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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" Thursday evening: Chesapeake Energy: "I would swap out of Chesapeake common and go into Chesapeake preferred. Four percent yield. Better deal." Apple: "There was a bear raid of magnificent proportions today ... and it worked. Buy Apple Computer." LifeCell: "Do a 'mon back* on this regenerative tissue play that I think has a bright future." Palm: "'Mon back right here, right now." Gap: "Looks like it's being hung at the 18 level. Nothing cooking." Citrix: "The stock's at a 52-week high but I think it's going higher." Allied Waste: "Fifty-two week high. The waste management business is coming back." Ameritrade: "Going back to where it pays a $6 dividend. I like Ameritrade, I like Schwab, I like E*Trade." Peabody Energy: "BTU remains my favorite coal stock and I reiterate it right here, right now." Smurfit-Stone: "Two thumbs up."
Lightning RoundCramer was bullish on Chesapeake Energy ( CHK), Apple ( AAPL), LifeCell ( LIFC), Energy Transfer Partners ( ETP), Palm ( PALM), Avista ( AVA), Blackboard ( BBBB), Pain Therapeutics ( PTIE), Kulicke & Soffa Industries ( KLIC), Citrix ( CTXS), Allied Waste Industries ( AW), Ameritrade ( AMTD), Charles Schwab ( SCHW), E*Trade Financial ( ET), Peabody Energy ( BTU), Arena Pharmaceuticals ( ARNA), Smurfit-Stone ( SSCC) and Costco ( COST). Cramer was bearish on BioMarin Pharmaceutical ( BMRN), Gap ( GPS) and True Religion Apparel ( TRLG). *For all you home-gamers, a 'mon-back opportunity means Cramer would back up the figurative truck and load up on a stock. Want more Cramer? Check out Jim's rules and commandments for investing from his latest book by clicking here.