"This is the end of many stocks and many companies"
Jim Cramer, announcing the end of boo-yeah, February 20, 2009
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18 comments:
HE IS A SALESMAN.
Did you BUY?
END OF STORY
Check out this story on Harvard crashing
Harvard
Amazing
I guess they can thank Nicholas Retsinas for that
http://www.forbes.com/2009/02/20/harvard-endowment-failed-business_harvard.html?partner=yahootix
boo-yah turning to boo-hoo?
who the hell cares what that jackass has to say any more , if you want stock tips flip a coin you will have more or less the same odds as that discredited fools ratio of being right.
Does anyone listen to this joker at this point in the implosion? He's called "bottom" so many times in the last six months I can't keep track anymore. I don't feel one bit sorry for those idiots who watch him and went long every time he called a bottom.
I have a good friend who inherited 150k 2 years ago when his mother passed away. He watches Cramer every night and has bought 2 books by this idiot. So far, my friend has lost 25% of his inheritance by following the investment advice of Cramer. He is about 95% still invested in stocks and is now too far under to sell, because this will raise his losses to about 35-40%. He still watches Cramer every night. This Cramer guy is the Jim Jones of investing and anyone who listens to ANYTHING this guy says is most definitely drinking the koolaid. (did I spell that right?) I have tried to get him to stop watching this fool, but no luck. What can you say? At least I tried to help. I own NO stocks and have all of my 401K in measely interest-bearing acoounts which are averaging around 2-4% right now.
What kind of moron does it take to drive the mighty General Electric into the ground?
Really.
AM I DIVERSIFIED???
1. Bunker stocked with Popcorn and MREs to last 5 years.
2. Half a dozen firearms and several thousand rounds of ammunition.
3. Half of my wealth in Gold and Silver coins.
4. Paid off house on 20 acres for farming.
5. Couple of horses and a small truck for transportation.
Why is this blog still quoting this ridiculous Barnum & Bailey Circus Clown?
What Next, Suze Ormann?
Am I diversified Anon:
HILARIOUS. My coworkers are staring at me right now.
I'm stealing that joke in some form.
Suzanne researched this and told my wife what a great deal this is. Now my wife won't give me the 'V' for victory sign unless I agree. I only have 2 kids who are 2 and 4 years old. Hell, what do they know? Let's go for it. At least I can still get me some from the wifey.
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"How do like me now"?
gold
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I can't believe people keep watching Cramer after he is been so wrong so many times.
1. Bunker stocked with Popcorn and MREs to last 5 years.
I wonder if those MRE's sold by "Cheap As Dirt" are any good. Anyone?
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FOLKS, DON'T YOU GET THAT THE STOCK MARKET AND MSM ARE MANIPULATED BY A BUNCH OF MADOFFS AND STANFORDS, JUST LIKE OIL'S PRICE? IT'S ALL RIGGED!
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Check out this story on Harvard crashing
Harvard
Amazing
Isn't your hero Messiah from Harvard? Just asking...no need to censor me.
York Peppermint Patties will no longer be made here in PA. The parent company closed the plant and is moving everything to a new plant in Monterrey Mexico. I wonder if they will be called "Monterrey Peppermint Patties" to cover the truth in advertisement requirements.
I'll bet those laid-off (forever) workers know the feeling of fear right now. I won't ever buy one of candies again.
Same way with Pfaltzgraff Pottery, an almost two hundred year old firm here in York County (founded 1811,) closed by new owners in New York city, and moved the factory to China.
They just had to close down all of their pottery outlets coast-to-coast. Good riddance.
But don’t worry. A once proud American brand (now made exclusively in China) will still be available at Wal-Mart.
Die traitorous American scum companies.
A lot of them are going to learn the hard way the lesson of Henry Ford: For the American worker to buy your product, he must make a living wage HERE!
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Possibly an idea for a new thread Keith? Get everybody to report in on long-standing, but well known, local companies in their area which have been off-shored or tanked by greedy management.
But don’t worry. A once proud American brand (now made exclusively in China) will still be available at Wal-Mart.
Die traitorous American scum companies.
Remember folks, the more H-1B visas companies ask or get, the more they outsource to China or Mexico or India, the less you spend. Boycott all of them, don't buy a thing. Your wallet has more power than your worthless votes. Let them starve with us. We'll bring them to their knees.
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