Does anyone believe anything Cramer says anymore?
https://finance.yahoo.com/news/jim-cramer-says-international-business-094722004.html
11 replies (most recent on top)
Let's see what happens on the upcoming earnings call... the IBM stock has been on fire... is that justified? Well, we are about to find out...
If reinventing means firing tons of people every quarter so that the stock price goes up, then yes, he reinvented it.
What has AK reinvented ? how to cook the books ...
No that's been normal operations here for at least 15 years.
company is getting drastically smaller and smaller every quarter and he's reinventing... lol
I imagine the conversation with AK and his PR lackey went something like this:
PR Lackey: We got Jim Cramer to leave you a good Yelp review.
AK: Excellent. Who else?
PR Lackey: That was it. We couldn't get any first, second or third-tier analysts. And he was the only one we could afford who would also accept McDonald's gift cards as payment.
AK: Well, it's not the Wall Street Journal, but I'm sure it will be more than enough to distract from all the RAs. Did you remember to pick up my dry cleaning?
What has AK reinvented ? how to cook the books to make IBM look like it is a viable company ?
Layoffs to meet quarterly reports is not reinventing the company.
You mean the always-wrong "Buy Bear Stearns and sell Apple!" Jim Cramer? I wonder how much they paid him and whose salary it came out of because that's the only way they're going to find someone to say anything nice about Dear Leader. This was the best they could do after Time and Oprah failed to see any value in IBM. Show me someone who says anything good about IBM these days and I'll show you a paid hack or simp.
Cramer is a clown that has mastered the art of always being wrong. Remember when he told everyone in 2008 that Bear Stearns stock was fine right before it collapsed. Anyone that listens to him deserves what they get.
Kramer is the life and soul of the party that can't find the party - no wonder he gets nowhere with his crass stock predictions. You have to wonder what he's going to say when the IBM stock takes a drop, as it will. Enjoy it while it lasts ?
Cramer says IBM might be on the up? Cr-p - we're due for a 90s style crash then.