Finally, Cramer erred his grievances about Monday’s after-hours trading, when panicked sellers made some trades that truly astonished the “Mad Money” host.
“I can’t believe I even need to spell this one out, but Alibaba’s a Chinese company, and China is North Korea’s only real ally. Although they keep saying they’ll help us negotiate, the [People’s Republic] is fine with a nuclear-armed North Korea,” Cramer said. “Given how well this company’s doing, this stock should’ve been a buy, not a sell.”
“Honestly, if you want to take a really grim, really cynical view here, the traders should’ve been buying Apple on the news and selling its main competitor, the South Korea-based Samsung, because if a conflict does break out, Samsung’s headquarters would be right at the epicenter,” Cramer said.
Frustrated by the panic, Cramer had a final piece of advice for the traders who sold the stocks without good reason: “Take a deep breath, chill out, and for heaven’s sake, learn from your mistakes!”