After this segment, you
can see Jim's
Sudden:Death picks
here...
(Jim started his segment
reading off the back of
his book, the testimonials
about the author of Good Guys and Bad Guys)....
JJC: Joe
Nocera is the best
business writer alive... I
always believed it... Now,
with Good Guys and Bad Guys,
we have the proof.
Nothing could be more
gratifying to the good
guys, or frightening to
the bad guys, than to hear
that Joe Nocera's on line
one... Who wrote
that? Jim Cramer,
host of CNBC's Mad Money!
Endorsing Good Guys and Bad Guys,
and I'm bringing on Joe
Nocera right now...
The book is good man!
And you know that I'm not
just going to let you rest
on the laurels of the
book... I've got the
New York Times, business
columnist... and, yes, I
start my Saturday mornings
with you every Saturday...
When I knew that you had
written this book, I said,
I sure hope that Joe will
come out, because you
never know the moment when
someone on our
Wall of Shame
decides to drop off it...
perhaps because of a
firing, or maybe because
he did the right thing,
and decided to spend more
time with his family...
Sure enough... over the
weekend... This
fella... we had a special
wing... It's kind of
an annex of the Wall of
Shame... this fella,
Marty Sullivan (now ex-CEO
of
AIG
(AIG)...
well, we knew this guy had
to go... This guy
was a serial destroyer of
value...
JJC: Joe,
here's the issue...
I'm in a jam... I'm
in a real jam, because
I've got to find someone
to replace Sullivan... and
we know that you know the
bad guys... so, right now,
I'm asking you... who
should take Sullivan's
place on the hallowed Mad
Money Wall of Shame?...
Nocera: "I
thought you were going to
give me a tough one... I
think YHOO's (CEO) Jerry
Yang should take AIG's
empty spot on the
Wall of Shame."
. . . .
.
The Bottom Line!:
Let me thank you, Joe
Nocera, for being the
first ever guest
executioner from the
Wall of Shame,
and you deserve it...
And you know why... This
guy's New York Times
business columnist, and
author of a great book, Good Guys and Bad Guys,
which I actually read,
because I'm not a joker...
and has actually just put
on a bonafides member of
the Wall of Shame, who -
the next time you see this
wall - he will either be
gone, or we'll have his
picture up... Joe
Nocera, thank you very
much...
. . . .
.
■
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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Final Segment 2
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:
I listened to
the 1Q 2008
review for RAME
and I was
curious as to
why you would
recommend them
with $351
million in debt?
I can see how
their growth
would be
enormous with
the expansion of
their West
Virginia and
Barnett Shale
rigs, and their
188% growth in
1Q sales.
However, their
financials seem
like they have
too much debt.
Am I missing
something? JJC:
I like companies
that are
drilling like
crazy...
The big problem
I have with the
majors (i.e.,
major oil
companies like
Exxon Mobil (XOM)
is that they're
busy buying back
their stock and
boosting
dividends.
I wish they
would take down
debt and take
advantage of
these high
prices, and
drill...
Q:
On of the top 10
needs of
humanity is
education.
I feel that old
technology could
be the answer to
world education.
The combination
of wireless
communication
and
internet-capable
wireless phones
should be a
winning team to
get knowledge
out to the
world.
What do you
think? JJC:
Actually... I
was going to
recommend DV
before that
Justice
Department
investigation,
and I am going
to circle back
and do that when
it's a
straight-out
education play,
and I like it
very much.
Q:
Help, we are in
the house of
pain with PCP.
Can a slight
pullback in
aerospace cause
this kind of
price erosion? JJC:
Yes it can, but
I want you to
stick with it.
Because PCP is a
great company
and I am not
backing away
from it.
[
end of final segment ]
Go to the SUDDEN:DEATH
SEGMENT from
tonight's showhere >>
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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.
