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"Reverse Cramer" is once again in the spotlight: Serenity states that SPCX experienced a significant pullback after a bullish run
BlockBeats News, June 22 — Serenity announced that after receiving a bullish rating from Jim Cramer on SPCX, its market value experienced a significant pullback, sparking market discussions about the "Reverse Cramer Strategy."
Serenity stated that since Cramer expressed optimism around $210, SPCX's market cap has cumulatively declined by over $583 billion, and claimed that the "Reverse Cramer" strategy achieved approximately 21% returns in the short term, even outperforming the major indices' one-year performance within just three trading days.