Friday, March 21, 2008

"Take-Unders"




When Cramer says Citi is subject to a "take-under" he means that Citi is going DOWN. He uses euphemisms that must be caught on the fly. Only the addicts catch this, as Aron Burnett let it get by three or so times during Stop Trading, giving the benefit to those who were up on their toes, but leaving the rest to the opposite impression, as Cramer's overall presentation focused on the words implying it was a takeover and good for Citi.

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