Cramer: "The ETF Of Mass Banking Destruction" UltraShort Financials (SKF) & Reinstate Uptick Rule
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@gjonesy9 I AGREE!!! (2 yrs later)
james02091983 4 months ago
Cramer is blaming the short sellers for his losses.
I don't want anything to do communism anymore.
Please Fire Jim Cramer!
gjonesy9 2 years ago
All Wall St. is good for is sucking money out of the middle class economy to line the pockets up Wall st higher ups. Wall St. creates absolutely no value in the economy. If they arent stealing peoples money by creating false rumors and news, they are peddling the hot new product or industry that is sure to lead to a bust. Wall st does this everytime like clockwork. I blame the people in the end because they keep falling for wall streets game.
30percentplusreturns 2 years ago
Yes cramer, I do think the banks are being run by all idiots. If they werent, they wouldnt have given loans to idiots with no jobs and wouldnt have gotten in bed with politicians. So yes, they are run by idiots. I have never worked at a bank in my life and Im sure I can run a bank better than these morons. Loan to people who can pay it back would be my mantra. Dissolve all these phony products divisions that just lead to disaster. If they were smart, we wouldnt be in this mess!
30percentplusreturns 2 years ago
Cramer today is pushing his BS telling everyone not to invest in any kind of index fund. What a complete idiot this guy is. I can only imagine the billions of dollars he has cost people over the years. The ONLY reason he doesn't like ETF's is because he knows he would have no show otherwise. ETF's are FAR safer due to them investing is 100 or so other companies, far safer than any stupid pick by Cramer which crashes the next week. I've seen it happen many times now with his picks.
2009Jeff2009 2 years ago
i agree
the skf is not destroying the bank stocks, the real problem are the toxic assets in the banks ... let them bankrupt, all the banks and the big three and you will never be worried about skf anymore!
deangelis08 2 years ago
if banks are so great, go buy them all you can, don't worry about skf if people are selling it, damn idiots.
donlincolnyt 2 years ago
Yea, sell when the market crashed, he warned to sell before it and saved thousands millions.
Urbanz1975 2 years ago
Cramer is an idiot. This is the same guy who told everyone to sell when the market crashed. Now he's saying don't go short. He would have you short GM, and Ford, but buy JP. Give me a break the SEC should sensor Cramer and his BS
jscrvns 2 years ago