[EVPlus]

Jim Cramer is absolutely a sewer rat tout.

Casino stocks are a buy? Well, thanks you ugly little man. But you and your fan boys are a tad late to the party.

Some of us traders knew this back in April:

I wonder what Vegas will be like in the years ahead.... - Page 7 (sportsbookreview.com)

See post #212 and #215 in which I described why I was bullish on MGM stock.

(In post #194, I also stated we'll have a vaccine - contrary to the claims some imbeciles made that there will not be a vaccine for covid-19. But I digress.)

Re: #212 and #215, MGM has risen from $14.08 back on April 17 when I wrote the post to $30.98 (as of 12/16/20). Those who bought significant shares back in April would have done well - especially utilizing strategies such as OTM covered calls to add a steady stream of weekly income (MGM has weekly options).

Anyone who wants to argue that Jim Cramer is some stock picking genius can easily shut the critics up. Simply watch his laughable clown show on cnbc and post his buys. Do this every business day for a year straight.

It will become painfully obvious he's a coin flipper who pumps up his correct picks (what's that adage about the blind squirrel...?)

And, like any experienced tout, he'll down play his losers, of which there will be many.

The net result will be much worse than if the average Joe and Jane had invested their money in a good set of index funds rather than foolishly clinging to Cramer's every word.

Like any tout, do not blindly follow and do not blindly fade. Either strategy is a losing one in the long term.

[dlowilly]

If you are up 33%, bought at 100 and currently at 133.

How much money do you end up with, after broker commission and tax, available to spend on nice things or an exotic island trip or for gambling? Is it close to 20-22 rather than full 33?

No commissions

Tax rate would depend on different things. Wouldn't be selling it before it was long term capital gains rate though.

[dlowilly]

Jim Cramer is absolutely a sewer rat tout.

Casino stocks are a buy? Well, thanks you ugly little man. But you and your fan boys are a tad late to the party.

Some of us traders knew this back in April:

I wonder what Vegas will be like in the years ahead.... - Page 7 (sportsbookreview.com)

See post #212 and #215 in which I described why I was bullish on MGM stock.

(In post #194, I also stated we'll have a vaccine - contrary to the claims some imbeciles made that there will not be a vaccine for covid-19. But I digress.)

Re: #212 and #215, MGM has risen from $14.08 back on April 17 when I wrote the post to $30.98 (as of 12/16/20). Those who bought significant shares back in April would have done well - especially utilizing strategies such as OTM covered calls to add a steady stream of weekly income (MGM has weekly options).

Anyone who wants to argue that Jim Cramer is some stock picking genius can easily shut the critics up. Simply watch his laughable clown show on cnbc and post his buys. Do this every business day for a year straight.

It will become painfully obvious he's a coin flipper who pumps up his correct picks (what's that adage about the blind squirrel...?)

And, like any experienced tout, he'll down play his losers, of which there will be many.

The net result will be much worse than if the average Joe and Jane had invested their money in a good set of index funds rather than foolishly clinging to Cramer's every word.

Like any tout, do not blindly follow and do not blindly fade. Either strategy is a losing one in the long term.

Yep. Any clown that uses props and noisemakers is not a serious person.

[thomorino]

Nash is a dumb shit.

Cramers summit house was bought for 1.1 million and sold for 3.7 million. Summit New Jersey is not a super affluent community, it’s an affluent community, but nothing close to very high end areas like grenich Connecticut. I know summit well since I have traveled to northern jersey for decades.

Cramers absurd claims that no one but little Nash believes are that he made over 10 million a year for a decade but bought a home for 1.1 million, he’s full of shit and a child could see that. Cramer wouldn’t be working 9-5 for what he makes if he had 30 million in the bank.

[thomorino]

Cramer is a cheerleader for the market to keep recreational investors putting money in the market, his picks are mostly garbage.