Cramer's Garbitrage Sell Stocks

Description:

From 8-3-07:

"Garbitrage is coming back to hurt a lot of stocks -- and the people behind them. A few months ago, brokers were willing to lend hedge funds and mutual funds so much money that these borrowers were able to go into managements and threaten a sale. Sometimes they did it because, well, it looked like they just backed into the situation...These seem like big mistakes to me. You see all of these "garbitrage" situations blowing up, and there is no help here. I would sell them all.
Portfolio not tracked.

Most Viewed Portfolios

View All

Articles

5 Stocks Under $10 Set to Soar

10.24.14 | 02:41 PM

DELAFIELD, Wis. (Stockpickr) -- There isn't a day that goes by on Wall Street when certain stocks trading for under $10 a share don't experience m...

Sell These 5 Toxic Stocks Before November

10.24.14 | 10:05 AM

BALTIMORE (Stockpickr) -- Stocks are bouncing hard in the second half of October. Since Monday, the big S&P 500 index has rallied 3.4%, more than d...

More Articles
blog comments powered by Disqus
brokerage partners
connect with Stockpickr
Fan us on FaceBook
Follow us on Twitter