Cramer's 'Mad Money' Recap: Anatomy of a Short Squeeze (Final)
Not Into Social Gaming
In a special interview, Cramer sat down with retired baseball legend Curt Schilling, now the founder and chairman of 38 Studios, a video game development company set to release its first game at midnight with partner Electronic Arts (EA).
Schilling said that 38 Studios has created 400 jobs and is still growing. He said the company has great people who are passionate about what they do and he's never been more excited as he is on the eve of their first game launch. Schilling also said that 38 Studios is not just a place to work, it's a place to belong, and one of his main duties at the company is now to preserve and protect the company culture.
When asked why 38 Studios is not moving into social gaming to compete with companies like Zynga (ZNGA), Schilling said that being successful is knowing what you're good at. At 38 Studios, he said, the company has great talent and the ability to make rich, immersive titles. Choosing to develop a social or mobile game would be a waste of our talents, he noted.
Turning to the company's partnership with Electric Arts, Schilling said it was a natural fit for his company. He said 38 Studios has the opportunities for books, toys, movies and apps all based on the games it's creating and Electronic Arts has the muscle and expertise to help make that happen. Cramer said he was bullish on Electronic Arts as a result of 38 Studios imminent release.Lightning Round
Cramer was bullish on Baidu.com (BIDU), SeaDrill Limited (SDRL), Schlumberger (SLB), Ensco International (ESV), Photronics (PLAB), Broadcom (BRCM), Qualcomm (QCOM), Apple (AAPL), General Mills (GIS) and VIVUS (VVUS). Cramer was bearish on MagnaChip Semiconductor (MX) and Cirrus Logic (CRUS).Closing Comments
In his "No Huddle Offense" segment, Cramer said the best advertisement in last night's Super Bowl wasn't an ad at all. He said it was seeing some of the best athletes in the world all pulling out their Apple iPhones after the game to take pictures and videos of their monumental win. Cramer said that Apple didn't pay a dime for this exposure, yet it was the most honest and riveting endorsement of a product that so many people know and love and trust to capture the important moments in their lives. --Written by Scott Rutt in Washington, D.C. To contact the writer of this article, click here: Scott Rutt. Follow TheStreet on Twitter and become a fan on Facebook. To submit a news tip, send an email to: tips@thestreet.com. To watch replays of Cramer's video segments, visit the Mad Money page on CNBC. Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here. For more of Cramer's insights during the Lightning Round, click here.Select the service that is right for you!
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