Media

Cramer on Heelys and News Corp

On today’s STOP TRADING segment on CNBC, Cramer said if you can get Heelys (HLYS) under $20 grab it but now he thinks it may go up to $28 or $30.  He says he doesn’t want to buy it at $30.

He then discussed News Corp (NWS), as he thinks Murdoch pulled the wool over Malone.  He thinks this is the same as a giant buyback, and News is the fastest growing media company  in the country.

Cramer’s secret stock is "CSWC"…Capital Southwest, as they had a tie to HLYS.

Jon C. Ogg
December 7, 2006

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