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