“Mad Money” host Jim Cramer appeared on the April 3 “Squawk Box” and claimed he has received “a lot of death threats.” He blamed it on the way he critiqued certain stocks which triggered angry and sometimes over-the-top emotions.
“You know, look, obviously I’ve had a lot of death threats,” Cramer said. “They’re actual death threats. And, you go to the state police and the state police go to the local police and the local police call the guy and that’s what you have to do, or you bring suit against them. I’ve had to do a lot of that.”
What do you expect when you make calls like this:
Cramer was much criticized by another stock commentary recently. Just days prior to the Bear Stearns (NYSE:BSC) takeover by JPMorgan Chase (NYSE:JPM), Cramer told his March 11 “Mad Money” audience Bear Stearns was fine and not to move your money from the investment bank. On the news of the takeover on March 17 the JPMorgan was getting Bear Stearns for $2 a share, the stock plummeted over 80 percent at the open of the exchange floor. Cramer clarified his statement to say he mean the bank itself, not its common stock. But he was still lampooned on “The Daily Show.”
Sounds like negative sentiment is boiling over and that has to be bullish.
CNBC’s Cramer: Job Brings ‘A Lot of Death Threats’
Business & Media Institute