Cramer's Rants / Stockl's Lemons

[spikefader]

You know, Spike, I was afraid you or somebody might take that personally, and I almost didn't post it because of that. I like T/A pretty well, but within reason. I was just puffing out my chest and blustering because I agreed so whole-heartedly with what Cramer said on his show tonight about good companies being sold cheap. And when I used the term "panty-waist," I was not thinking of anyone on this forum, mainly just ticked off that institutional investors keep selling and selling when there's no good reason for it--like a bunch of "girly-men." And I mean no offense to any of the fairer gender by that comment either. It's just me blowing off a little steam.

Forgive my misunderstanding Rob and thanks. May your frustration soon be smothered and forgotten by massive profits.

[billyjoe]

Cramer 7-24-06

AVP , dog of a stock, is finally showing life due to exposure in China with 114,000 sales reps compared to 468,000 in U.S. This is a secular play that might take 18 months to kick in.

Big Pharma looking good especially since Medicare Part D is bringing in extra drug buyers.

Cramer Likes : DPZ FRK ASH ARRO WFA SGP

Cramer Hates : SONS ASTE ISSX VPHM

Nothing new from stocklemon or sharesleuth

----------billyjoe

[billyjoe]

Cramer 7/25/06

A tale of two stocks : one a Faux Secular that in reality is a Cyclical (WWY) , the other a true Secular Growth stock still perceived to be a Cyclical (CSX).

CSX has a multiple of 14X earnings. In the past it was considered cyclical since railroads were a last resort when problems arose with trucking. They are no longer dependent on a strong economy. They carry a strong mix of secular products , 25% coal , 12% grain for pig and chicken feed , 10-12% aggregate stone for road repair , 10% municipal waste. These all are needed regardless of economic conditions. Railroads have virtually no competition. No new railroads are being built. They can screw customers with rate hikes and customers can hardly switch to commercial trucking. Railroad equipment lasts longer without the constant maintenance needed for trucking.

WWY has been considered a Secular Growth stock for years. With tremendous competition from CSG , Cadbury Schweppes , lack of successful new products , and poor management (Wm.Wrigley Jr.) , they will have a difficult time delivering consistent earnings growth. Multiple is 22X earnings.

Cramer Likes : CSX FNSR CTSH PEP SGG GOOG NBR

Cramer Hates : CD VG NTRI

-------billyjoe

[peanuts]

Cramer Likes : CSX FNSR CTSH PEP SGG GOOG NBR

Cramer Hates : CD VG NTRI

-------billyjoe

Billyjoe,

I watched half of Cramer and and saw that he said good things about SGG. He mentioned that they make specialty steel something-or-others for high tech companies... this statement makes me really wonder just how much Cramer actually knows. I happen to know quite a lot about SGG, and from all encounters with the company and it's people, I have no knowledge that they deal in ANY steel products. I know that their core business is producing carbon electrodes for EAF's (electric arc furnaces). The way these are made is actually really interesting- extremely dirty, but really cool. Think of play-do and the little presses that they sell as kits to make extruded shapes like stars, cylinders, and what not... That's how they make these giant electrodes... they make up this mix of mostly carbon, a bonding agent, and aggregate... get it hot and put it in a big vat... then press the material through an opening (I've seen electrodes as big as 2 feet in diameter) to extrude a long cylinder of the material. Then they treat it, and harden it, and tap it, and thread it, and pack it, and ship it.

THIS is their core business, and though I agree with Cramer that the company is a 'BUY', I disagree with with him regarding the market in which they participate. SGG products are in high demand- not because of high quality or low pricing, but because the Steel Industry is booming and there are not enough electrode makers to supply the worldwide demand. Order booking is suggested to be done 3-4 months in advance from domestic producers and off-shore accounts can be backlogged as far out as 10 months!!!

If anyone is looking for a business opportunity, it would be in the importing and marketing of foreign electrodes for steelmaking EAF's.

Now, regarding Cramer: he seems to know a lot about the stocks that people ask him about, and he speaks with authority when giving his opinion. But, this is not the first time I remember him mistakingly describe a company's business (i.e. GV). It makes me doubt his future comments when he's talking about companies on the fly. However, I also think he is a sharp fellow that does good research and can make a lot of money himself as a trader. He has a grasp of the market that is better than 90% of the population (my opinion), and gives good advice regarding the analysis of portfolios and specific investments (after a thorough review). I think he should stop taking all these slap shots from the viewers... sure it gets ratings, but I think it will eventually come back to bite him.

And Billyjoe, thank you for doing a recap of his daily show. I like it and appreciate your efforts.


Looking for popular stock advice from Cramer
Is the typical path of a investing home-gamer.

[billyjoe]

Peanuts,
Thanks for your support. I think you may be right about Cramer sometimes not knowing as much about a stock as he claims. Rarely does he admit that he isn't familiar with a company and a few times he's come back and said his comments were about another company with a similar stock symbol , but overall he is quite knowledgeable. I find it interesting when he calls a CEO on the carpet for misleading information and he does it quite often. He said today that the NBR CEO had been telling it like it is for 20 years and that the analysts were wrong on NBR. I wouldn't want my company to get on Cramer's sh#* list. Cramer does make some terrible calls from time to time and he's such a good salesman he can easily sway a person's opinion. That's a danger I see with him , but if you can see through the hype there's some value in his program.
----------booyahboyaudit.com says his 52 week record is 428 winners 462 losers 3 unchanged with a gain of 4.28% vs. 3.72% DOW and 2.02% S&P 500.I thought it would be better than that and I believe a person could do their homework on his picks and improve greatly on those numbers.

--------billyjoe

[billyjoe]

Stay tuned for stocklemon report on OTCBB : FHAL . "CEO has created a perfect storm of securities violations" stocklemon 7/26/06. FHAL CEO Rufus Paul Harris has stated they are going to convert all existing shares to new shares @15.00. Last sale today was @1.01. Harris says their 3 month target is $100.00 per share . He also claims they will have 1 billion in profits in the next 10 years that will be given to shareholders in the form of dividends. FHAL currently has $9416 in cash and a wide range of seemingly worthless side ventures and websites that are hard to define such as http:/www.runbylove.com/ Harris also has a history along with some of his co-officers at FHAL running other shady companies that were halted by governmental sanctions.

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

[billyjoe]

Cramer 7/26/06

10 Good Tech Takeover Targets

To be on this list , the stocks must meet 2 or more of the following requirements.
1.) price down this year
2.) down because of options backdating scandal
3.) down due to recent short term event
4.) product or service fills need of a larger tech company
5.) are on takeover target list of other researchers
6.) a profitable company with cash that is having problems growing

Here are the companies on Cramer's list
1. BRCM
2. WDC
3. PALM
4. he was talking too fast I didn't get it
5. WBSN
6. BEAS
7. TIBX
8. FILE
9.AVID
10. ACTI

Cramer likes : NWS PG JNJ VF ESLR UNH PWEI BEAV TATA

Cramer hates : CMI JDSU ACI LLL

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

[ParkTwain]

TI should acquire BRCM.

MOT or AAPL should acquire PALM.

That's the extent of my wisdom.

[IIC]

Stay tuned for stocklemon report on OTCBB : FHAL . "CEO has created a perfect storm of securities violations" stocklemon 7/26/06. FHAL CEO Rufus Paul Harris has stated they are going to convert all existing shares to new shares @15.00. Last sale today was @1.01. Harris says their 3 month target is $100.00 per share . He also claims they will have 1 billion in profits in the next 10 years that will be given to shareholders in the form of dividends. FHAL currently has $9416 in cash and a wide range of seemingly worthless side ventures and websites that are hard to define such as http:/www.runbylove.com/ Harris also has a history along with some of his co-officers at FHAL running other shady companies that were halted by governmental sanctions.

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

Thx for posting that...Not for me...but when I saw your post I immediately made some phone calls...Hopefully I saved some friends...thx again...IIC

[billyjoe]

July 26th 2:02 ET

Conversion Solutions Inc. Releases Public Warning to www.our-street.com and www.stocklemon.com owners


-------------We hereby issue this public warning for you to cease and desist and retract the false and misleading information that you have posted about Conversion Solutions Inc. and The Frontline Group or legal action is forthcoming



--------check out www.our-street.com another interesting site

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

[billyjoe]

Cramer 7/27/06

Cramer predicts future newspaper headline : "VLO beats estimates (by as much as 1.00 /share) raises guidance and announces buybacks."

Worst piece of research for the month award : Alan Laws , Merrill Lynch , Downgrades HAL to neutral because of KBR division's uncertain earnings 7/24. This was after HAL had already dropped in price 5 points.

Luxury Stock Index --- Trending Lower so far down 3.1% YTD

The 12 stocks making up this index make money from the rich and upper middle class. Any significant drop in this index could indicate a recession. If drop continues , stay diversified and switch to defensive stocks.

Luxury Index Symbols : COH RL TIF FS HAR OEH JWN MOV DEO TOL WYNN RUTH

Cramer was branding steaks with a M M and I thought "holy crap, Mr.Market". Then I realized it meant Mad Money.

---------billyjoe

[IIC]

Great thread Billy...I enjoy reading it...thx...IIC

[mrmarket]

He really went overboard with that VLO analysis. He kept hyping the Maya crude that VLO runs at their refineries. Fact of the matter is that this crude is not run at all of their refineries.

With regard to the integrated and upstream oils:

...most of the Wall Street ANAL-yst targets are based on $54 oil. If you think oil will stay in the $70 range, all of these companies will smash their 2006/2007 targets.

[billyjoe]

Cramer 8/1/06

CMCSA --big growth ahead , getting control of the triple play hone , cable , internet

PFE----once hated now poised for big bucks with medicaid $$$ coming in from seniors. Should have 6 good months until HMO's start cashing in

UARM----take the profits, they can't sustain current profit growth , oversaturating market , not any good new products in near future

Likes : PFE CMCSA NWS PALM AMLN

HATES : VG BBW INTC BIDU DBRN UARM GLW


Nothing new from stocklemon , but we almost heard the first report from Mark Cuban's new venture , sharesleuth.com . They were to post their first story Monday , but were pre- warned of lawsuits by the target of the not yet written story. According to Cuban and his partner , writer Chris Carey
"We will pay in independent fact checker to review all stories and ensure details are correct and conclusions are neither false nor misleading" The first piece is expected in a few days.

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

[IIC]

Cramer 8/1/06

CMCSA --big growth ahead , getting control of the triple play hone , cable , internet

PFE----once hated now poised for big bucks with medicaid $$$ coming in from seniors. Should have 6 good months until HMO's start cashing in

UARM----take the profits, they can't sustain current profit growth , oversaturating market , not any good new products in near future

Likes : PFE CMCSA NWS PALM AMLN

HATES : VG BBW INTC BIDU DBRN UARM GLW


Nothing new from stocklemon , but we almost heard the first report from Mark Cuban's new venture , sharesleuth.com . They were to post their first story Monday , but were pre- warned of lawsuits by the target of the not yet written story. According to Cuban and his partner , writer Chris Carey
"We will pay in independent fact checker to review all stories and ensure details are correct and conclusions are neither false nor misleading" The first piece is expected in a few days.

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

Please keep us posted on the Sleuth...If they post the truth then it should fly...although, it does cost a lot sometimes in legal fees to defend yourself even when you are exonerated...I think that if someone sues you and you win that they should pay your legal fees...it happens sometimes...but I can tell you from real life experience that I have paid more in legal fees on a couple of cases where I won than I would have if I had just paid off the nuisance claim....And BTW...I have never lost.