MAD MONEY RECAP | LIGHTNING ROUND | Tuesday, 08/12/08

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See Jim's
1:30pm valuable
Comments from
today's
"At The Half"
1:30pm show
here...



	Tuesday, 08/12/08 Posted 08/13/08, 10:37 am ET	(Scroll down to see Jim's comments below)



Today's date: Tuesday, 08/12/08

	Dow Jones:	11,642		- 139
	NASDAQ:		2,430	- 9
	S&P 500:		1,289	- 15


■	Stock Snapshots - Includes all stocks from callers' questions	■

After this segment, you can see Jim's Closing Segment picks here...

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Jim
Cramer's
rating on
this stock

STOCK
SYMBOL

Closing
price
that
day

Opening
price
next
day

Full Company Name/Comments
(see comments above for each)

VISN

18.70

VisionChina Media Inc. (VISN)

VISN - No man, look... I'm watching the (Olympic) games... I'm watching the games, but do not ask me to buy communist Chinese stocks. As it is, I violated my discipline and actually recommended a couple Russian stocks. I don't trust communists... I don't trust confiscatory nations. I really believe that you've got to stay away from these countries... I am so glad that I stopped recommending Chinese stocks at the end of last year. I am not going back in... I watch the Olympics, I enjoy their competition, but do not ask me to put money in their market!

54.79

Coca-Cola (KO)

KO - You should start (as a new investor) with KO. I have to tell you... Do you remember when KO was at $51, and they reported a quarter... the quarter looked fine... and the stock immediately fell to $49. That was nonsense. SunTrust (STI) has a big position in KO. They need to raise a lot of money... because their balance sheet is bad. That's pressured KO. I thought their quarter was magnificent... We went to see KO last year when we were at Georgia Tech. That is a dynamite company. They have their raw costs under control. I suggest people who do not own a Warren Buffett company that want to own one... I prefer KO even to Johnson & Johnson (JNJ), and that's making a statement.

AAPL

176.73

Apple (AAPL)

AAPL - All right AAPL is a stock that we liked very much on Mad Money... Now, let's understand each other... This is a wild trading stock. It's an emotional stock... The way you buy AAPL... and I'm doing a whole tutorial after the Lightning Round on how to buy these wild stocks. You pick a price. Don't just go in and buy it, because it is just natural that, one day, AAPL will be raided down by a bear raid, by a group of hedge funds that need to take stocks down for performance... yes, that happens... Pick a spot... Let's say you wanted to buy 100 AAPL shares. You buy 25 here and then you wait 5 points, then another 25 at the next 5 points down. If you buy AAPL all at once, I'm giving you the buzzer!

RIG

125.46

Transocean Inc. (RIG)

RIG - All right, I've been avoiding RIG, because I felt that the group was going to come under pressure... And you know what?... I now think that the group is so far down that you've got to think about re-buying RIG. I used to own a huge position in RIG for my charitable trust. I took profit. I have not looked back. I now believe that, if you wanted to, you could start buying RIG, and I would endorse it. Boy, has that group been killed... it's just been crushed, spindled and mutilated...

LINE

20.02

Linn Energy, LLC (LINE)

LINE - Look, if I can get a 12% yield, and I don't think natural gas is going below $8, then I want to pull the trigger. I think that stock represents great value. I believe natural gas is drawing the line at $8 bucks. Why? Because coal's at $7.50. How can the cleaner fuel be priced through coal? Not only that, every major chemical company that saw that oil and natural gas ran up to $13. It's back to $8. Real buyers are here, not traders. Natural gas is making a stand at $8, and my stand includes LINE.

CALM

43.03

Cal-Maine Foods Inc. (CALM)

CALM - All right, you've got an egg company... that is a wild trader. You are sitting on a powder keg, dynamite. I like the fundamentals. The bears hate the stock... I'm going to go with you (bull sound)... But I've got to tell you, a 52-week high in this market is hard to find. I want you to be careful.

SFI

7.02

iStar Financial Inc. (SFI)

SFI - No, no... this is a company that is so high-risk that... even down here, I don't trust it... even down here... although they are great guys, I do not be connected with that kind of mortgage mezzanine real estate stuff. Way too dangerous for you and for me.

MIG

6.78

Meadowbrook Insurance Group (MIG)

MIG - You know, there'd be a time when I would have said that one is too dangerous, because I don't want to be in insurers and medical. I think you have a point there. I think that could be a speculative favorite. Let me just see the market cap... Oh geez, at $251 million... too dangerous for me to recommend on this show... but I think you're in the sweet spot, at that point, with that kind of medical health insurance play. I'm going to endorse it, but only for speculators.

[ end of lightning round ]

After this segment, you can see Jim's Closing Segment picks here...

Go to the CLOSING SEGMENT from tonight's show here >>

See current quotes on Yahoo! Finance from tonight's show stocks here >>

Symbol keys:
	A Charitable Trust stock. - An asterisk next to a stock symbol indicates that Jim mentioned it is a stock that he manages within his charitable trust portfolio. You can see the complete portfolio of stocks here >>
	Thumbs up - indicates he would buy the stock or, at the very least, not sell the stock. We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show. Please read his comments to decide for yourself.
	Thumbs down - indicates he has said not to buy or to sell the stock, based on his comments We do our best to interpret Jim's opinion on stocks, as we think it is indicated by his comments during the show. Please read his comments to decide for yourself.
	Back up the truck - indicated by Jim, when he says the stock is so good, that he would do a 'mon-back' on the stock... In other words, this is the sound someone would say to a truck driver, "Come on back... " as he is "backing up the truck" to load up on his cargo. Translation for buying stocks: This recommendation by Jim indicates that, after you do your own homework on the stock, you should feel comfortable loading up on it, as it is in a good position to be bought at this point.
	Stumped. - Of the 2,000+ stocks that Jim Cramer has in his head, for which he has an informed opinion, he sometimes comes across a caller with a stock he does not know well enough to opine on... He then indicates he is stumped and will have to come back to it, after he does some homework of his own on the stock. This usually occurs during the Lightning Round, when Jim does not know in advance who is calling, or what their stock question is about.

Definitions of key phrases used by Jim, known as "Cramerisms":

Definition: 'Pull the trigger' is Jim's phrase for making the decision at that point to trade - either to 'buy' or to 'sell' (although he usually uses the phrase for buying), as if to say you should feel comfortable enough to make the final decision without looking back...

Definition: 'Ring the Register' is Jim's phrase for selling a stock, and making it a final sale, that you should not look back on. Put it behind you.

Definition: 'Let It Come In' indicates how you may wait for it to pull back, or have the stock price come down briefly, as your chance (after letting it come in) to buy the rest of your position (i.e., total number of shares you own in that stock).

Definition: 'backing it up' or 'doing a 'mon-back' is Jim's phrase for the metaphor of backing up a truck to load up on a stock by buying it. 'Mon-back is short for the imaginary worker saying, 'Come on back...' as the truck is backing up to receive its load... Notice that we use the little truck icon to indicate where Jim has mentioned this. Translation for buying stocks: This recommendation by Jim indicates that, after you do your own homework on the stock, you should feel comfortable loading up on it, as it is in a good position to be bought at this point.

See more "Cramerisms" & other financial phrases here >>

Helpful Websites:

See the stocks currently known to be in Jim Cramer's
Charitable Trust at:

jim-cramer-charitable-trust-stocks.com

See the stocks currently known to be in Warren Buffett's portfolio
of stocks at:

warren-buffett-portfolio.com

Stock Homework 101: This is an excellent upcoming site that provides resources and links to help you do that homework that Jim Cramer recommends after hearing his suggestions...

StockHomework101.com

This site is coming soon. Thank you.

FastMoneyRecap: This site will be a quick summary of recommendations made by the great Fast Money TV show crew, that will offer you a unique service, to compare their picks to Jim Cramer's past comments about those stocks.

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