Cramer: Apple Hype Priced In - Miriam Metzinger

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Cramer: Apple Hype Priced In
Jun 11, 2008 02:51 PM UTC

Miriam Metzinger

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AAPL		06/11/08	+204.19%	--

6/10 - "Recap of Jim Cramer’s comments on Stop Trading! Monday June 9.

Apple (AAPL), Research in Motion (RIMM): While Apple might be generating enthusiasm over the release of its new iPhone; most of the excitement is already priced in.“Apple’s been a great trade in a really bad market,” Cramer said. But he added, “we’ve had a very big run. Let’s be sensitive to that.” He recommended selling three-quarters of a position in the company by the end of Monday. Cramer would buy more Research in Motion if it falls below $120."

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