Jim Cramer on SI-BONE, Inc.: “We’re Not Going to Buy the Money Losers”

SI-BONE, Inc. (NASDAQ:SIBN) is one of the stocks Jim Cramer answered questions about. Inquiring about the stock, a caller mentioned that it has declined around 30% since they last asked about it in January. In response, Cramer said:

Gee, I don’t know. That’s, whoa, they’re losing too much money. We’re in a tough tape. We’re not going to buy the money losers. We got a lot of stocks that are making a lot of money. They’re way down now. That’s where we’re going to look at.

Stock market reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels

SI-BONE, Inc. (NASDAQ:SIBN) develops and sells medical devices for musculoskeletal disorders of the sacropelvic area, including minimally invasive implants for sacroiliac joint dysfunction, pelvic trauma, and spinal support. A caller inquired about the stock during the January 6 episode. Cramer responded:

Yeah, okay, so, you have to understand, this is a great, great speculation, I mean, terrific. And I’m glad you brought it to our viewers’ attention. I myself am going to huddle with research director Ben Stoto… and we are going to get to the bottom of this because I keep hearing this company’s name over and over and over again.

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