This evening on Maddening Money, Cramer discussed how it’s okay for growth to be non-existent and how ‘good enough’ is enough to propel stocks to record highs. He was laying on his Orwellian propaganda good and heavy this evening. Then he discussed the disappointments in the market and touched on a point that is rarely discussed, regarding Twitter.
The CEO, Jackard Dorsey, is presiding over not one but two companies, into the ground. Year to date, both TWTR and SQ are maligned with large losses, in excess of 20%. Since Jackard took over the role as CEO of Twitter, the shares are down 55%.
Cramer makes a valid point, when he states “it is time for Jack Dorsey to pick Twitter or Square. It’s bad enough he’s CEO of one underperforming company, but to be CEO of two troubled entities. Please, one or the other, but not both.”
If you enjoy the content at iBankCoin, please follow us on Twitter
Post BREXIT SQ is up over 10% – makes you wish you were still trading, eh?
Why would I want to partake in a rigged market? No thanks.
My dog’s feces are up 10% since BREXIT.
You sound like Showtime only you’re making me lolz
I’ve been investing since the early 90s, successfully and professionally. Compare me to that imbecile again and I will track you down and punch your jaw loose.
Do you really have a dog?
Yorkie-bichon
So the old sport’s turds are up from like 1oz to 1.1 oz, haha