Monday, December 1, 2008

Cramer Getting Cut?

According to this article, CNBC "is preparing to slash ten percent of its budget, cutting everything from perks to personnel."

Maybe they will get rid of Cramer. In some ways I hope not.
Thanks, Cramer, for helping me find buyers for the Downey stock I shorted.

By the way, I forgot to mention on here that Downey was finally shut down by the Feds.
Here was my 2007 year end review of the Downey trade.

I am uber-short right now.

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