Cramer's 'Mad Money Lightning Round': Highflying Continental

To see the full "Mad Money" Recap, please click here.

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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" Tuesday evening:

XM Satellite Radio(XMSR Quote): "I think the quarter's gonna be bad. ... I have been begging these two (XM and Sirius Satellite Radio(SIRI Quote)) to combine. ... DiveDiveDive. Run deep, but not silently."

Radvision(RVSN Quote): "I like it. I think they're gonna have a good quarter ... more like Lockheed Martin(LMT Quote) than Northrop Grumman(NOC Quote)."

"Apple(AAPL Quote) is headed to par [$100 a share in Wall Street gibberish]. ... I think Dow(DOW Quote) is not gonna have that great a quarter," Cramer explained when a caller swapped the two stocks. ... "Wait for the quarter and then sell the Dow. If Apple comes down, that would be a gift."

Warner Chilcott(WCRX Quote): "Not as bad as Von-ahj(VG Quote), but still bad. ... I invite the management to come on this show [to explain its decision to waive an exclusivity agreement for its oral contraceptive Ovcon 35]. ... Until they come on, I cannot recommend that stock." That waiver allowed Barr Laboratories(BRL Quote) to market a generic version of Ovcon.

Arena Pharmaceuticals(ARNA Quote): "Going higher when they report. ... They have an anti-obesity drug ... and a drug for diabetes."

Continental Airlines(CAL Quote): "We recommended this stock at 27. ... Here it is at 36. ... great quarter ... the best-managed airline in America."

Todco(THE Quote): "I think you gotta stick with a major here, my friend, [which Todco is not]."

1-800-Flowers.com(FLWS Quote): "I think [at] 5 bucks, [it's a] pretty decent spec."

Southwestern Energy(SWN Quote): "Used to be my favorite nat gas play ... too expensive. ... I was too negative on it. ... Ring the register."

DivX(DIVX Quote): "How could you not take a quarter [of the position] off that right now right here?"

Ensco International(ESV Quote): "I think you oughta ring the register. ... I think this group [oil equipment and services] is gonna enjoy a three-, four-day rally and then it's back to purgatory."

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

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