Lightning Round OT: Novell, Potash and More
Novell : Novell is a sell, Cramer said. The company may earn a takeover bid, but the fundamentals aren’t strong enough to support owning this stock.
Potash : “I want you to continue to own Potash,” Cramer said. The “exploding price of corn” and what Cramer thinks will be “new standards for ethanol” from the Environmental Protection Agency will drive the takeover bid POT earned from BHP Billiton much higher. Maybe as high as $160.
VirnetX : VHC is a “great spec” trade, Cramer said. But only as a speculation play because VHC “doesn’t really have much going for it in terms of an earnings profile.”
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