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  1. Home
  2. / Jim Cramer

Jim Cramer: Meme Traders, Right Now, the World Is Your Oyster

Here's how AMC and GameStop can really shine, if they want to seize the chance.
By JIM CRAMER Jun 01, 2021 | 12:34 PM EDT
Stocks quotes in this article: AMC, GME, COIN

If you are a meme trader, is the world your oyster?

I say, yes.

AMC Entertainment's (AMC)  chief executive Adam Aron, for one, is a man with an oyster. He can grow into his market cap and refinance his debt, and the next thing you know he has a real growth company.

What's crucial is that after this genius equity sale, he finds another savior. And another. With each one the story grows stronger.

Not only that, but he has set the stage for Ryan Cohen to make GameStop (GME) into another company. He, too, can do a deal with a money manager to become a different company entirely. I continue to think that the way to go is to rival Coinbase (COIN) , but with physical stores that teach people about all of the different cryptos as they go on and become the def-facto banker for the entire country.

Then when he is finished, he can be bought by a bank itself and make a killing.

Why does he not do this?

Lack of creativity, that's all. If he asked me to run it -- and he won't -- he creates a $50 billion company instantly.

Why not? What's the objection? There are no rules. No regulations.

It's his chance.

He should take it.

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At the time of publication, Action AlertsPLUS, which Cramer co-manages as a charitable trust, had no position in any security mentioned. 

TAGS: Stocks | Jim Cramer |

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