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Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Wednesday evening:
Foster Wheeler(FWLT Quote): "Because I like to play with the house's money, I've done a little schnitzel [sale] now and then, but I'm not selling the rest." Cramer owns it for his
Action Alerts PLUS charitable trust. Cramer said FWLT and
KBR(KBR Quote) "both have the single-best pin action [on] all the new oil that's been found."
O2 Micro International(OIIM Quote): We're trying to stay away from mixed signals [circuits]." Cramer told the caller he wanted him to sell the stock.
Conceptus(CPTS Quote): "An alternative to a way that you currently get vasectomies." Cramer said he liked it but he can't rave about it.
SanDisk(SNDK Quote): "For a trade it can go to 47, but this stock has got tremendous tax-loss selling. ... Wait till January if you have to own SanDisk."
Dollar General(DG Quote): "I see a trade 14, 17, 14, 17. I can't get wild about that." Cramer also was sour on
Family Dollar(FDO Quote) and
Wal-Mart(WMT Quote). Cramer offered
Sears(SHLD Quote), which he owns for his Action Alerts PLUS, and
J.C. Penney(JCP Quote) instead.
UAL(UAUA Quote): "You are now courting the bear. ... I want you to ring the register. ... You must take that money off the table. I cannot have you turn that money into a loss."