Cramer’s “SELL BLOCK” (Jan 18, 2007)

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By Douglas A. McIntyre Updated Published
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On CNBC’s MAD MONEY tonight, Cramer had another "Sell Block" where he reviewed stocks that should maybe be sold.  This is where he follows up on his wins and losses.

On Coldwater Creek (CWTR) he slapped it and said he needs to eat crow on it.  Here was his original tout on it.

On Guess? (GES) he thinks this stock deserved a triple-buy before, but it’s time to take profits.  At $53.95 on October 9, 2006 is where he first started calling it.  If you own it, ring the register.

On XM Satellite (XMSR), the analyst upped it at $30 and cut it at $11; Cramer thought it was a buy before, but it’s time to ring the register….he thinks that there isn’t upside here and the FCC flip-flop means it’s time to ring the register.  Here is what I posted today aboutthe FCC position.

On Interpublic (IPG); Cramer said they barely skipped a beat on losin Wal-Mart but it’s time to sell it and take the 30% gain even if it can go up.

On Deere (DE) Cramer said it was a buy in September, but he thinks it’s time to sell.  It’s been looking secular and deserves the multiple, but they have to beat big-time to go up much over $108.00.

Jon C. Ogg

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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