is this man beginning to sound like bill clinton?
(from 12/14/98, by cramer.)
"You will not see me on CNBC's
"Squawk Box" on Wednesday, pending a review of the
WavePhore (WAVO:Nasdaq) controversy.
In my zeal to demonstrate how a short squeeze works, I
made it a point on the morning of the show to find out if
WAVO shares could be borrowed. I had no intention of
shorting WAVO; I just wanted to demonstrate that it could
not be borrowed and was therefore subject to a short
squeeze that could explain some of the stock's behavior of
late. I had my firm check to see if it could be borrowed so I
could be a more effective co-host, as I never intended to
trade the stock. I was just doing my job as a communicator
of what is going on out there. The controversy is being
reviewed by CNBC. Until the review is finished, you should
not expect me on "Squawk" again.
I learned of this action this morning, and after telling my dad,
who knows I am on every other week and was expecting to
see me, I am now telling members of the site.
I remain confident that, having not shorted WAVO nor having
done anything else with the stock, I will be vindicated and be
back on CNBC. I do love the show and am very
disappointed. I do hope that I can be a part of it again."
yeah, sure. btw, i didn't know cramer did contrite. not a very good fit, i must say.
good move on CNBC's part. |
