iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
18,346 Blog Posts

Cramer: Rally is Semis ‘Based on Nothing’ — Pajama Trading Bidding Them Higher Because They Don’t Know What to Do

Although tempted to criss cross in the opposite direction and stick a spear into the head of Cramer and his bearish semis call — the man is right. There is a very large brain inside of that very ugly head of his. The lot of you are Cramer haters because you’re jealous of his success. Admit it you fucking faggots.

Here’s Cramer saying the recent rally in the semis is based on ‘absolutely nothing’, a fucking byproduct of asshole ‘pajama traders’ not knowing what to do with themselves. HINT: stop making bad decisions.

I posted that vid on Twitter and this just about sums up the people’s reaction to it.

But hang on there a second, fucked face. Have a look at this chart.

Fuck LAAAAMB research. Don’t sit there and tell me that shit is normal. How many times have the semis crushed investor portfolios over the past two decades? I recall making so much bank in the sector in 2004, only to get shredded in January of 2005. It really was something to behold and will not reflect in the indices or the records that you could access now. You just had to be there.

Now if you’re an investor in the semis today, you think it’s all peaches and cream. Why, you think NVDA and LRCX just invented time machines and managed to figure out how to create money out of thin air, just so your fucking share price could keep climbing up. But the world doesn’t work like that, asshole. What is good today is rotten tomorrow. Go chop open an avocado and leave it unattended for a few hours and then try to eat it. It’ll be black and disgusting and you won’t like it one bit.

That’s what the semis will look like very soon — a disgusting black avocado that has been left out on the table for too long.

As such, I bought SOXS. I am now long LABD and SOXS — positioning for the era of the short.

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4 comments

  1. infinitezuul

    This market is toast.

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  2. numbersgame

    LAM: 5 years: +447%
    NFLX: 5 years: +1177%

    You know which one has a higher market cap. Now guess which one has higher profits.

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    • masteroneass

      Greed Hastings has more money. On a side note Siliclown Valley idiot aka the “next Steve Jobs” whatever that means is now officially worth zero. From 4.5 billion to zero. Silicon valley cracks me up. Also Jensen Huang is the greediest CEO of all time. Ive been following him since Riva Tnt.

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  3. sarcrilege

    Cramer may be right here and there but he completely lost any credibility with his many stupid calls. Cramer is an entertainer and shill.

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