GO
Loading...

Mad Mail

Friday, 24 Aug 2007 | 11:38 AM ET

Dear Jim: I just returned from a safari holiday in southern Africa. No TV, no Internet, no newspaper, no Mad Money. I left a couple of days after the DOW reached 14,000. Luckily, I sold Apple after earnings and bought Omniture. At what price should I look to begin selling OMTR, and is AAPL safe to return to at its current price? I recorded all the episodes of the show that I missed and am currently enjoying a Mad Money Marathon. I should be current by Friday! --Stewart

Mad Mail
Mad Money host Jim Cramer answers your emails.

Cramer says: “Ominutre at $25. It’s up three from where I recommended it. I still think it’s going to get to $30. It’s a key piece of the puzzle for finding out where you ads are on the internet. I like it. Apple, I am back in, and I think it’s going to be terrific. Don’t forget expectations are pretty low there.”

______________

Boo-yah Cramer: Tomorrow is Speculation Friday! What do you think of Countrywide Financial getting a bid from Bank of America? Angelo Mozilo seemed to stutter when Maria Bartiromo asked if he was considering selling the company after Bank of America bought a $2 billon stake in the company. What do you think the chances are? --A.J.

Cramer says: “Countrywide – play is over. Bank of America – play begins. Bank of America, just so you understand, has a call on Countrywide. If Countrywide goes bad, they’ll buy it on the cheap. If Countrywide goes good, they’ll make a lot of money. My play is Bank of America – nice, nice move by Ken Lewis and the Bank of America people.”

Boo-yah Cramer: Just finished reading Mad Money: Watch TV, Get Rich, and learned a bit of information I have never considered before. You say to check the short float percentage of a popular, hyped stock before buying, with anything beyond 10% being a warning. I want to buy Crocs on a dip but the short float is 27%, so my Spidey Senses are tingling. What do you say, professor? --Amy

Cramer says: “I need you to go listen to the Crocs call. You’ll know why I’m excited about it. You’ll know why I think it’s going higher. Most importantly, that is a company that is on a mission. And very few analysts follow it. It’s still early on Crocs. Don’t give up on Crocs.”

Questions for Cramer? madmoney@cnbc.com

Questions, comments, suggestions for the Mad Money website? madcap@cnbc.com

  Price   Change %Change
BAC
---
CROX
---
AAPL
---

Contact Mad Money

  • Showtimes

    Monday - Friday 6p ET
  • Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

Mad Money Features

  • Grab the latest CNBC gear from the NBCUniversal Store!

  • Get a behind-the-scenes look at how Cramer formulates his investment advice. "Inside the Madness" is a column, which features e-mails and more with Cramer and his researcher Nicole Urken.

  • You’ve always wanted to hit the “Hallelujah!” button. Here’s your chance.