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Can't find any evidence of that claim that Cramer said buy bc HE believes it could be a buyout candidate some day
Shorted this based on huge rise with no real news.
Plus earnings likely to disappoint as Q4 was negative in GDP and Consumer Confidence is low. Check stats.
So when it dropped on no real news you went long?It was reported Friday Ken Fischer took a stake in HAIN.
welp, Hain will crush earnings in coming week as they always do. Price heading higher
"Can't find any evidence of that claim that Cramer said buy bc HE believes it could be a buyout candidate some day"
Well, it's right in front of your eyes (if you choose to look at the headlines!!!).
This "news" came out TWO days ago.
HAIN Yahoo Quote, below quote are headlines including:
•Jim Cramer: These 10 Companies Ripe for M&Aat CNBC(Tue, Jan 29)
And here's the text:
""Hain is the one stop solution for any one the slower growing packaged food companies to take aisle space in the fastest growing public supermarket chain on earth, Whole Foods," said Cramer.
"If I were running Campbell's Soup, a company devoid of serious organic growth, I would take the cheap money every bank is offering and I would purchase Hain," Cramer said."