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If there’s one thing that can shred profits with little or no hope that they will ever recover, it’s this.
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Tonight, it's all about telco on Mad Money, and Cramer thinks he's found a small wireless provider that might be offering itself up as an acquisition target.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
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Alltel has stepped up efforts to sell itself to carriers such as AT&T, Verizon Communications and Sprint Nextel, said people familiar with the matter, as the Little Rock, Ark.-based wireless company tries to chart a new future, The Wall Street Journal reported.