After this segment, you
can see Jim's
Sudden:Death picks
here...
. . . .
.
I'm throwing two stocks in
the Sell Block tonight,
along with an idea... You
don't even need to take
these stocks down... you
need to listen...
I'm using these stocks as
representatives, all
right... and the
stocks are...
IndyMac Bancorp Inc.
(IMB)...
That's a beaten down
thrift... one of the worst
mortgage offenders... It's
trading at $1.99.
and...
Standard Pacific Corp.
(SPF)...
A homebuilder that's
exposed to pretty much
every bad market.
That's at $2.79...
I'm using these to caution
you... to caution you
about what looks to be the
great lottery ticket of
all time... single-digit,
low, under-$5 stocks.
Now, we all know that
these two are stinkers...
they keep disapointing,
and that's okay.
But, right now, they're
covering that stink up
with perfume, okay...
It's the mystique of the
under-$5 stock...
It's even stronger than
the mystique of the
under-$10 stock...
The idea I'm throwing in
the Sell Block is that
it's always safe to
speculate on these low
dollar amount names, no
matter what. It
isn't.
. . . .
.
Note: We
now quickly post the
specific stock
recommendation, and Jim's
"Bottom Line" for each
segment... and then
follow-up with the
complete recap of his key
comments. Check back
early
tomorrow morning, to read
the complete recap of this
segment, and tonight's
entire Mad Money show...
. . . .
.
The Bottom Line!:
This is not an exercise to
pick on IndyMac (IMB)
or Standard Pacific
(SPF).
It's just to say that, if
they have low share
prices, that doesn't mean
you want to speculate with
them... because they're
both in a lot of trouble.
And, if you buy them, I
think you'll be in a lot
of trouble...
Because, yes... low-dollar
speculation can lose you a
lot of money.
■
Stock Snapshots - Includes
all stocks mentioned above
■
Jim
Cramer's
rating on
this stock
STOCK
SYMBOL
Closing
price
that
day
Opening
price
next
day
Full Company
Name/Comments
(see comments above for
each)
Most popular
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(click any book to see at
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Second Segment
Final Segment
2 Title:
'Mad Mail'...
. . . .
.
Featured
Stock(s):
See comments below...
After this segment, you
can see Jim's
Sudden:Death picks
here...
. . . .
.
■
Stock Snapshots - Includes
all stocks mentioned above
■
Jim
Cramer's
rating on
this stock
STOCK
SYMBOL
Closing
price
that
day
Opening
price
next
day
Full Company
Name/Comments
(see comments above for
each)
Q:
Thank you
for AUY*... I've
been buying on
the way down!
JJC:
AUY*... Yes,
it's exploding
up with
pleasure.
I bought it all
the way down for
my charitable trust... You know
it's my favorite
gold, and my
favorite growth
gold stock...
na
na
na
Mad Mail
On using Nascar
as an indicator
of great stocks
to buy...
Q:
On the
business side
(of Nascar),
brand loyalty is
huge in
racing... mobile
advertising at
its finest...
JJC:
Nascar and
advertising...
It's all about
best-of-breed.
The
best-of-breed
guys have the
money to
advertise.
It's really one
of the greatest
ways to invest
that I've seen.
You start with
what's
(advertised) on
the Nascar car,
and then you
could do the
homework, and it
eliminates about
90% of the bad
stocks.
It's a great way
to invest... I
kid you not... I've
done studies on
it.
[
end of final segment ]
Go to the SUDDEN:DEATH
SEGMENT from
tonight's showhere >>
See current quotes on Yahoo!
Finance from
tonight's show stocks
here >>
Symbol keys:
A Charitable Trust stock.
- An asterisk next to a
stock symbol indicates that
Jim mentioned it is a stock
that he manages within
his
charitable trust portfolio.
You can see the complete
portfolio
of stocks
here >>
Thumbs up - indicates
he would buy the stock or,
at the very least, not sell
the stock. We do our
best to interpret Jim's
opinion on stocks, as we
think it is indicated by his
comments during the show.
Please read his comments to
decide for yourself.
Thumbs down -
indicates he has said not to
buy or to sell the stock,
based on his comments
We do our best to interpret
Jim's opinion on stocks, as
we think it is indicated by
his comments during the
show. Please read his
comments to decide for
yourself.
Back up the truck -
indicated by Jim, when he
says the stock is so good,
that he would do a
'mon-back' on the stock...
In other words, this is the
sound someone would say to a
truck driver, "Come on
back... " as he is "backing
up the truck" to load up on
his cargo. Translation
for buying stocks:
This recommendation by Jim
indicates that, after you do
your own
homework on the stock,
you should feel comfortable
loading up on it, as it is
in a good position to be
bought at this point.
Stumped. - Of the
2,000+ stocks that Jim
Cramer has in his head, for
which he has an informed
opinion, he sometimes comes
across a caller with a stock
he does not know well enough
to opine on... He then
indicates he is stumped and
will have to come back to
it, after he does some
homework of his own on
the stock. This
usually occurs during the
Lightning Round, when Jim
does not know in advance who
is calling, or what their
stock question is about.
Definitions of key phrases
used by Jim, known as
"Cramerisms":
Definition: 'Pull the
trigger' is Jim's phrase for making
the decision at that point to trade -
either to 'buy' or
to 'sell' (although he
usually uses the phrase for
buying), as if to say you
should feel comfortable
enough to make the final
decision without looking
back...
Definition: 'Ring
the Register' is Jim's phrase for
selling a stock, and making
it a final sale, that you
should not look back on.
Put it behind you.
Definition:'Let It Come In' indicates how you
may wait for it to pull back, or have the
stock price come down briefly, as your
chance (after letting it come in) to buy
the rest of your position (i.e., total
number of shares you own in that stock).
Definition:'backing it up'
or 'doing a 'mon-back' is Jim's
phrase for the metaphor of backing up a
truck to load up on a stock by buying
it. 'Mon-back is short for the
imaginary worker saying, 'Come on
back...' as the truck is backing up to
receive its load... Notice that we use
the little truck icon to indicate where
Jim has mentioned this.
Translation for buying
stocks: This
recommendation by Jim
indicates that, after you do
your own
homework on the stock,
you should feel comfortable
loading up on it, as it is
in a good position to be
bought at this point.
See more
"Cramerisms" & other
financial phrases
here >>
Helpful Websites:
See the stocks currently
known to be in Jim Cramer's
Charitable Trust at:
Stock Homework 101:
This is an excellent
upcoming site that provides
resources and links to help
you do that homework that
Jim Cramer recommends after
hearing his suggestions...
FastMoneyRecap:
This site will be a quick
summary of recommendations
made by the great Fast Money
TV show crew, that will
offer you a unique service,
to compare their picks to
Jim Cramer's past comments
about those stocks.