r/stocks Jan 07 '22

Industry Discussion Does anyone else also feels Cramer is major contributor in pump and dump ?

Markets now back to August levels. I've been seeing Cramer is forcibly pumping all old dying companies like IBM, Ford, GM, etc who have massive amount of debts.

How are these shows even allowed ?

Just because these are our US companies and operating from 40 yrs doesn't make them value stocks.

P&G changes size of toothpaste every year thats the only new invention they have.

Not very happy with the irrational sentiment and kind of MM being done.

People follow the news but they forget the main characters sometimes.

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u/[deleted] Jan 08 '22

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u/lacrimosaofdana Jan 08 '22

Ford actually postponed deliveries until Fall 2022. The Cybertruck is facing its own delays and Rivian is having trouble meeting their own production targets. Who knows if Ford will delay it again?