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Worst Downgrades - Cramer's Stop Trading! (9/5/08)

How anyone can doubt that Cramer is in the back pocket of financials like Lehman, after cheering them on, day after day, is beyond me. Ospraie, 20% owned by Lehman I've read, sells off on redemptions and there's Cramer, ignoring that fact, but saying their something fundamentally wrong with a company like RIG. Are they making too much in contracted day rates, signed years in advance? Is the forward P/E too ridiculously LOW? The Chinese idle 2M factory workers and 230 plus factories from July 17th until the completion of the paralympics (Sept. 16th), and the industrial world ends with people like Cramer trying to throw commodities under the bus, to slow it's path directly at his financials. I love the 300 days until a housing bottom even more than last year's prediction that the DJIA would hit 14,548. That's priceless. It's twice that.
Sep 06 12:33 pm |Rating: 0 0 |Link to Comment |View article

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Jim Cramer's Picks -
Sample

Better Choices - Cramer's Lightning Round (10/15/08)

by SA Editor Rachael Granby

Stocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.

Bullish Calls:

Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.

Bearish Calls:

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Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
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Worst Downgrades - Cramer's Stop Trading! (9/5/08)

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