RealMoney Radio Recap: Inquiring Minds

This is a summary of a show that originally aired on Aug. 11.

In a special "RealMoney" radio show dedicated to answering his listeners' questions, Jim Cramer said by first looking at the question-and-answer section in the transcript he can tell the difference between a genuine conference call and one in which management is snowing him.

Taking the Sprint Nextel (S Quote) quarterly conference call as an example, Cramer said that if people read the body of the call's transcript, they would believe the company is doing great. But then the Q&A started, and it was a nightmare, he said.

The second thing he looks for is the guidance, he said. Little to no guidance makes him skeptical, while a lot of guidance is a good thing and provides visibility, he said. ...