We recently published 12 Latest Stocks Jim Cramer Discussed. Bullish (NYSE:BLSH) is one of the stocks Jim Cramer recently discussed.
Cryptocurrency exchange Bullish (NYSE:BLSH) is the latest firm to list its shares on the stock exchange. Since being listed, the stock has lost 7.7%. Cramer commented on the movement and ascribed the drop to profit taking. Here are his complete remarks about Bullish (NYSE:BLSH):
“[On his thoughts about Bullish’s price action] Okay, so I think that it was amazing. Basically because it went up, a huge amount. And then there was profit taking. And that was actually, shows a little bit of rationality. I think there are a lot of people who just say, when I was watching someone’s, Frank Holland’s actually, show talking about how we all know it’s frothy. And I am a little more in the Rick Rieder camp, who says that it’s a really good time to invest. And the fact that Bullish came down a little bit made me feel okay, it’s not completely crazed. I was confused by Tom Farley, he’s the CEO, talking about how it’s gonna be a Solana-based business. Because you can’t buy Solana at Fidelity. IF you wanna buy Solana at Coinbase, you have to have a picture of your driver’s license. I mean they were like carding you to buy Solana. I want to know more about Solana was their choice.”
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Disclosure: None. This article is originally published at Insider Monkey.
