Lightning Round OT: MBIA, China Unicom and More

Popular : BPOP is too speculative, Cramer said, adding that the bank “has historically had a lot of problems.”

Alkermes : Sell ALKS, Cramer said. The company “is always supposed to have ‘the next big thing’ drug,” but it never delivers.

China Unicom : Sell CHU. “The competition’s too great,” Cramer said, “and the Chinese market is too horrible.”

MetroPCS : “I think it’s a terrific speculative play,” Cramer said. He likes Sprint Nextel, too.

MBIA : Take some profits on MBI. “It’s up largely on a short squeeze,” Cramer said. “I say you take advantage of that.”

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