Cramer said that he expects Blockbuster to go much higher and said it is not speculative any more.
Sell Block
In his "Sell Block" segment, Cramer told people it's time to take some profit in IntercontinentalExchange (ICE Quote). He said he prefers the NYSE Group (NYX Quote) to Intercontinental, even without Intercontinental's current "supply pressure" problem. Cramer also advised market players to sell InnerWorkings (INWK Quote). Although there is "massive insider selling" going on with this stock, Cramer said that if he owned it he would take a loss and sell it now. "This is a situation where we'd rather cut and run," he said. Further, Cramer suggested viewers sell Atherogenics (AGIX Quote) but buy more of J. Crew (JCG Quote).Hoist the Flag
Mark Shapiro, the CEO of Six Flags, (SIX Quote) joined Cramer on the show, and Cramer congratulated him for selling seven of his company's theme parks in a $312 million deal. Now, with gas down "gigantically," Cramer asked Shapiro what this might do for Six Flags. It is going to be "fantastic" for business, Shapiro responded. He said that Six Flags is going to have a "solid" year and that the early season indicators have been very "strong." Shapiro said he understands that his company has a lot to prove, but he is confident that Six Flags "is going to earn itself a new reputation."- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,285.97 | 1,091.93 | 2,172.99 | 33.92 |
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