Jim Cramer's Lightning Round

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Cramer's 'Mad Money Lightning Round': BioMarin on Move

TheStreet.com Staff

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:

Bank of America(BAC): "Trying to figure out why that CFO left. You know that never's a good thing. ... We are now down from two thumbs up to neutral."

Apollo Investment(AINV): "I tend not to like closed-end investment funds very much." But "this one yields 8% ... in this environment, I think you buy some."

Regal Entertainment(RGC): "I cannot believe how great this company has become ... 12% grower, 25 multiple ... that's too expensive. ... I am going to ask you to ring the register."

Apollo Group(APOL): "Accounting irregularities equal sell. ... Need I finish the equation?"

Exxon Mobil(XOM): "You gotta wait 3 points before you can buy it ... 75 next, and then pull the trigger."

Research In Motion(RIMM): "The guys who are trying to bet against the company are going to have a rude-awakening situation. ... I think the put guys [those with put options betting the stock will fall], they'll never know what hit them."

PepsiCo(PEP): "I do believe that Pepsi is going to tread water here. ... one of the most well-managed companies in the country. Holding pattern. When the economy slows, it's going to be rolling again." But Cramer said the economy's "not gonna be slow enough to leave the cyclicals you have been buying and head into Pepsi."

American Oriental Bioengineering(AOB): "I think you should sell that stock nine ways to Sunday."

eBay(EBAY): "You know after all this run from 25, the stock is still down 25% ... How smart was I when I didn't like it at 50?"

S1(SONE): "I don't know, Internet-based financial services. ... I'm not going back to the well. Don'tBuyDon'tBuy."

"BioMarin(BMRN) is without a doubt the most exciting speculative name in biotech today. Pull the trigger. I think there's good news coming. Diagnostic products, therapeutic enzymes."

*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.

Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.