🙃 Inverse Cramer Aug 29
THURSDAY AUG 29
This is a very speculative situation. It is up huge. I don’t know if I’m coming at the right level, but I have to tell you, every time there is an immunity compromise, there’s some big money down the road. They sound like they have something breakthrough.
-On Adma Biologics ($ADMA)
I think this is a very difficult situation. They need to make a lot of money, and they have been trying. In the end, we need companies that make money. If they don’t pull out with their losses, it doesn’t matter.
-On MP Materials ($MP)
There’s no investing in this; at this point, it is speculating. You can certainly speculate in any biotech that you want but understand that you’ll have to be able to lose a lot of money to make a lot of money.
-On Delcath Systems ($DCTH)
That’s a wrap. As always, we’ll be following Cramer’s every move so you can do the opposite.
See you tomorrow,
-IC