Originally Posted by
Dr. Dave
I'm pretty readable huh? - here's a quick story...
I got all excited about SPNG, and I ran to scottrade, which is down the street from work, and deposited a check, as if you do it by hand, the money clears the following day. I get in there, and Cramer is on. He was explaining his rule #7 or #8, which is don't buy stocks trading in the single dollar range (he wasn't referring to unlisted stocks, but listed stocks that have been battereed into the single digits). Anyway, I got a little laugh cause it made me think of that PACR trade today... exactly the opposite of what CNBC, etc. is telling me to do... and the young lady asked me what I was laughing about... I just said "Cramer", and she said, "yeah, that's what we think about him in here too".
p.s. already looked at daily, weekly, monthly charts of Hasbro, along with option tables going out to January.