Morgan Stanley Has Lowest Close Since December 2008, Down 40% From Jim Cramer's "Dirt Cheap" Level

Tyler Durden's picture

Little to be said here: everyone's favorite proxy of all that is broken with Europe, and now the retail investor, Margin Stanley just closed at the lowest price since December 2008. The move lower continues as Zero Hedge warned back in September of 2011. Compare this to Jim Cramer's February 2 pronouncement that Morgan Stanley is a "dirt cheap stock"... at $19.66!? The 40% prolapse in the four months since (120% annualized?) probably make it dirtest cheapest?

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Colombian Gringo's picture

Cramer recommending MS is like Obama recommending Obamacare.  Both are losers. Cramer should start blowing Obama and close the loop.

achmachat's picture

Dear Jim,
Please give us a sign that you are reading this.


tmosley's picture

Preferably by jumping off the top of 30 Rockefeller Center.

DoChenRollingBearing's picture

Hey, Jimbo!

What's cheaper then dirt?

Bastiat's picture

Shit?  Actually fertilizer is not that cheap.  Biohazard waste? 

Cramer is embarassed all the way to the bank.

idea_hamster's picture

Cramer's business model: hump your leg and bill you for a massage.

hedgeless_horseman's picture




Photo Credit

Dear Jim,

Is it true the US Government agreed to stop its investigation of your company, if you became uber-perma-bullish to the tune of saying things like, "Everyone gets long here and nobody gets hurt?"

By "nobody" did you really mean you?


PS: When you die, say hello to Goebbels

The Monkey's picture

Time for a relief rally.  CUSIPS I cover narrowed after the mini-blitz of EU headlines today.  MS bonds have held up relative to shares - financials are oversold and a short squeeze is in the works.

AlaricBalth's picture

Cramers track record is documented here through March 29, 2012. Would love to see the update through May. Significantly trails S&P 500 index over 3, 6 and 12 month periods.

Any serious investor knows he is a complete tool.

dark pools of soros's picture

someone needs to get the sheep to buy at the top..  he is great for his team

Problem Is's picture

A retard in a group home watching CNBC rocking and drooling knows Cramer is a complete tool...

Buck Johnson's picture

I totally forgot about that investigation, his but almost went to jail.  I bet our right, I bet your right. 

otto skorzeny's picture

Goebbels said what he believed- didn't spout somes pseudo-crony-capitalist bullshit. And he had the stones to put a bullet in his head when the shit went down.

piliage's picture

Q:"What's cheaper than dirt?" A: Your portfolio after listening to this asshat.

I quote Michael O'Donoghue, "I don't think television will ever be perfected until the viewer can press a button and cause whoever is on the screen's head to explode."

A small child, with Down's syndrome, flipping a quarter would give more accurate stock advice than this douchebag.

zorba THE GREEK's picture

In all fairness, my brother-in-law started taking Cramer's advice last year and now he's a millionaire.

Problem is, last year my brother-in-law was a billionaire. 

Pladizow's picture

In Jims defense he thought he was talking about buying Multiple Sclerosis!

Freddie's picture

I would pay good money on pay per view for Cramer, a lamp post and a rope.   He is a POS.

Arkadaba's picture

Double post but let me vent about the queen's jubilee:

I can't believe so many taxpayer dollars are going to support this parasitical family. And Canada is the worst!

poldark's picture

As long as it is not your money what's your problem?

In actual fact I would be willing to pay extra tax to have Brittania re-commisioned.

I would rather we spent money on that than giving £15bn pa to the EU

The total cost of being in the EU is £48mn a DAY.

Arkadaba's picture

Thought you said you hated ZH and were going away a few days ago - just asking?

Widowmaker's picture

Faggots don't jump, they die of broken priorities, marginalizing themselves one lost and broken argument at a time.

The fact that Fag-Fan #1 has any viewers at all is testimony the market bitch has a long way to fall.

knukles's picture

Oh come on, cut the guy a break.
It was dirt cheap.
Now dirt cheaper.

Pretty soon people'll be wrapping fish and chips in the cerificates.

halflink123's picture

IMO there are plenty of people on Wall Street who are either (1) incompetent or (2) grossly dishonest and lacking any moral or ethical standards.

Now, I don't know which of those 2 Cramer fits into. My guess is both.

Cramer = Buy what's going up + sell what's going down + Buy financials, but only TBTF financials b/c those are his overlords.

Could it be that I've cracked the code?

FlyoverCountrySchmuck's picture

If you averaged down, it's a GREAT DEAL!!!


optionking's picture

your money is safe at Bear!

Gringo Viejo's picture

Actually, you gotta love this guy. An in- your-face huckster, the real life Flim Flam Man, and the lumps keep throwing money at him. As Eli Wallach said in The Magnificent Seven..."if God had not wanted them to be shorn, He would not have made them sheep."

Questan1913's picture

Gringo Viejo




Really?    Your ethical and moral compass permanently points south, and celebrity is EVERYTHING, right? 

DanDaley's picture

Sarcasm...that's how I read it.

BandGap's picture

You're assuming he hasn't already done so.

Soul Train's picture

Cramer is a manic depressive blowhard. This is just fact. If you have ever met him and tried to look him in the eye, you would know he has serious issues.

Some viewers of his 'showmanship' are mesmerized by him. This is not uncommon, as some manic depressive personalities can be alluring during their mania.

Rapid speech, pompous, arrogant, in control, etc.



Jake88's picture

when is he ever depressed. i think you may be a blowhard as well.

JimS's picture

Large groups of people were mesmerized by Hitler too. I think you are on to something here.

piliage's picture

Ah, I get it. So the stock picking and blowing up trillions of dollars of personal wealth is some extroverted gestalt therapy for him. Wonderful.

Can't we give him a pill instead?


Its_the_economy_stupid's picture


You win. THE funniest post I have read today


Lost Wages's picture

The fact that Cramer still has listeners never fails to amaze me. I heard one guy call in once and say he made money off a stock tip, but I figured he was a friend of Jim's.

Mr Lennon Hendrix's picture

He threw in the towel on fb today, after his viewers lost 40% on his advice.  The dude can't win.  Luckily for him, he will always have a job fluffing the Bavarian Illuminatti in a castle in eastern Europe.

swmnguy's picture

There would be the signal to buy FB.

Jay Gould Esq.'s picture

<< Luckily for him, he will always have a job fluffing the Bavarian Illuminatti in a castle in eastern Europe. >>

By God, that was classic.


Mr Lennon Hendrix's picture

Cramer should pack up shop.

tony bonn's picture

speaking of pompous arrogant assholes, jim cramer walks on stage....

Beevreetr's picture

Multiple investigations will do that.

Liquid Courage's picture

How anyone can still stand to look at this douche is one of life's abiding mysteries. I swear when he looks in the mirror, his reflection blows him a raspberry.

goldencross10's picture

Him Doug Kass and Dick Bove have to get a new CNBC show for all the winners out there who want to make fast $$$

Lux Fiat's picture

"Big Time Blow'd Up Trading" - coming soon to CNBC?  But the only thing that gets blow'd up is your acct if you're mindless enough to take the advice.

Normalcy Bias's picture

Fade this Carnival Barker...

Temporalist's picture

I watch Jim Cramer because he has funny buttons to push...just like Ben Bernanke.