Best of the Web 11/16: Faber Rips Cramer, SEC Probing COMS Option, Gov Spending Out of Control

November 16, 2009 12:04 PM EST

StreetInsider.com Best of the Web:


  • CNBC's David Faber... no I mean Newsweek, Rips Jim Cramer for Bear Stearns Call. Calls the 2nd worst prediction. ‘Bear Stearns is fine' - Jim Cramer, March 11, 2008

  • The SEC is looking into option trading in 3Com (Nasdaq: COMS) before the announced acquisition by HP (NYSE: HPQ). “It screams insider trading to the SEC,” said law professor Peter Henning.

  • Is there an end in sight for government spending? During the month of October, the Federal Government spent $2.30 for every dollar of revenue it took in.

  • Japan's GDP gets a boost from stimulus spending. Japan GDP rises at an annualized rate of 4.8% in the third quarter.

  • Natural Gas may be stuck in limbo as more production comes on line. Related ETFs: US Natural Gas (NYSE: UNG)


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Stocks Mentioned

COMS 7.90

+0.00 +0.00%
Volume: 9,162,689
Track COMS

HPQ 46.41

-0.72 -1.53%
Volume: 17,449,042
Track HPQ

UNG 8.11

+0.22 +2.79%
Volume: 20,032,284
Track UNG


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