For B2B Advice, Cramer Hits the Boards

The Trader has a positive message-board experience in Ariba.
Publish date:

Sometimes you just need someone to hold your hand. Earlier this morning, I thought I had hit the ball in the monuments in dead center field. 440 feet. Sultan of Swat. All because



had signed a deal with

American Management Systems


. We owned some Ariba, and of course, it is on my

rotisserie league team. American Management is a well-known government contractor that handles procurement. Ariba is a business-to-business company that is trying to rationalize the world of procurement.

Join the discussion on

Cramer's Latest

B2B Forum


With the two getting together, I figured, hey, if people think the market for

General Motors

(GM) - Get Report



(F) - Get Report

car parts is big -- they are huge B2B targets -- this one is the Kahuna, the government market. What could be better to be B2B'd than the government, which spends a fortune, much of it profligately and without using its leverage?

So what happens?

The stock gets crushed from the get-go. Just crushed. I go to the boards and ask if anybody knows anything. Turns out there is a block for sale. Turns out others think it will be a big deal, too.

It kept us in the stock. Now we are doing great. And we are feeling emboldened.

Could we have done this alone? Sure. Did it feel better to commiserate with others? Definitely. Did it make us buy rather than sell when the stock started rallying back? Absolutely.

This is the beauty and the purpose of chat -- to help each other. I know that it would be difficult to maintain decorum if we were anonymous on our boards, but we have to be open-minded because we need as many minds as possible to beat this game.

As many good minds as possible. And no vituperation, cheering or booing.

That's why I keep going back to the discussion of what would be the right thing to do, anonymous or not. Even internally we aren't sure.

Jeff Berkowitz

thinks anon just makes us as bad as everyone else.

Matt Jacobs

thinks we are losing some great input because of the rules we have set up. Ideally, people know who is hosing them and who isn't. I don't know what the answer is.

I do know that our boards continue to help us make money by giving us confidence and insight.

Random musings:

Don't forget my

AOL chat tonight at 5 p.m. ... Nice call by Henry Blodget to buy



on our

TV show this weekend. I wish they were all that great!

Be sure to check out the latest standings in Cramer's business-to-business rotisserie contest against his colleague Matt Jacobs.

James J. Cramer is manager of a hedge fund and co-founder of At time of publication, his fund was long Ariba, BEA Systems, Oracle, Siebel, VerticalNet and Yahoo!. His fund often buys and sells securities that are the subject of his columns, both before and after the columns are published, and the positions that his fund takes may change at any time. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Cramer's writings provide insights into the dynamics of money management and are not a solicitation for transactions. While he cannot provide investment advice or recommendations, he invites you to comment on his column at