Jim Cramer on Citi's Downgrade of AAPL [Video]

Posted December 19, 2012 at 4:15pm by iClarified | Please help us and submit a translation by clicking here | 5615 views

Jim Cramer recently ripped into Citi for its bad advice when it comes to Apple's stock, reports FORTUNE.

Not only did Citi miss Apple's run from $560 to $705 -- a six-month stretch when the bank provided no coverage at all -- but then the new team gave clients a 20-day one-two punch: Issuing a Buy at $571 just before the stock fell to $509.79, then downgrading Apple to Neutral just before shares bounced back to $533.90.

Take a look at the clip below...

Read More



[Sorry, Flash]

Share
Add Comment
Follow iClarified
World's First Swimming App for Apple Watch [Video]
Check out this video demonstration of what is...
iPhone 6 Plus Explodes While Charging on Bedside Table [Photo]
An iPhone 6 Plus reportedly exploded in Tai W...
GoPro Launches Smaller, Lighter HERO4 Session Camera
GoPro has announced the HERO4 Session, its sm...
Watch the World Premiere Trailer for Minecraft: Story Mode [Video]
Telltale games unveiled the world premiere tr...
iClarified Jailbreak Wizard Updated for TaiG iOS 8.4 Jailbreak
The iClarified Jailbreak Wizard has been upda...