JIM CRAMER’S YUM-MY ADVICE

Jim Cramer, the stock guru of CNBC, had this to say about Yum Brands on August 13, 2015 after bad news from China:

Wall Street expectations jumped the gun on Yum Brands, but as share prices pulled back on disappointing July sales in China, now’s the time to buy the stock, CNBC’s Jim Cramer said Tuesday.

“My charitable trust is buying today. Why? Because I think that the expectations have gotten too far ahead.”

“I think it’s temporary. I want to go back to what Novak promised. He promised that by Q4, the drama would draw to a close. We’re not in Q4 yet.”

That was less than two months ago. The stock was selling for $84 on the day he said he was buying. He isn’t a stock genius for nothing. On his Tuesday night show before the earnings were released he called Yum a bargain, even though it had a PE ratio of 39. Yum reported their third quarter results last night and they were disastrous. They missed earning estimates by a mile and drastically reduced their year forecast. The stock plummeted by 19% in one day to close at $67.67.

For those keeping track, anyone who followed Cramer’s sage advice has lost 20% of their investment in 8 weeks. That’s an annualized return of NEGATIVE 130%. This guy should have a TV show.

His individual stock calls are almost as good as his market calls. How could anyone take this bozo seriously?


GREATEST TAKEDOWN EVER

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the tumbleweed
the tumbleweed

The guy is a pied piper leading Middle America, the vast majority of whom should not be in the stock market, to cough up their savings $500 or $1000 at a time. What’s shocking is how long he’s been on the air. He survives by overwhelming the audience with so many statements and predictions, that no one could ever keep track of them all. Then he goes back and cherry picks a few right calls, ignoring the mountain of failed ones. He has the blessing his Wall Street masters who refuse to leave even a few crumbs to the proles.

Westcoaster
Westcoaster

He’s an infomercial pitchman. CNBC is a 24/7 infomercial programmed to get you to buy moar stawks.

BEA LEVER
BEA LEVER

Here’s some advice for you……

If their last name is tribal RUN for the door before your wallet gets lifted. Best free advice you’ll get all day. (In case you are confused, Cramer is tribal)

IndenturedServant

Fools and their money!

Gator
Gator

What maes you think Cramer actually follows his own advice? He is probably just pushing something on the people’s that him and his masters need to unload before it drops. Sellers need buyers, or in this case, Cramer and friends need some bag holders.

starfcker
starfcker

But I did hear him give an EXCELLENT piece of advice, back when the dow was under 1000. Cramer said BUY. “Either we are in recovery, so you win, or bernanke has your back, so you win.” He was right. The other genius was noted market guru bammy, when the market was around 700. “Now would be a good time to buy.” Fearless leader, indeed

card802
card802

I love Cramer, he is the ultimate contrarian indicator, if he says buy, sell, if he says sell, buy.

The guy is awesome.

Skinbag
Skinbag

Many years ago when I thought that I was becoming ‘money wise’ I used to watch CNBC – for a very short while. I once took notes on every stock recommendation Crammer made during a one week period. The outcome was disastrous. Plus, I could no longer stand to watch / listen to this idiot – I would rather stick a pencil in my eye. How he ever became a wealthy hedge fund manager is beyond my comprehension.

Irelia
Irelia

Cramer explains how he manipulated the market: https://www.youtube.com/watch?v=GOS8QgAQO-k

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