🙃 Inverse Cramer Sep 12
THURSDAY SEP 12
It loses too much money, and when it starts to make money, even when it’s higher, I’m going to take a hard look at it. Companies losing a lot of money right now get no traction.
-On IonQ ($IONQ)
They’ve got unbelievable fishing equipment; Garmin is the real deal. We profiled it long ago, and this company has it going. You are dead right; it is going higher.
-On Garmin ($GRMN)
It is the only oil company we have left. We only want to own Corterra and nothing else in that group.
-On Corterra Energy ($CTRA)
Warren Buffet is destroying this stock daily. I think the stock snapped back when he sold so much it cannot hurt the stock anymore. It holds up rather well, given the fact it sells 11x earnings. That’s the one we want to be, and I like it.
-On Bank of America ($BAC)
That’s a wrap. As always, we’ll be following Cramer’s every move so you can do the opposite.
See you tomorrow,
-IC