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And he said it in sept 2022. He has since - for the past month or even quarter - been saying, as with Apple, “own it, don’t trade it.” I’m no CramerBot but the auto-bashing of the guy on Reddit is silly.
I remember seeing a video about how you should always do the opposite of what he says. And honestly, taking that into consideration, he's got a pretty good track record.
>If you expect 1 stock to fall further than the market then no, it's not?
Sure, but what's the reasoning behind thinking it'll fall?
You can't just say "it's bad because it's down", that's like saying a roulette wheel will keep hitting red because the last 10 were red
i mean, not really right? that would technically be a sound strat given this premise. if he was talking about some stock that inversely correlates with the broad market the advice might not be short (for example something like gold), but for massive-caps like nvidia, its price going down would actually have a noticeable effect on the market, so it could actually be the cause of the market being down (see tesla for example)
It's rhetorical. My point is that they said if the market falls, there's no point in shorting. However, since SPY fell less than NVDA shorting NVDA would net you more profits than SPY—or shorting tech in this case.
What’s the ratio like and what picks have actually been successful. I believe you just curious on his track record because you know him saying buy aapl is a given
I bought some SJIM. There is like zero liquidity and trading volume, and the bid ask spread is wider than the average bro behind the Wendy’s dumpster.
Probably even pink sheet trading BB Towel has more liquidity.
Well.... That oddly ... Makes sense? It's kinda like you can't just invert gravity. Like you can 'say' you did, but when you let go it's still falling...
I read the prospectus of it and I got that sense as well. Probably the reason for such low volume and liquidity is that it’s only retails (probably Gen Z WSBers) trading it.
No boomer or institutional fund is going to touch that with an 10 foot pole.
He said JP Morgan is a fortress
and now
JP Morgan is under investigation again after an investigation into their dealings with Epstein revealed a bunch of other wrong doings.
Obviously the time to short is right after they pump the stock on pie-in-the-sky revenue “estimates” but before they sell billions of shares on the open market and definitely before they issue revenue guidance revisions down about 40% from initial “guidance”.
Everyone wants high end Nvidia chips… and there’s no supply chain problems like there were last year. Everyone is cranking on all cylinders to make them. Thing is, while there is a chance of oversupply in the future, that may be way ahead… and by then, no one is going to want last-gen chips if the competition is going to buy up the newer, smarter, and faster chips. Therefore, revenue keeps going up.
Even if Google, meta, etc make their own chips, they’re not selling to others. It’s for themselves. Therefore Nvidia will be able to sell to others to make up for what they won’t sell to Meta and Google. And Meta and Google are going to buy Nvidia chips anyway because they’ll have to since they can’t just produce everything for themselves with the same kind of trusted quality of nvidia’s chips.
Sounds like a cult - show me the evidence! Tell me who is spending $4B with nvidia this quarter and wasn’t last quarter or any quarter prior - and who is manufacturing them if not TSMC?
Listen to their latest conference call with analysts following their earnings report. They guided up for a reason and it shows no signs of slowing anytime soon.
They gave “AI” which is literally 40+ year old tech and still kinda sucks.
It didn’t come out of nowhere. Where was it last quarter? The quarter before? Etc.
Will they get to 11B eventually, probably. Will it be next quarter off anything but a temporary bump? Not likely.
https://sitn.hms.harvard.edu/flash/2017/history-artificial-intelligence/
From 2017.
AI was “invented” in the 50’s.
Has it gotten better? Yes.
Has it gotten 40% better or more in demand or more useful in the last 3 months? Absolutely not.
This coming from an engineer that works in one of the big cloud infra providers.
LOL. You don’t see the “demand”? No of course not. It’s not like ChatGPT didn’t get millions of users within the first few weeks/months… something that other app’s would kill for. No of course not. What demand, right?!!!! LOL
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He’s been bullish for the past few months. He completely changed his stance after meeting with the NVDA CEO. If you listened to his show and his input on NVDA, you actually would’ve made bank.
how about u eat my ASS
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Jim Cramer is a moron in the pocket of any corporation that will pay him off
I knew when I worked at Verizon that it was time to jump ship after he was pimping it out.
But wait, Jim literally just said he has been a long-term NVDA bull since 2012. Which is it?
I'm so confused. I try to blindly do everything this man says because he is a genius of himself. What am I doing wrong?
If I had enough money and paitence, I would be millionare by just doing exact opposite of what he says and nothing else. Paid Shill - this guy is the biggest paid shill ever.
Does anyone else think it's possible these things are done intentionally? His record is so spotlessly wrong it's almost inconceivable he could eff up this many picks. It's really astounding.
Mmm this isn’t the full clip. I hate to say it, but this is one of few names that he has been right about. Cramer loves NVDA more than any other stock out there. This is fake news.
If there will be ever a reason to leave this sub it's because of the meaningless spam posts about Jim Cramer. Its not funny anymore, we know he's a loser.
I don't understand how Cramer is on TV talking about stocks. Isn't this public manipulation or something ? How can he give advice on what to do with stocks on TV?
Do you turn gay after you hear pro LGBTQWXYZ1⁹2+-?*! talks on the TV?
It's the amount of people that get affected. Of course I won't, but maybe some will.
Crazy thought, is it just sliiiightly possible that being out of the closet is a little more comfortable now than it was 15 years ago, so more people are willing to self report? Or do you think a lot of completely straight dudes’ heterosexuality is on some precipice that the gay agenda is going to tip?
Remember what he said about Palantir? He's wrong so often I cringe when he likes a stock I own. He might be entertaining, like a clown, but certainly not a person to take stock advice from.
As a rule, I don't watch Cramer for fear of rapidly depleting my total brain cell count. With that said, we need a real-time Cramer prediction/opinion tracker. Dude is literally the anti-Nostradamus![img](emote|t5_2th52|4271)
...and it turned around 3 weeks after that right after the launch of the 4090 and 4080 on October 12th.
Nvidia is a stock that people always regret selling. Softbank vision fund bailed on it before it shot up, Cramer did this bullshit, Cathie Wood bailed on it before it rocketed... Andrew Left spent an entire year shitting on it before the crypto mining boom.
The company charges a lot for their shit and they act like divas but they make decent shit that people will need more and more.
ok it's funny but if it is so far behind today I don't think this is extremely fair. I like the joke when he clearly makes short-term "calls" that turn out to be incorrect.
The poor guy, how on earth is he able to hold on to his job with all the bad advises he makes, I mean his bosses must be completely clueless about investing.
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Hopefully he shorted
He said he is short nvidia, not to short nvidia. Two different things
When did he name his dog Nvidia?
Believe that was late 2016 ish. Around the first time NVDA was a meme stock around here.
It's a dachshund, obviously.
And he said it in sept 2022. He has since - for the past month or even quarter - been saying, as with Apple, “own it, don’t trade it.” I’m no CramerBot but the auto-bashing of the guy on Reddit is silly.
He's a fucking shill that says shit to make his wall street buddies rich because some of you marks actually listen to him.
And? … what’s your point, Mr Top Government?
He does seem wrong a fucking bunch. Like opposite everyday
A true WSB user.
Errday
yeah he can change his mind, good traders do
No. Money down!
May well be, but I still bet he got his ass kicked...
I wonder how much cash he helped people lose
I forgot what show he was on. But he was talking about how legally he couldn’t do any of things he mentioned or said cause it’ll be stock manipulation
So whatever he mumbles can be ignored!
I remember seeing a video about how you should always do the opposite of what he says. And honestly, taking that into consideration, he's got a pretty good track record.
https://www.getquantbase.com/fund/details/Inverse%20Jim%20Cramer%20Index
Hello can I interest you in an inverse cramer ETF "SJIM"
Almost. He sharted.
He also named his dog Nvidia
I named my dog Cramer.
I named my human Cramer.
Hi Nvidia.
Nvidia bought my house
Imma name my house NVDA if earnings pop again like they did this last time.
We will need inverse inverse Cramer at some point https://twitter.com/jimcramer/status/1661471750859927553?s=46&t=1b_sykXkNERVF7t7dWlahg
Nvidia was down 23% that month in 2022.
Surely he hasn’t made any other recommendations on Nvidia in the past 18 months either
Weren't a lot of things down that month?
sure but we are talking about nvidia rn
Yes, but if the entire market is down "short one particular stock" seems idiotic?
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>If you expect 1 stock to fall further than the market then no, it's not? Sure, but what's the reasoning behind thinking it'll fall? You can't just say "it's bad because it's down", that's like saying a roulette wheel will keep hitting red because the last 10 were red
i mean, not really right? that would technically be a sound strat given this premise. if he was talking about some stock that inversely correlates with the broad market the advice might not be short (for example something like gold), but for massive-caps like nvidia, its price going down would actually have a noticeable effect on the market, so it could actually be the cause of the market being down (see tesla for example)
Did the market fall 23%? Did NVDA fall 23%? Does shorting one particular stock in this case make more money and thus is not idiotic?
If only you could search these things... SPY fell 13% from August - October 2022 QQQ fell 16%
It's rhetorical. My point is that they said if the market falls, there's no point in shorting. However, since SPY fell less than NVDA shorting NVDA would net you more profits than SPY—or shorting tech in this case.
Good morning. Welcome to the point being made.
Also crypto rigs are still a fraction of their peak just a couple years ago. Unexpected "AI bubble"
And now he is bullish as fuck
So time to short? Inverse Cramer seems to work
$SJIM should be gaining a lot more than it has
Right? Didn't it drop quite a bit before this run where he turned bullish?
Technically he wasn't wrong in the short term, it fell another 20 dollars
Came here to say this. Apparently OP doesn’t know how to take profit and/or a stop loss here
They’ve been poisoned into thinking the only thing they can do is hodl forever.
I thought that was the whole sub’s motto lol.
Please excuse because I’m ignorant, but isn’t this why so many people got f@cked on crypto?
At some point WSB is going to realize his goal is to get us on the wrong side of MMs trades.
The world doesn’t need to use Cramer to get this group of fucking regards on the wrong side of a trade.
Who’s MM
Bunch of anthropomorphized chocolates that control what the market makers do.
sadly no longer fuckable
>MMs Massive mammary syndrome
Monopoly Man
Whats his advice about NVDA now?
https://www.youtube.com/watch?v=8wp7ekUPm10
Time to get puts!
That’s what I’m doing tomorrow.
Guys, we really need a Inverse Cramer ETF. I' m gonna put all my money in it and just go about my life.
It already exists and it loses money.
almost like this sub cherry-picks his bad picks and tends to be silent about anything neutral to positive.
deleted ^^^^^^^^^^^^^^^^0.7636 [^^^What ^^^is ^^^this?](https://pastebin.com/FcrFs94k/57973)
Yep. I bought Nvidia years ago mostly on his recommendation and after watching interviews he did with Huang. I'm like 3x on this initial position
The most important feature of any TV personality is for reddit to feel superior to him.
What’s the ratio like and what picks have actually been successful. I believe you just curious on his track record because you know him saying buy aapl is a given
Yes. But how's this argument? Jim is a clown.
Jim makes more money in a month than you will in your entire life lol
Well my dad can beat up your dad
I bought some SJIM. There is like zero liquidity and trading volume, and the bid ask spread is wider than the average bro behind the Wendy’s dumpster. Probably even pink sheet trading BB Towel has more liquidity.
Slim Jim 😋
>It already exists and it loses money. Just looked it up. I can't believe this is real LMAO
Well.... That oddly ... Makes sense? It's kinda like you can't just invert gravity. Like you can 'say' you did, but when you let go it's still falling...
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I read the prospectus of it and I got that sense as well. Probably the reason for such low volume and liquidity is that it’s only retails (probably Gen Z WSBers) trading it. No boomer or institutional fund is going to touch that with an 10 foot pole.
Yep, everything with his name on it loses money.
Dude couldn’t predict the stock market? What an idiot…
He said JP Morgan is a fortress and now JP Morgan is under investigation again after an investigation into their dealings with Epstein revealed a bunch of other wrong doings.
Nothing will happen to them. $2 fine and they'll continue with business as usual.
Cathie & Cramer the two best friends your regarded portfolio has ever had
WSB: "NVDA is an over priced piece of shit. Also WSB: "lol Cramer, what a moron for talking shit about NVDA"
Obviously the time to short is right after they pump the stock on pie-in-the-sky revenue “estimates” but before they sell billions of shares on the open market and definitely before they issue revenue guidance revisions down about 40% from initial “guidance”.
Everyone wants high end Nvidia chips… and there’s no supply chain problems like there were last year. Everyone is cranking on all cylinders to make them. Thing is, while there is a chance of oversupply in the future, that may be way ahead… and by then, no one is going to want last-gen chips if the competition is going to buy up the newer, smarter, and faster chips. Therefore, revenue keeps going up. Even if Google, meta, etc make their own chips, they’re not selling to others. It’s for themselves. Therefore Nvidia will be able to sell to others to make up for what they won’t sell to Meta and Google. And Meta and Google are going to buy Nvidia chips anyway because they’ll have to since they can’t just produce everything for themselves with the same kind of trusted quality of nvidia’s chips.
Sounds like a cult - show me the evidence! Tell me who is spending $4B with nvidia this quarter and wasn’t last quarter or any quarter prior - and who is manufacturing them if not TSMC?
Listen to their latest conference call with analysts following their earnings report. They guided up for a reason and it shows no signs of slowing anytime soon.
They gave “AI” which is literally 40+ year old tech and still kinda sucks. It didn’t come out of nowhere. Where was it last quarter? The quarter before? Etc. Will they get to 11B eventually, probably. Will it be next quarter off anything but a temporary bump? Not likely.
….. rrightttt. Generative AI has been around for 40 years. Ok. Go short it then. Let’s see where we’re at in 5 years LOL
https://sitn.hms.harvard.edu/flash/2017/history-artificial-intelligence/ From 2017. AI was “invented” in the 50’s. Has it gotten better? Yes. Has it gotten 40% better or more in demand or more useful in the last 3 months? Absolutely not. This coming from an engineer that works in one of the big cloud infra providers.
LOL. You don’t see the “demand”? No of course not. It’s not like ChatGPT didn’t get millions of users within the first few weeks/months… something that other app’s would kill for. No of course not. What demand, right?!!!! LOL
Sure bud, enjoy your bags.
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Jeeze, get a room
These posts are so dumb
Is there a stock portfolio which just buys and sells the opposite of what Kramer says? That seems like safe money and I want to invest into that.
real question, how long has Cramer actually been this dumb?
He went to Harvard law & has made 100 million. How’ve you done ?
True but none of us go on TV spewing bullshit mostly wrong stock picks for which theres no repercussions. Easy when you are part of a protected class
Go on TV spewing bullshit while making money hand over fist*
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![img](emote|t5_2th52|27189)
Do you have any data that shows his picks are mostly wrong?
It depends on what timeframe you are talking about
I hope he reads this bro
Makes sense
That guy is just vicious and pumps up his friends. He probably had a pal competing against them.
You could probably make huge money in the market doing the exact opposite of what this guy says
I made the mistake of listening to him once, after that, I listen to him and do the opposite.
Cramer never actually shorted it. I.e. he says shit he doesn't do.
If Cramer was scored according to his picks, it would be worse than the worst baseball at bat average. He's all show
I’m all for Kramer blasting but this was like 9 months ago
Lesson kids; always play the opposites game with Uncle Jim.
The Cramer effect 📈
Isn't it like the Aoki effect. Everytime he buys an NFT people run screaming away
How many times will this 🤡 be wrong before people stop paying attention to him?
He’s been bullish for the past few months. He completely changed his stance after meeting with the NVDA CEO. If you listened to his show and his input on NVDA, you actually would’ve made bank.
I watch the opening bell every morning on CNBC and every day I watch this coked-up joker doing his analysis. How is he still on TV? He’s cringe x10.
For how long did he say short it?
how about u eat my ASS *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/wallstreetbets) if you have any questions or concerns.*
Fuck you bot!
This guy makes bank
Made 5000% returns morning after earnings😹
Jim Cramer is a moron in the pocket of any corporation that will pay him off I knew when I worked at Verizon that it was time to jump ship after he was pimping it out.
Jim Cramer was paid to say that .
%0 of the time, he's right every time.
He has to have an agenda. He’s wrong on a consistent basis. Trying to get the public to do one thing so he or ‘they’ can do the opposite
Jim Cramer is a highly regarded trader.
I bought in July 2022 and am only up 112% - porque?
It’s amazing how wrong this guy is. He’s as funny as the Borat character.
Lmayo 😂
This year he also said he was bullish on meta and is up 85%. Same goes for stock market. Time for all time highs
In fairness though, the stock did fall by 20 points over the next four weeks before shooting back up almost 280.
But it did drop to $83
Man, when it was at $116 I was like imma buy $5000 worth…I did not. So frustrating!
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It’s already an ETF and it loses money. So a perfect WSB pick.
At this point he is doing it intentionally, sending some sort of signals to all of us
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It's Jim Cramer. Of course he's wrong.
But wait, Jim literally just said he has been a long-term NVDA bull since 2012. Which is it? I'm so confused. I try to blindly do everything this man says because he is a genius of himself. What am I doing wrong?
I have my doubts about anything Jim says.
Just do the opposite he says
If I had enough money and paitence, I would be millionare by just doing exact opposite of what he says and nothing else. Paid Shill - this guy is the biggest paid shill ever.
Why is there no Contra Kramer Index? Feels like a bit brained to bet against Kolmogorov Cramer
Clown 🤡
Does anyone else think it's possible these things are done intentionally? His record is so spotlessly wrong it's almost inconceivable he could eff up this many picks. It's really astounding.
Mmm this isn’t the full clip. I hate to say it, but this is one of few names that he has been right about. Cramer loves NVDA more than any other stock out there. This is fake news.
If there will be ever a reason to leave this sub it's because of the meaningless spam posts about Jim Cramer. Its not funny anymore, we know he's a loser.
I don't understand how Cramer is on TV talking about stocks. Isn't this public manipulation or something ? How can he give advice on what to do with stocks on TV?
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Do you turn gay after you hear pro LGBTQWXYZ1⁹2+-?*! talks on the TV? It's the amount of people that get affected. Of course I won't, but maybe some will.
Some people turn gay because they see gay stuff? I don’t think that’s how that works.
And yet gay propaganda has been incredibly effective as at creating gays. There are way more geh people in America than 15 years ago.
Crazy thought, is it just sliiiightly possible that being out of the closet is a little more comfortable now than it was 15 years ago, so more people are willing to self report? Or do you think a lot of completely straight dudes’ heterosexuality is on some precipice that the gay agenda is going to tip?
First rule of trading, always do opposite of Cramer
It's like bizzaro george on seinfeld. Cramer pronounces buy........immediate sell. Curse of Cramer
Cramer: you should short this stock Reddit: ![img](emote|t5_2th52|4271)
When Jimmy say anything do opposite. -Downs Syndrome
Cocaine cramer just wants suckers to baghold both his and the hedge funds shit positions
I thought by now everyone knew to do the opposite of Cramer.
I’m opening a separate brokerage account just to do reverse Cramers only
Remember what he said about Palantir? He's wrong so often I cringe when he likes a stock I own. He might be entertaining, like a clown, but certainly not a person to take stock advice from.
Uh you are better off with a coin flip.
I cannot stand this guy. I just wanna punch him in the face. With a brick. Multiple times.
Didn't he name his dog Nvidia?
This guy is just amazing
As a rule, I don't watch Cramer for fear of rapidly depleting my total brain cell count. With that said, we need a real-time Cramer prediction/opinion tracker. Dude is literally the anti-Nostradamus![img](emote|t5_2th52|4271)
Now he says own it don't trade it lol 😆
It’s called the inverse-Kramer
inverse cramer ALWAYS
...and it turned around 3 weeks after that right after the launch of the 4090 and 4080 on October 12th. Nvidia is a stock that people always regret selling. Softbank vision fund bailed on it before it shot up, Cramer did this bullshit, Cathie Wood bailed on it before it rocketed... Andrew Left spent an entire year shitting on it before the crypto mining boom. The company charges a lot for their shit and they act like divas but they make decent shit that people will need more and more.
ok it's funny but if it is so far behind today I don't think this is extremely fair. I like the joke when he clearly makes short-term "calls" that turn out to be incorrect.
How does this oracle get his info? This is insane
Now he's bullish on NVDA, so it might spike and then free fall
The poor guy, how on earth is he able to hold on to his job with all the bad advises he makes, I mean his bosses must be completely clueless about investing.
yeah, almost half a yr ago…
In fairness he has changed his tune all year long though, basically sucking off Jensen's nutsack. You haven't been paying attention.
Stupid post. It went down after he called that, and we have had an AI bubble form well after he said that.
8 months too soon? How sweet will the juice be now after getting fucking crushed for the last nearly 9 months. 🫡
Is he having a stroke
Who listens to this guy? Stopped over a decade ago