Cramer's 'Mad Money' Recap: Cheniere's Dear Friend

After-Bell Reverberations

Commenting on news after the close, Cramer said that even though Texas Instruments' (TXN) earnings were better than expected, the guidance was not what he was looking for. "Stay tuned." It's a work in progress, he said, but "under $29, you gotta buy that thing. That's ridiculous."

And Nabors Industries' (NBR) earnings "looked terrific. Refco (RFXCQ) finished selling last week. So, all the oils are now going to work, and we've got some great quarters coming."

PortalPlayer (PLAY) reported a "great quarter," but "really hurt investors" by filing to do a secondary offering. "I don't respect that at all," said Cramer. Cramer said he understands the selling in the stock, and although he is upset with management, he wouldn't want to sell because the shares are too low.

Lightning Round

Bullish

Cramer was bullish on International Business Machines (IBM), St. Joe (JOE), Nabors Industries (NBR), Headwaters (HW), Georgia Gulf (GGC), Micron Technology (MU), PetSmart (PETM), GameStop (GME), ValueClick (VCLK), Harley-Davidson (HDI), Prudential Financial (PRU), MetLife (MET), Cerner (CERN), Bank of America (BAC), IntraLase (ILSE), Chicago Mercantile Exchange (CME), CBOT Holdings (BOT), Sonic (SONC) and Google (GOOG).

Bearish

Cramer was bearish on Corning (GLW), Premium Standard Farms (PORK), Cisco (CSCO), Alpharma (ALO), ATI Technologies (ATYT), Electronic Arts (ERTS), Zenith National Insurance (ZNT), LCA-Vision (LCAV) and Biovail (BVF).

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Interested in more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here. It's a series of articles from Cramer on how to become a better investor. The following table lists some of the rules that Cramer dissects.

	1.	Pigs Get Slaughtered		2.	It's OK to Pay the Taxes
	3.	Don't Buy All at Once		4.	Buy Damaged Stocks
	5.	Diversify to Control Risk		6.	Do Your Homework
	7.	Don't Panic		8.	Buy Best-of-Breed
	9.	Defend Some Stocks		10.	Don't Bet on Bad Stocks
	11.	Own Fewer Names		12.	Cash Is for Winners
	13.	No Regrets		14.	Expect Corrections
	15.	Know Bonds		16.	Don't Subsidize Losers
	17.	No Room for Hope		18.	Be Flexible
	19.	Quit When Execs Do		20.	Patience Is a Virtue
	21.	Be a TV Critic		22.	When to Wait 30 Days
	23.	Beware the Hype		24.	Explain Your Picks
	25.	Find the Bull Market
Check back for more of Cramer's Rules

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