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Post by NOTTHOR on Nov 6, 2008 8:05:11 GMT -6
Next Wednesday. I don't like Cramer, but I'll watch that show.
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Post by Iowafan1 on Nov 6, 2008 9:52:31 GMT -6
I used to be a Cramer fan, but lately, he's been like the snake oil salesman.
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Post by NotMyKid on Nov 6, 2008 15:35:28 GMT -6
I don't mind Cramer.
Classic vid was when he was flipping out talking to Erin Burnett and he spit on her face. Good stuff. I will try and find the video when I get home.
I work for a communist company that doesn't allow access to videos or youtube.
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Post by twinegarden on Nov 6, 2008 15:36:20 GMT -6
I liked the video when he was telling everyone to BUY, BUY, BUY Bear Stears two days before they went under.
Edit: He wasn't telling people to buy but was telling them not to pull out. Then their shares fell 90% SIX days later, according to this vid:
Also, is the show in IC live and if so, at what time?
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Post by NOTTHOR on Nov 6, 2008 19:09:42 GMT -6
Twine - that clip is actually not Cramer pimping the stock, he didn't tell anyone to buy. He was talking about people taking their money out of Bear. He was trying to prevent a bank run. Christ, the stock was $67 that day. People who left their money in Bear were fine, they were all made whole, it was only the shareholders who got wiped.
The people who left their money in Lehman when it actually went under had a pretty tumultuous few days and now everyone is skittish as all hell because everyone is scared to put cash into a potentially insolvent counterparty.
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