Cramer's Lightning Round - I Lost My Mettle With Questcor (8/28/13)

by: Miriam Metzinger

Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Wednesday August 28.

Bullish Calls:

GM (NYSE:GM): "GM is inexpensive. I believe there is a turn in China and a turn in Europe, and if you think there is a turn, you should be buying GM (there was speculation that Warren Buffett may be planning to buy shares of GM)."

Take Two Interactive (NASDAQ:TTWO): "It's finally got it right. It's got the gaming cycle. It's got momentum. I'm going to say it's a momentum stock, and that's all I'll say (and can be bought by those who are willing to take the chance on momentum stocks)."

First Solar (NASDAQ:FSLR): "If I want to buy Solar, I'd buy FSLR. I'm surprised it was down so much."

Neutral Call:

Questcor (QCOR): "This got slammed by the shorts. They drove it all the way to the $20s. It tested my patience, and it tested my mettle. My mettle failed. It came all the way back up. I can't call this one anymore. I called this one wrong. I wavered when I should have been telling you to buy."

Bearish Calls:

Southern Copper (NYSE:SCCO): "I don't think copper is good. I don't want to own that stock."

SunPower (NASDAQ:SPWR): "That has been horrendous."

PBF (NYSE:PBF): "It has been a dog, and I don't like that group."


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