Cramer's 'Mad Money' Recap: Fight the Panic

Cramer called on CEO Dr. Steven Quay to make sense of this.

Quay said he received a notice of the termination. It was a timing issue, he said, and had to do with Nastech being unable to produce the amount of dosage Procter asked for.

When Cramer asked why anyone should be interested in the stock now, Quay said he believes Nastech has a lot of things going for it. The company, he said, is going to continue to do trials at higher doses. Also, Nastech expects to be in Phase II trials of its obesity and diabetes drugs by next year.

Although the stock was down $5 today, Cramer said panicking never made anyone a dime. "We have to wait and see."

Lightning Round

Cramer was bullish on Boston Beer (SAM Quote), Research In Motion (RIMM Quote), Monsanto (MON Quote), Deere (DE Quote), Potash (POT Quote) Bunge (BG Quote), Syngenta (SYT Quote), Mosaic (MOS Quote), Agrium (AGU Quote), XTO Energy (XTO Quote), Devon Energy (DVN Quote), Apache (APA Quote), Prudential (PRU Quote), Intel (INTC Quote), athenahealth (ATHN Quote) and UnitedHealth (UNH Quote).

Cramer was bearish on Delta Petroleum (DPTR Quote), Excel Maritime Carriers (EXM Quote), MetLife (MET Quote) and SanDisk (SNDK Quote).

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