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New York Signature Bank shutdown - Jim Cramer doesn't miss

Posted on 3/12/23 at 6:01 pm
Posted by euphemus
Member since Mar 2014
536 posts
Posted on 3/12/23 at 6:01 pm
April 2022: Jim Cramer recommends to invest in Signature Bank

March 2023: Signature Bank is shut down


Posted by Pendulum
Member since Jan 2009
7047 posts
Posted on 3/12/23 at 6:02 pm to
Yea, nothing big has happened in economics between April 22 and Mar 23. What a dope.
Posted by Street Hawk
Member since Nov 2014
3460 posts
Posted on 3/12/23 at 6:15 pm to
quote:

Pendulum

Posted by thelawnwranglers
Member since Sep 2007
38782 posts
Posted on 3/12/23 at 6:20 pm to
I kind of want to buy Schwab
Posted by baldona
Florida
Member since Feb 2016
20444 posts
Posted on 3/12/23 at 6:40 pm to
quote:

kind of want to short Schwab


Fixed it for you
Posted by mikeytig
NE of Tiger Stadium
Member since Nov 2007
7071 posts
Posted on 3/12/23 at 6:44 pm to
He was also all in on SVP.
Posted by theRealJesseD
Member since Nov 2021
2882 posts
Posted on 3/12/23 at 7:32 pm to
I read that there is a new inverse Cramer ETF available
Posted by MisterWorldwide
Member since Nov 2012
237 posts
Posted on 3/12/23 at 7:37 pm to
If you just went opposite of Cramer every time you'd definitely have a winning record.
Posted by sqerty
AP
Member since May 2022
4962 posts
Posted on 3/12/23 at 7:52 pm to
Posted by Pendulum
Member since Jan 2009
7047 posts
Posted on 3/12/23 at 7:57 pm to
I get the inverse cramer joke, but every analyst in the world is gonna look dumb if you compare their bank takes in April 2022 to March 2023. There's much more ridiculous timings and picks of his that are hilariously wrong. This one is dumb.
Posted by Kjnstkmn
Vermilion Parish
Member since Aug 2020
10691 posts
Posted on 3/12/23 at 8:05 pm to




End the endless
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7369 posts
Posted on 3/12/23 at 10:22 pm to
quote:

I read that there is a new inverse Cramer ETF available
I hope it dots a better job than the first inverse Cramer ETF which didn’t even have a short position in SVB after his Buy recommendation.
Posted by timdonaghyswhistle
Member since Jul 2018
16285 posts
Posted on 3/12/23 at 10:53 pm to
You have to pay him $500 for the good stuff.
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
7418 posts
Posted on 3/13/23 at 5:46 am to
quote:

You have to pay him $500 for the good stuff.


That is like paying a craps player for advice and strategies.

Then the dice rolls the houses way every time.
Posted by Skervix
Member since Aug 2018
194 posts
Posted on 3/13/23 at 6:29 am to
SJIM
Posted by Bullfrog
Institutionalized but Unevaluated
Member since Jul 2010
56241 posts
Posted on 3/13/23 at 8:51 am to
Forbes even listed SVB Financial Group as #20 on its list of America’s Best Banks in an article published on February 14, 2023.


Plus:
This post was edited on 3/13/23 at 8:53 am
Posted by Pendulum
Member since Jan 2009
7047 posts
Posted on 3/13/23 at 9:13 am to
Well he recommended it last month as well I guess from that picture.
I rescind my former defense of Mr. Cramer.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89518 posts
Posted on 3/13/23 at 9:15 am to
quote:

He was also all in on SVP.



Wasn't that as recently as February? What a clown.
Posted by Old Money
Member since Sep 2012
36359 posts
Posted on 3/13/23 at 9:42 am to
Aw shite, Cramer no…
Posted by honeybadger07
The Woodlands
Member since Jul 2015
3263 posts
Posted on 3/13/23 at 10:36 am to
What about a month when he was pushing for investing in SVB?

Yes, a dope you are
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