From a yahoo post, + additions from the street:
Cramer told people to dump Pfizer, now up about 15 percent and to buy rheo on the basis of a phase III trial on ocular degeneration. Rheo went from 12 to 3 dollars after the trial failed. Now he dismisses OMN forgetting about his pump last week. He was a great fund manager and has some good ideas, but he exercises too much control over people who have blind faith in his often half-baked interpretations of complex sectors. When he is right like the copper thing, he can be very precient; when he is wrong, he can cause some real damage. "
as in the street of now:
Cramer was bearish on: Avon (AVP:NYSE - commentary - research - Cramer's Take), Isle of Capri Casinos (ISLE:Nasdaq - commentary - research - Cramer's Take) Exelon (EXC:NYSE - commentary - research - Cramer's Take), Omnova Solutions (OMN:NYSE - commentary - research - Cramer's Take),
Week before:
According to the article he read in the magazine, a company called Omnova Solutions (OMN:NYSE - news - research - Cramer's Take) is making a chemical for nonstick coating that has shown itself to be less problematic than PFOA.
The stock leapt last week because it reported a very good quarter, Cramer said, and he thinks the problems with Teflon will create even more upside. |