Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

MAD MONEY FEATURES

Podcasts PODCASTS
Watch the Lightning Round whenever and wherever you want.




Full ShowFull ShowFULL SHOWS
Missed an episode of Mad Money?  Watch the lastest show here.




Widget OFFICIAL MAD MONEY WIDGET
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.




Soundboard CRAMER'S SOUNDBOARD
Admit it: You’ve always wanted to hit the “They know nothing!” button. Here’s your chance.




Mad Money PhotosCRAMER QUICK PICS
Check out the Mad Money host on set, back to school, behind the scenes and more.




Mad Money VideosVIDEOS
Get all your favorite Cramer clips right here.





ShopSHOP FOR MAD MERCHANDISE
Buy Cramer books, bobbleheads and other Mad Money merchandise.




Ringtones RING TONES
Pick up the phone! It’s Cramer! New Mad Money sounds for your cell phone.




Mobile AlertTEXT MESSAGE ALERT
Mad Money’s mobile. Get show highlights sent to your phone.




Text Size
Mar.13
10:11 PM ET
Friday, 13 Mar 2009
Mad Mail: When Will RIMM Catch Apple?

Booyah Mr. C: Apple [AAPL  Loading...      ()   ] is soaring again, but why isn't RIMM keeping up? Do you think Research in Motion [RIMM  Loading...      ()   ] will catch up to Apple and make it back to $60 in the near future? --Dave

Cramer says: “RIMM shaded its numbers down, told you to go to the low end. Apple has continued to blow numbers away. So it really is just a question of what company is closer to perfection. And Apple keeps doing well. I think Apple’s expensive, but you know I like it. I think RIMM is cheap, and I like it. But that has not been a moneymaker in the latter, and it’s been a moneymaker in the former.”

          ___

Jim: A general education question - how does an ETF differ from a mutual fund? Is it just new lingo for the same thing? --Lon

Cramer says: “No, you can control when you want to take your profits [with an ETF]. I think that’s important for tax considerations.”

          ___

Jim: I've been buying U.S. Steel [X  Loading...      ()   ] from $40.00 through $30.00. I'm thinking about buying more at today's prices, but I'm concerned about some stories I've been hearing about X. Do you think the prices have bottomed? --Mark

Cramer says: “What people are worried about here are debt covenants…I am so tired of trying to figure out whether letter X is good or bad. I have to have Mr. [John] Surma on, the CEO. I am not going to make a determination without checking in with him.”

          ___

Jim: How can it be a shock that foreclosures increased? Unemployment increased. A home is not an earning asset, the homeowner is the earner that supports the debt service. No income, no debt service, the house belongs to the bank, it's pretty simple. The moratoria on foreclosures didn't change the math, it just led to a surge in foreclosures when the moratorium ended. --Merrill

Cramer says: “You said it better than anybody. All the models said that if unemployment ever explodes, foreclosures are going to break loose. That’s why it’s so important to combat unemployment and housing foreclosures. It’s why we favored the $15,000 tax credit that didn’t get in [the stimulus bill]. It’s why we favored 4% mortgages for everyone, including refinance, even if you’re not struggling, because we want fairness. We’ve not been heard about our issues. But we’ll keep trying.”

          ___

Jim: Can you explain why there are so many analysts that don't agree with your take on the uptick rule? For example, how will the uptick rule impact the short ETFs? --Chris

Cramer says: Check TheStreet.com for the writings of Bill Furber and Eric Oberg. They make the best case for why we need the uptick rule.





Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?

© 2009 CNBC, Inc. All Rights Reserved

Tools:
PrintEmailAdd This share icon
Next Post
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 06:27:23 23 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 10:08:23 23 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 10:23:55 23 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 09:12:15 23 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters