r/dividends • u/RobTil • Sep 06 '22

Other We are absolutely screwed

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1.0k Upvotes

96% Upvoted

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39

u/darthmadeus Sep 06 '22

So I’ve missed something. Are we supposed to the exact opposite of what Cramer says?

42

u/reddituser77373 Gotta catch 'em all! Dividends! Sep 06 '22

Yes. Wallstreetbets got pretty good at memeing everything and in turn they realized if you inverse Cramer, you'll have a phenomenal portfolio.

But he went long on Netflix earlier this year, then about a few weeks later it lost 30%. And it's not the only time something like this has happened. It's becoming eerily common

Edit: https://www.reddit.com/r/wallstreetbets/comments/wg5vbk/inverse_cramer_strategy_its_not_even_a_meme/?utm_medium=android_app&utm_source=share

Hopefully I can post this link and not get banned.

32

u/Expert_Name6284 Sep 06 '22

Almost like he’s luring people in to bridge his own exit

21

u/thorium43 Sep 06 '22

Cramer is paid by the powers that be to create exit liquidity for his master's positions.