Jim Cramer's Mad Money Review

This site is dedicated towards tracking Jim Cramer's stock picks on his TV show Mad Money. Read about and discuss Jim Cramer's ability to move markets. Be ahead of the stock market. Get the news before its news.

Wednesday, September 26, 2007

Jim Cramer's Mad Money Lighting Round Sept. 25th

Cramer started the Lightning Round by recommending that holders of Baidu.com (BIDU) and Focus Media (FMCN) take some profits off the table. The holders of these stocks should sell half their holdings.

Bullish:
Cisco (CSCO) is a better choice than Arris Group
Procter & Gamble (PG)
AK Steel (AKS): Cramer recommended owning AKS on the potential for a takeover.
Go with Wynn (WYNN) and Las Vegas Sands (LVS) instead
Republic Services (RSG): Likes it but would go with Waste Management (WMI) is the best-of-breed stock in this space.
Altria (MO): Stick with it and buy more if it goes below $65.
Intuitive Surgical (ISRG): "One of the great growers."
Freeport-McMoRan (FCX): Cramer expects FCX to go $120, but he wouldn't frown on investors taking profits.
Cramer likes Best Buy (BBY) or Lululemon (LULU) better.
Chipotle (CMG) instead of Buffalo Wild Wings
Garmin (GRMN): Cramer likes the stock, but it's up too much today.

Bearish:
Harman International (HAR): Wait until December to look at.
Arris Group (ARRS): Overpay
Global Payments (GPN): Cramer's not interested.
Melco (MPEL): Three boo's
E*Trade (ETFC): Cramer isn't bullish on the stock just yet. He said he doesn't think it goes below $9.
GigaMedia (GIGM): Cisco (CSCO) is the better play here also.
hhgregg Inc (HGG): No
Buffalo Wild Wings (BWLD): Cramer thinks you should get out of Buffalo Wild Wings

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Wednesday, August 22, 2007

Jim Cramer's Mad Money Review

Playing it Safe with Procter & Gamble (NYSE: PG - News)
As interest rates go lower, dividends will rise in value, and Cramer recommends PG as a "money in the bank" dividend stock. While at first glance, few would be impressed by a $64 stock with a 2.2% yield, Cramer reminded viewers that PG was at $30 in 2000. Reinvesting PG's dividend is like having "compound interest" said Cramer and he lauds PG for its "mega buyback." He predicts PG will reach $90 and is a good way to "Fed-proof your portfolio."
How Much is that PetSmart in the Window? VCA Antech (NasdaqGS: WOOF - News), PetMed Express (NasdaqGS: PETS - News) and PetSmart (NasdaqGS: PETM - News)
The heated discussion over NFL star quarterback Michael Vick's upcoming trial shows "people won't stand for cruelty to animals," said Cramer who unveiled some of his pet picks and peeves. One pet peeve was WOOF's "piled-up debt," but he liked discount pet pharmacist PETS for its personalized care. However, his best pet pick was PETM, which is up $3 from where he recommended it in January. PETM is known for selling "high-class premium" items and has $245 million cash on hand. PETM will remain the victor as its main rival, Petco, will probably close stores after being taken over by a "debt-ridden" company.

Everybody out of the Poole: Bear Stearns (NYSE: BSC - News), Countrywide Financial (NYSE: CFC - News), Goldman Sachs (NYSE: GS - News)
Cramer defended his vigorous criticism of St. Louis Federal Reserve President William Poole, who said interest rates should be raised, not lowered. Cramer accused Poole of "single-handedly attempting to destroy" the market and said he should put in his resignation. Senator Kent Conrad (D, N.D), chairman of the Budget Committee, was Cramer's guest caller and said Poole's proposal was "reckless and irresponsible" and would cause a calamity. He added difficulties at BSC, CFC and GS speak for themselves. Conrad added Poole' s statements showed a "lack of confidence" in the market, and Cramer concluded the segment with his hope that " people on Wall Street are as considerate as those in the Senate."
Mad Mail: Altria (NYSE: MO - News), Melco PBL Entertainment (NasdaqGM: MPEL - News), Las Vegas Sands (NYSE: LVS - News) and Wynn Resorts (NasdaqGS: WYNN - News)
Cramer says there is "good news coming" at Altria with a rise of 5 points to the 70s but not the 80s, since it is a stock "everybody already owns" and has limited upside. Atlhough he liked the IPO, Cramer says MPEL is now worst of breed and prefers LVS or WYNN.
Published By SeekingAlpha

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Wednesday, August 08, 2007

Jim Cramer's Mad Money Lightning Round Aug. 7th

Chesapeake Energy (NYSE: CHK - News): 'The whole complex of natural gas is so ridiculously too low. Just because we had a couple of months stored... CHK is a great driller. It's got great assets. I believe that natural gas will come back in vogue.'Wynn Resorts (NasdaqGS: WYNN - News): 'Look, Macau gambling is for real! I've been behind the Macau gambling... I still like Wynn.'Las Vegas Sands (NYSE: LVS - News)Apache (NYSE: APA - News): 'I like APA. It has oil, it has gas, and it's right. It's beaten down, and I would pull the trigger today! 'Schlumberger (NYSE: SLB - News): 'Do you know that Schlumberger is selling at 17x next year's earnings?... This is just a very inexpensive stock... how could I not recommend that unbelievable best-of-breed?...'Helix Energy (NYSE: HLX - News): ' ... as much as I like the HLX... If SLB's selling at 17x earnings, I mean, how could I not recommend that unbelievable best-of-breed?... 'Shaw Group (NYSE: SGR - News): ' ... don't hold me to it, but I think that's going to be good. And SGR is on a remarkable run!... Now, look, understand... We had that horrible bridge tragedy, but all of us know the infrastructure is woefully needing repair. It's SGR. The infrastructure bull market is probably the strongest market on earth!'Fluor (NYSE: FLR - News)McDermott (NYSE: MDR - News)DaimlerChrysler (NYSE: DCX - News)Boeing (NYSE: BA - News): ' ... but I am reiterating absolutely that Boeing is a buy, and the orders will trickle down. It's just that we don't have them right now.'Cisco (NasdaqGS: CSCO - News): ' ... reported a blowout quarter tonight - as we've been predicting endlessly, and finally it happened... Remember, he did announce the $5 billion buyback at the end of his last quarter... buy, buy, buy - CSCO, even above $31. 'Level 3 Communications (NasdaqGS: LVLT - News)Garmin (NasdaqGS: GRMN - News): ' ... conference call for GRMN was amazing. The guide up was huge... GRMN's a keeper! Stay with GRMN - buy, buy, buy! 'Crocs (NasdaqGS: CROX - News)Under Armour (NYSE: UA - News)Temple Inland (NYSE: TIN - News): ' ... Temple Inland remains my favorite, courtesy of Carl Icaan and his restructuring. '
Bearish calls:
Zebra Technologies (NasdaqGS: ZBRA - News): 'I personally think that the bar code business has peaked. It's just not exciting to me. I don't want to be in it. Don't buy, don't buy.'Haynes International (NasdaqGM: HAYN - News): '... didn't report a good quarter..., is the aerospace bull market caput?... I think that there's a big lag between when the (Boeing) Dreamliner gets built, and all of these stocks blow away their numbers... Now it's still painful ... I think this group is going to be on hold, and the better side is the defense stocks right now..'.Starbucks (NasdaqGS: SBUX - News): ' ... I want good, solid growth... and consistent growth... and SBUX can no longer give that to me. Don't buy, don't buy. At $23, I'll pull the trigger.'Juniper Networks (NasdaqGS: JNPR - News): 'I believe that CSCO is better than JNPR. I am telling you - sell, sell, sell - JNPR.'Weyerhauser (NYSE: WY - News): 'They can't deliver.'
Published by SeekingAlpha

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Monday, March 19, 2007

Jim Cramer's Mad Money Lightning Round Mar. 16

Bullish calls:
First Solar (NasdaqGM: FSLR): 'I want you to go First Solar.'ING (NYSE: ING - News): 'It is a premier bank, but it did miss the quarter. Below 40, you have a nice yield.'Apple (NasdaqGS: AAPL)Staples (NasdaqGS: SPLS): 'Flat-lining ... but all is well, there's nothing wrong, business is .'Dick's Sporting Goods (NYSE: DKS - News): 'Reported a monster good quarter. ... I think that stock is going to 60.'DaVita (NYSE: DVA - News): 'Everybody keeps thinking it has this Medicaid problem. ... DVA should be purchased. I'm reiterating buy.'MGM Mirage (NYSE: MGM - News): 'Inexpensive casino stock.'Las Vegas Sands (NYSE: LVS - News)Silver Wheaton (NYSE: SLW - News)Yamana Gold (NYSE: AUY - News): 'I am going to recommend ... Yamana Gold.'
Bearish calls:
Trina Solar (NYSE: TSL - News): 'Swap out of Trini Lopez Solar, and I want you to go First Solar.'Pre-Paid Legal Services (NYSE: PPD - News): ' I don't think you can buy this stock or sell it, because of its odd trading pattern.'
Published By SeekingAlpha

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Jim Cramer's Mad Money Lightning Round Mar. 16

Bullish calls:
First Solar (NasdaqGM: FSLR): 'I want you to go First Solar.'ING (NYSE: ING - News): 'It is a premier bank, but it did miss the quarter. Below 40, you have a nice yield.'Apple (NasdaqGS: AAPL)Staples (NasdaqGS: SPLS): 'Flat-lining ... but all is well, there's nothing wrong, business is .'Dick's Sporting Goods (NYSE: DKS - News): 'Reported a monster good quarter. ... I think that stock is going to 60.'DaVita (NYSE: DVA - News): 'Everybody keeps thinking it has this Medicaid problem. ... DVA should be purchased. I'm reiterating buy.'MGM Mirage (NYSE: MGM - News): 'Inexpensive casino stock.'Las Vegas Sands (NYSE: LVS - News)Silver Wheaton (NYSE: SLW - News)Yamana Gold (NYSE: AUY - News): 'I am going to recommend ... Yamana Gold.'
Bearish calls:
Trina Solar (NYSE: TSL - News): 'Swap out of Trini Lopez Solar, and I want you to go First Solar.'Pre-Paid Legal Services (NYSE: PPD - News): ' I don't think you can buy this stock or sell it, because of its odd trading pattern.'
Published by SeekingAlpha

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Tuesday, March 13, 2007

Jim Cramer's Stop Trading Mar. 12

Morgans Hotel (NasdaqGM: MHGC): Cramer praised CIBC analyst David Katz for sticking to his guns when he put a buy rating on MHGC at 16. Since then, it has risen to 19, and Katz is optimistic that it will go higher.
Melco (NasdaqGM: MPEL) and Las Vegas Sands (NYSE: LVS - News): Although he profited well year over year from LVS in Macau and made "100% for our viewers" with the stock, Cramer regrets having recommended MPEL, which sneaked in a press release late on Friday about its huge overruns, news that did not make the American media; "I don't like that kind of late Friday, only Australian-paper pickup." Concerning subprime lenders, he commented they haven't "been as big a loss to the economy as March Madness."
Published by SeekingAlpha

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Friday, March 09, 2007

Jim Cramer's Mad Money Review

Not a Borrower but a Lender Be: Cash America International (NYSE: CSH - News), Advance America, Cash Advance Centers (NYSE: AEA - News), New Century (NYSE: NEW - News) and NovaStar (NYSE: NFI - News)
"Where others see catastrophe, I see opportunity," Cramer said concerning the subprime lending crisis, and suggested playing difficulties with working class loans by investing in"pawnbrokers and loan sharks." Cramer calls CSH the "largest player in pawn lending," and comments the slightly risky and morally dubious AEA is "cheap, cheap, cheap." While others are spending their time and resources shorting NEW and NFI, Cramer prefers being bullish on CSH and AEA.

Rubble Stock: Chemed (NYSE: CHE - News)
Thursday's so-called "rubble stock" which Cramer thinks did not deserve the beating it took during the selloff was Chemed, a company which has a thriving Vitas hospice operation and Roto-Rooter plumbing business. Cramer likes CHE because it "blew away its numbers" right before the selloff, and although it has recovered somewhat, CHE is still low enough to buy. CHE jumped $7 in one day, and shed $2 during The Fall, and although the drop was not significant, Cramer still believes CHE is "immunized" against downside and he would buy it before "it gets its mojo back."

Sell Block: Fortress (NYSE: FIG - News), Goldman Sachs (NYSE: GS - News), Melco PBL Entertainment (NasdaqGM: MPEL), IPG Photonics (NasdaqGM: IPGP), Wynn (NasdaqGS: WYNN), Las Vegas Sands (NYSE: LVS - News), Artes Medical (NasdaqGM: ARTE), Switch & Data Facilities (NasdaqGM: SDXC), Aero Vironment (NasdaqGM: AVAV), Opnext (NasdaqGS: OPXT)
Cramer dedicated Thursday's Sell Block to tracking the success and failure of recent IPOs. He suggested selling FIG and buying GS instead. He would also sell MPEL and IPGP "on any strength," and admitted that Meclo was an "unmitigated disaster," and apologized for backing it, saying he "extrapolated" his bullishness from the success of WYNN and LVS in Macau. Cramer was glad he didn't recommend ARTE, because the company is not thriving, but would buy SDXC which is cheaper than its rivals and will have a "positive news flow in the near term." He also likes AVAV as a defense play and would pick up OPXT, but only when it dips.
CFO Interview: Rick Lindner, AT&T (NYSE: T - News)
Cramer asked CFO Rick Lindner how the company was able to put cash into AT & T Wireless, continue to develop and build its network and raise its dividend simultaneously. Lindner replied, "First of all, we've done three large acquisitions in the past three years," which have resulted in "tremendous opportunities for merger synergies. And those synergies are driving double-digit growth." He also commented on new products and growth in wireless and data. Although Cramer usually discourages a "buy and hold" strategy, he said investors "can buy AT&T and put it away," because it is well-run and has a solid yield.

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Tuesday, February 06, 2007

Dow Closes Higher on Bernanke Speech

Wall Street eked out a modest advance Tuesday after investors found little motivation in remarks by Federal Reserve officials and also shrugged off a warning from chip maker National Semiconductor Inc.
Major indexes squeaked by with gains after spending most of the session extending Monday's losses. Investors have been left looking for direction after the Fed held interest rates steady last week, and as corporate earnings season winds down.
Fed Chairman Ben Bernanke did not address interest rates when he spoke before the Omaha Chamber of Commerce. Similarly, speeches by two other central bankers and Treasury Secretary Henry Paulson also had little news to sway investors.
National Semi warned that sales will fall steeper than expected; the news initially cast a shadow across the market, but by the close of trading, even the tech-dominated Nasdaq composite index had recovered.
"I get the sense investors are waiting to see what the market is going to do next, and aren't entirely convinced that a slight pullback is going to manifest itself," said Mike Malone, trading analyst at Cowen & Co. "There really wasn't any expectation that something would come from Bernanke. But the fact its over leaves investors looking around for what's next."
According to preliminary calculations, the Dow rose 4.57, or 0.04 percent, to 12,666.31.
Broader stock indicators finished narrowly higher. The Standard & Poor's 500 index added 1.01, or 0.07 percent, to 1,448.00, and the Nasdaq rose 0.89, or 0.04 percent, to 2,471.49.
Stocks got some support from a decline in bond yields as fixed-income investors place bets on where interest rates are headed. The bond market had hoped to glean more from speeches by Bernanke and Treasury Secretary Henry Paulson.
The yield on the benchmark 10-year Treasury note fell to 4.77 percent from 4.81 percent late Monday. The dollar was lower against other major currencies, while gold prices advanced.
Oil prices continued to climb on concerns that a blast of arctic weather in the Midwest and Northeast might linger, and drive up demand for heating fuel. A barrel of light sweet crude rose 14 cents to $58.88 on the New York Mercantile Exchange.
A jump in demand could lead to higher energy costs, but also greater profits for energy producers. However, any benefit to big oil companies was offset by disappointing results from BP PLC.
Britain's biggest refiner fell 54 cents to $63.25 after reporting fourth-quarter profit slipped 22 percent, and slashed its growth targets for this year. Anadarko Petroleum Corp. shares fell 48 cents to $42.47 after it said fourth-quarter profit doubled due to a one-time gain on the sale of a Canadian unit.
Exxon Mobil Corp., a component of the Dow Jones industrials, fell 21 cents to $75.46, while Chevron Corp. shed 41 cents to $73.37.
Matt Kelmon, portfolio manager of the Kelmoore Strategy Funds, said investors will be looking at further fluctuations in the energy sector as one way the market might pick a direction. He also said there will be continued scrutiny over corporate earnings, although many major companies have already reported.
"The market is not expensive, it's not dirt cheap, and the catalyst over the past few weeks has been earnings," he said. "Everything is really on hold until the market finds something else to talk about, but there's still no huge sign of an imminent pullback."
Technology stocks were among the market's biggest decliners, led by the semiconductor sector. National Semi fell 64 cents, or 2.8 percent, to $22.68 after it predicted lower-than-expected sales in the third quarter because of lower shipments to the Asia Pacific region.
Rival Advanced Micro Devices Inc. fell 28 cents to $15.32, while Texas Instruments Inc. shed 37 cents to $31.22. Intel Corp., the worlds largest chip maker for personal computers, rose 3 cents to $21.31.
In other corporate news, Avon Products Inc. rose $3.38, or 9.8 percent, to $38 after the maker of beauty products said its fourth-quarter profit edged up from a year ago as the company struggled with restructuring costs.
McClatchy Co., the nation's second-largest newspaper publisher, rose 53 cents to $39.29 after its operating earnings surpassed Wall Street projections.
Las Vegas Sands Corp. fell $3.41, or 3.3 percent to $100.68 after the casino company reported fourth-quarter profit was boosted by an unexpected $30 million gain from its high-rollers table. Advancing issues outnumbered advancers by about 2 to 1 on the New York Stock Exchange, where volume came to 1.47 billion shares.
The Russell 2000 index of smaller companies rose 3.34, or 0.41 percent, to 810.03. The index surpassed 800 for the first time last week, and reached an all-time high of 810.49 in the previous session.
Overseas, Japan's Nikkei stock average closed up 0.36 percent. At the close, Britain's FTSE 100 was up 0.45 percent, Germany's DAX index added 0.02 percent, and France's CAC-40 fell 0.08 percent.
Published by Joe Bel Bruno, AP Business Writer

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Monday, January 22, 2007

Fast Growing Large Cap Stocks

1.
Las Vegas Sands (LVS) - View IBD Stock Checkup

Composite Rating 99*. Casino and resort operator recently announced the advancement of its Hengqin International Convention and Resort project. Mutual fund ownership has risen to 173 funds from 137 three quarters ago. 3-year EPS growth rate: 111%
2.
Goldman Sachs (GS) - View IBD Stock Checkup

Composite Rating 99. The investment banker is pulling back after recent all-time highs. Its private equity arm recently agreed to buy insurance broker USI Holdings for $993 million. 3-year EPS growth rate: 45%
3.
Infosys Technologies (INFY) - View IBD Stock Checkup

Composite Rating 99. Indian IT services firm’s Q3 earnings jumped 50% to 39 cents a share. Banc of America Securities upgrades stock to buy from neutral. 3-year EPS growth rate: 40%
4.
Wipro Ltd. (WIT) - View IBD Stock Checkup

Composite Rating 99. Indian consulting firm said fiscal third-quarter profit jumped 50% to 12 cents a share. Sales growth rose 49%, the most in eight quarters. 3-year EPS growth rate: 39%
5.
Research In Motion (RIMM) - View IBD Stock Checkup

Composite Rating 98. Mutual fund ownership of the BlackBerry device maker rises to 292 funds from 264 three quarters ago. 3-year EPS growth rate: 115%
6.
Google (GOOG) - View IBD Stock Checkup

Composite Rating 98. Internet search giant will report earnings on Jan. 31. Analysts see profit rising 88% to $2.90 a share. 3-year EPS growth rate: 105%
7.
American Movil (AMX) - View IBD Stock Checkup

Composite Rating 97. Deutsche Securities upgrades Mexican wireless service provider to buy from hold. 3-year EPS growth rate: 115%
8.
Company Vale Do Rio (RIO) - View IBD Stock Checkup

Composite Rating 96. Brazilian mining firm is world’s largest iron ore producer. Owns a return on equity of 52%. 3-year EPS growth rate: 63%
9.
Lehman Brothers (LEH) - View IBD Stock Checkup

Composite Rating 96. Investment banker agreed to buy Australia’s Grange Securities for undisclosed sum. Planning Asian expansion. 3-year EPS growth rate: 27%
10.
Mittal Steel (MT) - View IBD Stock Checkup

Composite Rating 92. Steel producer’s earnings growth rebounded sharply after five quarters of declining growth. 3-year EPS growth rate: 33%
Published by Investor's Business Daily

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Thursday, January 11, 2007

Las Vegas Sands Corp. Announces Advancement of Hengqin Island Master-Plan Development

Las Vegas Sands Corp. (NYSE: LVS - News) announced today that the Office of the Zhuhai Municipal People's Government, People's Republic of China (PRC), has issued an official letter informing the company that the Zhuhai Government has now established a Project Coordination Committee specifically related to the company's proposed development of The Venetian Hengqin International Convention and Resort Project in Zhuhai.
The function of a Project Coordination Committee is to act as the government liaison empowered to work directly with the developer to advance the development of a project. While the formation of a Project Coordination Committee is a positive step forward, the project remains subject to governmental approvals customary for projects of this scale in China.
Statements in this press release, which are not historical facts, are "forward looking" statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Forward- looking statements involve a number of risks, uncertainties or other factors beyond the Company's control, which may cause material differences in actual results, performance or other expectations. These factors include, but are not limited to general economic conditions, competition, new ventures, government regulation, legalization of gaming, interest rates, future terrorist acts, insurance, and other factors detailed in the reports filed by Las Vegas Sands Corp. with the Securities and Exchange Commission.
ABOUT LAS VEGAS SANDS CORP.
Las Vegas Sands Corp. (NYSE: LVS - News) is one of the leading international developers of multi-use integrated resorts.
The Las Vegas, Nevada-based company owns The Venetian Resort Hotel Casino and the Sands Expo and Convention Center in Las Vegas and The Sands Macao in the People's Republic of China (PRC) Special Administrative Region of Macao. The company is currently constructing two additional integrated resorts both scheduled to open in 2007: The Palazzo Resort Hotel Casino in Las Vegas and The Venetian Macao Resort Hotel Casino in Macao.
LVS is also developing the Cotai Strip(TM), a master-planned development of resort casino properties in Macao, and was selected by the Singapore government to build The Marina Bay Sands(TM), an integrated resort scheduled to open in Singapore by the end of 2009. The company is also working with the Zhuhai Municipal People's Government of the PRC to master-plan the development of a leisure resort and convention complex on Hengqin Island in the PRC.

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Tuesday, January 09, 2007

7 Options for Tuesday

Most Under Priced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Legg Mason Jan 100 Calls (NYSE:LM - News). LM's PowerRating is 4.
Most Under Priced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Las Vegas Sands Jan 90 Puts (NYSE:LVS - News). LVS' PowerRating is 5.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Sears Holdings Mar 165 Calls (NASDAQ:SHLD - News). SHLD's PowerRating is 7.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
China Life Insurance Company Jan 55 Calls (NYSE:LFC - News). LFC's PowerRating is 5.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Medarex (NASDAQ:MEDX - News). MEDX's PowerRating is 7.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
Midway Games (NYSE:MWY - News). No PowerRating available due to trading history being less than 200 days.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Eli Lilly and Company (NYSE:LLY - News). LLY's PowerRating is 4.
PowerRatings are courtesy of PowerRatings.net
Published by TradingMarkets Research

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Wednesday, December 20, 2006

Donald Trump's Unhappy Philadelphia Story

Donald Trump had a rough day on Dec. 20. First news hit that the flamboyant chairman of Trump Entertainment Resorts (TRMP) lost out on a bid to build a casino in Pennsylvania. Then investors punished the casino hotel operator's stock. The Pennsylvania Gaming Control Board on Dec. 20 awarded five licenses for operating slot-machine facilities. HSP Gaming, LP can build its SugarHouse Casino along the Delaware River. Philadelphia Entertainment's Foxwoods Casino Philadelphia will be located in South Philadelphia. Majestic Star can operate The PITG Gaming Casino in Pittsburgh. The Mount Airy Casino can be at Paradise Township in the Poconos. And Las Vegas Sands (LVS) now has the right to liven up the former Bethlehem Steel plant in the City of Bethlehem with its The Sands Bethworks Casino. Tad Decker, Chairman of the Gaming Control Board, describes it all as for the greater good of Pennsylvania. "Creating a new industry is a complex and arduous journey, but I can now stand with my fellow Board members and announce to the citizens of Pennsylvania that they are a step closer to significant property tax relief, additional jobs, and a reinvigorated horse-racing industry," he said in a press release Dec. 20. But the Keystone State will have to transform itself into a gambling haven without The Donald. His Atlantic City company's shares sank 13.2% in value to $19.80 per share in late trading on the Nasdaq. Trump Entertainment Resorts' stock price fell faster than other casino companies locked out of the Pennsylvania contest on Dec. 20, such as the Isle of Capri Casinos (ISLE), which shed 6.5% of its value to trade at $26.82 per share on the Nasdaq. Pinnacle Entertainment Inc. (PNK) gave up 2.5% to $34.64 per share on the New York Stock Exchange. Meanwhile Las Vegas Sands' stock held its value at $91.24 per share. Trump Entertainment Resorts' CEO James B. Perry said he was "disappointed" in a press release Dec. 20. But Perry didn't give up hope for his company's business elsewhere. "We continue to pursue opportunities to introduce the Trump brand to other gaming markets both nationally and internationally, and we are very pleased with the ongoing expansion and renovation of our Atlantic City resorts," Perry added. For example, the company is building things like a new hotel tower and pit for the table game Baccarat at the casino the Taj Mahal. It's also renovating the transportation center at Trump Plaza and putting in new restaurants at Trump Marina, among other things.
Source: BusinessWeek.com

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