Poor Jim Cramer. The one and only time this year that he touts a stock and it doesn’t collapse took place just last week with Disney (DIS). He was SO EXCITED at the one time he didn’t totally embarrass himself, he wouldn’t stop tweeting about it. You can absolutely sense his exultation.
You know where this is going. The “Bob Iger is coming back” effect lasted almost no time at all, and for those who were able to “pay 99 [if you can]” as Cramer advised, they’re already underwater.
Of course, wokeness may have something to do with it, with them churning out films about gay sex for children:
