgage blowup will have "no impact", "meaningless", will "not notice". Uh, Jimbo, kinda f*cked up that call, eh?

22 comments:

Anonymous said...

BUSTED

AGAIN!!

Afterthought said...

Wall St. has been hijacked by Permabull / momentum traders who believe in strong collusion between corporations and government.

When the inertia starts to dry up, what happens? Incomes the Fed with another injection of funny money to keep the whole thing going!

People are talking economic collapse; I'm talking epochal collapse; I recommend Buckminster Fuller's book Utopia or Oblivion.

Anonymous said...

Great Job Jimbo. You sure have it right. No argument there.

Looser.

Anonymous said...

So is Cramer really "worth" 7 figures? If so how?

Anonymous said...

I think his nephew, Cliff Mason, will be home watching T.V. now "because he is the related to Cramer". Cramer will be home watching T.V. too, because I would say his career is ruined.

Anonymous said...

Looking at him on last evening my mind just kept whispering to me..."He is clueless"

Anonymous said...

When GE pulls Cramer off the air, it's time to buy. They did it after the internet bubble popped and it was clear the game was over. When he's back on the air, start exiting equities.

He's worth 9 figures because any assclown could have made money in the 90s using leverage and OPM. It was all salesmanship.

David said...

Is there a Jim Cramer Watch website?

This guy is attached at the hip to David Lereah and Yun.

erin bernet said...

why is he still on tv?i'm surprised cnbc hasn't been sued because of his bullshit.

adios amigos said...

"So is Cramer really "worth" 7 figures? If so how?"

Cramer is entertaining, if nothing else. When you have to fill 24 hours a day with something and that something can draw some deep pocket advertisers, then yes, even a Jim Cramer might be worth seven figures in good times.

If things get tough and advertising drops off, he will be gone faster than a T-bill at the Fed's auction window.

Anonymous said...

More Cramer prognostication, re: Bear Stearns as recently as the week of 3/10/08:

http://talkingpointsmemo.com/archives/183871.php

How does this guy still have a job as an "expert"?

Raj C. said...

On Tuesday, March 11, 2008, Cramer listed Bear Stearns (BSC) as a "Buy" in his Mad Money Stock Picks When asked on his CNBC Show Mad Money whether concerns about the company's liquidity would warrant withdrawing their holdings from the company Cramer replied "No, no, no! Bear Stearns is fine! Do not move your money from there. That's just being silly"-joefiro.com
Striiike two.

Anonymous said...

Imagine what this discredit failure had to do as an analyst to get rich. Obviously, that didn't happen because of his knowledge. Same thing goes to Kublow.

Anonymous said...

Cramu is an idiot. Just do the opposite of what he says and you will prosper.

Anonymous said...

Cramer = well paid Pump Monkey

Anonymous said...

"He's worth 9 figures because any assclown could have made money in the 90s using leverage and OPM. It was all salesmanship."

Oh yeah smart ass, how did you do?

Anonymous said...

You friggin' one-track mined chicken littles...Cramer meant that your money is fine in your ACCOUNT with Bear Stearns, not in the equity! Open your ears and stop hearing only what you want to hear.

Anonymous said...

Thank you Cramer!

These HP Cult Fanatics need to be educated for a change.

Anonymous said...

So is Cramer really "worth" 7 figures? If so how?
______

Try 9 figures (hundred mil or so).

He ran a successful hedge fund in the 90s, when even a chimp could have made jillions buying stocks.

Anonymous said...

Keith- You are awesome. I wish this stuff would get plastered everywhere so that crooked bastard would burn.

Tom

Anonymous said...

Jim Cramer is there to pump up stocks in need of pumping . The day after Jim Cramer endorses a stock ,it goes up . The pumped up stock by Crammer eventually goes down ,but in the meantime the action happened on it .

Crammer tries to make out like he is the friend of the working man and small investor . What would Crammer so in a bear market ? Crammer would be off the air in a prolonged bear market ,so being a bull ,keeps his job .

Crammer has a ego as big as a house and I think he is really getting off on the power he has right now .

But ,there are times that Crammer tells the truth ,but that is only to advance the self-serving
agenda he has of having the illusion of a bull market . This is why Crammer chances his tune all the time .

PutOnYourOrangeJumpsuit said...

You HP'ers just don't get it. Cramer is not stupid. He is a shill, a deception, a front man for the elite. His JOB is to mislead you and make stupid 180 degrees incorrect statements just to fuck with your heads. If you want to make money, bet against Cramer. That's how Cramer makes HIS money. He was doing damage control when he said just last week that Bear Stearns is FINE. He did not want J6P to get out before the big downgrade. Dumb asses!