Stocks discussed Jim Cramer's Stop Trading! TV Segment, Friday May 22
Cramer is surprised that British oil giant BP hasn't made more than a $1.50 move after its CEO indicated the 7% dividend was safe as long as oil stayed at $50. With oil now at $60, Cramer is waiting for the stock to make a bigger move; "It is the cheapest oil stock I follow."
Sell when he say Buy....and Buy when he say sell....NOW YOU SHOULD SELL.....LOL
I don't care what Cramer say. I bought BP stock yesterday because, I look at all the Oil co, charts and one of the good looking charts are RDS.A, PBR,REP and BP, also 2 Canadian Oil co. SU and PCZ. They all have good money flow, when they start to fade, then I will sell them.