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Here's what Jim Cramer had to say about some of the stocks that callers offered up on the "Mad Money Lightning Round" Wednesday evening:
( RIMM): "Of the major oils that will turn fast, Conoco will turn first. ... So you hold on."
( KSE): "I would be doing a little register-ringing."
( MOT): "That is the secular loser. ...
( MOT) ... is the only cell-phone company I am willing to buy right now."
Research In Motion
( RHAT): This tech tape (market), while OK, is too hard for Research In Motion, which did not report a good quarter."
( RHAT): "This fits exactly my thesis of what I say you can tough it out with."
( LEXR): "Ring the register. Don't give that gain back. That's a precious gain."
( LEXR): "I really want to back up the truck if that one comes down."
: "I think this stock acts remarkably well. I am still using a $350 price target by year-end."
: "I think this market's too tough to own the Crees."
: "I say ixnay on the Newmontay but yes on GG (
( XTO): "If you're a long-termer, then you don't need to ring the register. ... XTO could be off three smackers in a heartbeat in this tape. But if this stock breaks 40, I wanna buy it."
( ERTS): "Get close, my contacts indicate to me that Electronic Arts is not having a good quarter. ... I think the next 3 points are down. ... Buy it back after it has that selloff."
: "I predict that you could come back two months from now and that stock will be exactly where it is. ... It's like watching paint dry."
: "Some clown analyst is gonna say ring the register. ... You wait to 55 and then you do a 'mon back.*"
*For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock.
Cramer was bullish on
Cramer was bearish on
Research In Motion
Knight Capital Group
New York Community Bancorp
Interested in more Cramer? Check out Jim's rules and commandments for investing from his latest book by
. It's a series of articles from Cramer on how to become a better investor. The following table lists some of the rules that Cramer dissects.
At the time of publication, Cramer was long Motorola.
James J. Cramer is a director and co-founder of TheStreet.com. He contributes daily market commentary for TheStreet.com's sites and serves as an adviser to the company's CEO. Outside contributing columnists for TheStreet.com and RealMoney.com, including Cramer, may, from time to time, write about stocks in which they have a position. In such cases, appropriate disclosure is made. To see his personal portfolio and find out what trades Cramer will make before he makes them, sign up for
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