Jim Cramer's Stop Trading! Stock Picks and Comments, March 12

Recap of Jim Cramer’s comments on Stop Trading! Monday March 12. Click on a stock ticker for more analysis:

Morgans Hotel (MHGC): Cramer praised CIBC analyst David Katz for sticking to his guns when he put a buy rating on MHGC at 16. Since then, it has risen to 19, and Katz is optimistic that it will go higher.

Melco (MPEL) and Las Vegas Sands (LVS): Although he profited well year over year from LVS in Macau and made "100% for our viewers" with the stock, Cramer regrets having recommended MPEL, which sneaked in a press release late on Friday about its huge overruns, news that did not make the American media; "I don't like that kind of late Friday, only Australian-paper pickup." Concerning subprime lenders, he commented they haven't "been as big a loss to the economy as March Madness."

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Comments

[brecon65:]

I have 2,000 shares of Little Squaw Gold (LITS). I got it at around 20 cents a share and would like to know if I should hold it or sell? The same question on 200 shares of Covad Communications (DVW)

Tony De Bellis
Centrevill, VA

2007 Mar 13 12:51 PM

[Patti Taggart:]

DOES ANYMORE HAVE A COMMENT ON MIKE VOLPI (EX-CISCO CAT) WHAT AND WHERE WILL HE GO NEXT. ?????


THANKS

2007 Mar 13 02:58 PM