Oklo (OKLO) Shares Are Bid Up “To Spite Me,” Says Jim Cramer

We recently published Jim Cramer Discussed These 11 Stocks & The Market’s 3rd Bull Run Anniversary. Oklo Inc. (NYSE:OKLO) is one of the stocks Jim Cramer recently discussed.

Oklo Inc. (NYSE:OKLO) is a nuclear power plant developer. Cramer has discussed the firm several times this year, primarily in the context of speculative stocks and retail trading. While initially he wasn’t a fan of Oklo Inc. (NYSE:OKLO), Cramer briefly changed his mind before advising viewers on a Mad Money episode to “not touch it.” In fact, Cramer went as far as to call the stock “a dog” in late September. In this episode, he remained adamant that some traders drove Oklo Inc. (NYSE:OKLO)’s shares to simply “spite” him:

“Oklo’s now up two. They’re doing this to spite me. Really there are guys out there. . .Cramer just said Oklo’s down, let’s move Oklo. I am not kidding. You think, he thinks, that I am wrong. David, get up at three thirty and watch what they move. That’s when they move their stocks, they move them when there’s no resistance.

“You know what they do? Nothing. It’s a company about nothing. No it’s small nuclear reactor, and it’s got contracts. David, they’ve got contracts!. . .I love Oklo.”

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Disclosure: None. This article is originally published at Insider Monkey.