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Oct.15
3:25 PM ET
Monday, 15 Oct 2007
Stop Trading!: XM/Sirius Deal Gets Done
Posted By:Carlo Dellaverson
Topics:Mergers & Acquisitions | Stock Picks | Stock Market
 |
Investors will get a “$5 stock almost immediately” when the Sirius [SIRI
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]/XM Satellite [XMSR
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] merger gains approval, Cramer said on Stop Trading!. The deal has been held up in regulatory hearings since it was announced in February.
Crocs [CROX
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], a favorite of Cramer’s, is up on an otherwise down day because of a huge short squeeze, he said. The stock is still “a go” and Cramer likes it on a long-term basis for its international exposure.
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