at $32. Whats anyone think about his daily rantings? I believe he got caught heavily short or he was getting blackmailed by some hedge fund and had to bash the financials daily. He did say he would buy HBAN last night on his show.
Cramer is probably realizing that JPM did not do anything that can be proved as illegal in the MF Global scandal. Those email trails do not reveal any shady dealings on the part of JPM - so far so good.
Any good news about JPM not being involved is going to move the stock up by more than a few cents for sure. How much and how far depends on the market mood that day, based on whether it is green or red.