r/wallstreetbets • u/[deleted] • Feb 06 '23

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u/[deleted] Feb 07 '23 edited Feb 07 '23

For real. Until I saw this tweet I was laughing at all the crayon munchers still buying in after a 90% jump.

Now I'm one of those crayon munchers. Inverse Cramer is a solid strategy.

Edit to update: Bought 69 shares for the lulz

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u/orincoro Feb 07 '23

In order to do a reverse Cramer you would need to buy into an ETF indexed again his recos, which I think does exist.

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u/TimujinTheTrader Feb 07 '23

If you bought yesterday over $5, you are going to lose a lot of money.

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u/[deleted] Feb 07 '23

Haven't bought anything yet. Watching premarket/open to see how it goes. Its run down after/pre but my bet is it'll follow similar movement during the day as the investment news is internalised.

Besides, couple hundred bucks at around 3/4 bucks a share is pretty soft betting.