Jim Cramer advised people to buy stocks from Silicon Valley Bank a month before her collapse

Der Moderator von CNBCs Mad Money wurde oft in den sozialen Medien gegrillt, weil er Menschen geraten hatte, in Vermögenswerte zu investieren, die unrentabel werden oder umgekehrt. Sein jüngstes Beispiel ist die berüchtigte Silicon Valley Bank, die Opfer eines Bank Runs wurde und am Freitag schließlich kollabierte. Cramer sagte, SVB-Aktie kaufen „Dieses Unternehmen ist eine Handelsbank mit einer Einlagenbasis, die die Wall Street fälschlicherweise beunruhigt hat“, erklärte Cramer in seiner Sendung vom 8. Februar. Er fügte hinzu, dass die Bank „weniger abhängig von Private-Equity- und Risikokapitalangeboten“ sei, bevor er das hinzufügte Die Aktie „ist immer noch billig“, obwohl sie zu …
The moderator of CNBCS Mad Money was often grilled on social media because he had advised people to invest in assets that become unprofitable or vice versa. His most recent example is the notorious Silicon Valley Bank, which was the victim of a bank run and finally collapsed on Friday. Cramer said SVB share "This company is a trade bank with a deposit base that the Wall Street has incorrectly worried," said Cramer in his program on February 8th. He added that the bank was "less dependent on private equity and risk capital offers" before he added the "is still cheap", although it was ...
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The moderator of CNBCS MAD Money was often grilled on social media because he had advised people to invest in assets that become unprofitable or vice

his latest example is the notorious Silicon Valley Bank, which was the victim of a bank and finally collapsed on Friday.

Cramer said SVB share buy

"This company is a trade bank with a deposit base that the Wall Street has incorrectly worried," said Cramer in his program of February 8th. He added that the bank was "less dependent on private equity and risk capital offers" before he added the "still cheap" stock, even though it rose by 40 % YTD at that time.

A month later, on March 8, the problems of SVN became known to the general public when the bank announced that it had sold a large part of the securities with loss and plans to sell over $ 2 billion in new shares to remedy their balance.

The company's shares crashed shortly afterwards, and the announcement triggered panic among the inserts who hurried to withdraw their money from the bank.

The shares in question that Cramer had advertised as cheap a month ago suffered another blow on Thursday and were finally stopped on Friday. The supervisory authorities had to become active when the Federal Deposit Insurance Corporation took over the bank during the trading day. The independent federal authority usually waits for the end of trading hours.

"The condition of the SVB deteriorated so quickly that it was no longer five hours. This is because the inserters took their money so quickly that the bank was insolvent and that a closure during the day was inevitable due to a classic bank," said Dennis M. Kelleher, CEO from Better Markets.

The fall of the bank harm the crypto industry, as it turned out that at least one giant-circle-kept a considerable part of its USDC reserves in it. As a result, the second largest stable coin lost its dollar parity and saw how over $ 8 billion dollars of their market capitalization evaporate.

cramers earlier strokes

Although he has been on the air for many years, Cramer has its fair proportion of controversial investment advice that goes in the opposite direction. He was particularly questionable when it came to his views of the cryptocurrency industry.

His previous recommendations ranged from the purchase of BTC and ETH to the sale of both assets to avoiding crypto. This prompted certain investors to open reverse trades, while others believe that the market will go in the opposite direction from what he said.

Nevertheless, some people grilled the Mad Money host on Twitter because he inflicted losses.

at the beginning it was strange that Jim Cramer was always wrong.

Now it is extremely sad how many people and families he destroyed because he was always wrong.
The guy must be finally removed from the air.

pic.twitter.com/4ur1ykkcew

-Appatunität (@appa4two) 10. March 2023

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Der Moderator von CNBCs Mad Money wurde oft in den sozialen Medien gegrillt, weil er Menschen geraten hatte, in Vermögenswerte zu investieren, die unrentabel werden oder umgekehrt. Sein jüngstes Beispiel ist die berüchtigte Silicon Valley Bank, die Opfer eines Bank Runs wurde und am Freitag schließlich kollabierte. Cramer sagte, SVB-Aktie kaufen „Dieses Unternehmen ist eine Handelsbank mit einer Einlagenbasis, die die Wall Street fälschlicherweise beunruhigt hat“, erklärte Cramer in seiner Sendung vom 8. Februar. Er fügte hinzu, dass die Bank „weniger abhängig von Private-Equity- und Risikokapitalangeboten“ sei, bevor er das hinzufügte Die Aktie „ist immer noch billig“, obwohl sie zu …
The moderator of CNBCS Mad Money was often grilled on social media because he had advised people to invest in assets that become unprofitable or vice versa. His most recent example is the notorious Silicon Valley Bank, which was the victim of a bank run and finally collapsed on Friday. Cramer said SVB share "This company is a trade bank with a deposit base that the Wall Street has incorrectly worried," said Cramer in his program on February 8th. He added that the bank was "less dependent on private equity and risk capital offers" before he added the "is still cheap", although it was ...

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