CCJ: How crazy am I?

[tekbubble]

So I'm browsing through the stocks Cramer talked about on Mad Money last night, checking each one out, when I see that Cameco Corps [CCJ] is down 50% since previous close.

I just decided drop some cash on it thinking it has to be bottomed out at this point. Trouble is, I cannot find out what is going on with it other than a couple small pieces of good news.

Does anyone have any insight into this?

[GDFLS]

Looks like they had a 2:1 stock split today.

That would have caused the drop I would think.

[GDFLS]

Well not a drop, but the % change from the price you saw at the close.

[Bman409]

So I'm browsing through the stocks Cramer talked about on Mad Money last night, checking each one out, when I see that Cameco Corps [CCJ] is down 50% since previous close.

I just decided drop some cash on it thinking it has to be bottomed out at this point. Trouble is, I cannot find out what is going on with it other than a couple small pieces of good news.

Does anyone have any insight into this?


It split.. It should be shorted at its current price of $36.71

[tekbubble]

Thanks!