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Jul.07
10:04 PM ET
Natural Gas: Super Hot or Overheated?
Posted By:Brian Beers
Topics:Energy | Natural Gas | Stock Picks | Stock Market
Companies:RAM Energy Resources Inc
Cramer has been saying since last year that 2008 would be the year of natural gas, and he still believes the commodity has a lot higher to go.
JULY 7TH RECAP
- Sudden Death: Bearish on Boeing, Visa, and Navios Maritime
- Mad Mail: Have Fertilizer Stock Prices Bottomed?
- Natural Gas: Super Hot or Overheated?
- Lightning Round OT: SunPower and Solar Are Overheated
- Focus on the Buying Habits of the Big Money Players
- Lightning Round: Stay Out of Financials
- Win With Genentech Against the Bears
- How to Play the Recession Game
- Stop Trading: Jerry Yang Is On My Wall of Shame
Jim talked to Larry Lee, the founder, chairman and CEO of RAM Energy Resources [RAME
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], one of the oil and natural gas wildcatters featured on the show a couple of weeks ago with exposure to the Barnett and Devonian shales.
The stock is flat since Cramer recommended it but it's up 13% year to date and 4.8% year over year. The company plans to drill like crazy, and is about 40% exposed to natural gas.
Who better to help us figure out the prospects for the group.
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