"Reverse Cramer" is once again in the spotlight: Serenity states that SPCX experienced a significant pullback after a bullish run

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Mars Finance News reported that on June 22, Serenity said that after SPCX received a bullish endorsement from Jim Cramer, its market value saw a significant pullback and sparked market discussion about a “Reverse Cramer Strategy.” Serenity stated that since Cramer expressed a bullish view around $210, SPCX’s market value has cumulatively pulled back by more than $5,830 billion, and said that the “Reverse Cramer” strategy achieved about 21% returns in the short term, even outperforming the performance of major indices over the past year within just 3 trading days.
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