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The 5 Dumbest Things on Wall Street This Week: May 31


Come on 5 Dumbest fans. Let's join together and Make Summer Dumber!

We hope you all enjoyed your long Memorial Day weekends, both giving thanks to our brave fallen soldiers, as well as firing up the grill to celebrate the start of Summer 2013. We know you needed the break to recharge your respective batteries. We certainly did. This year's massive bull-run has really wiped us out.

That's no joke. It's not easy unearthing corporate stupidity when nearly every stock from New York to Tokyo is hitting a new high. Wall Street bears are not the only ones frantically searching for ideas, we are too.

Seriously! We're not kidding when we say, 'Summer's here and the Dumbest ain't easy!'

That's why we're kicking off the season with our Make Summer Dumber Quiz, recapping the stupidity of Spring 2013. Hopefully this will raise the level of foolishness out there and get the mojo of America's most moronic CEOs working again.

Enter by midnight Tuesday, June 4, by emailing your answers here with the words "Contest Entry" in the subject line. Answering correctly could win you a gift package full of autographed Jim Cramer goodies. We'll post the answers in our column next Friday, June 7, along with the name of the winner. If there is more than one correct entry, we'll have a drawing.

Good luck!

1. Repros Therapeutics (RPRX) CEO Joe Podolski told analysts in late March that his company's experimental testosterone treatment helped gay Cubans have so much sex that it caused their sperm counts to drop precipitously low. What is the name of the Repros drug?

A. Stiffenal

B. Androxal

C. Bonerixis

D. Havana Party Pills

2. Michael Dell is trying to take his company private with Silver Lake Management in a $24.4 billion deal, or $13.65 a share. What did the Dell (DELL) CEO tell his employees in an April 1st memo when the stock was trading above his offer price at $14.30 a share?

A. "It's my company and I can buy if I want to. Buy if I want to. You would buy too if it happened to you."

B. "You'll be swell! You'll be great! Gonna have the whole PC world on the plate! Starting here, starting now. Everything's coming up roses."

C. "Carl Icahn's in the dell. Carl Icahn's in the dell. Hi-ho, the derry-o. Dell has gone to hell."

D. "I am more energized for the future of Dell than ever. Together, we have built an amazing company and our best days are still ahead."

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