April 4th - CMI
Live from Indiana University Cramer recommended Cummins Inc. (CMI)
Closing Price: $145.25
Sector: Industrial Goods
Days to Cover: 4.5
Short %: 8.80 %
% Held by Insiders: 5.14 %
A $145 stock is too rich for shorting off this recommendation as it is up only just over a percent after hours on light trading. As I have said many times, these "expensive" stocks just don't generate mass buying that is best when considering a short.
Comments on "April 4th - CMI"
A recovery is under way.