Mad Mail: Solution to Ethanol Problem?
Dear Cramer: I enjoyed your series last week on America's "new tech" companies; however, I have to disagree with your "sell, sell, sell" opinion regarding Stark Industries. Mr. Stark's abandonment of the weapons division in pursuit of alternative energy seems right in line with your thesis, and the subsequent 56-point drop should be looked at as a golden buying opportunity. Don't you think Stark Industries could be the next First Solar? --Seth
Cramer says: Stark Industries is fiction! First Solar, however, is not and when that stock dropped, it was by a very “buyable” 56 points.
Dear Jim: You have made yourself quite clear recently that ethanol is not the answer to reducing our dependency on foreign oil…I'm curious to know why nobody seems to be talking about using DDGS (Distillers Dried Grains with Solubles) as a feedstock to replace some of the demand for corn. I've read a few articles that talk about the billions of bushels of corn that can be displaced from the animal feedstock market by using DDGS. What’s your take? --Gregory
Cramer says: This is “not plausible.” The farm ag lobby won’t let it happen. This whole ethanol situation is a “big political mess.”
Dear Jim: I'm not a professional linguist, but from what I understand the term "booyah" comes from Jamaican Patois/ Jamaican Creole. It is a derivative or synonym of "booyakasha" or "booyaka," which are onomatopoeic words that simulate the sound of gunfire. That being said, I love what you do. I've been teaching English in Taiwan and China for the past four years and seeing your show upon my return reminds me of what makes this country great…what do you think of New Oriental Education and Technology Group ? –Nick
Cramer says: I’ve heard that too about the origins of "booyah." As for the China-based EDU, it’s very difficult to analyze.
B-B-B-Booyah Cramer: You talked about Shaw Group as a green play because of its nuclear business. There is another green aspect to SGR. It's a different shade of green though. SGR has an environmental division that has contracts for two huge environmental remediation contracts on rivers in New York and Michigan. They also have contracts for cleanups for landfills and military bases…they seem to get a new military contract every month. I guess you could say SGR is both "clean and green." --Fred
Cramer says: You’re absolutely right about Shaw. The problem is that it needs more international focus because it is next to impossible to get a nuclear plant built in the U.S.
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