Citi's Limits - Cramer's Stop Trading! (5/9/08)

Includes: AIG, BBI, C, CCTYQ, GS, JPM
by: Miriam Metzinger

Recap of Jim Cramer’s comments on Stop Trading! Friday May 9. Click on a stock ticker for more analysis.

Circuit City (NYSE:CC), Blockbuster (BBI):

Cramer says CC is on life support and he doesn't know why BBI is thinking of taking it over. There is “no there, there,” he commented, adding investors are lucky to get rid of it at $5.
Citigroup (NYSE:C), AIG (NYSE:AIG), J.P. Morgan (NYSE:JPM), Goldman Sachs (NYSE:GS): Cramer says he doesn't care how many people Citi fires, the stock is a loser, and is not performing. He added AIG is a disaster but JPM is doing well although it has done relatively little. GS is buying back stocks at a time other financials are desperately issuing more shares, and Cramer says this proves GS and JPM are better at what they do.

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