Jim Cramer provided a bullish price prediction for Uber Technologies stock during his CNBC television segment Mad Money. He stated that the ride-sharing giant will more than double in price and deliver stellar returns to investors. Cramer mostly remains on the wrong side of the tracks as observers claim that the opposite occurs from what he predicts.

They were not wrong this time around as Uber stock briefly dipped in value after Jim Cramer predicted it would more than double in price. This added to Cramer’s list of wrong predictions, giving observers more fuel to do the opposite of what he predicts. The phenomenon had given way to the ‘Inverse Cramer’ list of wrong price predictions.

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When Jim Cramer spoke highly of Uber, the stock price was trading at the $89.94 level. After his prediction, Uber stock fell to the $86.91 level, shedding 3.4% of its value and erasing $3.03. “I think Uber’s going to $200,” Cramer said during the Mad Money lightning round. The timing of his prediction is notable as it went south when he said it would go north.

Jim Cramer Predicts Uber Stock to Rise 130%

Uber could reach a high of $200 next, said Jim Cramer in the CNBC’s Mad Money segment. He also called the company a “cash flow juggernaut” and urged investors to “go buy more here” even at the current levels. It was at the $89.94 range when he gave the buy call, and it ended at $86.91 by the next day.

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Jim Cramer also doubled down on his Uber stock prediction after a caller asked his opinion on whether to hold or sell. “Now, Peter asked, should he stay or should he sell? But you know what he should be doing? (buy, buy, buy). That’s the kind of skepticism I like, healthy skepticism, but the stock is worth buying right here,” he said.