Cramer made several updated notes on positions he has previously been bullish on in his "Sell Block" segment on CNBC’s MAD MONEY.
Cramer said he is throwing Intercontinental Exchange (ICE) under the bus and into the Sell Block. The terms of the NYBOT merger are too rich compared to the original deal and you’d be a pig notto take some money off the table. He thinks seatholders are going to unload shares and he doesn’t want to own this until after the seatholders sell shares. He still likes NYSE (NYX), which was his #1 growth stock of the year.
Cramer said on Innerworkings (INWK) made a mistake by calling it a buy and he should have said sell it. So he’d rather cut and run instead of putting in more effort toward it. Here is what he said on December 19.
Cramer said Crystallex (KRY) should now be sold because he doesn’t think Hugo Chavez in Venezuela will allow it to make what it deserves.
J.Crew (JCG) is actually one that you can buy into the secondary, and he thinks it’s going up as a Buy. Here is what he said for his positive comments on December 14.
Jon C. Ogg
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