Cramer on MAD MONEY Calls Hansen Natural a Scary Stock
Yesterday on MAD MONEY Cramer gave a stock to avoid as a scary stock on Halloween. He said that Hansen Natural (HANS) is that scary stock. He said even after the sell-off it is up 150% and it has nothing proprietary about it.
For a Backgrounder with Cramer on HANS: On September 13, 2006 Cramer gave the same call saying its trajectory made it a broken stock. It closed at $29.76 back then, but a duelling analyst call with a big upgrade the next morning caused it to rise 10% immediately.
HANS shares closed up 1.3% at $31.75 yesterday, but fell 2.3% after-hours to $31.00 after Cramer panned it.
HANS will report earnings next week, but he thinks you need to get out before the report. He reminded about the 20+% drop after last earnings. He also said that Budweiser even took over its distribution.
Jon C. Ogg
For a Backgrounder with Cramer on HANS: On September 13, 2006 Cramer gave the same call saying its trajectory made it a broken stock. It closed at $29.76 back then, but a duelling analyst call with a big upgrade the next morning caused it to rise 10% immediately.
HANS shares closed up 1.3% at $31.75 yesterday, but fell 2.3% after-hours to $31.00 after Cramer panned it.
HANS will report earnings next week, but he thinks you need to get out before the report. He reminded about the 20+% drop after last earnings. He also said that Budweiser even took over its distribution.
Jon C. Ogg
posted by douglas mcintyre at 4:16 AM
Subscribe
<< Home