Jim Cramer: Sears Stock Is Controlled

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said Sears' stock is controlled.
Author:
Publish date:

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said Sears' (SHLD) stock is controlled. 'I didn't say manipulated - controlled by a few hands,' he said, adding that the stock is separated from what's happening with its financials, otherwise the stock would be much much lower. Cramer advises against shorting the struggling retailer.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.