Jim Cramer's Best Blogs

Not all deals are bad. It depends on the price and the ability to integrate. I am not certain about the price of either, although Sierra was at this price not that long ago.

I jus think the critics are wrong, and the market, which liked these two deals, is right. That's often the case, and I will take the market's judgment any day of the week.

Random musings: Footrace for oblivion? And here I'm talking about Accredited Home Lenders (LEND Quote), NovaStar (NFI Quote), Fremont (FMT Quote). Of course. What I find amazing about these companies is that none of its CEOs comes out and says, "Wait a second, our loan process was rigorous and we don't have as many defaults as others." None does it; that's why the pessimism is warranted. ... The banks are in a big rush to get what they can out of every one of these stupid subprime lenders. Some of them probably wouldn't even be in a jam here, but we have to remember that when any bank calls the loan, almost no one has the money to pay. ... If you want to follow my five oil picks from last night's show, Stockpickr makes it easy for you. ... Dick's (DKS Quote) reports one bad quarter in three years, and that's the one before which I highlighted the stock. Still angry about that.