Jim Cramer's Stop Trading July 7th
In response to recent news that Yahoo! is no longer in talks with News Corp.(NWS) and is open to a deal with Microsoft(MSFT), Cramer felt that Yahoo! "management has its hands full and that Carl Icahn would win here" but then had to wonder "what is he really winning?" Additionally, Cramer doesn't think Yahoo! "will get a huge price anymore."
Turning to financials, specifically the Lehman(LEH) article today on Fannie Mae(FNM) and Freddie Mac(FRE), Cramer said "these financials are all in the same shape" and that they "need the government to stop looking and for everyone to stop saying we'll get through it."
Cramer said he felt that if that didn't happen, "we'll have a big bailout," which wouldn't help anything. He ended the segment by stressing to "absolutely sell Fanny and Freddie."
Published By TheStreet.comLabels: CNBC's Stop Trading, FNM, FRE, Jim Cramer, LEH, MSFT, NWS, Stop Trading
posted by Stock Administrator @ 10:16 PM
Jim Cramer's Stop Trading July 7th
In response to recent news that Yahoo! is no longer in talks with News Corp.(NWS) and is open to a deal with Microsoft(MSFT), Cramer felt that Yahoo! "management has its hands full and that Carl Icahn would win here" but then had to wonder "what is he really winning?" Additionally, Cramer doesn't think Yahoo! "will get a huge price anymore."
Turning to financials, specifically the Lehman(LEH) article today on Fannie Mae(FNM) and Freddie Mac(FRE), Cramer said "these financials are all in the same shape" and that they "need the government to stop looking and for everyone to stop saying we'll get through it."
Cramer said he felt that if that didn't happen, "we'll have a big bailout," which wouldn't help anything. He ended the segment by stressing to "absolutely sell Fanny and Freddie."
Published By TheStreet.com
Turning to financials, specifically the Lehman(LEH) article today on Fannie Mae(FNM) and Freddie Mac(FRE), Cramer said "these financials are all in the same shape" and that they "need the government to stop looking and for everyone to stop saying we'll get through it."
Cramer said he felt that if that didn't happen, "we'll have a big bailout," which wouldn't help anything. He ended the segment by stressing to "absolutely sell Fanny and Freddie."
Published By TheStreet.com
Labels: CNBC's Stop Trading, FNM, FRE, Jim Cramer, LEH, MSFT, NWS, Stop Trading
posted by Stock Administrator @ 10:16 PM
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