CELG (CELGENE CORPORATION )
'Gene Mapping'
"Cramer's always trying to make you moolah off of everything. There's pin action everywhere you look.
You problem heard a lot about this Harvard, Goldman, Merrill insider
trading scheme. You know the three young guys - very low lever
positions - making millions before they got caught.
You probably didn't think it could make you any money. Do not
underestimate Cramer. He's got ideas on how to make you some
serious cash from insider trading.
What I mean is, I can try to make you money off of this specific
insider trading scandal. In the complaint, it alleges that the
guy from Merrill leaked confidential information about Celgene (CELG),
including the fact that 'Celgene was the target of a takeover!'
The fact that these guys, who allegedly had an inside angle, thought
that CELG was going to be taken over - that leads to some big questions.
Was the company in talks to sell itself? Who was doing the
talks? Who wanted to buy them? Won't that acquirer want to
come back now that the situation in CELG is even better, but because
the group has sold off, creating an opportunity?
I don't know the answers to these questions. I suspect the
answer, though, to the last question is 'yes.' They could
come back with a 'mon-back.
In Jim Cramer's book, Jim Cramer's Real Money: sane investing in an
insane world, we never ever speculate on takeovers unless they have
strong fundamentals.
I usually tell you not to speculate on takeovers, but the situation with CELG is different.
The bottom line!: thank you justice dept. For making CELG a triple buy!."
FROM TUESDAY NIGHT'S (5/2/2006) SHOW:
Lightning Round
Tooling Around
Gene Mapping
Cable Ready
FROM
MONDAY NIGHT'S (5/1/2006) SHOW:
Lightning Round
Old
Train Reaction
King Corn
Viewer Call-in
(non-lightning round segment)
