My mission is simple, to make you money.

I'm here to level the playing field for all investors.

There's always a little market somewhere, and I promise to help you find it.

Mad Money starts now.

Hey, I'm Kramer.

Welcome to Mad Money.

Welcome to Kramer. Oh, do you make friends? I'm just trying to me to get a little bit of money. My job is not just to entertain, but do some teaching. So call me at 1-800-743 CMEC tweet Mitch and Kramer. We had this IPO today. Seven-year-after economy. Cerebrus. Price at 185. Stock opened at $350. Instantly make it worth $107 billion on a

fully glued basis. And it goes all the way up to 386 for closing at 311. Now, there is a word for that.

That word is fanciful because it was fanciful to pay that much the whole time. And that's putting a diplomatic notice.

I didn't say idiotic.

I didn't say stupid as much as I'm certainly itching to do so.

But that would be judgmental.

On a day where the Dow gained 270 points, the S&P advanced.

0.77%.

And the NASDAQ.

80%.

We had to witness this already overvalued stock come public at 111 times last year's sales,

not earnings, sales.

And it flew through that level of ease.

That wasn't enough.

Instead, the crowd went to north of 230 times sales.

230 times last year sales at its high.

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