Monday, 06/16/08
Posted 06/16/08,  11:11 pm ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Monday, 06/16/08

  Dow Jones: 12,269    - 38
  NASDAQ:   2,474    +20
  S&P 500:   1,360    + 0
 
 
 
 
 
Final Segment 1
 
 
Final Segment 1 Title: 'Wall of Shame'

.  .  .  .  .

Featured Stock(s): Discussion about Jim Cramer's Wall of Shame, adding CEO of YHOO, Jerry Yang.

See the latest member of Jim Cramer's CEO Wall of Shame here.


 
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)


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na

na

na

 

 

 



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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)

RAME

6.10

6.15

Mad Mail

RAM Energy Resources, Inc. (RAME)

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...

DV

59.99

59.86

Mad Mail

DeVry, Inc. (DV)

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.


PCP

103.26

103.58

Mad Mail

Precision Castparts (PCP)

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 show here >>

See current quotes on Yahoo! Finance from tonight's show stocks here >>


Netflix, Inc.


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:

jim-cramer-charitable-trust-stocks.com

 
See the stocks currently known to be in Warren Buffett's portfolio
of stocks at:

warren-buffett-portfolio.com

 
  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...

StockHomework101.com

This site is coming soon.   Thank you.

 
  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.

Fast Money Recap - Trades for next day...

Compare these picks to Jim's comments for the same stocks.

 

 

   
   
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