Cramer’s Most Idiotic Idea Ever

Someone brought to my attention that none other than Jim Cramer – who, inexplicably, is considered some kind of stock market god – strongly suggested everyone buy Sears back in 2007, calling it “the next Berkshire Hathaway”.

It looks like he made this urgent “buy” suggestion at pretty much the millisecond the stock peaked. It is down over 99% now. I wonder if they ever mention this on CNBC?

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.