Wednesday, 07/02/08
Posted 07/06/08,  08:21 am ET

(Scroll down to see Jim's comments below)

 
 
Today's date:  Wednesday, 07/02/08

  Dow Jones: 11,215  - 166
  NASDAQ:   2,251    - 53
  S&P 500:   1,261    - 23
 
 
 
 
 
Final Segment 1
 
 
Final Segment 1 Title: 'Am I Diversified'...

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Featured Stock(s): No new stock picks...
 
After this segment, you can see Jim's Sudden:Death picks here...

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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)


na

na

na

'Am I Diversified' Segment...

In this segment, Jim takes calls from viewers to critique their top five holdings, to indicate whether they are, together, relatively diversified as a standalone portfolio.

.  .  .  .  .


No fresh stock picks.





         

 

 

 



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Final Segment 2
 
Opening Segment 2 Title:

'CEO Wall of Shame - Update'

.  .  .  .  .

Featured Stock(s): Blockbuster Inc. (BBI)

 
After this segment, you can see Jim's Lightning Round picks here...


JJC:    Redemption is possible, when it comes to the Mad Money Wall of Shame...  You can either quit, fall on your sword, and get removed...  Or, you can do the right thing by shareholders, and get removed.

We put Jimmy Keyes, of
Blockbuster Inc. (BBI)... the CEO... on the Wall of Shame at the end of June.  Why did we do it?...  Because we felt very strongly that it was wrong-headed of him to be able to take what he's done, to turnaround this company... and then bid for a real loser, which is Circuit City (CC)...  We pleaded with him to walk away from the Circuit City table.

Well guess what he did yesterday?...

He walked away.

Now his stock was one of the few stocks that was up today, and I think it's going to go higher.

James Keyes... it is with great pleasure that I take you off the Wall of Shame...  You have completely and utterly redeemed yourself, and I thank you so much.

Now, who should move up (in the Wall of Shame rankings)?...

I have come to believe that this man (Jim is holding a picture of Jerry Yang, CEO of Yahoo! (YHOO) may be the biggest serial destroyer of capital during this whole era...

Washington Mutual (WM) (at the top of the list) has been up for the last three days...  let's actually put him second.

Jerry Yang, CEO of YHOO, had a chance to sell his company for almost double where it is now... YHOO... and he really, really has hurt you, if you own YHOO stock, and he has become the embodiment... just the absolute embodiment of exactly what we thought was beaten during the days when Michael Douglas reigned supreme on Wall Street.

This man has treated this company as if it is owned...  He owes the shareholders a chance to go back to the table and get the big money from Microsoft (MSFT). 

I am putting Jerry Yang at the top of the Wall of Shame...  and I've got to tell you something... that guy is truly shameful...

.  .  .  .  .

So, anyway, my take is...  Yang deserves the worst slot...  and, James Keyes, you have been redeemed.  Thank you for what you did for Blockbuster (BBI)... thank you for walking away from Circuit City (CC).

 

.  .  .  .  .

 

   
 

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)


BBI

2.67

2.68

Blockbuster Inc. (BBI)

         
 

 

[ 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 >>

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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