Cramer Says Sell! Sell! Sell! China Stocks
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I don’t know if anyone still watches CNBC and, if so, whether Mad Money’s
Jim Cramer still has people tuning in, but there’s a strange sense of deja-vu
in this clip from yesterday in which he laments the recent market crash correction
and provides some free advice.
Things become kind of surreal at about the 2:15 mark when he comments on (and
successfully pronounces, apparently) Guangdong Meiyan Jixiang Hydropower
Company and the now failed Chinese government’s support of its share price.
I had to stop the video there…
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Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
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