That might be just what Jim Cramer is doing. This guy is either a circus clown or a pump-and-dump scammer. I can’t decide which.
Sell everything.
Back in the 2010’s my Dad used to watch Cramer and make designs based on the opposite of what he said. He did well.
Whatever Cramer says, do the opposite. There is a website that tracks his buys and sells, if you do the opposite you win by a lot.
I operate a mid-sized law firm north of Baltimore with a working-class clientele. In the last 60 days, our firm has noticed that clients and potential clients have significantly less money to hire lawyers. Six months ago, clients didn’t blink at attorneys fees or even try to negotiate. We have far less business coming in and we are getting nickeled-and-dimed by everyone.
Our business is the canary in the coal mine, as we represent many working-class folks. Like clockwork, our business revenues decline a few months before the rest of the economy does the same, as eventually more affluent people get tapped out, as well. The COVID giveaways have largely ended, and downscale folks have maxed out their credit cards. And just wait for when the millenialls have to restart paying their student loans back in September.
That might be just what Jim Cramer is doing. This guy is either a circus clown or a pump-and-dump scammer. I can’t decide which.
