Jim Cramer Bear Stearns

Jim Cramer predicts that Bear Stearns will be fine, 11 March 2008

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  News & Politics

[Scottrobby]

I bet Jamie Dimon masturbates furiously to this video

[rittub]

lol

[mcmike100]

Cramer today (before the 216 pt. drop): "It is a monster move. A lot of people being left behind. A lot of shorts. This thing won't die. There is a show, again, very good ratings, The walking dead. You know, you can't shoot this thing. Shoot it in the head and nobody's been able to do it. This thing has legs.... Can't talk enough about it"

[Roger Clemons]

Part 2. My' friend ' who took my advice in the AM of 3-11-08 bought puts on BSC & cashed out on 3-14-08 with $91K profit. I think he bought $20K of puts. He cashed out when BSC was $34. If he waited until Monday when BSC was at $3, his profit would have been $200K. In 2008, I helped this guy turn $160,000 into $1,000,000. Verbally, he promised to buy my wife a new car. He actually did nothing. Not even a Christmas card. I stopped helping him in 09, and he lost it all 9 mo. Karma payback!

[Roger Clemons]

I first shorted BSC in Oct 2007 based on a CNBC report that showed 3 of their 4 business segments losing big money. Even though on the CNBC segment, the CEO said they had $6 billion of liquidity. My opinion was that was small change. I bought July

2008 puts with a $75 strike. By March 10, 2008, I emailed 6 friends and told them to short BSC. 1 guy did. On March 11,2008 Cramer said hold your BSC. BSC was $3.00 on March 17, 2008. I made $250,000 on $15,000 of puts.I saved the emails!

[Mary Novack]

That was one of the most eloquent and thoughtful analyses I have ever heard of a stock. The conclusions he came to were thoroughly backed by fact and countless hours of research.

Anyone who takes advice from this guy has no business being in the stock market. Most people who watch his show don't know what a cash flow statement is. Without a thorough fundamental analysis of the company and it's industry, the only safe investment is an index fund.

[automan1223]

The banks failed when their "ENERGY CARNIVAL" on commodities went the other way and they could not cover all of their option calls. The mortgage mess was a side show for the real reason. Anyone who says otherwise is selling something.

[FreeRussian]

You. You allowed hacks out of Khazaria to run your nation and see what they did to it.

[ComancheChiefSD]

Ponzi all the way.... People will never know what hit them

[KhmerD0g]

Bear Stearns is fine. LOL fuck it bitch

[Legion2221]

I see your point however if nobody knew or was being tricked by banksters at time, how it comes that we got this and tons of other predictions and assurances, that everything is fine and nobody is going to get hurt. THEY JUST DID NOT KNOW! Why didnt they admit it....

[yost28]

The problem is that people think Cramer should have "known." But my complaint is what was it that he should have "known?" The banks lied to us all and we all got fooled into believing them. Watch Cramer apologies on Wachovia. I think his face reveals all.