Cramer's Rants / Stockl's Lemons

[billyjoe]

Cramer 6/30/06

There's still time to make money in mining stocks . Mineral extraction and mining equipment companies that operate in foreign countries are such a big part of the economies there they can afford to make payoffs to governments that seem enormous though they actually represent pennies in stock price. They are almost in partnership with the countries and are in little danger of being nationalized as might happen with smaller companies.
---3 best mining companies :
BHP--2nd in copper production,3rd in nickle, 4th in uranium
FCX--copper and gold , large mines in Indonesia , Spain
RTP--huge in iron ore extraction sell worldwide

---3 best mining equipment companies :
MTW--extraction by crane
TEX---heavy equipment for surface mining
CAT---best of breed trucks,trucks,trucks

Demand will continue for minerals in U.S.A. as well as (BRIC) Brazil, Russia,India,and China

----------billyjoe

[jiesen]

Cramer is apparently on vacation and they're showing re-runs. I know some folks here consider any information about Cramer as welcome as a turd in the punch bowl and I see your point but believe he does come up with interesting thoughts and ideas that make a person question their stock selection process. I haven't bought any of his recommendations in nearly 3 years but I've looked into several of them. Let me know if you'd rather I quit posting about Cramer. Maybe it doesn't really belong here.
-------billyjoe

Nah, it's all good billyjoe. I couldn't care less about what Cramer thinks of any particular stock, and I don't believe following his picks will make anyone any real money in the long run, but there is value in knowing what he's touting on his show, if just to explain some of the herd movement in these stocks... also you can actually get a few tidbits of news that you might otherwise miss from watching the show.

But if you can get all the important information from the show right here on this thread, there's really no reason at all you'd have to listen to his ugly manic mug. So I say go ahead and continue these posts, but only as long as that's what YOU enjoy doing.

....

mining? Buffett's out, and Cramer's in the metals now. Yeah, I think I'll pass. Let's find the NEXT big thing, shall we? Not the LAST big thing.

[IIC]

Heads Up...Stock Lemon's next target will be MOVE

[billyjoe]

Doug,
If I remember right homestore.com was one of IBD's favorite under $10 stocks along with HOM and IIG . They must all be taking their lessons from
crooksschool.com . I'm shorting MOVE on POTW but will give it to you if you want it.

-----------billyjoe

[IIC]

Doug,
If I remember right homestore.com was one of IBD's favorite under $10 stocks along with HOM and IIG . They must all be taking their lessons from
crooksschool.com . I'm shorting MOVE on POTW but will give it to you if you want it.

-----------billyjoe

Take it...PMTR is kickin' it...Doug(IIC)

[billyjoe]

Doug,
I think MOVE was HOMS before name change . I used to get HOM and HOMS mixed up turns out they may have had much in common.

-----------billyjoe

[IIC]

Heads Up...Stock Lemon's next target will be MOVE

Hey...my crystal ball was right http://stocklemon.com/

[billyjoe]

Cramer was back today , but I forgot to watch. As you may have heard from Doug (IIC) stocklemon did a report on MOVE (was HOMS until May '06). In summation, MOVE sells on line real estate listings space , has lost 2 billion over the last 13 years , with a tiny profit in '05. Despite a poor track record , price of the stock more than tripled in the past year. Although there are no convicted executives working for them at present , 11 former employees have been convicted on federal charges . Stocklemon considers MOVE to have a "terminal" business model that couldn't make money in one of the most prosperous periods in real estate history.

Reuters June 22nd : Stuart Wolff, former chief executive was found guilty of insider trading, falsifying records,inflating ad revenue by 67 million dollars, and lying to company accountants. Other executives of HOMS altered web sites, press releases, backdated documents , and used false addresses . They also conspired to blame the Sept 11th attacks for a performance drop of 20 million below estimates for that quarter. Also pleading guilty were former VP, ex-COO , and ex- CFO.

----------billyjoe

[IIC]

Speaking of StockLemon...Don't forget Mark Cuban's new site: http://www.sharesleuth.com

Let's run the crooks outta the market...It's a BIG job...But somebody's gotta do it...Might as well be you Billy...Doug(IIC)

[Rob]

MOVE sells on line real estate listings space , has lost 2 billion over the last 13 years , with a tiny profit in '05.

$2 billion over 13 years? That works out to $12.8 MILLION PER MONTH! How does a little start-up, Internet-based company even spend that much money in one month? Let alone every month for 156 months in a row? And presumably there were some earnings to offset those losses, meaning they spent even more than that! That's just unbelievable. They must have bought one heck of a lot of advertising, but they didn't buy enough to find me, because I never heard of 'em.

[billyjoe]

Rob,
Somewhere in the 2005 year they had a 250g profit , that was the only time since 1993.
----------biilyjoe

[billyjoe]

Cramer 7/06/06

Today he focused on bottom fishing for value stocks and featured 3 he deems as being undervalued for different reasons.
LEA--auto supply king dragged down by bad competition such as Delphi. Good chance they'll buy up some of their sick peers. Nothing wrong with Lear , suffering from bad reputation of others in group

STJ--got bad reputation caused by faulty products of others such as BSX. STJ makes heart devices and are likely to be the target of a takeover bid.

FO----dragged down with homebuilders although less than 1/2 half of their business is housing supplies and what they supply is replacement for existing homes such as kitchen cabinets. Good earnings report will show their strength.

Cramer Likes---TATA, NSS ,SLB, IGT

Cramer Hates---ANDE, ARRS , F

----------billyjoe

[billyjoe]

Cramer 7/7/06

Cramer extensively commented on his admiration for Smithfield Foods (SFD). They process pork and beef in 400 plants as the world's largest pork processor. By attacking their competitors at the first sign of weakness they are able to buy branches of the competition often for a price well under yearly sales . They recently acquired Sara Lee's European pork business for about .75 per dollar of yearly sales. Con Agra's Butterball turkey and ham divisions also have been or are about to be taken over.


Cramer likes : VLO WLT T SWN JCP ANF
Cramer hates : INTL IIIN EBAY JOE

---------billyjoe

[IIC]

Cramer 7/7/06

Cramer extensively commented on his admiration for Smithfield Foods (SFD). They process pork and beef in 400 plants as the world's largest pork processor. By attacking their competitors at the first sign of weakness they are able to buy branches of the competition often for a price well under yearly sales . They recently acquired Sara Lee's European pork business for about .75 per dollar of yearly sales. Con Agra's Butterball turkey and ham divisions also have been or are about to be taken over.


Cramer likes : VLO WLT T SWN JCP ANF
Cramer hates : INTL IIIN EBAY JOE

---------billyjoe

I used to really like Smithfield circa pre-90...looks like I shoulda just bot 5 or 6 blocks back then and held 'em...then I could be sittin' back sippin' Mai Tai's in Bora Bora right now and tomorrow and next week and next month and next year...IIC http://finance.yahoo.com/q/bc?s=SFD&t=my

[billyjoe]

Cramer 7/11/06

According to Cramer, 50% of a stock's upside is determined by sector strength regardless of earnings. For example , last quarter drugstore stocks as a sector tanked even though some such as WAG put up good numbers. These stocks stayed down for 7 weeks until rising FED rates put drugstores back in favor. Latest quarter earnings for WAG were very similar to last quarter , however, the sector now in favor responded with a good performance even for some bad stocks in the group.

Currently most tech stocks that have no defense by way of dividends , buybacks, acquisitions , and give no guidance are ripe for negative reactions in line with the market.

Cramer likes : WAG SRZ ASH FWLT LMT GIS

Cramer hates : FCX CRM CECO


Nothing new from stocklemon or sharesleuth

--------billyjoe