Cramer's Stop Trading - Dark Days for Coal (11/14/08) 6 comments
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Stocks discussed in Jim Cramer's Stop Trading! program Friday November 14.
Arch (ACI), Peabody (BTU), Exxon (XOM), Marathon (MRO), AT&T (T), Valero (VLO), Kinder Morgan (KMP)
Cramer says dark days are ahead for the coal industry after a “gigantic” EPA victory against coal. He would steer clear of Arch and Peabody. Exxon and oil refiners are a better idea now, particular Marathon, which is splitting itself into a refiner and a regular oil company. He noted Valero has made a big turn and added, “Refiners are breaking out. You want to be part of the action.” Cramer predicted Kinder Morgan will reach its high. In spite of problems with its 3G network and iPhone service, Cramer thinks AT&T is still a buy, because it is profiting from Sprint’s more substantial problems.
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This article has 6 comments:
judge the quality of your advice.
Just a couple of quickies as for instances; BYD @ $65 - His top gaming pick..The egregiously stupid pick; SHLD @ $170, cramer couldn't stop touting this dog stock, FCX @ $80, bought for his tax-dodging "charitable trust", MOT @ $22, he loved this one and MOT's incompetent CEO/Ed Zander ..
We could name hundreds of his losers - He is purely a snake-oil bozo targeted to the college kids and vaccuous know-nothings that just love this zero ..
CNBC should be thrown of the air!The station has the gall to follow up with the loser cramer and bring you the 4 horesemen of septic tanks; the infamous Fast Money slimeballs. Sewer rats who do nothing but tout FCX all the way down $100 to $25..Their hidden agenda stock - Ah yes, their recommended buy on MGM at $16
and the incredibly inane buy of CROX at $10 !!
Lose your own money - Throwing darts will bring a better return than these losers will ...