Jim Cramer has a hard enough time trying to figure out the trajectory of a stock when it isn't a battleground. But with Viacom, there are simply too many questions.
Who is running the company? Who will be fired? Who is really on the board? Is Sumner Redstone capable of running the company?
"Sometimes there is just no good way to value a stock. That is how I feel about Viacom," the "Mad Money" host said.
Cramer found the earnings just as puzzling. In an update on its June quarter financial expectations on Friday, Viacom reported that it only expects to earn between $1 and $1.05 a share for the third quarter of 2016. This was below the $1.38 per share expected by Wall Street.