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JPMorgan Chase & Co. Message Board

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  • nazawall nazawall Dec 21, 2011 1:05 PM Flag

    Is Cramer finally covering his short position

    Cramer needs to come clean as to why he has been frantically trying to get the financials to tank. Did he tell his family to short them and now they are loosing their shirts.

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    • 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.

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