Jim Cramer's Stop Trading! Stock Picks and Comments, May 3
Monster Worldwide (MNST): Concerning the options trading and betting on a takeover in MNST, Cramer said, 'That's shattering. I don't like to see that ...It's also clear that it's illegal. This is one that I'm just kind of shocked that the amount of accumulation here is so great, and it's been over several days." However, he added MNST ' is the last independent play on what I regard as being a very hot area on the web.' Potential buyers are Google, which may want to compete with Yahoo's Hot Jobs, Gannett, which may want to expand beyond the newspaper business and Ebay. Cramer predicts a bid will be made within 35 days and the price will be over $55 a share.
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