MAD MONEY FEATURES
PODCASTSWatch the Lightning Round whenever and wherever you want.
OFFICIAL MAD MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
CRAMERS SOUNDBOARDAdmit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.
CHECK OUT OUR PHOTOSCheck out Cramer on set, back to school, behind the scenes and more.
SHOP FOR MAD MERCHANDISEBuy Cramer books, bobbleheads and other Mad Money merchandise.
RING TONESPick up the phone! It's Cramer! New Mad Money sounds for your cell phone.
TEXT MESSAGE ALERTMad Money's mobile. Get show highlights sent to your phone.
Text Size 
 |
Washington Mutual, down 8% so far Friday, is the “raid du jour” stock, Cramer said during Stop Trading!.
Now that there’s no more “uptick” rule, much to the chagrin of the Mad Money host, short sellers are free to hammer down a stock for profit. That’s what’s happening to WaMu [WM
Loading...
()
], Cramer said, calling it “a classic raid.”
“It’s how the shorts operate,” he said.
But what does Cramer think of WaMu itself? “I really dislike that stock – intensely,” he said. “But it has a great deposit base, and maybe it gets an $8 bid one day.”
The commodities market might not have reached bubble status just yet, but the speculation there is enough for Cramer to recommend the Chicago Mercantile Exchange [CME
Loading...
()
], though not until the merger with the NYMEX [NMX
Loading...
()
]is complete. Once that’s done, “I think [CME] is going to be really powerful,” Cramer said.
Lastly, Cramer recommended Foster Wheeler [FWLT
Loading...
()
] for anyone interested in a power-company play. As much as he likes ABB [ABB
Loading...
()
], the company has “too much nuclear” in a country where Americans are averse to building new plants. Foster Wheeler’s coal business, though, is “hot as a pistol.”
“I really like it here,” Cramer said.
Jim's charitable trust owns Foster Wheeler.
Questions for Cramer?
Questions, comments, suggestions for the Mad Money website?
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes