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Jim Cramer Makes A Great Call On Proctor & Gamble Today

Anyone who is not living in the cave knows the market crashed today for a few minutes and then went back up. The crash was caused by a huge crash in Proctor and Gamble's(NYSE:PG) price(24% drop). No one knows what caused the stock to tumble but it caused the whole market to tumble. It might have been a computer crash or it might have been a large short sale by a massive hedge fund or bank. Only time will tell.


I do not normally quote Jim Cramer but he had a great call on PG. I posted the video of Jim Cramer discussing the crash today as it occurred. Watch the video I do not feel the need to add more commentary. Kudos to Cramer.

http://valuewalk.com/videos-with-text-summary/jim-cramer-on-todays-market-crash-may-6-2010/

Rating: 1.5/5 (2 votes)

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GuruFocus has detected 6 Warning Signs with Procter & Gamble Co $PG.
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