Jim Cramer’s Mad Mail
Bruce from Texas writes, “The Sirius Satellite (SIRI) & XM Satellite (XMSR) merger, will it go through in some form or another? Are you still a player on this merger?” Cramer said the merger will get done, but he doesn’t like the common stocks. However, he said Sirius is a decent speculative play. Todd from California writes, “I give up. When Wachovia (WB) missed earnings estimates by a ridiculous margin and their stock went up, and XTO Energy (XTO) who beat estimates, went down. What’s going on here? My head is going to explode. A head spinning, mind-boggling booyah to yah!” Cramer said own some of both stocks, so if you’re getting hurt in one you will make money in the other. Join the fastest growing community of small cap investors at Stockhideout.com



August 15th, 2008 at 12:42 am
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