look anything like him. his legs are skinnier than that. >> kathy? >> the movement is what i'm looking for. rebecca? >> buy the mexican peso on dips. enjoy the olympics. >> see you in three weeks. have a great weekend. i'm jim cramer and welcome to my world. you need to get in the game. going out of business and he is nuts. they are nuts. they know nothing. i always like to say there's a bull market somewhere. "mad money," you can't afford to miss it. hey i'm cramer. welcome to "mad money." welcome to kramer rick ka. people make friends, i just want more days like today. my job is not just entertain you but educate and teach. call me at 1-800-743-cnbc. in the wake of a spectacular two-day rally with the dow skyrocketing 188 points -- [ applause ] close above 13,000. ♪ hallelujah

soaring 1.91%. [ applause ] nasdaq flying high, 2.24%. what do we have to look forward to next week? so much positivity and optimism in the air for once, what the heck is going to be our game plan? for starters, i'm looking out for more easing this weekend from china. [ rim shot ] greater clarity on the agreement of all nations of europe to bolster the euro, along with the ailing of verne bond markets. the head of the european central bank said woe save the euro and stop buying yields from poor countries from spiking using any means necessary. and the move will continue until the squabbling begins in and the year of good feeling ends. we do get to make some money minimum. how about the earnings front? all right. let's take a look. i like this company very much. for starters, monday, going to hear from anadarko after the cl

growth story and totally stalled. natural gas done going down, kept hearing that chatter? anadarko said the things, the best place could be apache. why? that reports thursday a good opportunity to pick some up ahead, their product profile is very similar. also on monday, the sound system for some of apple's best products comes from a company called cirrus logic. while they can't talk about apple without the risk of losing that account, their forecast could give us the clue we need to figure out when apple is going to launch the iphone 5 that is the most important piece of the puzzle for this stalled tech stock i think about ready to take off. then masco. houses coming back this kitchen and bath might be ready to work. how powerful is the trend? whirlpool reported a horrible quarter this week, the stock a total champ. housing is the brightest spot in the investment universe and masc so a cheap stock if the news turns out to be as positive as i

expect it to be. tuesday morning, a dispatch from the trenches of high-end retail, coach reports. is luxury spending kaput? that's what we thought before this market, right? should we concerned starbucks told us, people stop spending the month of june and july is no better. has the slowdown in china hurt our high index? coach will let us know. lou frankfurt, honest guy who always tells us straight. terrific number from merck, thing of beauty, sent the stocks soaring, something they have been paying to you wait for with the juicy dividend. next tuesday, we hear from pfizer. we know they got disappointing data from the alzheimer's drug. and i think they will have moves which bring up value, moves paid to wait for because it is an outsized dividend. wednesday morning, the company's stock suffered mighty of late, allergan. strong anti-migraine seams as well as excellent botox numbers, which is why i think it should be bought ahead of the quarter, maybe the stock goes down,

allergan up tuesday. one of the worst-run companies in america start showing signs of new life under new management? that is the question when it comes avon. avp. this will be a terrific time for andrea young -- [ booing ] former ceo to proclaim her work is done and move on from the chairmanship where i secretly believe she is running the company. her horrendous reign can only come to an end if she moves out of the joint entirely. last but not least, on wednesday, time warner, cheap, calling it a stealth housing play, well run, terrific movies, i think it could report to the upside when it reports that one, maybe through 40, okay? get ready for some jim beam on thursday morning. don't drink it thursday morning. it is going to be reporting earnings. the company prints terrific numbers, enjoying how well it holds up. more one upside surprise.

the next is chart industries, not just because gtl is the symbol but because if we keep -- going to keep the natural gas revolution going, we will need more tanks to hold the stuff. you know the chart pretty much owns that franchise. i would like to see the momentum build with new orders, orders from overseas for this domestic fabulous team that could only lead to resurrection of the american manufacturing. thanks to the competitive advantage for natural gas, big upsets surprises. see if they do it again. clorox thursday morning. follow alone by subscribing. because of the largely domestic exposures given terrific security. time for quotes. i hope that ceo donald canst, frequent viewers know him from clorox, i hope he has something up his sleeve and he can announce that thursday, give the stock a little boost. friday, here we go. procter & gamble almost they deliver the upside that colgate

gave us? cut price to take back share. reveal initiative to unlock value? address bill acman's issues and when the company will regain luster? i don't know myself but hopefully issues when proctor reports. listen to the conference call, like going to a really bad game where people are pelting the tomatoes. beyond earnings, two big days next week, wednesday, okay, got, at least in our country, wednesday and friday. wednesday, the federal reserve announces its plans to help boost the economy, if it has a plan. by the way, european central bank meets on thursday. incredibly bullish for a whole in market, not to mention a stable euro, see more rallies like today. friday, big number, nonfarm payrolls comes out f this number is weak, we are going to hear a lot of calls for action by the fed. i don't think the fed can do much at this point. plus, already spoken on wednesday, for heaven's sake. i do not expect a great number.

do you know all these weak numbers have caused selloffs? let's do this rallying into friday because of the european central bank meeting goes well, federal reserve meeting goes well, sell some stock thursday morning. others might anticipate this move, you won't get whacked if job creation continues to be stymied. bottom line, it was just fabulous couple of days. remember, just three really down 100 days. don't get too euphoric. still very much hostage to europe. if the european central bank falters next thursday or lousy employment point next friday, all the points in the world won't stop from giving up the gains we had the last few days. the ones that we need to make it so we can't sleep at night. we want to sleep soundly when this rally parties out and we do, yes, reverse directions. scott, new york, scott. >> caller: boo-yah from the big apple, jim. >> good to have you on the show.

let's go to work. >> caller: my question today is about checker symbol amrn. yesterday this pharmaceutical company received fda approval for a new triglyceride-lowering drug and favorable label. in light of the news, potential market forth drug, positive patent news and buyout of partnership, i would expected the shares to jump today but instead down $2. >> had to do with the label. the label was not as aggressive, the label not as favorable for the company. that's what you need. need wide open, you can use this drug for all uses and they didn't get that. that is why tempered enthusiasm. looks like it is not going to make sales so big. i have to agree, i thought the stock would go up, questionable it didn't go up, i saw the news. i'm giving you what the report has to say about it. rich in my home state of new jersey. rich? >> caller: jim, how are you, boo-yah? >> boo-yah back. >> caller: cliff technology,

qlik, reported earnings yesterday, with cloud this week, held it for a while. what do you think? >> look, this is a company, click technologies, reminds me of a lot of companies that ibm has bought. this is intelligent solutions, what they have done. it has been a very rough ride. and as far as i'm concerned with that stock up 3, that may be a very good chance to ring the register, 'cause it has been a total bow wow. go into the weekend on a high note. there is beautiful optimism in the air. remember, we are still hostage to europe. by the end of the week, we are gonna run into some real resistance. so, why don't we sell some high fliers thursday morning, get the cash ready. go back in after the market falls. [ male announcer ] when a major hospital

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when companies report, you always, always have to look beyond the headline numbers or you won't have a clue what's really going on with the stocks. last night was the best case in point i have seen in ages. we heard from three huge household names, amazon, starbucks and facebook. the surface, all backwards. amazon gave you one of the single biggest misses i have ever seen, wholesale retreat, almost comical in the lack of relation the profitability looking for, gigantic leap backward for the $100 billion company. starbucks, 7% rise, same-store sales, mask european problems. like there is a hope of a turn around after all. facebook, where's billy mays when you needhim? it was an infomercial for the sponsored stories' answer for the desktop-to-mobile migration, so unprepared for you would have thought they were selling oxiclean, something all new, all different. get me vince on the phone. we got to sell some face chop. amazon stock got crushed immediately, as it should have been. facebook, well, at least

instantly, i saw it drop down. facebook hung in there strangely. no one knew what the heck to do with starbucks. amazon reversed instant and headed back pup. why? spending big to build out a nationwide change of warehouses to become the e-commerce backbone of america. the third party customers are satisfied. lower the shipping costs rather dramatically and increase your gross margins. boom park the holy grave. amazon's biggest problem is demand, they got too much of it, building and spending to meet that demand. remarkably, the company's gross margins nevertheless expanding, handling more third party business amazingly lucrative that is how it rocked the stock up 17 points. how about starbucks? closed down almost 500. stock quickly collapsed, the company talked about a big deceleration in sales last month continued into this month. starbucks hit some sort of ball in the united states. it seems somewhat inexplicable,

why the conference call got out of control. including a moment where howard schultz, the ceo, called for a rewinding of the last five minutes of the call, started to sound like starbucks had fallen off a cliff in this country and it continued until july. company didn't see it coming. schultz, while stressing sales only moderated, subsequently used to correct the misimpression it is bye bye starbucks inside of bye-bye starbucks, it was worsen. he said he checked in with other friends and retail, only whole foods had a strong june. people lacked confidence to put down money. he talked about broken confidence. i don't know if people don't have the money for triple venti cappuccino with skim wet, maybe something is wrong. then the nonconference call that was facebook what can i say about facebook in the least the the call all about trying to prove to themselves and maybe to potential customers the darn thing even worked on mobile devices, which is where almost the billion or so people use the

thing or seem to be head. facebook reeling from zynga's blast of the company. what did they do? presented evidence from two gaming clients as well as affinity nfl credit card program it worked. it was a missionary call, how they have to prove to their client their mobile apps are working. they are getting $1 million a day from the new ad initiatives, sham wow, not a lot of money. remember google going to make $44 billion in revenues this fiscal year that is a heck of a lot more revenue than you get from facebook. if you have to do missionary work, not able to make a lot of money off that 365 million in revenue as facebook's shrinking gross margins have to show you have to hire a sales force to make a pitch. wasn't the entire point to invest in a company because the users generate the content and advertisers pay to be near it? in other words, i thought facebook's margins would expand, not decline, more and more people become users. this is definitely not the case. this guy is rookies that make money but all pro at pleadsing the actual users, sometimes that is not simpatico with profits. i don't want to say the facebook

call was disappointing, just weird, other worldlism look at me, we are a start up. you should trust us. don't listen to zynga. they stink. the call made me feel like karl marx was right. what does that tell where you facebook might eventually be going? all in all, a baffling night. you have one company, facebook that used the conference call as a sales pitch, potential news feed, story content on mobile devices, instead of doing what they were supposed to, give you a sense of how the company is doing and might do in the future. starbucks, sales moderately stumbled in june, sounded like a cliff jump. third company, amazon, missed the numbers by a mile but stock

went through the roof anyway because it is taking over the e-commerce world by storm. i don't know, i don't expect to change any same soon. three high-profile companies going in three different directions and seems two are lost but one is definitely found. after the break, i will try to make you more money. coming up, sprinting ahead? after sinking to almost $2 a share, investors have been rooting for this wireless underdog. sending its shares soaring over 100% in just six months. can it go the distance or will it lose its stride? stick around to find out. plus, hold on. this amusement park operator took investors on a wild ride higher after reporting record revenue. is it time to jump in on this great adventure? strap in. cramer's exclusive with six flags ceo is just ahead. all coming up on "mad money."

the best of the best olympic athletes are playing for america in london, cramer never stops playing for you. as always, catch jim at 11 p.m. eastern on cnbc and during the olympics, find "mad money" at 6 p.m. eastern on cnbc world go to "mad money."cnbc.com and use our channel finder to locate it on your local cable system. let the games begin. [ male announcer ] while many automakers are just beginning to dabble

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every friday, i come out here and help you find worthy speculative stories, risky, underappreciated stocks, often trading in the single digits that have the phonetion to deliver, outsize returns. we speculate because it is fun. not so much a factor on a terrific day like today. we do it because speculating can be incredibly lucrative when it's done right. buy. buy. buy. i found you the holy grail of speculation, when you have a single digit minute jet trading up from below $5 a share to above the crucial five buck

threshold. why is $5 so important? why not $4 or $6? simple. most big institutions are not allowed to own stocks that trade for less than $5. when a stock crosses above that level, you get a whole new glass of buyers, all the mutual funds and hedge funds, weren't allowed to own the darn thing when it was lower. when you add more buyers to the mix, guess what supply and demand, stocks tend to go higher. why i think you have to be very interested in sprint nextel. yeah, i know. i have liked it that's all right. sprint nextel here, four and change. ain't missed anything. sprint is about 70 cents away from that $5 line. once it gets over the hump, i see climbing much higher. why am i confident sprint, the perennial third wheel in the u.s. wireless business and a company struggling for years is done going down and now going up? because wednesday night, sprint reported actually a phenomenal quarter, a thing of beauty, these results confirmed that this company's got one of the

greatest comeback stories thought in the market right now happening before your eyes. all right. i know what some of you are thinking. six months ago, the stock was at $2. 2.12. since then, doubled. yesterday alone, sprint surged 68 cents for a 20% gain and up nicely, nicely, nicely again today. wouldn't the prudent thing [ inaudible ] if you don't own it, just say i missed it and moved on? you know me, i have no problem with taking something off the table, playing with house money, one of the greatest things, nobody ever got hurt taking a profits, better than a sharp stick in the eye. at $2 and change when people thought sprint would be headed for bankruptcy, the stock was a trade. now, you know what i think it is an investment, albeit a speculative one. let me tell you y sprint's ingenious and very tall c represent o dan hessy, maybe the hardest working man in the telco business, has an incredible turn around here and the latest quarter, what is driving the turn around? three main problems.

first, late last year, hessy made a deal with apple. see that stock today? get theism phone. now, sprint has the phone people want and it is paying off big time. company sold 1.5 million iphones in the quarter, 40% new customers, new from another chain and much higher percentage than at&t and verizon reeled n second, sprint the only major wireless provider offers unlimited data. this is the hook they need to catch fish, fish willing to pay big fees every month. at&t and verizon will give you unlimited text and talk time but cap your data, which stink furs using a data-hogging smartphone. go over there, charge you an arm and leg. one reason, at&t and verizon saw the gross post paid subscribers shrink in the quarter, sprint added 422,000 subscribe kers and 1.3 across the platform. we are used to verizon and at&t doing better.

third piece of the puzzle, dan hessy is shutting down the nextel network which sprint acquired in the ill-advised deal in 2005. even as nextel subscribers abandoned, sprint had to maintain the network, a big aren't stock went to $2. now they are taking down nextel's antennas, providing subscreeners with faster data service. company should-furnished unwinding next year. sprint has 3 million nextel subscriptions and company working to switch them to sprint. nextel customers went to verizon. hessy has customer marketers, 60% leaving nextel signed one sprint. i heard this almost fell on the floor. thought it would be 25%. these people mostly expensive smartphone contracts. best thing about the move, converting a nextel customer costs $200 less than signing an ordinary customer. how do we know sprint can keep this up?

why do i think this stock is an investment not just in fitp which stands for flash in the pan? for starters, we know the wireless business is fantastic. that's why at&t made a new high today, ver rise reason within striking distance of its highs. unlike the big boys, sprint a pure player on wireless, not a land line play. the problem here has been nextel, which they are shutting, and lack of competitiveness, which seems to have been fixed, courtesy of the iphone and unlimited data plans. after these stellar results, clear sprint is playing in the same league as verizon and at&t which means the single-digit stock is on the. are you sprint's post paid customers they lost in the quarter lowest level ever, down to 1.69%. not a bankrupt company. loews ever. sprint's average revenue per years important metric in the wireless was the best ever, 63.38, only a buck and a half below at&t's and $4 more.

fourth consecutive quarter where estimates were met. the ninth consecutive quarter of additions. sprint increased year-over-year. giving you all the facts, this is an investment for you. in other words, this company improving. the turn around finally got the critical mass needed for sprint to totally blow the most bullish estimates. amazing. beginning with this report, sprint now a ton of cash, generated 209 million of free cash flow for the quarter, retired $1 billion worth of debt maturing next year. people thought that wouldn't happen. i think they will go back to the bond well, get better interest rates, bountiful cash, rates

lower. let's not forget, possibility of sprint tieing with virgin mobile. more competition against at&t and verizon wireless. i think deutsch telecom would like to get the operations that were just left. why would deutsch try to sell to at&t last year? didn't want to do a deal with them h i don't like speculating takeovers, the fundamentals are deteriorating, a combo would be fabulous. finally, sprint is still hated by the analysts. imagine it keeps on delivering like i expect it will, the analyst will be forced to upgrade the stock like ubs, sprint rallies another 24 cents. bottom line, if the incredible quarter sprint reported, no doubt that dan hessy's turn sarntd real deal, congratulations, dan. i think the $4 and change stock is headed north of $5. the big inns institutions will be allowed to bite analysts

upgrade and to quote neil young, long may she run. steve in connecticut. >> caller: how are you? >> not bad, how are you? >> caller: metro pcs eight months, their first quarter awful, stocks 5.50. second quarter better than expe expected, rose 40%. even with the investment right now. what should i do? >> i think that this stock -- unlike sprint, a really good quarter but may not be lasting. here is what i want you to do on monday, i want you to raid the register, that is fine, you break even. that's good. i'm at a pay phone? no, wireless, for heaven's sake. sprint is now superman and superman is going above $5. not too late. you haven't missed anything yet. stay with adam levine lookalike, cramer. coming up, hold on. this amusement park operator took investors on a wild ride higher after reporting record revenue. is it time to jump in on this great adventure?

strap in. cramer's exclusive with six flags ceo is just ahead. 

if is time, the lightning round. are you ready, the lightning round? start with steve in ohio. steve? >> caller: double boo-yah from the buckeye state, jim. >> well done there, my partner. what's up? >> caller: we got a lot of natural gas activity going on here in ohio. how about chesapeake energy? >> utica area is very strong. i think anadarko is going to pour money and that is a better buy, as is apache. 'cause i like the balance sheet. bill in new york? bill? >> caller: boo-yah, jim abortion from beautiful upstate. >> i love upstate. >> caller: my stock is chd, church and dwight. >> look at that stock. it never quits. on a day, a beautiful day like today, the markets are big, not

going to get a big move out of church and dwight, stocks that haven't moved that well, but that is a terrific one. i need to go with tom. >> caller: hey, boo-yah, jim. >> boo-yah. >> caller: first time, long time. >> excellent. >> caller: in february, you gave out magnum hunter resources as speck. i bought it at 752. cost average down to 463. i should i sell? >> no. no. no. it is a speck coming back. there is actually couple guys upgraded this week. but i also tell you that specs can go down a lot. not every spec is a sprint. go to norman in california, please. norman? >> caller: boo-yah, jim. >> boo-yah, norman. >> caller: in the metal detector space, also the medical device space, ticker osis with a tag of only .8 over a people. of 32. what do you think? >> i like it. it does remind me of something

else t is a small cap stock go to joyce in texas. joyce? >> caller: yes, jim, i'm asking you about a particular company called donna herd. >> people didn't like the quarter. i like the guys who run this company, i think a terrific opportunity and ne'er-do-wells, johnson controls are, coming back, dana sherher is a name. i want to own t jerry in california. >> caller: boo-yah, cramer. >> boo-yah. >> caller: company analyst too much of the quarter [ inaudible ] >> i don't know. i have to get the ceo on of magic jack that one is too hard for know understand what the metrics r i hate to punt like that go to scott in new jersey. scott? >> caller: hello, boo-yah to the compass of wall street. >> i like being that true north, right? let's go. >> caller: okay. with the increase in dividends at amikko eagle, is there any hope for them now? >> a quarter not so bad,

cost $600. got more growth than barak. in the end, i'm going to send you to the gld. conservative. i don't mind that name. hey, becky in illinois. becky? >> caller: hi there. big boo-yah to you, jim, from marion, illinois. bob and i are wanting to know about atlantic tower and its dividends. >> a lot of people feel it's dicey. i don't. i do want to own that stock. i like the yield. i out to do a focus piece on t that is one very hot one. and that, ladies and gentlemen, is the conclusion of the lightning round. >> the lightning round is sponsored by td ameritrade. i'm not going until this is right. someone messed with my bell. if that man and spider-man were

stocks, which would be the better buy? how about batman versus the avengers are, the whole team, ironman, captain america, the hulk, thor and the most lethal super hero of them all, scarlett johansson. plenty of boys like dolls and plenty of girls like to play with trucks and action figures. we used to hit each other over the head when my kids were little with trucks. majority of math tell business is aimed at girls, leading play we are fashion dolls, not just bobby but also monster high. i heard the name, i immediately had visions of me in college. ♪ mr. sandman, bring me a dream ♪ >> where are we supposed to do this thing now? several things about chipotle you can the momentum guys only play with stocks, call that argh. they only stick with stocks that have consistent revenue. it's gotten meaner.

but this thing, it is just too expensive right now. shouldn't this be an apples to apples comparison? want to know which ad stock is better, at&t or verizon? what we have to do is chop up the companies into little pieces. a fruit salad of comparisons, then we compare the apple pieces to the orange pieces. so, it isn't exactly apples to alps, it is more like one apple versus half an apple. that makes the comparison easy. at&t is the whole apple. once you slice and dice the companies so you can compare them apples to apples and oranges to oranges and kiwis and pineapple bits that don't match, apples to apples basis, wireless is roughly equivalent. at&t wins. confusing enough? what can we do? doing my best. someone messed with my bell. now i can go. take the privilegd investing tools of wall street

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the second fabulous day in a row, courtesy of yesterday's incredibly bullish comments, angela merkel is agreeing with, let curb the enthusiasm, what

europe gives, europe can take away. that is why you need to go hunting for domestic security stocks, pay big dividends. stocks like six flags. simple six. the domestic theme park company with juicy 4.1% yield. one of the biggest beats of the earnings period it is the largest theme park player on earth, 19 theme parks, water parks and zoological parks, monkeys can jump on your car, filed for bankruptcy? i 2009. now it is posting world class results. court numbers, tuesday morning, six flags reported 63 cent earnings, beats a 64% basis. that is huge. company's revenues came in 6.5% higher than expected, rising 10.7% year-over-year. the stuff they sell you once you're inside, like the food, up 12%. tenants increased by a million guests, 12%, year-over-year. company's deferred revenue, selling season passes, up 22% at the end of the quarter, a great

metric, very solid. six flags core business is doing very well. the company also owns 40% stake in dick clark productions, which is the production company behind everything from the golden globes to the american music awards to so you think you can dance and of course, american bandsta bandstand. management hint it had might sell this business and redistribute the proceeds to shareholders. six flags is paying the 4.1% to wait. let's talk to jim reed anderson, chairman ceo of six flags to find out more about the company. mr. reed anderson, welcome toman "mad money." >> jim, a pleasure to join you. i'm a big fan of your show. >> thank you very much. thank you. i'm a big fan of six flags. been there many times with my kids. i got to ask you, i had always felt there had to have been some problem with six flags, wasn't doing well, wasn't making a lot of money. so co-this have been a managerial thing or a balance sheet thing? you guys are coining money now. >> yeah, it's -- there's a

history of huge debt load that existed for about a decade, jim. you tracked us, you know the history there. i think going through the bankruptcy, we were able to take care of many of those issues and emerging on the new york stock exchange with a new management team, i think we haven't looked back since then. >> very true. i need to ask you, yesterday, i was listening to howard schultz, he is a great businessman, ceo -- built starbucks. he was saying something in this country happened, the crisis of confidence started in june and the people, other than at whole foods, stopped spending, called moderation, but it was pretty clear, it was a desell rachel i look at your numbers, i don't see any deceleration whatsoever in the month of june. >> well, jim, you know, going back for the last two to three years, people have asked me the same question about the economy and whether i feel good about the general economy. i have consistently said really it is very challenged.

our consumers really struggle day to day, high unemployment. it is certainly not easy out there i think what we provide and the reason i think we have done so well is that we provide a value offering for folks. and for something very reasonable, they can spend a day with their family or with their friends creating memories. i think that's what makes us so powerful in this tough economy. >> now, also, it had to have helped you, six flags is often not next to where you are. mine is 82 miles away. i got fill up in my tank. >> right. >> incredibly conscious of the fact i go, this is in jersey, incredibly conscious of how much you spend in gasoline. but that's come down. that has to have helped you, too during the late spring months? >> you know what, jim, we don't find much of an impact when it goes up or down. i think it's quite interesting because when gas was headed over $4, close to $5, we were still getting fairly good attendance, as it came down, we still had fairly good attendance. i think the reality is in this

tough economy, you have spoken before about staycation. >> right. >> people want to be able to drive somewhere. and 80 to 85% of all of our guests live within 100 miles of our park. and for one tank of gas, they can come and visit us and bring their whole family. so it is the perfect day out. >> look, i agree, but kids are grown up, this was a regular thing. i want to ask you, your marketing strategy seems to have changed coming out of bankruptcy, is this your approach and why is it more effective than before? >> it is my approach and the reality is if you look at six flags, again, you have tracked us, so you know there was a focus on creating a global brand, a minidisney, a broad entertainment play. and what i believe is that this company's all about being the best regional theme park player. very focused. and the reality is that whilst i'm happy to have that global brand that we have invested in over ten years, most of our guests want to know about their local park. so we have developed a marketing campaign called go big, go six

flags that's all about visiting your local park. so we show images of the local park, we talk about what's new at the park, we give people the reason to come back to six flags, you know, which over the last few years, they had forgotten about. >> obviously, do it because you have got this pass, which gives you a much better visibility than you have had at six flags, right? >> absolutely, jim. you are so right. we have focused very -- in a very targeted fashion on increasing our season pass sales because we found that, you know, when someone purchases a pass, they visit multiple times. and so whilst, you know, we have found this, it leads to higher sales, not only of the pass itself, but also in the park, people will spend more on food and on retail and other items. >> now, one last question, dick clark asset doesn't seem to be synergistic necessarily, it wouldn't surprise me if something happened to change that ownership stake. >> it certainly is something that could happen. the company itself is managing a

process. we have stated that this is noncore for us. jim, you have commented on the fact that dividends are key. we generate right now on an ltm basis $4 per share free cash flow. we distribute $2.40 of that in dividends. our view is once we funded everything for the business, everything goes back to shareholders. so, you'll see a good focus on that going forward. >> well, you have done a great job and i think it's going to continue to happen. blow away quarter, great company, same rides, much better run. thank you so much, jim reid-anderson, chairman and co of six flags. i followed your company closely. i always wanted it to win, i love going there. >> thank you jim. thank you so much. >> thank you. while the best of the best olympic athletes are playing for america in london, cramer never stops playing for you. catch jim at 11 p.m. on cnbc and

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seconds away "the kudlow report," investors climb on the european band wage even while our economy has broken a wheel. plus, my special guest, newt gingrich, he has got advice for romney, obama, you, me, everyone. you won't want to miss t and we are taking your questions live, your tweets, #asknewt. ask me, too. i'm kudlow. "the kudlow report," just moments away. a week ago, three down 100-point days. all i heard about was desperation, what did people do? they pulled out of the market. no one believed anything good could happen. bingo.