lightning round 1/18/12:
Yandex(YNDX_): "I don't want to go to Russia for an Internet play. I like Google(GOOG_)."
Notice he just says "I like GOOG" and nothing more, the night before it reports. Wonder if that caller sold YNDX and bought GOOG today. I dare someone to call in on GOOG tonight and give Cramer sh**
GOOG @ 52 week high heading into earnings. Curious when Cramer said buy, as GOOG now back at October levels of $580, which is still not so horribly terrible.
But it all depends on when the shares were bought. Results are short of ultra stellar expectations so this selloff is justified. If anything it just creates a buying oportunity tomorrow and as more results weigh in. AAPL is also kinda expensive at $427 52 week high but these are momo stocks highly correlated with the markets. Curious at what price Cramer screamed buy for GOOG, mostly just to watch him if a caller has enough guts to call in and through egg on his face for recommending GOOG. Generally the callers are mostly arrogant with their booyah praising Cramer for making them short term millionaires.
He always says that when his hedge funds friends tell him to...then he plays the beep beep beep back up the truck sound for suckers to believe him...then he waves his arms around like a mentally ill person and screams at the camera..so his friends they can sell sell sell...and screw all the little people dumb enough to listen to Cramer..the nut case.