This video is from Don Harrold, someone who I feel actually knows a fair bit about stocks and may even know how to pick stocks. He has been calling for Jim Cramer to be fired from CNBC for maybe years now.
However, I’m not asking for him to be fired: I’m asking for him to go to jail for severely misleading the American public. Think this is the only time? He does this every damn time he gets a chance; for the past year at least (as long as I’ve been watching him), he has made bad pick after bad pick after bad pick.
If you listen to Jim Cramer, you WILL LOSE MONEY without any doubt whatsoever. He purposely leads the ‘Cramaricans’ that watch his show into financial ruin to personally profit and for those who are his close friends to profit.
Jim Cramer is a former Bear Stearns employee, and ran one of the most successful hedge funds ever. You cannot tell me soon as he left Bear Stearns he became an idiot: no, he only became a fool if he can think he can mislead the American people and get away with it.
I’d also like my readers to watch this earlier Don Harrold video where Jim Cramer recommends to continue holding Bear Stearns stock (for those who have some in their portfolio) on Tuesday before the Friday that Bear Stearns crashed and burned. You think Jim Cramer knew nothing? No, he still has his friends feeding him all the insider information: he knew exactly what he was doing, and his friends over at BS made a killing over this.
Not only that, he then tried to cover it up. HE TRIED TO COVER IT UP.
So where the hell is the SEC here? Why hasn’t the SEC investigated Jim Cramer for knowingly giving out bad information to purposely lead the American people astray? Jim Cramer has inside traded, he has mislead the American people so he and his friends can profit, and with the first video, it proves his a bold faced liar and doesn’t even try to cover it up anymore.
Not only that, how much of his bad information over the past 2 years has influenced the recession we are currently in? Millions of people in the US listen to Cramer and repeatedly lose money because of his bad stock picks.
I ask ‘Cramerica’ to wake up: I ask ‘Cramerica’ to use their logic, their common sense, to objectively look at Jim Cramer’s record and realize that ‘Cramerica’ has lost millions and millions of dollars because of him.
If the SEC won’t investigate him and throw him in jail, then at the very least CNBC will fire him if everyone quits watching his show.