Cramer warns the GameStop surge has everybody unrealistically looking for stocks about to triple

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CNBC's Jim Cramer questioned 'are prices real' on Wall Street anymore, as he exasperatingly tried to explain GameStop's renewed rally.

"It is what people want. They want a triple. That's not necessarily what we can provide," thehost said. "Robinhood wants it. WallStreetBets wants it," he added, referring to the online brokerage popular with young investors and the Reddit forum at the center of the GameStop saga.

Against the backdrop of the economic damage from the coronavirus pandemic, Cramer said incredulously that GameStop is "what's gripping America" and the investing public. The online-driven trading frenzy around the video game retailer ignited again Wednesday, when the stock doubled following the announcement of next month's departure of Chief Financial Officer Jim Bell. The stock soared over 70% again Thursday at one stage before cutting the gain in half in volatile session.Ryan Cohen, a major GameStop investor and co-founder of online pet food retailer

 

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reckless $CDXC Chromadex TruNiagen. If 1 billion people bought 1 bottle $35 per bottle it's easy to see how how the current valuation of a little over 1 billion could balloon very quickly. Look at the benefits and research and it seems the only question is how many billions of bottles.

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reckless $CDXC is where it's at. $GME is so yesterday.

reckless If you tell me this Bs should not stop , I will tell you you will lose you money playing , I’m 100% sure

reckless Bigger moves this time.

reckless GME is restructuring and innovating. There is more technology today then there was in the past. I believe in GME.. 😎

reckless For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to her lisaMakT Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️

reckless I remember when Patel wasn't an embarrassment

reckless More good news please(((

reckless Munger was salty

'unrealistic'.. meanwhile it not only 3x it went 4x SORRY YOU HAD PUTS

Is this the same Cramer who was in love with Zulily right before the stock tanked, falling from $73.50 to $18.75 at the time of their rescue by QVC. I can still hear him gushing and saying that Zulily was a company that did everything right.

When you ignore the entire reason this stock, as well as AMC/BB/NOK, has had interest - % shorted - of course you're going to say this is unrealistic. Go on jimcramer, have fun with your boomer stock analysis. Your time is coming to an end.

Cramer is not paying attention to the oddities surrounding the data on this stock.

Cramer is a scammer. The real story is the brokerage firms manipulating trading AGAIN on behalf of hedge funds at the expense of retail investors.

No one cares what Cramer has to say, he is irrelevant. CNBC should be looking at adding viewers and help guide them instead of trashing them. Fire Cramer and hire guys like Keith Gill. There are plenty of Main Street retail traders that are knowledgeable and can contribute.

I agree

This is undeniably true, unfortunately

I just moved to your city, who wouldn't mind showing me interesting places?

Yawn cramer knows nothing. Just babbles for his tendies from hedgies

OMG - Crusty the Clown is right for a change

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