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 (NDE)
CarterMac (CHC)
Friedman Billings Ramsey Group Inc. (FBR)
Fremont General (FMT)
Redwood Trust (RWT)
New Castle (NCT)
American Home Mortgage (AHM)
Grammercy (GKK)
Rait Financial (RAS)
Thornburg (TMA)
CapitalSource (CSE)
There is one missing here, but that’s 11 of the 12. Today is the second anniversary of the MAD MONEY show.
Jon C. Ogg
March 14, 2007
Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.
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