Monday, May 01, 2006
Action Alerts Plus: WTR
Cramer is selling 1,000 of 3,500 shares of WTR @23.91. He feels the shares may sell off, as hedge funds bail on the stock following a disappointing quarter. However, he will not sell more than 1,000 shares and will look to buy back if the shares trade lower.
He notes an open slot in his portfolio and tells subscribers that he is looking for a quality name at a discount.
He notes an open slot in his portfolio and tells subscribers that he is looking for a quality name at a discount.
