Booyah Breakdown: Mad Mysteries

I have two Cramer colloquialisms that have been puzzling me for months. What does "cuervo" signify? Particularly when used as a verb. It just makes no sense! Also, what does "schnitzel" mean, again, especially as used as a verb? -- D. O.

Oftentimes when Cramer says "Cuervo," he'll say "Make mine Cuervo," referring to the tequila, or some variation of that when approving of a stock. And yes, I've heard him use it as a verb, and while not sure, can only assume it has a similar meaning. "En fuego" is another Spanish Cramerism that comes up. When Cramer says something is "en fuego," he thinks it's on fire.

Now on the German front, Cramer will use "schnitzel" when he's referring to making a small buy or sell. So if he's buying a "schnitzel," he's doesn't want to buy too much. He'd rather wait until the stock price pulls back, a.k.a. falls, more.

If he's selling a "schnitzel," he's selling a little bit. For instance, during a lightning round a few months ago in reference to Hansen Natural (HANS Quote), he said, "there's gonna be too much profit-taking. I don't trust it here ... I want you to schnitzel out of it." So he wanted the caller to start selling small pieces of his holding.

Another time, a caller asked about Oneok (OKE Quote), and Cramer responded "there is no room in my portfolio for Oneok ... I think you just schnitzel your way out of it a share at a time." Again, he's saying to sell it a little at a time.

What is "long" and "short?" And when he says take money off the table, are you selling half or what you earned and leaving the initial investment. Do you sell the initial investment first? -- K. L.

Let's tackle the last part of your question first.

When Cramer, or I, or anyone else, says to "take money off the table," it simply means to sell some or all of your position. Cramer never wants you to be greedy, since "pigs get slaughtered."