Cramer’s Sell Block (May 10, 2007)

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By Douglas A. McIntyre Updated Published
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On tonight’s Sell Block on CNBC’s MAD MONEY, Jim Cramer reviewed many of his picks you need to sell:

He said the CEO of Syntax-Brillian (BRLC) is one he doesn’t trust and he’s against the stock right now.  If you read my own commentary regularly then this may sound familiar after I said they can’t be trusted.

HealthSouth (HLS) is one where Cramer is no longer on the fence and you have to sell it.  The debt credit spreads are bad.

Because of the potential backlash on drug stocks, he wants to take the 16% gain on Novo Nordisk (NVO).

He wants to stick with McDermott (MDR) at $75, Foster Wheeler (FWLT) sell at $100, Fluor (FLR) at $115.

Dynegy (DYN) is being run well and he doesn’t think it needs to go down.

Cisco Sytems (CSCO) is one he liked repeatedly and he thought it would go up and it didn’t; But Cramer said he is not going negative and he is saying to not sell it.  He would be a buyer if you haven’t bought.  As a reminder this was Cramer’s #3 Top Growth Pick for 2007.

Jon C. Ogg
May 10, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

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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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