On today’s STOP TRADING segment on CNBC, Jim Cramer’s "monster call" is pertaining to Monster Worldwide (MNST-NASDAQ). Cramer said the options activity in Monster Worldwide is signaling a Gannett (GCI) or Google (GOOG) buyout may be coming. The accumulation is so great and this could be a great buyout for them. Even eBay (EBAY) could get involved according to Cramer. The call options that traded today would indicate that this deal could come at north of $55 per share within the next 35 days. Shares are up 9% on the day now at $48.00+. He first touted the need for this merger back on April 17.
Jon C. Ogg
May 3, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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