Sunday, March 11, 2007

Cramer on Taking Down Goldman, Bear, Lehman, etc

Thestreet.com's Wall Street confidential features Jim Cramer talking about how he would push down shares of Goldman Sachs ahead of their earnings this week through the use of put options.

http://www.thestreet.com/_yahoo/video/index.html?clipId=1373_10343608&channel=Cramer+On+Demand

1 comment:

Glen said...

I assume that dealers selling all those GS puts to Cramer (or whomever) would need to hedge by also selling the stock short, is that the reason GS would collapse?