Jim Cramer announced on a “Wall Street Confidential” segment today that he’s renouncing tech, which tech must really be beating itself up over, the loss of Uncle Jimbo’s support. Why is he turning his back on a sector he previously shilled for like Alfonso Reibera for Pepsi? Well, he’s “frustrated” with it. It’s the only cohort where you get a good earnings per share number and the stocks do nothing or go down, it’s the worst risk-reward in the game, no “pizzaz,” no new product cycles. The disappointment of VMware, blah blah blah let’s just cut the bullshit. The real reason Cramer is suddenly saying he was wrong about Tech is that he read a piece from this very website earlier this morning in which the author said he agreed with the bobblehead and it’s just been constant waves of revulsion pulsating through his body ever since. Those close to him say that Cramer has put in motion a two part cleansing process (which he’ll discuss on “Mad Money” later today). Step 1: take back anything he’s ever said about anything ever Step 2: ritual suicide on Fox Business (pay-per-view perhaps, though the particulars are still being hammered out).
Earlier: Street.com Correspondent Gets First Date As Result of iPhone
Cramer Throws in the Tech Towel [thestreet.com]
Im sure ole Jimmy loved AAPL at $200. Guy is a HACK, he should just go away. Kudos to Barrons calling his bluff last year. The sad thing is the retards in middle america hang on his every word
That’s a nice lookin’ Jewess.
i mean its pretty obvious his nephew’s going to have to buy an Air Mac and RUN to the nearest starbucks to set up camp
why would he need a laptop?
I mean, he hasn’t busted his I-Phone… he can still camp at starbucks, and still look hip… at least if he sets up camp on Fordham’s Campus…
Britanny Umar is hot.
@ gunner- when jim cramer renounces tech, EVERY ONE IN HIS FAMILY MUST RENOUNCE TECH AS WELL.
bc even the crackhead who camps outside felix on sundays has an i-phone. this kid needs to step up his game
girl, i think it’s less about the iphone not being cool anymore and more about the cramers (and masons– nephew is cliff mason) turning their backs on tech. so he needs alternative ways to get the panties to drop…
@ 4:07. he’d be better of renouncing rights to co-production of the show/ any inheritance associated therewith and just taking my advice.
cliff, if you’re reading this: Pre-order that sh-t before all the plebs get their little paws on it. you can thank me later.
Good burns everyone…
Sounds like Cliff might need cabfare to Hofstra, or Wagner…
“Its better to know it and admit it” yeah, whatever Cramer. (like being a douche?)
If I thought he was being sincere, I be buying tech across the board.
Rule #1 (2 & 3): Discount everything you hear from a shill. EVERYTHING.
when was the last time Cramer was right?
i just spent the last 20 minutes trying to find out who that girl sitting next to him in the video is. I think i’m in love.
“The disappointment of VMware”
He means the over-monetization of VMWare, right? VMWare is the Boston Chicken of the Oughts–users love it, there’s just no reason for them to raise that much capital.
They need to do a better job of keeping that camera off Cramer and on Brittany.
5:50 – I’m with you there (orders stalking kit from skalkersRus.com)
She is not a Jewess..
this guy is Wall Street’s equivalent to the WWF.
I am creating a website that will raise money to get Britney a boob job. That girl would be a force with some knockers. Anyone else notice that Cramer had to keep putting his hands under the desk to tuck his cock between his legs?