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When Life Hands You Lehman - Cramer's Stop Trading! (6/18/08)

 Jun 19, 2008 10:01 AM UTC
Return Risk
-9.45% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
POT n/a
MOS n/a
GIS n/a
PNRA Positive 06/19/08 +8.81% --
AGU n/a
LEH n/a
BBY n/a
CROX Negative 06/19/08 +50.80% --
GS Positive 06/19/08 -12.67% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  




Recap of Jim Cramer’s comments on Stop Trading! Wednesday June 18.


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Potash (POT), Mosiac (MOS), Agrium (AGU): Cramer says fertilizer stocks are taking a breather, but the sector has been “the most powerful trend I have seen in my career since DSC Communications in the '80s.” He thinks seeds provide more potential for energy development than oil, since Congressional Democratic majority leader Nancy Pelosi is against drilling.

Lehman Brothers (LEH): Those wanting to know Cramer’s opinion of Lehman Brothers should read the bank’s conference call, particularly the Q&A section featuring Deutsche Bank's Mike Mayo. Cramer says it is very clear the company has had a horrible vintage of mortgages and does not know what is in its portfolio.
Goldman Sachs (GS): Of the best-of-breed investment bank, Cramer said, “All I can tell you is that the stock is higher in
...



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