🙃 Inverse Cramer Weekly Update – Oct 27
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MONDAY OCT 20
It is making money. But it’s still parabolic move and you know that i feel that parabolic moves are very suspect. I think you should ring the register.
-On Hut 8 ($HUT)
Now, it’s a meme stock.
-On Recursion Pharma. ($RXRX)
I’m going to have to say ‘No’. I want you to sell it.
-On Lightwave Logic ($LWLG)
Utz is hard to own. My daughter is in this business. It’s one tough business. I’m not going to sell the stock, it’s too low.
-On Utz Brands ($UTZ)
TUESDAY OCT 21
I know they filed a big convertible after the close. It’s going to push the stock down. That’s what I’m seeing in a lot of speculative stuff. No, no, no.
-On AST SpaceMobile ($ASTS)
It’s a parabolic move that is now declining. You’ve got to sell that thing.
-On Trilogy Metals ($TMQ)
It’s not worth owning. Absolutely not to that one.
-On Grail ($GRAL)
Giant insider selling does not work for me.
-On Rigetti Computing ($RGTI)
WEDNESDAY OCT 22
I think it’s such a good bargain. I’ve been wrong with MNTN, but I think it’s a good company. I’m sticking by it.
-On MNTN ($MNTN)
Constellation Energy is real, and they do make a lot of money. It’s up too much, it’s a good company though.
-On Constellation Energy ($CEG)
This is not some joker speculative stocks. I like that a year ago and I continue to like it now.
-On Microvast Holdings ($MVST)
Don’t buy these uranium companies. We’re like done. They’re up too much. We’re not playing this game.
-On Uranium Energy ($UEC)
THURSDAY OCT 23
I’m a buyer of Novartis. It’s a winner. I’m a buyer of Novartis.
-On Novartis ($NVS)
It’s a trading vehicle. I like investing situations (Sell, Sell, Sell).
-On INOQ ($INOQ)
China financials, not for me. I like Alibaba, that’s my only one over there. I’m sticking with that.
-On Qfin Holdings ($QFIN)
Kratos is a terrific stock. It’s come down a bit, it’s time to pull the trigger (Buy, Buy, Buy).
-On Kratos Defense and Security ($KTOS)
FRIDAY OCT 24
I think you’re right (Buy, Buy, Buy).
-On Apollo Global Management ($APO)
NFG has consistency.
-On National Fuel Gas ($NFG)
I don’t have any idea on what they own. We’re on dead street and we’re not going there.
-On Main Street Capital ($MAIN)
They’re a good company. It’s done quite well. You can own that stock.
-On Cameco ($CCJ)
This is a spec. I’m going to bless that one as your speculation.
-On Vanda Pharmaceuticals ($VNDA)
WEEKLY BONUS
That’s a wrap. As always, we’ll be following Cramer’s every move, so you can do the opposite.
See you tomorrow,
-IC