Cramer on BloggingStocks: From froth to investible - Jim Cramer

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Cramer on BloggingStocks: From froth to investible
Aug 11, 2009 03:10 PM UTC

Jim Cramer

Return	Risk
+2.19%	MID

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Profile & Performance

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Symbol	Sentiment	Start	Return	Closed
ETFC		08/11/09	+22.63%	--
CIT		08/11/09	n/a	--
GNW		08/11/09	+37.30%	--
FNM		08/11/09	-15.89%	--
AIG		08/11/09	+22.40%	--
RF		08/11/09	+17.02%	--
ZION		08/11/09	-21.75%	--
FRE		08/11/09	-28.21%	--
HBAN		08/11/09	-16.36%	--
KEY		08/11/09	-5.02%	--
FITB		08/11/09	+9.44%	--

Via BloggingStocks:

Filed under: Market matters, Regions Financial (RF), CIT Group (CIT), Federal Natl Mtge (FNM), Amer Intl Group (AIG), Stocks to Buy, Cramer on BloggingStocks, E*TRADE (ETFC)

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TheStreet.com's Jim Cramer says many stocks, considered frothy at one time, have turned into good turnaround stories.

Here's still one more version of a short-seller's nightmare. What happens when froth turns to investible? What happens when you see behavior that clearly indicates froth and then, somehow, the fundamentals change, and the stock takes off?

We have seen that recently in so many situations that it is pretty dazzling. It was one thing to see Genworth (NYSE: GNW) (Cramer's Take) back from the dead on its own.

Continue reading Cramer on BloggingStocks: From froth to investible

Cramer on BloggingStocks: From froth to investible originally appeared on BloggingStocks on Tue, 11 Aug 2009 10:10:00 EST. Please see our terms for use of feeds.

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tati

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1 point commented 118 days ago reply

CIT can't even survive the bankcruptcy. The only way to go is down....I will stay away from CIT. No way can it survice the huge amount of debts........

tati

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1 point commented 118 days ago reply

How could CIT turn out good results when it doesn't have cash and gonna to be a big losing quarter for them?

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