Jimmy.
posted on
Aug 22, 2022 12:21PM
I could not resisted Cramer BS and poste on TOB:
I stopped listening to Jimmy Cramer long time ago:” LAC -…Number of Hedge Fund Holders: 9
“Lithium Americas Corp. (NYSE:LAC) operates as a resource firm. Cramer was bearish on the stock during the Lighting Round of his show on August 10. In response to a viewer question about his views on the stock, Cramer stressed that he could not just recommend stocks that had been “perpetual money losers”. The stock has climbed in the past few days after Tesla owner Elon Musk called the lithium business a “license to print money”. The increasing production of EVs, which require lithium for batteries, is a key growth catalyst for the stock in the long run.”
Those who bought LAC stock 5 years ago- are 550% up
Those who bought 2 years ago- 275% up
One year ago - 72% up
And even new investors who bought 1 month ago- 21% up.
End of story… Jimmy can go and catch a fly. We all know what is happening in the next few weeks.