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Tuesday, June 13, 2006

Cramer on "Stop Trading"

"Live In Play (www.briefing.com)
13-Jun-06, 15:36

SIRI Sirius Satellite pops to session high as Cramer on CNBC says good trade is long SIRI and short XMSR - stocks should not be trading in lock-step (4.11 +0.00) ."

This is a pair trade that we have heard making the rounds at hedge funds. Unsure of how to value companies that have not reached CFBE, funds have been discussing this as a "sector neutral" combination.

6/13/2006 03:42:00 PM


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