GM Slides On Big Miss As Jim Cramer Does It Again

Tyler Durden's picture

What better way to assure your company has an earnings bomb? Have Jim Cramer tout it before earnings of course. Sure enough from January 28: "GM sales are going to be superb", and "Europe's coming back." Fast forward to today when GM reports Q4 revenues of $40.5 billion which missed expectations of $40.9 billion, and EPS of $0.67 vs the $0.87 expected. Additionally, GM's global market share just dropped to 11.4% - matching the lowest in the past year.

So much for the superb sales. As for Europe? Well, as the chart below shows, Europe just posted its weakest quarter in the past year...

And don't count on much growth either: CapEx was down to $7.5 billion in 2013, from $8.1 billion in 2012, even as the company's total free cash flow declined from $4.3 billion last year to just $3.7 billion.

 

And all this even despite the second highest channel stuffing in post-bankrutpcy company history:

 

Sure enough, stock does this:

Finally, heeeeeeere's Cramer.

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Sterling Rod's picture

Buh Buy Bye... to those taxpayer funds

Motorhead's picture

Cramer...another member of the Dorkus Maximus club.

GetZeeGold's picture

 

 

A couple more calls like this and Cramer can write his own ticket at Fox Business.

Gringo Viejo's picture

Wonder how many sheeple this guy has sodomized over the past 15 years?

Cacete de Ouro's picture

Cramer either looks drunk in that clip slurring his words or else he's chewing the hell out of his gums after a few lines of coke..
weird mouth movements

tarsubil's picture

<-- Coke

<-- Alcohol

I'm going to go with coke.

buttmint's picture

El Gringo..ouch...but any of us have friends that after they depart, we NEED to pick up the hash pipe? After a Cramer viewing, I need to roll a spliff out of newspaper!

eurogold's picture

Cramer is such a douchebag. I can't understand why he is still given Air-Time

Motorhead's picture

That clown is a member of the Douchebagus Maximus Club as well.

bobnoxy's picture

''Cramer is such a douchebag. I can't understand why he is still given Air-Time''

Let me take a shot at that one. Because he's willing to say anything for a paycheck he couldn't get anywhere else, like those clowns Kernan and Kudlow whose ratings have tanked when people stopped listening to them, but they keep their jobs anyway?

Maybe you just don't listen to any of them, so you just don't know how utterly inane they are. But they answered those job ads for lying whores, and someone had to get in.

Lux Fiat's picture

For some reason "Oops I did it again" by BS comes to mind.

 

Cacete de Ouro's picture

Cramer has no idea how bad it is out there, NO IDEA, he has no IDEA...
He needs to open the (discount) window... and take a look out... He has No Idea!

Ed: that's quite enough Cramer jokes for now...

Rafferty's picture

I can understand why he's given airtime. He's a corrupt shill who'll say anything his handlers wasnt him to.

 

What I do not understand is how anybody - anybody - would listen to him.  He's been so utterly discredited he's become a parody of himself.

Earth Ling's picture

Cramer is not only a dorkus maximus, he is a flat out criminal.  Read this expose by a former journalist from the Columbia Journalism Review to find out just how bad he is and how bad his fellows are in the financial journalism industry. 

http://www.deepcapture.com/wp-content/uploads/2009/08/deepcapture-the-story-v1.pdf

Boris Alatovkrap's picture

Boris is have joke...

Q: What kind of idiot is invest in General Motor?

A: American taxpayer

Okay, okay, is more sad story than is joke.

NoDebt's picture

Is more truth than is joke.

R-502's picture

We were taken there at gunpoint.... we didn't bail them out , our politicians threw our money at them. Don't forget all those bondholders that got screwed. Looks like the UAW is the only outfit that got the golden parachute in that deal.

replaceme's picture

I never not laugh at a boris joke, please to keep them coming!

Seasmoke's picture

But that joke isn't funny any more .....

 

The Dunce's picture

Cramer's a clown.  I can't remember the last time that asshat got anything right.  Dork.

satoshi911's picture

Once upon a time he richest stock broker in Israel, before he come to ameriKKKa and be expert.

Me thinks that he knows something about GOYIM you not know.

Goldman Sachs called Cramer the 'Great White Hope' Back in the day, you saying GS can't pick em?

satoshi911's picture

Sorry asia wife call me for quckie, never say no to woman with 'knife'

So Cramer, he sent to USA by Israel, he slip on yellow fruit, Israel say he damage head, and he to be left in USA.

MSM discovers Cramer and puts him on TV, the rest is history.

You keep Cramer, Israel not want him back.

 

xx00xx

Crash Overide's picture

If you listen to Cramer you deserve to loose your money.

Secede Or Die's picture

That train left the station long ago....

Here's how to get rich:
1. Listen to Cramer
2. Do opposit

syntaxterror's picture

But that new $75,000 Camaro Z28 is gonna be a smash hit.

Sudden Debt's picture

75K?.... don't you want any options on that car?... like a radio and stuff?

Boris Alatovkrap's picture

When Thelma and Louise is behind wheel of large automobile, you are not want to hitch ride.

fockewulf190's picture

Maybe some backdoor action and then bailing out before they fly off the cliff.  Can´t let opportunity pass you by.

Chuck Walla's picture

75K?  That's a lot of money for a Chevy!

 

FORWARD SOVIET!

Sudden Debt's picture

Cash for clunkers... wanne bet? 3...2...1...

ziggy59's picture

Weather...Excuse Roulette Wheel land on again?

Boris Alatovkrap's picture

What is AmeriKan CEO do for blaming of bad corporate performing before weather is invented?

mofreedom's picture

If CEO or Gub could control the weather, they'd screw that up too.

Boris Alatovkrap's picture

Q: How many CEO is screw incandescent light bulb?

A: CEO is too busy screw shareholder, ripping customer, and negotiate severance packaging for light bulb - is have illegal immigrant custodial staff attend light bulb.

Boris Alatovkrap's picture

Sorry, Boris is apologies for political lack of correctness... "custodial staff lacking of official documentation"

Tall Tom's picture

Regulations...so we got rid of them. (Well it was true that regulations stifled business. I am not suggesting that getting rid of them was bad.)

Now we have to get rid of all the weather. We will remove the atmosphere. That will be bad...very bad for business.

 

I think that ridding ourselves of Cramer may be a better alternative. But no...The Weather has to go.

RaceToTheBottom's picture

Didn't GM have that high-faluting new Lady CEO?

Guess Sox rules are too much for her?  No worries, they are just guidelines, anyway

Dr. Engali's picture

Cramer is one of the cretins at the top of my list that I would like to punch square in the face.

Woodhippie's picture

Thanks for the morning laugh .. now I need to wipe up the coffee off my monitor.

Smiley's picture

"I didn't quite catch that, Lou"