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Cramer's Latest Wipe Out Call: Buy Best Buy December 17 $44 Calls For A Total Loss
The man who has become an embarrassment to clowns everywhere was out on Friday literally screaming his usual schtick. That said, the good thing about clowns is they don't give you advice that will make you broke. Unlike Jim Cramer. In his December 10th segment, Cramer says: "I would be willing to risk a small amount of money December $44 call options, they expire on Friday." Oops. Total loss on that small amount of money. And what is even funnier: "Best buy gives us a window into what people are buying for the holidays, so we hear what products are selling." Er, none? As always, trademark Jim Cramer entertainment that will leave you broke.
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But will he apologize on tonite's show?
Ritual suicide would be an acceptable apology.
ZH needs a like button.
+1
+2
Winner of the most disturbing avatar.
Is P.P. a personification, hyperbole, allegory, oxymoron or just a common moron?
a +/- system in general would be great.
+1
'Cramer disclaimer'.
Nope. After all, BBY can still stage a come back.
Remember, there's just 3 trading days left until Friday.
That's right, and we're in a bull market! Nothing can go down.
.....and " in Bernanke we rust ".
...and Buy The Fucking Dip.
Done man, done many times $$$...
Never go full retard!
I get wood every time Tex posts, something about his avatar...
Keep posting Tex!
more importantly Tex, who's the lovely in your avatar? ;-)
why does the shit that spews from this gobshite's grill even make it onto ZH anymore. He's been proven a hack ad infinitum!
This obsession with how big a fuckhead Cramer is, is swiftly becoming an indictment upon those who continue to give him their time and read about him.
At least he's getting paid for this crap, no one on here get's anything besides stupider for the experience.
Enough with the Cramer already, just ignore the idiot!
You couldn't resist the siren song of a Clown bashing either.
BOOOOYAaaaaaaa!!
The guy has become a total train wreck. One would figure it gets embarrassing for him to even on the air anymore when call after call literally detonate his his zombie followers. How anyone can buy a stock he pitches is just beyond my comprehension.
Hell its been going on for ages, look at his strong buy all-in call on Bear Stearns the day before it folded. Cramer just goes on.
It is actually really difficult to make calls as bad as he does close to such news. Let's play the game too. What will get tanked in the next 72 hours? Therefore, what will Crammer pump? I'll take Boeing.
If he wasn't making so much money, I'd start to feel sorry for him. Sort of like the retarded kid at recess...really easy to pick on.
Cocaine will do that to you.
Look at Kudlow.
Best Buy and Best Clown
From the cardboard boxes under the overpass they screamed BOOOYAAA
"From the hooches down in Hoovervilles, over the country far and wide, screams of 'Booyaaa!' erupted from the rabble, as the fleeced feasted on rancid meat and drank moonshine, gathered around the lone portable television to seemingly pray for a miracle from the clown, and spend another long, cold night under the December starry skies."
Cramer is CNBC quantified.
Just hedge your calls one to one, and you're laughing it up now.
But he does make a good contrarian indicator. Amazing how many people listen to him and many of his calls work for a very short while on the news ? And then ?
He called the bottom twice in 08. The false bottom at 8600 and the real bottom later. I put in half at the false alarm and every penny I had at the real bottom. Just like Tyler D you have to pick and choose which advice to follow. Cramer has definitely missed a few.
then his your fault...remember when you are gambling on the red on the roulette and you had that hunch it was black...well...casino - fed sponsored style...
He seems to be slurring more than I remember.
I'm loving the Best Buy and Cramer ads that come up on ZH on articles like this.
I love the irony.... why do they pay $$$ to advertise on here? Fine with me, at least ZH is getting some of their coin...
I love the irony.... why do they pay $$$ to advertise on here? Fine with me, at least ZH is getting some of their coin...
If he's still on the air, someone must be watching his schtick, but I can't for the life of me imagine why!?
Is Cramer drunk? He sounds hammered.
Xanax
Clown's on Clozapine...
he is on the teevee Mabel, yeah just LOOK at that PICTURE Pa!
Euthanize Cramer on the Christmas Eve program.
CNBC's gift to TV viewers right befor they sign off for good, replaced by a "reality" show based on hunting down and prosecuting financial terrorists.
Naaaa, he's a sad clown.
The people behind the curtain, at Bastion de Saint-Antoine, are the ones who need to be dealt with.
Metallica: "Kill 'Em All"
but he advertises here and besides he makes me look like a genius
He's laughing all the way to the bank. I wish I could whore for that kind of money.
is that a joke!
whore , bwhaaaaaaa
I wonder which one of you guys is him on the board.
Not me.
Could likely be you?
It could be, I have been wrong a lot lately. If I was him I think I would be engaging you guys on fundamental issues. I like charts and don't have any bones to pick with anyone here.
Not me. However, I do hope to one day aquire enough Extranormal points to afford the Cramer actor.
I typically do the opposite and win 90% of the time.
As solid a trading plan as any...do the opposite of Cramer is actually a better past performance record than any other I can think of.
Why do they let him on the TV anymore? That asswipe couldn't pick his nose without instructions.
Cramer is the only grown-up I can think of who could trade successfully with the 19-year old video gamers. Give that guy a case of Red Bull, and I bet he could out trade even the fastest kid behind the terminal. As long as he follows motion on the screen, that crack-head could probably make a fortune. If Mad Money gets booted off the air, he'll have no problem starting up another hedge fund and making millions. Sad, but true.
why didnt Madoff think of that? he could have been saved...
Once you are 'in' you are protected by the others who are also 'in'. Cramer is indestructible, and it has nothing to do with his financial acumen.
He's the PR to the masses for The Squid. They probably needed to cover some small expense so they sold some premium into the willing hands of his brainwashed public. Never trust a Squid...
Thanks for repeating my post. I am sure there are some interesting people here as per their professional station at this time and I am sure Cramer is here as well.
Indeed...sad and true, he is a financial entertainer, a salesman.... his trading/investment style does not take a lot of intelligence--it works well during strong bull trends and when chasing momentum is profitable, he is a Johnny come lately to most of the issues he pushes upon his flock of sheep. This works until it doesn't, then there is hell to pay and a mass slaughtering of sheep ensues. He becomes a good contrarian indicator--eventually, when the timing is right.
Robo, in one of his earlier books he credited his former wife, the "trading goddess" vs. himself. Been downhill since.
Or does he have a front-running operation with a classmate, maybe Client No. 9?
(and I enjoy your posts, with or without the incredible distractions ;-)
- Ned
I guess Brian Sack didn't POMO 100,000 Sony Bravias...
Bennie had better not give Sack another day off, ever. Bonds are being blowtorched on POMOless Tuesday.
I dont like Cramer, and dont trade Best Buy, but Best buy sales of..... quote Er, none?
How about ...Sales fell 1 percent to $11.89 billion
thats 48 billion a year, not none.
Hello, Mr. Hooligan. Please meet Mr. Hyperbole.
jim cramer is the paris hilton of the financial world....
What an insult to tan blonde sluts everywhere...
There must be a lot of guys out their in tent cities thanks to Mr. Cramer and friends.
Most of them must have a gun left.
Why dont they use it?
They have nothimg to lose.
Ore are they still dreaming the American Dream?
Cramer says buy...sell Cramer says sell...buy. Simple
"...speculate on Best Buy...in Bernanke we trust..."
What a joker.
Let's put a SMILE on that face!
There must be a lot of guys out their in tent cities thanks to Mr. Cramer and friends.
Most of them must have a gun left.
Why dont they use it?
They have nothing to lose.
Ore are they still dreaming the American Dream?
CRAMER JUST MADE BEST BUY GO BANKRUPT!!!
It's All Just A Little Bit of History Repeating, or something like that:
http://www.thestreet.com/story/891820/the-winners-of-the-new-world.html
"You want winners? You want me to put my Cramer Berkowitz hedge fund hat on and just discuss what my fund is buying today to try to make money tomorrow and the next day and the next? You want my top 10 stocks for who is going to make it in the New World? You know what? I am going to give them to you. Right here. Right now.
OK. Here goes. Write them down -- no handouts here!: 724 Solutions (SVNX), Ariba(ARBA), Digital Island (ISLD), Exodus (EXDS), InfoSpace.com (INSP), Inktomi (INKT), Mercury Interactive (MERQ), Sonera (SNRA), VeriSign (VRSN) and Veritas Software(VRTS).
We are buying some of every one of these this morning as I give this speech. We buy them every day, particularly if they are down, which, no surprise given what they do, is very rare. And we will keep doing so until this period is over -- and it is very far from ending. Heck, people are just learning these stories on Wall Street, and the more they come to learn, the more they love and own! Most of these companies don't even have earnings per share, so we won't have to be constrained by that methodology for quarters to come."
February 29, 2000
Sincerely,
James J. Cramer
Professor Emeritus at the iTulip University of FailBoat
Well, Veritas didn't do to bad :D
lol, oh wait, they reassigned that ticker symbol. It went bankrupt too.
His best pick has lost 60%.
Hilarious.
TAKE MY SHOW AWAAAAAYYYY!!!!!!
Cramer says, "Just buy the fucking dips!"
What a fucking clown. He must have the best meds to totally ignore his continuous bad performance.
The world's most expensive whore.
Ok..one he is a clown an entertainer. Two, do I detect some jealousy? I mean you have to love America in the 21st century that a guy who everyone who is a "serious investor" agrees is an idiot is amking big bank doing his clown thing. I mean come on they just put a $40.0 million accelerated depreciation provision in the tax bill for NASCAR tracks. I for one am very glad that we as a nation will have a competitive advantage in NASCAR tracks. So why not Jim Cramer. If you think about it for a moment it really all does make perfect sense. I mean Cramer is the Dr. Rockzo of the investment world...ca ca cocaine.
aaaaaaaaayyyyyyyoooobbbbbbb.... he get's everything else backwards
Aaannnnddd....... it's GONE!!!!!!
Should have been your first clue to sell them.
The guy gets paid fo pump specific stocks- hes basically Budd Fox circa 1987. Running the phone books, pumping and dumping. Because his ugly visage is on TV gives him legitimacy- like another fat loser Roger Ebert.
Roger Ebertwas a talentless B writer who became a revered movie reviewer.
Who died and made both of these clowns Grace Kelly?
For the lazy suckers that don't bother doing their homework- this is what you get. Best Buy pumped on you like a rabid horndog and they head for the hills.
So Action Alerts is not on your Christmas list then?
Where's Dennis Kneale?
DavidC
On Fox Business News now. And on Twitter. He is truly ghastly on Twitter. Banal. Check it out.
Paid so much attention to how bizzarely similar he sounds like Daffy Duck and him throwing gang signs at approximately 1:20... I missed the Best Buy recommendation.
The two faces of Jim Cramer:
http://maxkeiser.com/watch/stench/jim-cramer-explains-how-the-stock-mark...
BBY
35.33 -6.37 (-15.28%) Dec 14 12:03pm ET
Open: 35.59
High: 36.15
Low: 34.25
Volume: 33,151,341
Don't do what Cramer says, do the opposite. If he says buy calls, buy puts. His track record is nearly 100% wrong, so a contrarian move would have a very very high degree of success.
That's not necessarily a good call to do just the opposite, you have to decide whether it's a good idea to be a buyer or seller of premium 1st. Just doing a call or a put is also bad as it's expensive and you're letting your principal decay. Have to consider if just doing a vertical or broken win fly works better, etc.
Elohel
Who has been bullish on stocks since late 2008?
Cramer or Zerohedge?
OOPS.
You mean who IS ALWAYS bullish on stocks, and has been, with brief 5 minute respites, forever?
Yep. Cramer sure CAN'T beat a monkey who randomly bangs on shit when tickers are put before him.
Stick with Cramer on money you scrape up from solvent relatives, like you probably did in 2000, '02 and '08.
You didnt answer my question.
Your question is rhetorical rubbish.
When Cramer's not uberbullish for a 3 week period of his life, then get back to me.
At that time, your question will still be rhetorical rubbish, only slightly lesser so.
Why not ask me whether I can hit a dart board blindfolded if given enough darts and time?
inkt...who was bullish at DOW 14,200? OOPS!
Cramer is the Bessemer furnace of capital incinerators...and when they were paired, some years ago, Larry Kudlow was Chief Stoker. Par for the course, "actionable" programming, from CNBC.
Forget his show for a minute and have to love when other hosts bring him on as an "expert analyst"... It's a train wreck you can't look away from.
I wonder what demographic actually watches and continues to keep him on the air. Maybe aging boomers.
I'm severely disappointed that the offical ZH catch phrase "tragi-comedy" was not weaved into this post.
I expect better.
Mad Money - You can't afford to listen!
What's important with any forcasting model is consistency. Cramer is consistent, you just have to understand how to use him.
I love the re-iterate buy SKX Skeetchers at $37.36 July 29 .....before it traded at $19...now $21.. Here it is:
07/30/10 - 11:20 AM EDT"" On his Thursday Stop Trading! segment on CNBC..Cramer, a "shoe bull," said "it's very clear that this is one of the prevailing bull markets in otherwise not so bullish tape for retail."
Shoe retailers Cramer said he likes include Steve Madden(SHOO_) and Skechers(SKX_). He added that he think both company had "great" quarters and are "dramatically" undervalued stocks. ""
http://www.thestreet.com/_yahoo/story/10822626/1/cramers-stop-trading-steve-madden-skechers-northrop-grumman.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
Why do you get upset at what Mr. Cramer suggests? It's just another voice 'telling you what to do.' If you've got a bit of sense you have to follow your own plan and don't get distracted, regardless how good or bad the external suggestions are, it's much worse to get distracted.
so you are TELLING ME not to get distracted?
That UPSETS me so , boooyah babe mega BOOOOYAHHHH
Would not "being distracted" work if one was intending to be MR.!CRAMERIZED!
ho ho
Do Zero Hedgers Want to Chip In??
And buy Cramer the Clown a giant Douche Bag for Xmas?
At least Clown is a consistent loser with Bozo hair and never fails to make me laugh...
What more could you ask from a Clown?
"Should I be worried about Bear Stearns in terms of liquidity and get my money out of there?"
"No! No! No! Bear Stearns is not in trouble. If anything, they're more likely to be taken over. Don't move your money from Bear."
3/11/08
play it backwards and I hear: "VIX APRIL 2011 30 CALL"
Nice avatar
Had Money, with Jim Cramer!
Witty.
Damn him....I was gonna buy the dip on MIPS today before I found out he called it out last Wednesday, so the Cramericans were probably the ones that bid it up the next day. Now I'm back on the fence.
America put all their money on BB.
listen ,anyone that gives 3,000 trading ideas an hour has to be wrong once in a while, but that one winner out of 3,000 is well worth an hour a day of your life. Flipping hot IPO's due to his friendship with Spitzer and the media and he still lost his mind, family and respect.
That is probably the dummest person on TV I have ever seen. I mean come on, just about 3 seconds are enough to figure out that this is an over the top trash show.