Cramer/Dicker: Bottom Fishing a Dangerous Game in the Oil Patch

Dan Dicker, energy contributor at TheStreet.com, talks with Jim Cramer about the smaller cap exploration and production oil companies and whether there is opportunity to trade them at current low prices. Several of the very small caps have staged one day rallies on Tuesday, causing many to think that perhaps a bottom is being found. Dicker believes that it is not a good time to try and pick a trading bottom for most of these very distressed oil companies, and particularly dangerous to trade the even less liquid junk bonds of these companies. With oil continuing to fall and with untenable financial positions based on low oil prices, these companies will be lucky to merely survive 2015, and don't represent a safe opportunity.