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Cramer warns shorts about betting against science in coronavirus

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Jim Cramer

Scott Mlyn | CNBC

CNBC’s Jim Cramer argued Monday that stock market short-sellers are unwisely doubting the ability of scientists to slow the spread of the new coronavirus.

“This is a day where you say, if I’m short I’m betting against science, not betting against the lackadaisical attitude of many people in the country, ” Cramer said on “Squawk on the Street.”

Short-sellers take positions on the hope that the market will drop.

Cramer’s comments came shortly after Johnson & Johnson announced plans to start human trials on an experimental COVID-19 vaccine by September, earlier than the pharmaceutical giant had previously stated. The company also said the vaccine could be…



Source cnbc.com

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