Recap of Jim Cramer’s comments on Stop Trading! Thursday January 17. Click on a stock ticker for more analysis:
WCI (WCI): While Cramer would trust Icahn about WCI, he urged viewers to use caution, because the company is a small cap with a less than ideal balance sheet. However, he added Icahn has been right more often than he's been wrong.
Merrill-Lynch (MER), Citigroup (NYSE:C): Concerning MER, Cramer said, "Merrill's disclosure was – ambiguous…I'm being, really, an ambassador." He added C is not receiving the help it needs and the short squeezes are giving up; "These have been shorted and shorted and shorted, but the holders have held on. They're not holding on anymore. ... There's panic."
Comcast (NASDAQ:CMCSA): Cramer thinks calls to dismiss Comcast's CEO Brian Roberts are unfair since every cable company is hurting, and Roberts has been working seven days a week and is "doing a great job."
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