Cramer's Mailbag: Apple's Fall Is Misleading

Stock quotes in this article: AAPL , NTO , FCX , PD , AUY , WLT , MWA , AMD , INTC  

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Jimmy, please take a moment to review the insider purchasing taking place at Advanced Mirco Devices (AMD Quote), and please let me know what you think.

-- Anthony

Jim Cramer: Despite the price spike the day of ADM's recent analyst meeting, I wouldn't buy this stock at current levels. The company remains involved in a price war with Intel (INTC Quote), and no one wins in that situation.

At the time of publication, Cramer had no positions in stocks mentioned.

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Jim Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for Action Alerts PLUS. Listen to Cramer's RealMoney Radio show on your computer; just click here. Watch Cramer on "Mad Money" at 6 p.m. ET weeknights on CNBC. Click here to order Cramer's latest book, "Real Money: Sane Investing in an Insane World," click here to get his second book, "You Got Screwed!" and click here to order Cramer's autobiography, "Confessions of a Street Addict." While he cannot provide personalized investment advice or recommendations, he invites you to send comments on his column by clicking here.

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