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Reasonable Speculation

By Jim Cramer

 About this article:
 How much should we care about low dollar speculation? How much should we care about the incessant trading in CIT, and Fannie Mae, Alcatel-Lucent or Vonage and Sprint? Or even Citigroup? First, I have to tell you that I worry about it less than I used to. Why? Because when we used to have rules and government officials that were willing to speak the truth about stocks we wouldn't have these single-digit players out there every day. But without it, how in heck can people not believe that Fannie and Freddie Mac are the biggest and best bets on a turn in housing? It's not like anyone from the Securities and Exchange Commission is saying, "We have to halt trading." It is not like anyone is saying from the company, "Look, our company is worthless." Without that caveat is it really uninformed speculation? Plus, Freddie Mac...

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