Date: January 10, 2011; Source: Jim Cramer; Title: "10 Reasons To Buy Bank Of America"

Tyler Durden's picture

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Steve Evets's picture

When did Cramer bash BAC?

spiral_eyes's picture

bullish is one letter away from bullshit. that t is damn important right now, though.

http://azizonomics.com/2011/08/08/blue-monday/ 

alien-IQ's picture

How many calls like this is he allowed to make before he's yanked off the air for the sake of the investing sheeples well being?

jus_lite_reading's picture

Cramer is the Blue Horseshoe... he shills for Whore Street!!

hedgeless_horseman's picture

"Everyone gets long, nobody gets hurt."  -Cramer

Google translated from lieish to truthish

"I tell everyone to get long, SEC stops investigating my company, TheStreet.com"

High Plains Drifter's picture

when that yid used to own a hedgefund, he used to destroy computer monitors all the time and yell and scream and throw things at his employees. i promise you this. if he ever threw something at me, that would be the last fucking time that bozo acted like a fool.............

yipcarl's picture

Love it Love it.  BlueHorshoe LOVES Anacot steal.... nice.  He definiately is..just another one of their spokes....

FEDbuster's picture

With all these ETF firms running out of fresh ETF ideas, couldn't someone start an Inverse Jim Cramer ETF?  Symbol JCBS?  Take every recommendation buy and sell, and do the exact opposite (like George Costanza in the great Seinfeld episode).

Diogenes's picture

It sounds like you could make a fortune coppering Cramers tips. Anybody tried it yet

Chuck Walla's picture

He'll make as many calls as TPTB need.  This is vintage Cramer, he was better suited to Seinfeld.  Believe me, if anyone makes money with Cosmo there, its just a happy coincidence.  I can't beleive he's still on either.

monmick's picture

What he really meant to say was that it was safe to leave your cash on deposit at B of A...

DormRoom's picture

hey, Paulson got it wrong too.  His Advantage fund is about to implode.

FEDbuster's picture

Ironic that the guy who made billions betting against the mortgage market, loses billions betting on the bank who was stuck holding the bag on all those bad mortgages.

hedgeless_horseman's picture

Lose billions?  He likely sold into his viewers' bids.  No irony, only shame.

swissinv's picture

fuck off cramer bitch *apologies

Greater Fool's picture

Ah, the dreaded Jim Cramer Vote of Confidence.

Look out below!

Pegasus Muse's picture

Cramer:  "And unlike Countrywide, Merrill’s reputation was never tarnished."

Selective memory loss.

=======

Bank of America to Buy Merrill Lynch for $50 Billion

http://www.cnbc.com/id/26708319/Bank_of_America_to_Buy_Merrill_Lynch_for_50_Billion

"Merrill came under pressure to find a merger partner came after its liquidity began "evaporating" Friday and the firm became worried about a sharp decline in share price on Monday, according to people inside the firm.


Merrill is expecting huge job losses with the merger. The brokerage division will stay intact, but there will be large-scale reductions in workforce. CEO John Thain is also expected to leave.

"It's over," said one senior Merrill official.

The deal comes as Lehman Brothers Holdings prepares to file for bankruptcy after failing to find a buyer.

A Merrill Lynch spokeswoman and a Bank of America  spokesman could not immediately be reached for comment.

Merrill, stuck with some of the same toxic debt -- much of it mortgage-related -- which torpedoed Lehman's balance sheet, has been hit hard by the credit crisis and has written down more than $40 billion over the last year.

ToNYC's picture

 

David Faber got the worst deal. Faber's studied remarks are muted as necessary at 9AM. David will survive; pray for his patience.

doomandbloom's picture

harakiri, bitchez

Abitdodgie's picture

I don't have TV so I have never seen Cramer before , but having seen that clip , well no wonder America is fucked I mean people actually listen to him . Years ago I bought AU/AG and felt kinda bad because in the long run I knew I was betting against America surviving , well I feel a whole lot better now .

fellatio is not fattening's picture

I have been a big fan of Cramer for a long time, however since getting the gig on the floor of the exchange daily he has become more of a buffoon, and I have lost much respect for him and his antics in the last 12 months, his time has passed and I do believe that he is costing people serious money.

TruthInSunshine's picture


The Winners of the New World - TheStreet

The Winners of the New World By Jim Cramer February 29, 2000 - 09:42 AM EST

Editor's Note: James J. Cramer is the keynote speaker at the 6th Annual Internet and Electronic Commerce Conference and Exposition, held today at the Jacob Javits Center in New York City. We're running the full text of that speech here.

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.

TruthInSunshine's picture

In Cramer We Trust

Just skip to 3:10 (because Jon get's a lot wrong about Santelli, IMO, but NAILS the rest - regardless of how you or I feel about him - CNBC's tape speaks for itself, sadly, in which CNBC recommends buying Bear Stearns, AIG, and Bank of America, among many others, at or near their all time highs).

cramers_tears's picture

What a 10 year return here!

OK. Here goes. Write them down -- no handouts here!: 724 Solutions (SVNX)-IPO @71.81 Sued for Tie-In Trading Class Action -Acquired BY Mobilex&others @3.60 in 2005, Ariba (ARBA) 3/2000 $778/shr - now $26.55 - but hey at least it still existsDigital Island (ISLD) acquired 6/2001 by C&W all cash offer @ $3.40/shr, 1999/2000 stock price ~$116 , Exodus (EXDS) Chapter 11 Bankruptcy 9/26/01InfoSpace.com (INSP) 2000 @ 4.65/share - 2011 @8.67/share (this is his big winner!)Inktomi (INKT) Mar2000 $241/shr - Acquired by Yahoo 2001 @ 1.36/shr, Mercury Interactive (MERQ) - TOTAL BADSonera (SNRA) TOTAL BADVeriSign (VRSN) Mar2000 @248.59/shr - now $28.22/shr but again the only other pick that's still around and Veritas Software (VRTS) 1st Qtr 2000 High $174/shr, Repeated Accounting Restaters/Fraudsters under Lochnar  - Merged into Symantec 2005 @27.38/shr stock swap.

NOTHING BUT WINNERS! DAMMIT... Y'ALL BETTER STOP TALKING BAD ABOUT ME OR I'M GONNA START CRYING... AGAIN.

Actually, Cramer may be a very good Contrarian Indicator.  He's like the summer of George... just do the opposite.

oogs66's picture

he is on more and more, how screwed up is that network?  and worst of all, he is the only one who still talks about stocks! the rest might be worse

FEDbuster's picture

You mean the disclaimer they post after each time this ass hat opens his pie hole isn't enough?

ToNYC's picture

 

"You need to get in the game!"

 

RubberMartyr's picture

The Maria Bartiromo newsletter seems just as informative!

Peter K's picture

I think that since the OBAMA "Immaculation", CNBC has transformed itself into a political format disguised as a business channel. How else do you explain hiring Howard Dean as the channels official political officer ;)

AS to Cramer, he hasn't been the same since Jon Leibowitz aka Steward distroyed him after his rant about how he (Cramer) was going to raise an army to do battle with HopeanChange OBAMANOMICS.

oogs66's picture

maybe they can do dress down friday and have mandy in a bikini all day long, ratings might go up

sellstop's picture

Kramer is very bullish on Gold too!!!

gh

JackES's picture

seriosuly, can ZH go lower?

not to defend Cramer who is at the same class as ZH, ZH has been bearish on US quity since 03/2009, my take is ZH missed the entire bull run. And now ZH picks up some Cramer's wrong calls to laugh about him?

 

gezz, check out ZH's posts regarding US equity since 03/2009. give me a break.

Tyler Durden's picture

Zero Hedge has told readers to avoid manipulated stock markets entirely (repeatedly) and if so tempted, to put money solely into non dilutable precious metals. Stocks when priced in gold are well below the March 2009 low. Feel free to redo your calculation. Reference: March 18, 2009.

adr's picture

Because it was not a bull run. It was an artificially inflated market backed by false money and the expansion of debt which can only result in a total collapse of epic proportions. Also if you look at the market in dollar terms it actually did not go up at all. Just as you can get inflation in real goods you can get inflation in stocks. The only thing that happened is that it takes more dollars to buy just about everything, the actual product didn't change its value at all.

You should read your history and look what happened to the market right after 1929. I bet people were proclaiming the crash was not the start of an economic downturn that would last and the roaring bull market of the 20s had returned. Only to completely collapse when the country realized there was no real economy and the consumption bubble of the 20s could not be sustained.

augie's picture

would you mind explaining that to, say, oh i dont know, EVERYONE ELSE IN 'MERICA!?!

karzai_luver's picture

ru(i)nning of the sheep.............

 

bwhahahaaaaaaaaaaaaaaaaaaaa

 

 

d00daa's picture

hahahahahahahahahahaha someone's an extremely bitter, very trapped long.   hahahahahahahahahahaha you and foie gras should get a room.

firefighter302's picture

 JackEs... I have genuine pity for your inability to see the difference in Cramer and ZH.  

snowball777's picture

Wait until you see it priced in lira!

Do you tell women how big your cock is in millimeters too?

spankthebernank's picture

Jack, you are precisely the blind sheep so often referred to on this site...go back to the pasture with idiot Jimmah.  Cramer is an in your face crook.

TonyBoomBoom's picture

As Peter Schiff has said when looking at stock market "growth", and i'm paraphrasing here; I can open up my fridge and look at my groceries and they have outperformed the stock market.

I can't even make guacamole anymore because avocados are just so damn expensive! And I love guacamole! 

H. Perowne's picture

Fail troll is failing. Also, losing, quite badly. Had Money, with Jim Cramer?

PY-129-20's picture

LOL Who in the whole world would take this clown seriously?

Is he now doing his show from the Bunker set of Downfall?

Caveman93's picture

God this guy is an idiot. 

JackES's picture

to me, every time when US equity drops, ZH thinks it's reasonable and should be.

when it's up, it must be the job of PPT. ouuch, what can you say?

d00daa's picture

what can i say?

i can say that it looks like someone is trapped long and extremely, extremely bitter.  foie gras has nothing on you.

the ass-raping you're receiving was inevitable, so you might as well just sit back and enjoy it.