Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: JV3MRC

Jim Cramer does something called frontrunning. Used to do it with Maria Bartiromo.


3 posted on 03/10/2023 2:11:49 PM PST by nickcarraway
[ Post Reply | Private Reply | To 1 | View Replies ]


To: nickcarraway
He bizarrely called the stock “cheap,” despite it trading at around $320 a share at the time.

Yes, Cramer got this stock wrong. But the author Mr. Vasquez is an idiot, and by extension so is his editor at NewsBusters.

Saying a stock is "cheap" has NOTHING to do with the price per share. It's based in a fundamental analysis of the firm, its cash flow and earnings generating power, and discount rates

SVB chose to have a high standard ckmprice by not issuing many shares. If they'd done a stock splits or reverse splits, the price would change but there is no economic value created in these journal entries.

What a dope.

13 posted on 03/10/2023 2:40:27 PM PST by DoodleBob ( Gravity’s waiting period is about 9.8 m/s²)
[ Post Reply | Private Reply | To 3 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson