Cramer's 'Mad Money' Recap: Brazil's Winning Gol

Sell Block

During his "Sell Block" segment, Cramer told viewers that his first job is to "police the business" and "blow the whistle" when someone plays against the rules.

When Syntax-Brillian's (BRLC Quote) CEO, Vincent Sollitto, recently came on Cramer's show, "he sang a great song" about the momentum of high-end TVs and the high-def boom, and about how his stock was the best way to play it.

What he failed to mention was that he was about to raise $15.5 million in a strategic financing with investors, Cramer said. The fact that Sollitto is doing a side deal with shareholders and offering them stocks at a lower price than what "Mad Money" viewers can get angers Cramer.

Therefore, "no matter how good the story," Cramer said he has to take Syntax-Brillian off the table.

Cramer also advised viewers to take some AT&T (T Quote) off the table and get into Verizon (VZ Quote), which is cheaper and has a higher yield.

Further, he said he would sell BP (BP Quote) and buy Exxon Mobil (XOM Quote) or Transocean (RIG Quote), which he owns for his charitable trust, Action Alerts PLUS, instead.

In addition, Cramer said Movado (MOV Quote) at $28.74 is a good entry point.

Moreover, Cramer said he still likes BigBand Networks' (BBND Quote) story and believes that it's worth getting in it on weakness.