On today's STOP TRADING! segment on CNBC, Jim Cramer issued what he calls a "Dirty Dozen" of stocks to avoid. He made some of these in sub-prime liar-loan companies as well on TheStreet.com. Here is his list that the short sellers are targeting, although Cramer said this isn't his list per se and he actually thinks some of these are well managed. Many of these are up huge today as well:
IndyMac Bancorp. Inc. (NYSE:NDE)
Carterac (NYSE:CHC)
Friedman, Billings, Ramsey Group Inc. (NYSE:FBR)
Fremont General Corp. (NYSE:FMT)
Redwood Trust (NYSE:RWT)
Newcastle Investment Corp. (NYSE:NCT)
American Home Mortgage Investment Corp. (NYSE:AHM)
Gramercy Capital Corp. (NYSE:GKK)
Rait Financial Trust (NYSE:RAS)
Thornburg (NYSE:TMA)
CapitalSource (NYSE:CSE)
There is one missing here, but that's 11 of the 12. Today is the second anniversary of the MAD MONEY show.
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Reader Comments (Page 1 of 1)
3-15-2007 @ 8:26AM
vince said...
wo do you propose Citi replaces Chuck with and why - should Sandy return in the interim? we also have an attorney President running a financial services unit within a major bank and it is a mistake - no risk for the sake of very limited profits!! a percentage return is more important than a actual dollar return to him - how dumb is that.