Billy Ford

Chinese Market Annihilated - Cramer's Lightning Round (9/24/08)

Cramer not bullish on NYX? He is just trying to save face after he made everyone so mad saying it was his favorite growth stock last year. Looking at my position in this stock makes me want to puke every day, but I am confident it will return in a big way, and I think you are crazy for not getting in at these levels...Paying a decent dividend of 3% and change, and the growth opportunities from here are great. The business model is still great, the same as it was a year and 2 years ago. The street just hates this stock, probably more than any other stock. They have been beating this thing up coupling it with the financials eventhough, they arent a brokerage. I know the thought process is that the brokerages will be trading less and less, but the volatility has to make up for that. I would have to think that this thing could be back up to $100 in a couple of years, and 130-150% gain isnt bad....