Consider today, on a day when the nasdaq lost. 11 . Let me set the stage for people who may not be up on whats happening. Before i answer these incredibly important questions i just laid out. This morning David Einhorn an excellent Hedge Fund Manager announced hes suing apple because they want to block a suggestion of his. I said he says, that would aggressively return capital to its share hordes. Einhorn want to stop them from amending their charter so he says it cant eliminate this possibility of offering a preferred security that he believes could give shareholders some major consistent return on investment, rather than the common stock of which he frankly said needs a little juicing. Lets put it that way. He thinks it can do that. Einhorn said this morning, while apple is a quote, a phenomenal company, creating iconic products that consumers around the world love, end quote, hes not happy with the way apple manages its finances. He wants apple to do more with its 137 billion cash h
Siemens. Answers. We asked total strangers to watch it for us. Thank you so much. I appreciate it. Ill be right back. They didnt take a dime. How much in fees does your bank take to watch your money . If your bank takes more money than a stranger, you need an ally. Ally bank. Your money needs an ally. Im jim cramer. Welcome to my world. You need to get in the game. Firms are going to go out of business and hes nuts theyre nuts. They know nothing. I always like to say that theres a bull market somewhere. Mad money, you cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Im just trying to save you a little money. My job is not only to entertain you, but to teach and coach you, so call me at 1800743cnbc. What the heck do people want out of a company . What do people want out of a stock . How come youre not asked that company when an activist is suing the best performing company of our lifetime . Isnt that what we have to c
Of his depression era grandmother. He wants a annual 4 cash dividend. Which he says could boost the faltering stock. At least by of late, several hundred dollars a share he thinks he can move it. Let me say this. I run a Charitable Trust that as this a stock in apple and im hard pressed to find one that does as good as apple. I could be more critical of the performance of thousands of other stocks. And thousands of other managements than i would have before i would pick a fight with apple. Thats why i think that why ihorn can question what theyre doing with their cash, i think this is wrong headed. As apple explained in a statement today, the company is in the midst of a colossal throw year ban to return billions to its shareholders thats hardly chump change. I think apple has the right to hold the cash that it has. This is a high quality problem to say the least. A total victim of success issue that can be solved by apple raise its own dividend very nicely and not creating a whole new
Late to give in. You aint seen nothing yet even though the dow had the eighth straight up day in a row. Thats what i heard all day yesterday and today. The dow edged up another three points, s p dipped 2. 4 and the nasdaq is back 3. 2 . Look, you know me. I always want to make the points. And theres still plenty of money to be made in this market if theres money to be made on stocks or even renting them you know i want you to make that money but i also know the psychology of the market lurks big right now. I see people all over the place trying to join me in the bull cap they have been sunshine bullied summer bulls i see people coming on our air and saying hey, listen, i was wrong oh, yeah i shouldnt have called a top, because it felt good to call top now they like it because the market is working. And you know what . I dont like that. Im seeing analysts who have been bearish on stocks and ive liked for some time. Ages. And theyre coming out now and saying now is the time to buy, buy,
After a covid-long hiatus, Social Street are back with a vengeance! Bringing back their soulful, crisp melodies and hooks that will linger in your ears for days and days after, the duo are rekindling their fire of funk! Celebrating the release of their new single ‘Come Over’, Social Street will be playing old originals that you know and love, as well as a few brand spankin’ new ones for you to groove to. For the first time ever, Social Street will be accompanied by the best soul musicians Melbourne has to offer, their supergroup back-up band, The Funk Soldiers. Comprised of close friends of the duo, the group has musical chemistry that is palpable and infectious.