Keep Buying Big Brown - Cramer's Lightning Round (9/4/08)

by: SA Editor Joan Wickham September 04, 2008 | about stocks: BQI / DE / DOW / DSX / FDX / FRO / GM / GME / HAL / HWAY / MEE / NAT / NBR / UDRL / UPS / WPI

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Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday, September 4.

Bullish Calls:

United Parcel (UPS) -- “Keep buying Big Brown into the weakness in gas prices.”

Oilsands Quest (BQI) -- “I like this speculative energy play.”

Healthways (HWAY) -- “This stock is down enough to be a buy.”

Deere (DE) -- “This stock’s a buy at $62. Deere is too cheap.”

Halliburton (HAL) & Nabors (NBR) -- “Halliburton and Nabors are better picks than Union Drilling but be careful. Massive hedge fund selling is bringing these stocks down.”

Bearish Calls:

Fedex (FDX) -- “United Parcel is a better pick.”

Watson Pharma (WPI) -- “Watson is the worst house in a great neighborhood. I like biotech in this environment, and this stock could make investors some money, but I like other names more.”

GameStop (GME) -- “The GameStop trade has passed. Sell, sell, sell.”

Massey (MEE) -- “We’re done with coal. I can’t recommend Massey.”

Dow Chemical (DOW) -- “If it weren’t for what Cramer sees as a bad acquisition in Roman Hoss, he’d be more bullish on this stock. Don’t buy.”

General Motors (GM) -- “That stock’s too speculative for me.”

Union Drilling (UDRL) -- “An oil driller that missed its latest quarter? I can’t recommend Union.”

Diana Shipping (DSX) -- “If you’re going to buy a shipping stock, go with Frontline (FRO) or Nordic American Tanker (NAT) instead.”

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Fast Money - The Dow Falls Down (11/19/08) Nov 20, 2008
Investment Woes Torpedo Markets Nov 20, 2008
Jim Cramer's Lightning Round - Dividends, Dividends, Dividends (11/19/08) Nov 20, 2008
Cousins Properties Incorporated Q3 2008 Earnings Call Transcript Nov 20, 2008
Jim Cramer's Stop Trading! Is Steve Ballmer a Diabolical Genius? (11/19/08) Nov 20, 2008

Related Stocks:

BQI, DE, DOW, DSX, FDX, FRO, GM, GME, HAL, HWAY, MEE, NAT, NBR, UDRL, UPS, WPI

This article has 4 comments:

Sep 04 10:46 PM
you will go broke listening to him, on tuesday said the rally is for real bwhahahaha and today 324 points down and now he is a bear saying selll at the bottom we get rally next wekk maybe even tommorow end of day,
when he says sell thats when big boys want you to sell to them cheap. keep in mind all his great calls this guy has no credibility whatso ever give me a tv show and I will make you money. lol
Reply
Sep 05 08:51 AM
Cramer should be fired. He is like the weather man. He can be wrong (a lot) and he still has a job. If I was wrong as much as him I would be canned.
How about you?
Reply
Sep 05 06:20 PM
He's like a clown dancing on the end of a string. Cut the string and down he goes.
Reply
Sep 06 05:11 AM
I hope he isn't crazy - I have 10,000 shares of BQI . . . patiently waiting for some big oil company or Chinese company to buy it out. On June 26th, BQI put out an updated resource estimate of 6.6 billion barrels of oil. At $100/barrel that would be over $600 billion. Even at 75% production cost, it still leave a company value of over $150 billion. Divided by its current 228.71million shares, let's see, that is over $655 per share. I think it will be worth the wait!
Reply

More Comments on UPS »

More by SA Editor Joan Wickham

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People Don't Stop Smoking - Cramer's Lightning Round (10/24/08)
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Unfairly Punished - Fast Money Recap (10/24/08)
on Oct 24, 2008 | about AMGN,BNI,AAPL
Market Trims Hedges - Fast Money Recap (10/23/08)
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Better Choices - Cramer's Lightning Round (10/15/08)

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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.
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