Jim Cramer's Lightning Round, 3/27/08: A Bunch of Crocs

Stocks discussed in the lightning round session of Jim Cramer’s Mad Money TV program, Thursday March 27. Click on a stock ticker for more analysis:

Bullish calls:

Exelon (EXC): “I like the energy complex, but I like conservative energy stocks with good dividends. I'd rather see you in Exelon.”
Duke Energy (DUK)
ConAgra Foods (CAG)

Bearish calls:

Crocs (CROX): “Every time I want to say it's cheap, it gets even cheaper… I don't want to own that stock."
Countrywide Financial (CFC): “I think the buyout will close, I think they're fine, but I don't want to own the stock."
Acadia Pharmaceuticals (ACAD): “There's nothing proprietary there. I've been cutting back on that group."
Zoltek (ZOLT): “ …it's all played out. I think it's just going to rest here. I want to see at least one good quarter from them."
IAC/InterActiveCorp (IACI): “There's nothing special here, I need you to sell this one."
Aircastle (AYR): "I blew this one. They're right in the cross-hairs of the credit crunch. We got this story wrong. "
PNM Resources (PNM): "I don't think there's a lot of upside. I think this one's in the penalty box for at least a year."

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Comments

[PabloH:]

Excellent site, really informed

2008 Mar 28 07:52 AM

[H2O:]

Saw a New Bumber sticker


Iraq Insurgents

Clinton's

They just don't seem to go away

2008 Mar 30 08:50 PM

[H2O:]

Lose with the truth - This woman is flat out a delusional LIAR - The vote for Iraq - WMDS - all over the place - no wonder the vote - she can be easily manipulated - just start with some-one is coming to get you - Snipers all around ----

Hillary's classified briefing - not reading the intel reports - started with - Saddam has snipers after you - vote - vote -vote for a war of lies...........

Now with Hillary only listening to the rich-greedy - and the insiders - She will never see what she did was wrong - They'll just play on her - the boggie man snipers is there - look the BOOGIE MAN - snipers all around - want to stop - drug company profits - mortgage cheaters - are being sniped at - help save them .............

Look snipers are - over there - Free-traders all the way ..........

Delusional - Ole HIllary - will do what ever the want .........

.........................

2008 Mar 30 09:45 PM

[H2O:]

The following is how mortgage fraud worked - driving up housing prices - through FRAUD.

I have one of these - For-sale by owner house's - But I fixed it up -
and now Countrywide - has given a fake-fraudulant apprasial - and adding
over 900 a month in illegal fees to the buy out.

So now everyone is stuck with - these ready to be torn down house's - building and all.

Maybe all these Mortgage place's and the ceo's and eveyone working - for these place
and did the high cost - fraud - need corporate liens filed against them !!!!

Works for me - Corporate lien against - Country - and one aginst the CEO - Till
they work out a fair deal.

Shut them all down ...........



Connie Wilson, executive vice president of mortgage fraud detection software company AppIntell,
said the neighborhood domino effect from property flipping begins with the faulty appraisal. One property flip might pass by unnoticed, said Wilson, but 20 flips in one area, each carrying an
appraisal for three times the home's worth, might prompt the property tax assessor's office to
raise property taxes because the value of the neighborhood has artificially increased. When
homeowners insurance companies notice the dollar value of the neighborhood increasing, they
too will raise premiums to residents. "This goes on for a few years, then the 20 homes go into foreclosure. So now the (homeowners)
pay triple the assessed value of their homes in taxes, the homeowners insurance costs went up
and now the value of the property goes down because (there are) all these foreclosed homes in
the neighborhood," Wilson said. Many of the end buyers in flipping schemes are innocent people that were tricked into buying
multiple properties, according to Wilson. "Now these people own these properties that are condemned and going into foreclosure and their
credit is being destroyed," she said.

tiny.cc/fraudmortgage

2008 Mar 30 11:24 PM