Jim Cramer's Stop Trading Mar. 2
Global Santa Fe (NYSE: GSF - News): Cramer is amazed that this stock is so low. He translated the conference call to say 'You know want? We're fed up with Wall Street. We'd rather be private. Our contracts are worth ten times the price of our darn stock.' Cramer predicts the stock will rise from $57.
Viacom (NYSE: VIA - News): Viacom reported a great quarter that might have gone unnoticed because of its complaints about subprime lending and the yen carry trade. The company "broke all the rules" when CEO Philippe Dauman gave forward guidance in the conference call; "he let the cat out of the bag. He said the next quarter is great... that's money in the bank!" Cramer said, and would buy the stock up 71 cents Friday at $39.28.
Viacom (NYSE: VIA - News): Viacom reported a great quarter that might have gone unnoticed because of its complaints about subprime lending and the yen carry trade. The company "broke all the rules" when CEO Philippe Dauman gave forward guidance in the conference call; "he let the cat out of the bag. He said the next quarter is great... that's money in the bank!" Cramer said, and would buy the stock up 71 cents Friday at $39.28.
Labels: GSF, Jim Cramer, Jim Cramer's Stop Trading, VIA
posted by Stock Administrator @ 12:32 PM
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