Mad Money w/Jim Cramer - 6/9/22
Mad Money w/ Jim Cramer
CNBC
4.3 • 4K Ratings
🗓️ 9 June 2022
⏱️ 46 minutes
🧾️ Download transcript
Summary
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| 0:00.0 | CNBC's Workforce Executive Council is a premier group of C-suite human resources |
| 0:05.9 | executives from leading companies across the country. It offers a members-only |
| 0:11.0 | portal and chat plus exclusive industry content with access to breaking news |
| 0:16.0 | calls and digital networking experiences. The network and resources HR leaders |
| 0:21.6 | need now. Apply to the Workforce Executive Council at CNBCCouncils.com slash |
| 0:28.4 | WEC. |
| 0:59.0 | other people want to make friends. Man I'm just trying to save you some money. My |
| 1:03.8 | job is not just to entertain but to educate to teach you and to try to put |
| 1:07.4 | this market in context because I know it's awful. Call me at 1-800-743-CBC or |
| 1:12.6 | tweet me at Jim Cramer. Want to daily like today with a Dow plunge 638 points. |
| 1:19.6 | That's not a nose dive. Give us a reason why you're selling. Did you borrow too much |
| 1:30.8 | money and the margin butchers are booting out to get the cash? Are your hedge fund |
| 1:35.6 | managers who's investors want their money back on redemption? Maybe it just can't |
| 1:40.1 | take it anymore and that's why you're selling. I always say people sell stocks |
| 1:44.8 | for many reasons but the only one on the reason they buy is to make money. Right |
| 1:49.4 | now the former camp is a lot more powerful than all of us. |
| 1:55.0 | Now it just been the whole week talking to very same kinds of companies that led |
| 1:58.6 | this horrendous market down. I got some good news. Actually though it's the same |
| 2:04.0 | news. The average Silicon Valley CEO I've speak to and I probably spoke to |
| 2:07.5 | two dozen this week. When asked about their plummeting stocks say simply why are |
| 2:12.3 | you judging us on a quarter when we have such a positive long-term story. Now |
| 2:17.8 | that is a true statement but the problem is the owners aren't patient and if |
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