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Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Wednesday evening:
: "There is a major margin call going on every single day on gold." Cramer said
is the only gold stock he's recommending now.
: "I say wait four more days and then pull the trigger at this eight-times earnings stock."
: "We recommended it at 14. It then advanced all the way to 24. Now it's pulling back. ... It does yield 5%. ... I don't want to pull the trigger
buy, but I certainly don't want to sell."
: "I say two thumbs up Chesapeake. Make mine Milagro." Cramer likes the company for its natural gas purchases.
: "I think it's a cheap stock. ... I'm not giving up. I don't want you to give up. I hear the quarter's great," said Cramer, who owns the stock for his
Action Alerts PLUS charitable trust.
: "When you look at that stock. ... telephone-equipment stocks have become complete
the Dog-like entities. ... Stay away!"
: "When I look at electronic commerce and I realize how speculative that market is, and how dangerous, I say ixnay on the GSI."
: "You are embracing speculation at a time when the market is defensive. ... The market no longer likes the speculative stocks."
: "They reported a jim-dandy quarter, but no one cared."
: "Done going down. Here's a company growing at 22% that sells at 20 times earnings. ... I am saying right here right now, BuyBuyBuy!"
: "I've been surprised that it holds up that well. ... It is a bit of a defensive stock. ... I would ring the register."
Cramer was bullish on
Cramer was bearish on
Harmony Gold Mining
Energy Conversion Devices
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At the time of publication, Cramer was long Yahoo!.
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