Jim Cramer says “Bear Stearns is fine!”
Mar 17, 2008 investing, trading
This has got to be the funniest moments on television I’ve ever had the pleasure of viewing, next to Miss Teen South Carolina. Jim Cramer, CNBC’s maniacal stock analyst, says “NO, NO, NO” to selling Bear Stearns.
The video can be viewed here.
Cramer answers a viewer’s question, “Should I be worried about Bear Stearns in terms of liquidity and get my money out of there?” To which Cramer responds, “NO, NO, NO. Bear Stearns is fine! Do not take your money out! (incomprehensible) If there’s one takeaway other than plus four hundred (incomprehensible). Bear Stearns is not in trouble. I mean if anything, they’re more likely to be taken over. Don’t move your money from Bear [Stearns]! That’s just silly! Don’t be silly!”
Great advice Jimbo!
I think the best way to make money with Jim Cramer is to short his picks.
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