Mother always said make sure to wash in and around the ears. Maybe this is why. Maybe she knew that executives who listen to Jim Cramer tend to unlock value and send shares of their company higher; sometimes much higher.
Case in point; Angie's List (ANGI).
A couple of weeks ago Cramer said it could be incredibly valuable to an acquirer, and the right buyer could turn Angie's list into a contender. This week, reports suggest the company hired investment bankers to explore strategic options. In turn shares jumped almost 20 percent in a single day. What now?
Turning attention to the broad market, nobody likes losing money, and on Wednesday, a lot of people lost money in stocks. Both the Dow Jones industrial average (.DJIA) and the S&P 500 (.SPX) dropped by more than 1 percent, with the Russell 2000 (.RUT) now 10 percent below its March high, putting the small cap index in correction territory.
Meanwhile, pros appear to be looking for more violent swings in the market; the CBOE Volatility index (VIX), Wall Street's fear gauge, ended up 2.5 percent.
Although Cramer realizes that the preceding metrics are worrisome, he doesn't want investors to panic. He's been through many difficult periods before, and he's developed a plan.
Read MoreCramer: How to survive the selloff