Why Not? - Cramer's Stop Trading! (9/19/08)

Recap of Jim Cramer's comments on Stop Trading! Friday September 19.

“I’m feeling so bad for the shorts,” said Cramer. “It’s such a shame.” Cramer went on, “Cox has an aversion to the uptick rule. I think it’s because he’s never been on a trading deck.” "I haven't heard anybody say anything good about this plan all day today," Jim Cramer said, referring to the government's plan to bail out the financial industry. "All I've heard is that everything's artificial and it's all bad," said Cramer. "I think the confiscation of Fannie Mae (FNM) was bad. Honestly, I mean, nothing's worked. Why not try this?"

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Comments

[Britishsteel]

anyone who was short through their own due dilligence the past week should be reimbursed, they change the rules in the middle of the game? How freaking unamerican and highway robbery. They will do anything to bailout big money and stick the taxpayer with the bill. shit never , ever rolls uphill does it ? comrades good luck

[Pfloyd234]

Yeah Its Bull!!!!

[bassmaster17]

Next we'll roll tanks into Canada to take over the oil sands. This is sickening...ban naked short selling and reinstate the uptick rule...I'm net long, but a free a market place should not allow this intervention. Great day for my portfolio, but a sad one for capitalism.

[ggbbppl]

will you listen to a mad man who like to short stock and place a nake trade? he is losing money, a lot of money. his hand got caught in the cookies jar. do not listen to him jim was one of the guy who cause this mess . he dose not own stock he borrow stock ,bet on it , take profit and retun the stock to the brokerage firm

[blondino]

everyone who had FNM/FRE stocks should be reimbursed, everyone who had LEH stocks should be reimbursed, everyone who has a mortgage loan should be reimbursed... so what's the worry? Cramer got shot in the leg after parading the 'socialist' type bailout and market intervention boosting shortsellers profits? what goes around, comes around...Paulson just intervened again from Central COntrol before the waves could reach his beloved Goldman...