After this segment, you
can see Jim's
Sudden:Death picks
here...
. . . .
.
Jim: Drug
stocks... pretty tricky to own
sometimes... tricky, because they're
often in the crosshairs of reporters,
like no other stocks I follow...
Sometimes the drumbeat of reporting gets
too loud and overwhelms the stock...
Sometimes the reporting makes it too
hard to own a drug stock... and that's
how I feel about
Schering-Plough (SGP),
long a favorite of mine, which I gave
the boot to last week for
my charitable trust...
I gave it the boot last week because,
frankly, I could not take the headlines,
like you had today in the paper... the
nauseating articles about how bad and
dangerous and risky SGP's Vytorin is...
Don't get me wrong... this
anti-cholesterol drug, which is 50%
Merck (MRK),
and 50% SGP... it's got a host of
problems... There are plenty of
problems that are coming out now... that
don't read well for the drug and,
therefore, the companies...
But it's the New York Times coverage
that seems the most depressing and
damaging to the story... specfically the
writer by a terrific reporter... Alex
Berenson, from the New York Times...
he will not let go of a good story.
Unfortunately, for SGP shareholders,
Vytorin's trouble is just such a good
story...
It's the press coverage, more than the
actual side effects of the drug, that
has made me no longer want to own the
stock of the drug company with the best
pipeline, and the best patent
protection, of the major pharmaceutical
companies...
Here's the bottom line...
. . . .
.
The Bottom Line!:
When you buy a drug stock, no matter
how well-run the company is... all the
great stuff... you've got to worry not
just about the selling of the drug, but
also the byline of the reporters... and,
in this case, the byline has turned
Schering-Plough (SGP)
into a sell line in my
my charitable portfolio.
■
Stock Snapshots - Includes
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Jim
Cramer's
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price
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day
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price
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each)
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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:
Why is my
beloved GLW
still being
shorted?
It looks like a
very cheap stock
right now.
Jim:
I looked at it
under $20 today,
and I was
shocked that it
was down there.
They did have...
they have
tremendous
exposure to big
screen TVs and
to glass and,
obviously,
people think
there's a
worldwide
slowdown.
I think the
stock's overdone
to the downside.
Also, they have
that great fiber
business that
Verizon
(VZ)
is using.
I don't know...
Do I want to
start a position
in it now?
Kind of
tempting,
frankly...
na
na
na
Mad Mail
General comments
on energy
dependence.
Q:
Do you think the
governement will
go along with
the Pickens Plan,
and will it
matter whether
democrats or
republicans are
in control?
Jim:
I think it has
to be, but not
for the reasons
that are just
because natural
gas is
plentiful.
But because
energy
independence is
going to become
the issue for
the next 10
years in this
country... or as
long as it takes
us to become
independent.
[
end of final segment ]
Go to the SUDDEN:DEATH
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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
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Thumbs up - indicates
he would buy the stock or,
at the very least, not sell
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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.
