Final Segment #1:
'Family Therapy'
Friday, June 19, 2009
 

Jim:      While we've got all these families here, I'm going to take off my money manager hat, and put on my therapist hat for a round of "Family Therapy"... When it comes to detaching your emotions from stocks, I'm better than shock therapy...

Where are my first patients?...

(Cramer then went on to take three family members onto his "couch" for therapy about their investing psyche - actually, questions taken about specific stocks of interest)...

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Continued below...     

 

Market Results today:

Dow:  - 16

Nasdaq:  + 20

S&P 500:  + 3

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Jim's Charitable Trust Alert -
Just happened:

   * Just BOUGHT new stock:  Inverness Medical - IMA! 
  & just sold both BHP & 3M *  

  see all Jim's latest holdings here> 

Friday, October 22, 2008
(Cont'd from above)...

 

Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name

BAC*

13.22

'Family Therapy' Question...

Bank of America (BAC*)

Q:      Bank of America?

Jim:    Well, the preferred conversion just ran its course, so I think you're okay... You know what? A lot of people come in to see me, and they think that there's something wrong with them, but you know, I actually... You know, if you ask me whether you were nuts or not, I'd say, no you're not... I think that your family... I don't want to pronounce it cured, because obviously, we have to see from whether the housing starts pick up like I said, I think there's a bottom... but I can't think of a family that could have come in with a better stock, and I am saying that you guys are safe. I think you'll look good.


AAPL

139.48

'Family Therapy' Question...

Apple (AAPL)

Q:      Apple?

Jim:    Well I think that could fit very well with Bank of America (BAC*). I don't think they're mutually exclusive. Look, Apple at $138 bucks. Obviously, we moved a great deal off the $90 bottom when Jobs (CEO) got sick, but I think you're okay.


APC

45.54

'Family Therapy' Question...

Anadarko Petroleum (APC)

Q:      Anadarko?

Jim:    Holy cow, they are... You know, that stock's going to go back to the secondary (i.e., secondary stock offering price), I think $45. Natural gas is not going to hold over $4 bucks. But, you know what? Actually, to tell you the truth, I'd rather see you in BP plc (BP*)... I'd rather see you in BP*. Take that 7% yield. That would augment... Because you've got very little yield protection. These guys (referring to Bank of America and Apple) have no yield. Give me some yield. Get some BP* and then I think that you guys will never have to come in again for Family Therapy.


BP*

48.83

'Family Therapy' Question...

BP plc (BP*)

See APC comments above for:
BP*

 

▼   ▼   ▼   ▼   ▼

The Bottom Line!:     Oh boy... I really only cured one family. I really didn't do anything for them!
They knew better than I did!

 

[verbatim recap]

[end of segment]


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