>> he mentioned delta specifically. i think it continues its rise. >> it's the sense. >> there you go. >> all right. i'm melissa lee, thanks so much fo meantime, "mad money" with jim cramer starts right now. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to save you money. my job isn't just to entertain but to teach you. call me at 1-800-743-cnbc. or tweet me @jimcramer. what stops a sell-off in its tracks? what ended this particular climb

that started on the 2nd and accelerated the close on monday? how come these moves end so differently from how they begin? dow roaring up 181 points today. s&p vaulting up. and nasdaq rising, and we have to fall back on a real trading jeepious to figure this one out. someone you won't see on the squawk boxes any time soon. we have to go to the real source -- leo tolstoy. anna karenna. each unhappy market that's unhappy in its own way, even if leo's work still has relevance. money is flowing in they're all alike, but sell-offs -- each time they're pretty darn different. this one was one that the fed seemed to want to get tough on

and bankers are pumping out stock and hedge funds that are put through the chipper shredder. certainly black to tolstoy, we have to throw some russians into the mix too. plus the declines occurred during a news vacuum. a vacuum that made people feel like things couldn't be good. because the smattering of news we have got since last earnings season was tepid. with the only optimism coming from those who believe in the weather fairy, meaning we had to take the leap of faith about the bad winter weather taking weakness that our kids take about the tooth fairy. what are the ingreedants for a rally cake? first people get real negative real fast. including the archetypal get out now have calls. i know it's wrong to invest in irony, but the scariest get out now call i have heard in a while was uttered after the close of

trading monday and what turned out to be the exact call. it was a wake-up call that panic was upon us. as i always tell you, panic is not a strategy. doing the opposite can be. secondly, managed to peel back the onion yesterday. there were big hedge funds in redemption mode. frantically giving back money or derisking wall street speak for dumping everything. >> sell sell sell sell. >> and getting off margin because of rising volatility. and another fancy term for man, have i been wrong, i'm getting my head handed to me, i'm an idiot, but i'm blaming it on the market, so my clients don't pull out their money. i have had no idea why time warner or cbs was going down. i thought it was the fundamentals. until i found out that the wounded hem funds were selling stocks and they're like wounded

tigers. they can become real man eaters, slaughtering anybody who comes too close. i have another one for you. man eaters of cumain. jim corbett wants me to know that the shareholders not companies were behind the selling of the leaders and the buyers summoned some courage and went back to work. of course short sellers knew about the wounded hedge funds ahead of the news flow and had been shooting against them continually. forcing the wounded tiger stocks down with their short sales. those shorts had to be covered or brought in. way too dangerous to keep betting against the stocks once everyone found out the proximate cause of the decline. they had been waiting for the shelling to subside before coming out of the foxholes to make some bold, bullish calls. this time, i want to commend

jordan row than of steefl who stuck his head out first. he said it was time to buy facebook. considering how much facebook's willy-nilly multibillion dollar acquisitions have scared people, jordan's call was as gutsy as i have seen in my career. when facebook actually closed up monday which was if you recall a truly hideous session, that was the signal he had nailed it. i urge you to read this piece after the fullback, four picks for outperformance. notice earning not sales. yahoo! and netflix, because it's the polar opposite of the get out now nonsense. i have shared many a foxhole with jordan way back when. he's a real grisled veteran which is what you mean in the midst of an artillery barrage of selling. they have embraced them, like facebook which is up 7%.

and someone is sticking his neck out, congratulations jordan. it takes more than that know. i have said over and over again that the initial public offering stunts have to stop flooding the marketplace with their wares. i think that today's busted la quinta's ipo is a wake-up call that the dogs won't eat the merchandise any longer. more on that later. in order to get back to buying the established cloud based companies or at least with some positive cash flow. next up, how about some positive business news. look no further than the much scorned alcoa which came on "mad money" and talked about terms in aerospace and nonresidential construction and trucks. those are all the new movers in any economy, for heaven's sake and klaus kleinfeld said they were trending higher and truck makers take off and it's pow, bears, right in the kisser. we also had some turbulence that had to be settled.

we hear it's business as usual, europe goes higher, so do we. finally it takes a village to make a bottom scenario. you need the fed to do something positive. you can't beat them off with a stick. sure enough, right on cue, 2:00, we find out that they didn't really want us to think that the fed was about to raise short rates, it was all a big mistake. a do-over. they're sorry for any confusion. hey, rookie fed chief, rookie mistakes it happens. bottom line, the unhappy family gets all happy and the people who are panicked are blown out. the sellers feel remorse, so they start buy egg. of course now the chart was saying we were on the verge of blowing up the hundred den berg have to talk about the cups and handles and looks like we're looking at the chart upside down. i once hung a rothco print

upside down before i was warned of of the lack of spots and dots acumen. they live happily ever after in peace, before the war begins again. john in california. john? >> caller: hey, jim, love your show. >> thank you, john. >> caller: jim, a guy lot smarter than me told us about o power a while back. we did our homework, it came out at 23 or so. i just -- i got -- i wondered before i jump in the pool completely what is your opinion of opower? >> i think it's like jumping in the love canal. why would you want to do that? you can own first solar which is a profitable, good company that sells at a low mobile where you get the solar upside rather than opower. opower, no power. vas in florida.

>> caller: cramer, booyah from sunshine state. long-time listener. first time caller. >> perfect. >> caller: we are grateful to you for looking after small investors like us. >> thank you. >> caller: my stock is b.p. with oil spill problems but with the 4.7% dividend, is it a buy, sell or hold? >> i think it is a buy. i think that they've done remarkable things with the dividend. it's so politically incorrect to recommend b.p. that it's like recommending smoking. but you know what? it's kind of like an e-cig rhett. we have to deconstruct the bottom to find the cause but the bulls live happily ever after. up next, la quinta is more than a stop on your vacation now. also, stocks from my budget, my favorite $50 stocks ready for takeoff. buckle up. oh, and these guys too.

buy or sell? hungry for answers. stay tuned. "mad money" will be right back. coming up, fasten your seat belts, cramerica. the countdown of every stocks for every budget continues tonight. what cramer thinks the shares may be the real value. and warning, turn away if you're hungry. the merchandise may be appetizing, but krispy kreme stock has gotten creamed. fallen 30% from the highs. is this your opportunity to take a bite before it rises or does the controversy make it too hot to handle? all coming up on "mad money." >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer, #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc.

miss something? head to madmoney.cnbc.com. gunderman group. gunderman group is growing. getting in a groove. growth is gratifying. goal is to grow. gotta get greater growth. growth? growth.

i just talked to ups. they've got a lot of great ideas. like smart pick ups. they'll only show up when you print a label and it's automatic. we save time and money. time? money? time and money. awesome. awesome! awesome! awesome! awesome! awesome! awesome! awesome! (all) awesome! i love logistics.

the ipo window i think it's closing, thank heavens. that's my conclusion from the weak opening for la quinta, the hotelier which priced its ipo at 17 and went to a dip down. stock opened at $16.75. this after the bankers had already lowered the price range from $18 to $21 before the deal was priced. the disappointing opening speaks volumes. while debt laden is a very well run chain with solid growth, but about the wiltering state of the ipo market. it's finally overwhelmed the entire stock market. with many deals still to come this week, some of which i bet can't be pulled off. and while i think la quinta is a pretty decent buy given the 7% increase in revenue par per available room or rev par, a key

metric for the business and it managed to creep up at the end of the day it's clear that the ipo saturation is now palpable. people often underestimate the negative hold that a large number of ipos flooding the market can have on stocks. first, let's accept that right now we have the equivalent of a carpet bomb of the stock market with the most yield since 2006. inus a push, right. and when you have this much new supply being dumped in the new market it's a curse for all of us. it can cause a sloppy tape as this has, and it's plain abusive as the companies and the bankers rush to flood buyers with more deals. i say abusive. because i think we're at that moment now where the heads are saying to the salespeople, you tell your people they got the good deals earlier and now they have to take the bad ones at the

end of the queue. by the way, these are actual conversations. it's pretty much the unwritten law that many money managers have to eat some losses when the window is about to close, because they've got the game earlier on. we are at the napalm stage for the ipo market. you look back at recent deals that shows you how weak things have gotten. consider the following sorry ipo war stories from coupons.com, which makes digital coupons. traded at $30 when it opened. it's down 29 in the after market. a huge software is a service health care play traded at 39. $80. a ridiculous spike from the pricing. now you can say that cast light like coupon is still above the original price. if you got in on the deal you're still on the block, but how many got in except for the favored few who will now be asked to pay

the piper? check this out. amber road, which i said sounded like a craft beer company but is a software play. it rose on the first day, but has since fallen 11%. up 17% from the pricing. that's about the best of the remaining lot. pay lossty, a human software company is up 13% from the ipo price. q-2 holdings for community bankers is down 8% in the after market. up 7% from where it became public. a cloud-based online degree software name, a cloud based -- you see a pattern, e commerce buyer now down 13% from where the ipo priced. you know what that says? you're a real sucker if you buy the opening trade of a tech ipo. particularly a cloud based one and people have figured this out.

is it any wonder that all the existing cloud computing plays have been hammered here? who has the capital to hold on to the shares, like sales force, all much better, much more seasoned software is a service companies. no fund i know can handle it. and here's the bottom line. i tell you not to buy the ipos in the after market, but buying at the opening has become such a sucker's game means mercifully that the window will soon close and we'll be done with all this new supply. terrible news for those who want to crawl out the window with their banker friends, but great news as demand can start to catch up to all the supply that the bankers have indiscriminately dumped on the stock market. yep, the ipo shelling has caused so much pain in the rest of the market will soon end and all i can say is -- ♪ hallelujah >> stay with cramer. aflac.

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$500 names where i told you about harman. tonight we talk about the great performers. and then friday, best performing $10 and under stocks. we know that a stock share price is nothing about whether it's worth owning but since this is my show i have decided to counterdown -- count down from the most expensive names. when it comes to stocks trading between 50 and 100, right now in this environment of the ones that have done the best i have a clear favorite. i'm talking about spirit airlines. a small $4.2 billion air line with a 57 and change stock. why spirit? i have been a big fan of the airlines as you know. i think what's allowed them to roar since the beginning of 2014 are going to continue to hold true, even as people are being

dragged kicking and screaming. the bulk is controlled by three companies. in the past, this sector was plagued by ruinous competition. told people never to own the airline stocks. fist eight years -- first eight years of the show i said no. thanks to the recent wave of mergers it's a slap happile of garkry and now they like me. and now it's attractive, totally investable. i like american still being my favorite even after the phenomenal run, the best of the era. spirit though is an unusual airline. there's no doubt that this company benefits from all the consolidation in the industry, but spirit itself is not a consolidator. it's not like the major players. no, spirit is a small fast growing airline. while the big three are finding ways to make the passengers pay more, spirit is always been doing the opposite.

see, this company is ultra low cost carriecarrier. it's about charging the lowest prices around and having a hefty profit. usually that works like a charm. right now it has 55 aircraft, but it's growing their fleet aggressively. it has an enormous runway for future growth. no pun intended. we are better than puns here on "mad money." at the moment, the control controls 1.4% of the u.s. market, but spirit's management believes by 2021, they'll have 140 planes. 5% market share in this country. if they can execute on this plan, i believe it can, this stock can go a lot higher. spirit is a player in the new frugality i write about in "get rich carefully." it's less than the other low cost operators like southwest.

or jetblue at $168. don't compare them to the big boys where the average domestic ticket will set you back $224 respectively. even though it offers the cheapest flights around it's very profitable in every single year since the economy peaked. when the business fell off the cliff with the great recession, they were still making money. meanwhile the rest of the industry was hemorrhaging money and where spirit was totally in the black, you have more than a does up domestic -- dozen domestic airline bankruptcies. so the question always comes back to with this company a very simple one. how the heck did they do it? how is spirit been able to consistently make money in the industry that until a year ago was very difficult. even though it charges customers less than the competition?

spirit is the one airline that ran like a business before the others got in the game. the company may have only 55 planes at the moment but they use those planes more efficiently than the competition. keeping them in the air for 13 hours a day, whereas jetblue only flies planes for 12 hours and southwest 11 hours. so they get more flying time per time per day. the company has outfits -- outfitted the planes with more seats than the competition. it's cramped, but 178 seats versus 150 seats for jetblue and the same model. think about it. you have two pilots learning the same amount of fuel, paying the same landing fees but spirit can carry 28 more passengers. true, there's less leg room. how, you get what you pay for. flights are never comfortable anyway. spirit made a bet that cost conscious consumers want to get from a to b as the ceo says, and it's paid off in a big way. dropping more and more customers toward ultra low cost players

like spirit. what else? okay, spirit unbundles everything. meaning if you want to check your baggage or bring on a carry on you have to pay extra for it. the same for buying food and drink on the plane. it has an immaculate balance sheet. $3 million in debt. and in short, spirit airlines it's the best, most disciplined operator in the industry. no wonder when they last reported it blew away the numbers. oh, just two days ago we learned that spirit's traffic from march increased year over year outpacing the 18.1% in capacity. spirit has made a lot of us money. it's right at 149%, since we first got behind it 13 months ago. the stock is still relatively ii inexpen inexpensive. it's roughly the same. and here's the bottom line. the airlines have come back from the dead over the last year with

new found consolidation, all allowing them to raise prices left and right. the low cost carrier in the group with the best business model and the top pick of the strongest stocks in the 50 to 100 cohort. however, it surged higher today. we don't like the chase, so if you want to buy this one try to wait for another market wide pull back. don't worry you're going to get it. the stock was down 3 bucks at one point yesterday. we know that in 2014 this market giving you more than its fair share of one day red tag spirit like sales. larry in massachusetts. larry? >> caller: jim, how you doing tonight? >> real good, partner. how about you? >> caller: well, i'm better for you being in my life. thank you by the way for giving us that list of must listen conference calls. klaus was like a lullaby last night to tell me that everything will be all right. >> boy, he helped ignite this

rally. i mean, this may be the klaus rally. what's up? >> caller: when the analysts pile in, you said it's time to get in. you had a great conversation today, but despite goldman finally waking up to be the seventh out of 13 to rate it a buyer or outperform at what price is it safe to load up the cargo hold with aal? >> you have to be price sensitive. it was down 10% from the high. it'ser t it'ser the -- terrific. listen, they called it the top, but they waited. they didn't get it right. but my thinking is this. this industry is still hated. when i go on the road and i say i like the airlines people do this to me. >> boo! >> as long as they keep doing that we'll keep buying them. let's go to terry in illinois. terry? hey, terry. >> caller: jim, great to talk with you. booyah. >> booyah. >> caller: i've got aap,

advanced auto parts. what do you think, buy, sell or hold? >> it's a buy. i have to tell you, i see a lot of guys downgrading autozone. this always happens, the economy is getting better. hey, listen, the average auto as we know from klaus kleinfeld last night is 11.5 years old. you need maintenance. i like your stock. on a budget in the stock department? i have the $50 range all buckled up for you. tomorrow, we pick the best of the best in the $50 to $10 range. stay with cramer. coming up, krispy kreme stock hasn't been nearly as appetizing as its doughnuts, but is it all about to change? find out right ahead. and later, potential energy. promising finds in one of america's newest oil and gas discoveries have caused magnum hunter resources stock to more than double in the past year. is it the high growth way to

play the energy revolution? all coming up on "mad money." tomorrow, kick off the trading day with "squawk on the street." live from post 9 at the nyse. >> you called it. >> did you? >> yes, you did. it was like mike wallace calling. calling. [ hypnotist ] you are feeling satisfied without standard leather. you are feeling exhilarated with front-wheel drive. you are feeling powerful with a 4-cylinder engine. [ male announcer ] open your eyes... to the 6-cylinder, 8-speed lexus gs. with more standard horsepower than any of its german competitors. this is a wake-up call.

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they look great, but i have to ask you what the heck happened to krispy kreme? i'm getting a bunch of calls about the stock of the doughnut chain. most recently from graham in new york. and because this is the most interactive show in television, we're talking to the ceo himself. but see in last december, it was on fire. the company kept beating the numbers so the hot money from momentum chasing hedge funds and mutual funds poured into the stock. how, when krispy kreme reported at the beginning of december, the company gave disappointing guidance, hence it dropped from $25.55 down to $19 and i think a

lot of the decline was because it was price fortdz perfection and once a company like that stumbles the hot money guys flees faster than you can shout fire in a theater. and they reported a month ago and traffic was disappointed. declining sequentially for first time in three years. and management declined to comment on the quarter to quarter same store sales. i'm left with a big question. is krispy kreme a broken stock, mean it's beaten down too far or a broken company? i still regard it as a terrific brand. it's got 812 shops across 23 countries. overseas expansion is still there. the stock is still giving us a 54% gain since i recommended for speculation back in january of last year. however, the existing stores aren't delivering like they used to. let's check in with jim morgan,

the ceo of krispy kreme. welcome back to "mad money." >> jim, great to be back with you. >> okay, jim, what happened truly in december? because the stock got hit, i think probably excessively. i'm wonder if the stock got ahead of itself or whether something fundamentally has changed at the company? >> you know, the truth is as much as i hate to admit it, i think you nailed it in your comments. later that day if i understand your comments where you thought it was a confusing phone call when we tried to talk about the same store sales. the truth is, we made the answer to the same store sales more complicated. they were good numbers but trying to explain that away i think we hurt ourselves. fundamentally, i couldn't feel better about what's going on within the company. >> now, within the -- within the stores there is a -- kind of a -- more of a volatility than most of the retailers i follow. some stores seem to be doing incredibly well and some stores by your own admission you're not

happy with. how can it be so variable? >> well, that particular -- in particular relates too the new stores. the new 110 model that's allowing us to do a smaller footprint. it's greatly enhanced the economics for ourselves and for our franchisees. we have done eight of those so far, two are beyond anything we ever dreamed. four of them exceeding expectations but two are disappointing. i truly think it's -- i think we might have missed the location just a little bit on one of them and the other one we might have gotten there too early. >> now, you in the conference call beat yourself up on the nondoughnuts. you said you're not happy with the promotions and problems with coffee. have they been resolved? that was from march 12th. have things gotten better? >> as you know, we have 10 or 12 distribution points in the wholesale business. now we're getting our bad coffee and starting off with some testing, we're getting ready to get our ready to drink coffee in

stores and some walmarts and the keurig, i feel better about the coffee. i think that will drive sales in the shops. i'm getting enthused about about the long term future of the beverage side. >> do we have to worry about traffic? i understand -- i haven't seen a sequential decline in three years time. is there something going on that's larger, maybe people are saying, listen, doughnuts aren't as good for me as i thought? is there a reason, a substantive reason why you're having that decline? >> we challenge ourselves on that quite a bit and i think the answer is no. i feel strongly it's no. the last two quarters, particularly last quarter, we were faced some severe weather right on the company store footprints. secondly we are going against some extraordinarily tough comps. going against this quarter, you know, the 6 or 7%, the next quarter 10%, double digits. in spite of the tough weather we had in february, we're still predicting we'll have positive comps for the year. >> talk to me about the -- i like that international expansion story you told us that's going on.

isn't it better frankly to open internationally? i feel like when i talk with you that i see a domino's, a yum, it turns out that the u.s. is fine, but the overseas is crazy about the brand. >> yeah. it's amazing. when we open up over there, regardless of where it is we'll have a queue sometimes for two or three months. the brand carries so magnificently. so the international is going great. but the economics of this for the franchisees of the smaller equipment we're picking up the pace domestically. i think we'll do double digit numbers of stores will grow at the double digit rate domestically and internationally probably for the next several years or longer. >> that's what i wanted to hear. you have answered a lot of viewers' questions. james morgan, chairman and president and ceo of krispy kreme doughnuts. >> thank you. i enjoyed being on with you. >> to me it sounds like an opportunity. we heard there was a misunderstanding, we know there's a possibility that the comps will pick up. the stock is well off the highs.

big buy back that we didn't talk about. i would stay with krispy kreme. i would stay with cramer. gunderman group is a go.

yes! not just a start up. an upstart. gotta get going. gotta be good. good? good. growth is the goal. how do we do that? i talked to ups. they'll help us out. new technology. smart advice. we focus on the business and they take care of the logistics. ups? good going. we get good. that's great. great. great. great. great. great. great. great. great. (all) great! i love logistics. always feels in some ways that he's the underdog. >> like the storybook ceo tale. >> announcer: lightning round is sponsored by td ameritrade.

>> it is time. it is time for the lightning round. i'm cramer, you say the name of the stock. i don't know the calls or the name of the stock ahead of time. i tell you whether to buy or sell. when you hear this sound -- [ buzzer ] -- then the lightning round is over. are you ready, skee-daddy? time for the "lightning round." start with george. in my home state of pennsylvania. george? >> caller: thanks for taking my call. my stock is board walk pipeline. >> no, no reason to own that stock. >> mike in pennsylvania. >> caller: how you doing, jim? a big brady irish booyah to you. >> what's going on? >> caller: i'd like your opinion on psec. >> i don't hit the private equity -- i'm going to say don't buy. not my cup of tea. thomas in new york. thomas? >> caller: yeah, big brooklyn booyah, jim. >> i'll be there tonight.

what's going on? >> caller: awesome. i want to get your thoughts on kinder morgan energy -- >> i like it. it's acting quite poorly and people file like they have to do a restructuring. i think they'll do what's right for the shareholders. i'm a buyer. let's go to matt in california. matt? >> caller: hi, jim. alchemy is up over 7% today. when is it going much higher? >> it's going much higher. someone is going to buy them. it looks like he's got a good schizophrenia drug. let's go to tina in georgia. >> caller: thanks for taking my call. i have been a 12-year listener. first time caller. baxter? >> they're doing it, hold on to it, this is a winner. baxter. karen?

>> caller: hi, jim. thank you for the great market analysis. >> well, thank you. always good to get a thanks from karen now and then. what's up? >> caller: thank you. what do you think of the -- when is a good -- >> i think the time is now. i think that the company is ready to accelerate earnings. they may have accelerated revenue growth next year. i think they're buying back the stock today. let's go to whit in virginia. whit? >> caller: hey, mr. cramer, big booyah. >> i'll take that, what's up? >> caller: i want to know a stock called citigroup. >> yeah. i think citigroup is actually going to surprise you to the positive. i think they'll deliver a great quarter. i'm going to tell you to sell it when they report a great quarter. to samantha in georgia. >> caller: hi, jim. booyah! i'm from atlanta. my dad and i invest in stocks and we found an interesting stock that we want to ask you about. here's my dad.

>> hi, jim, thank you for all you do. the ticker symbol is pbr. >> i've been off the charts on pbr, petro bra brazil. i wish i had been recommending pbr, because that's one ofpy favorites. but i think this pbr brazil is moving up at 15, sell sell sell. let's go to sandra in ohio. sandra? sandra? sandra? hey, how about we go to robert in colorado then. robert? >> caller: okay. i'm sorry? hello? >> may i speak to robert? >> caller: hey, jim this is robert from denver, colorado. >> yes! what's up? >> caller: well, i was calling because the other day you were talking about how you started your hedge fund and you had started with kimberly-clark and heinz. i was wondering what you think

of kimberly-clark? >> right now, they're splitting into a company -- splitting off the division and yields 3%. all i can tell you is that is perfect for me. i like kimberly. i know it's not going to shoot the lights out but i think it's a buy buy buy. that, ladies and gentlemen, is the conclusion of the lightning round. [ buzzer ] >> announcer: the lightning round is sponsored by td ameritrade. coming up, potential energy. with more than 2,500 drilling locations across the country, can magnum hunter tap you into the energy renaissance? ♪ like, really big... then expanded? ♪ or their new product tanked? ♪ or not? what if they embrace new technology instead? ♪ imagine a company's future with the future of trading. company profile. a research tool on thinkorswim. from td ameritrade.

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regular viewers know we're in the midst of a north american oil and gas renaissance. we are sitting on the treasure trove of black gold. and meanwhile, natural gas is showing it's can break out of the multiyear rut. i want to tell you about what might be the hottest turn around play, magnum hunter. $1.56 billion company and in three of my favorite places. for a long time, they were held back by balance sheet issue, execution issues and mild accounting problems but it seems as though they have gotten the house in order. that's allieuing magnum -- allowing magnum hunter to put up some numbers. now they're forecasting 146% production growth for 2014.

magnifice magnificent. although they need to be spending more than they're taking in. no wonder the stock has surged 28%. let's circle back with gary evans, the chairman and ceo and find out more about his company and where it's headed. good to see you again. well, you have proven yourself time and again. it looked like there was nothing to do with magnum hunter, but you got through the accounting screwups and you're way past that. i'm looking at you as the fastest growing small to medium sized independent of all the oil companies in the country. >> this is all about location. when we started off five years ago we were in the marcellus and the bakken and now up the utica has arrived. >> well, let's talk about utica. it seems like you have infrastructure there and it seems like infrastructure that you could bring out some more value in if you had the chance. >> you're so true.

we built 120 miles of pipe and we're moving in pipe that was nothing three years ago. but that infrastructure is so important because this part of the country has none. >> none? >> zero. right. we're first movers in about six counties. we're expecting that pipeline system within three years to have a vcf a day. >> maybe don't sell the -- >> don't sell yet. >> one of things that impressed me, people had good luck in the bakken and the eagle ford. you said that utica is well by well. you know that some companies are disappointed in the utica. >> yes, the place started in northern ohio. it was primarily with chesapeake, moved down to central ohio. we were in the southern ohio area. not because we're that smart i don't think, but we had good marcellus acreage. and then the utica came our way and we have dry utica. we put one of the best wells on,

42 million cubic feet of gas a day. 97% gas, no liquid so it didn't have to be processed. so the big trunk lines love that gas. >> we went to chesapeake where they thought it was oil and it's more gas. >> it didn't have enough pressure for them. >> now let's talk about the idea that you may need to sell some more assets in order to be able to have enough money to fulfill this drilling program or maybe you do need to sell some stocks or bond. when you're putting up the numbers even though the cash flow is great, your eyes some people would say are bigger than are allowed but what's coming out of the ground. >> always had that problem. >> it's done well for people who got in. >> people have to remember i'm a former banker. nine years of banking. i know the finance world pretty well. with respect to asset sales we did about 600 million last year. i already got 130 million

announcing over the next ten days and these are noncore canada, noncore kentucky, so we're really getting homed into the primary acreage. our banks are extending the credit lines so there's a couple million of new liquidity that will fund that. >> no spot secondary. >> no capital risk. >> is it 35,000 an exit rate you'll get this year? >> running about 18, 19 today. all the new wells that have come on, 19,000 barrels a day. we should be at 35,000 barrels by the end of the year. phenomenal growth. >> how is that getting to market? some of the companies we speak to in the per what, they're a little land locked. some in the bakken they're not on the train or they're not on -- not on the pipe. is all of your stuff positioned in utica where it gets to market? >> fortunately because we have the midstream all my pipe is already there. so i have like three wells coming on this weekend --

>> what do you mean this weekend? what piece going to happen if i were there? >> you'll hear gas flowing down pipe. that's what you'll hear. not up in the air. >> right. being used. >> yeah. that's what's different. we actually lay our pipe before we drill our wells. >> you're very different. >> when we complete, we're going into our own system. >> why doesn't everyone do that? >> it's different philosophies. >> now, natural gas has taken a turn in this country. >> it looks great. >> it's just -- you make money at 2. so it's not -- >> the best areas in the country. we have to have 3.6 tcf by november 1. how are we going to get there? it has to come from the marcellus and uticas. nobody is drilling the bakken or drilling the fayetteville. nobody is drilling the hanesville. because they need 5 to $6 gas. so i love 4 to $5 gas because that means our part of the

country will carry that much more of the lion's share of the supply of the us. >> i know new england is starved, new york is starved. >> gulf coast. >> gulf coast. >> today we have two interconnects. by the end of the year we'll have five interconnects to go to other markets. >> okay. it seems like that even since 2012 when we were out at the utica it has really changed. >> it has. bigger wells. more prolific wells. you have a bigger eurs. you spend 10 or $11 million finding 20 bcf of reserve. some of the best stuff in the country. >> amazing store. we were worried -- >> just at the first inning. >> looks like a lot of jobs will be coming to ohio. >> we've made lots of land owners happy. lots onew suvs driving around. >> good for our country. what can i tell you, gary pulled it off. stay with cramer. stay with cram.

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going public tomorrow. that's positive. we want these deals to go away. if they do go away, the market can go higher. i like to say there's always a bull market somewhere. i promise to find it for you. i'm jim cramer. see you tomorrow! "american greed," new-age evangelist lydia cladek says she can awaken minds to untold riches, but her promise of big returns buying up auto loans isn't just mystical -- it's unlawful. >> when these investors are really putting money in lydia's pocket. >> narrator: and even an army sniper can't defend himself against this greedy guru. >> the threat is right there -- wears a little dress, wears a big smile, and that's the threat. >> narrator: and later, south carolina's silver dealer ron wilson is sounding the alarm on the u.s. economy. >> ron predicted, essentially, the end of the world. >> narrator: nearly 8 million investors hear his call and fork