Jim: With oil falling and the new SHO list [of heavily shorted stocks...find Nasdaq's here and the NYSE's here], will this put a floor under Cal-Maine Foods? It would seem the input costs for feed will go down, transportation costs will go down and the pressure on the stock should go away. There is always demand for eggs regardless of the economy, perhaps more so in a poor economy? --Jim
Cramer says: “You’re absolutely right.” CALM’s a profitable company and it should cause a floor. Cramer’s been recommending Panera Bread and Sears Holdings as profitable companies that have been over-shorted. Just be sure you don’t buy unprofitable companies when reviewing the SHO list.
Dear Jim: I want to thank you for making investing and money issues simple for the non-Wall Streeter to understand. You are to Wall Street what Tim Russert was to politics. I make the money and my wife invests it into mutual funds mostly. She keeps looking at our money drop...Here's my question: If the market drops 500 points...where does that money go since people are pulling their money out? Are they putting it into CDs? Gold? International markets? I am sure that the Big Guys on Wall Street are not all losing their shirts when the market drops because they are finding another, better investment. Thanks for your insight. --Michael in Illinois