Cramer's Rants / Stockl's Lemons

[billyjoe]

Cramer 8/2/06

Likes : CVX ABB FO MAS UTX A IIP ACAS AUY JCP VLO URS FWLT

Hates : RACK SBUX AMKR CHS VG


Stocklemon report on Fronthaul Group /Conversion Solutions Jul. 27 conference call (OTCBB :FHAL) "CEO Rufus Harris is a liar and has been lying to shareholders. This is FRAUD FRAUD FRAUD"

"There were so many lies in the July 27th conference call we couldn't count them all so we narrowed it down to the biggest 3.

1.) the company converted a Venezuelan bond to cash and now has 500 million in the bank

2.) NASDAQ said FHAL would be approved for immediate trading if price set at 1.75/share

3.) There are 62 million outstanding shares give or take 10 million. SEC filings state an additional 95 million in convertable debt and preferred stock

CEO Harris again urges everyone to buy as much stock as possible
Stocklemon tells Harris if he can prove they have 500 million in cash and equity they will remove all mention of FHAL from the stocklemon site and purchase a Run By Love CD from them and listen to it in it's entirety.

Stocklemon also warns FHAL that they are protected by the first amendment and FHAL will have to pay court costs for any trivial lawsuits brought against them. Stocklemon has all but come out and called CEO Harris a nut case.

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

[billyjoe]

Cramer 8/3/06 Buybacks

Not all stock buybacks are good. Here's 4 bad types:

1.) the ugly borrowed money buyback , funds are borrowed instead of from excess cash (TWX)
2.) botox buyback used to shrink market cap to hide low earnings (ENR)

3.) schizophrenic buyback, blowing cash in an industry that's going down the toilet (PFGC)
4.) impotent buyback - buyback followed by issuing new stock

Here are 4 good types of buybacks :

1.) value buyback-stock is worth less than value of company assets (OMM) bought back 18% of outstanding shares last year

2.) nobody believes in us buyback --we know we're good but analysts don't believe it or care (JCP) bought back 14% of shares last year

3.) afraid of being taken over buyback--(IR)

4.) aggressive buyback-- good news is just around the corner and we want to cash in (DVN) bought 10% of shares

BAC and WFC just strenghtened their stocks with major buybacks

LIKES : ERTS QCOM BLS MHS

HATES : NKTR ESLR ATVI LLL WMT TXRH CSCO MIG

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

[Rob]

Thanks for the recaps, Billyjoe. I like reading them and appreciate the effort you put into this thread.

[Lyehopper]

Thanks for the recaps, Billyjoe. I like reading them and appreciate the effort you put into this thread.

Ditto, Great job BillyJoe!

It's funny that Jimbo just loved ESLR about eight weeks ago....

[billyjoe]

Cramer 8/7/06

What if anything is promising in retail ? Forget teen clothing , it's dead, the show is over, however, infant and toddler fashions up to age 10 are hot with 2 stocks head and shoulders above the rest.

GYMB--started out selling girls clothes , now into boys in a major way.They operate under 5 divisions with 17 outlet stores, 28 Canadian, and 537 retail U.S. stores. Selling at 18X earnings they have raised guidance.

PLCE---best kids clothing chain. Comp store sales +15%, largest guidance increase of all clothing retailers, bought out 317 Disney Stores and retain the valuable name brand,all stores are company owned, trade at 16X earnings

Multiple contraction is killing high multiple stocks, regardless of earnings. 3 big examples : Starbucks , Whole Foods , Hansens Natl.

Reasons high multiple stocks are tanking :

1.) Fed raising rates, worries about inflation
2.) Stocks are selling at multiples greater than 2X growth
3.) Are already priced for perfection , can rarely not disappoint
4.) Analysts know they must beat estimates by a lot
5.) Once they start to sell institutions drop them like a hot potato

CPKI--restaurant regional going national showing great potential

LIKES : PLCE GYMB LI AAPL Q KMB F

HATES : MRVL MMM CBB COGO LU MWY



Sharesleuth : stay tuned for report on Xethanol XNL :AMEX , Bogus ethanol stock ?

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

[IIC]

Sharesleuth's First Victim...XNL

http://www.sharesleuth.com/

[billyjoe]

Sharesleuth's report on XNL, a brief synopsis.

Xethanol XNL :AMEX claims to have the ability to produce large quantities of ethanol from wood chips , corn stalks , and paper sludge. Production has been almost non-existant so far. All inquiries are met with an "that's confidential information" answer.

8 of XNL largest shareholders were former stockbrokers disciplined by the SEC and Natl. Ass. of Securities Dealers amongst others

XNL chairman and CEO claims global senior corporate executive experience with at least 2 companies that have never heard of him

One of it's 2 plants has been idle over a year and has no water or sewer facilities operating

They have no scientists on staff, spend little on R&D , and have suspicious ties with questionable companies closely alligned with officers of XNL. Sounds strangely familiar.

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

[IIC]

Sharesleuth's report on XNL, a brief synopsis.

Xethanol XNL :AMEX claims to have the ability to produce large quantities of ethanol from wood chips , corn stalks , and paper sludge. Production has been almost non-existant so far. All inquiries are met with an "that's confidential information" answer.

8 of XNL largest shareholders were former stockbrokers disciplined by the SEC and Natl. Ass. of Securities Dealers amongst others

XNL chairman and CEO claims global senior corporate executive experience with at least 2 companies that have never heard of him

One of it's 2 plants has been idle over a year and has no water or sewer facilities operating

They have no scientists on staff, spend little on R&D , and have suspicious ties with questionable companies closely alligned with officers of XNL. Sounds strangely familiar.

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

And Mark Cuban is short on the dang thing

[billyjoe]

And Mark Cuban is short on the dang thing

And it's all legal. Cuban's a sharp guy whether or not he's likeable.

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

[billyjoe]

Cramer 8/8/06

Time to dump the old .coms and move on to the future. Get rid of EBAY , AMZN , TWX. Replace with NILE , VCLK , IACI. NILE sells jewelry, especially engagement and wedding rings on line. They have O inventory, have bought back 8% of outstanding shares and sales are up 14.9%. VCLK has bought back 6.9% shares.

IACI has spun off a bad travel subsidiary. They also promoted Barry Diller to a position where he can't hurt the company with bad public relations. Their ask.com is doing well as is ticketmaster and match.com. They also own Home Shopping Network and have a large real estate business. They trade at 22X earnings. Cramer considers IACI king of the internet.

LIKES: NILE VCLK NWS IACI ZMH BUD

HATES: EBAY AMZN TWX FCEL

----------billyjoe

[billyjoe]

Stocklemon update on FHAL

As of 8/9/06 FHAL has changed symbol to CSHD

There is still no evidence of the mysterious Venezuelan bond that has been converted to 500 mil. in the bank for CSHD.

Latest trade price is 1.13

Research into subsidiary companies touted by CEO Rufus Harris :

Tserof Holdings-- no information can be found
CVSU Coffee Shops---no information can be found
Equine Solutions--exists for CEO Harris' hobby of buying/ selling horses
Stargate Productions Inc.----no information can be found
Live Mortgage Free-----no information can be found
Lottery Fever.com---no information can be found
Infinity One Inc.---nothing
Amruss Group LLC.--nothing
Loan Shopper.com---disconnected phone

----------billyjoe

[billyjoe]

Cramer 8-10-06

Threat of terrorism is already built into market. PG and JNJ may profit if no containers of liquids are allowed on planes. Buy defensive stocks not defense stocks. No need for panic.

Casino stocks can make you money but stay away from Vegas. Go for those with ties to Southeast Asia especially Macau. Tables in Macau take in 7X those of Vegas. The best is LVS which will be opening first casino in Singapore. MGM and HET are also good but not as aggressive as LVS. WYNN has new casino in Macau and planning large expansion.

LIKES: ABB PG JNJ MGM LVS HET WYNN DVN QCOM Q WPP GHP JCP CSCO VLO

HATEs: BYD IBM JDSU WITS ZUMZ STZ HAWK PETM JNPR

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

[IIC]

XNL's response to Cuban:

http://biz.yahoo.com/bw/060810/20060810005648.html?.v=1

[billyjoe]

Doug,
That's a much better comeback than the typical outraged and disgusted, threatening to sue responses we're used to. Maybe these guys are legit. The questionable alliances of the companies' officers set off a red flag for me.

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

[billyjoe]

Cramer 8/11/06

Top retail stocks. These are the best of breed. Buy into weakness on pullbacks. These are stocks with proven consistency. Remember , never hold more than 20% of your portfolio in retail.

1.) BBY--unchallenged dominance in sales of wide screen tv. 840 stores in U.S. and China , geek squad , major ipod seller
2.) LOW--1170 stores in 48 states still have room to grow, greatest hardware store in the world
3.) COST--473 warehouses worldwide
4.) MW--803 retail stores very creative and innovative
5.) FD--Macy , May, Bloomingdales, Lord & Taylor 850 stores
6.) SHLD--3900 stores 3rd largest retailer
7.) JCP-- 1019 stores in 48 states great management and consistency
8.) CWTR--momentum play regional about to go national, 175 stores 22 outlets
9.) SBUX--7880 coffee shops, expanding to China , hope to have 20% of their business coming from China in 2 years
10.) CBH--350 branches only bank comparing same store sales

---------billyjoe