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tv   Mad Money  NBC  February 21, 2013 3:00am-4:00am EST

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i'm jim cramer. and welcome to my world. welcome to "mad money," welcome to cramerica. other people want to make friends, i'm just trying to save you a little money. my job is not just to entertain you but to educate. so call me at 1-800-743-cnbc. even on days like today where the fed didn't say anything we didn't already know, but people used it as an excuse, an excuse
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to take some profits. dow dipping 44 points, s&p sinking .39%. nasdaq declining .36%.
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bark, a tad worse than its bite? i don't like to fear words made up for the occasion, like fiscal cliff. horror stories, long lines at the airport, and getting away with murder. that is what washington does. wait a second.
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it is all over but the shouting. i read the release, i looked at the conference call. you know, what it was pretty good. some say it was the best. what do i know? i did the homework. didn't people want to buy toll on a pullback? wasn't that theme? seems like a pull-back. don't want to touch that. like the google pull-back nobody wanted. most people don't want to go near the darn thing that up trend has been broken. tom brady, in the super bowl this year.
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home building stock down, what were you thinking? i was thinking, that loser eli manning couldn't get in the playoff this year. no. it was his joke of an older brother. after losing to a couple of rays in the super bowl. >> he might as well play for the lakers.what, i always thought that pink panther didn't have any game. he's playing like that kobe. i am actually concerned about copper. it has been acting lame.
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china may indeed be slowing, i don't like to see the oil index plummet. >> still higher tax occur. i think auto sales could be slowing. the dollar is the strongest it's been in seven months. those are all bad, all right? but let's step back for a second. did anyone really think the rally could keep going up week after week after week after week? did anyone think we could maintain this streak anymore than the amazing hitting streak of joe dimaggio? did we really expect this market to throw nothing but no-hitters?
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oil down the hardest in two months? is that like cal ripken in the end? look, the market has had an amazing run. that would be bad because the late, great marty sly said famously, among so many other terrific admonitions, i hope you did get the chance to watch him when he was on "wall street week." to me, as a gardener, not kidding, a gardener, everyon if am, indeed, a savage, mean, fighting gardener. i like the concept of rain every now and then. i like to believe we could have a garden variety squall and i think this is the beginning of one today. in other words, i think we were due or overdue for a bit of rain. maybe even a thunderstorm. and i include those of you who have no sports knowledge or don't even have espn. i've saw green bay lose a bunch of games this year.
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so why can't the market have another loose session or two? i think the yankees might have more than 70 loser sessions front of them. anyway, he had another murini streak. he did get 16 straight games after that with hits. one game didn't make him a bad player. he was just due, real overdue. here's the bottom line. i believe today was not an important watershed session. there's things going wrong. okay. i think this market is a contender. it isn't going to be not flat on the canvas for long. let's just give it a rest. let it regroup. rope-a-dope, even. i bet it comes back. maybe even pretty darn soon. >> caller: hi, jim. back in september, you suggested a stock, dynavex. two months later, the f.d.a. did not approve its hepatitis b
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vaccine and the stock was cut in half. now, next week, they're coming up for a vote again on this vaccine and i'd like to know what your current opinion is? >> remember, the wall street journal recently mentioned my name for the first time in about five years -- no, i'm just kidding. they mentioned that i got amalin wrong and i got d-vax wrong. and i don't expect much from next week. i do think that the stock got overly down, but i said i got it wrong. i mean, i get things wrong. and i got dbex wrong. but i'm not making a big bet on it. not after i got it so wrong that i have to eat the crow. let's go to pat in new york, please. pat? >> caller: jim, how are you? >> not bad, houpd are you? >> caller: i'm doing well. doing well. jim, in light of the growing number of threats and the recent exposure to a cyber espionage yunt in china, posing threats not only to our government, but
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the global economy, do you feel that source fire is a good play in the market? >> i am concerned that these are high-flying stocks that when they make mistakes get crushed. i do believe in the thesis, but i feel like i've played the thesis a lot and i don't want to go overboard. for instance, i like flir, f-l-i-r. if i owned that one, i would ring the register. let's go to tom in new york. please, tom? >> caller: booyah, mr. cramer. potsburg, new york. >> oh, man, b-52, what's going on? 2. >> caller: hey, just trying to survive the winter. >> yeah. >> caller: listen, thank you for all you do. i'm a new investor. i'm a small ip ves tor. i've made a little bit of money in the last six weeks, but i'm really scared about this sequestration. should i show my positions by the 28th of february and maybe just sit on the sideline and let
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it ride out? >> i am never going to try to talk someone into a market where they don't have the conviction to be able to stay in. i do believe that if that's the way you feel -- remember, we had the fiscal cliff. it turned out to be a buying opportunity. if you want to do that, you should sell beforehand and then buy it back. but i am not going to count anyone staying in if they have great fear because you have to know yourself. i am not going to take that kind of action from my childhood trugs. but you have to know yourself. this market, don't write it off. i think it can still be a contender. it got hammered today. i respect that. ""mad money" will be right back after the break. >> announcer: tonight, cramer is drilling down to find the companies fuelling america's oil and gas renaissance. could magnum hunter resources help power your portfolio? stick around for jim's exclusive
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with its c.e.o. and later, use the news? the market's caught a case of m&a fever. and all the takeover chatter is driving some stocks sky high. cramer sorts out where the real opportunity could lie just ahead. plus, lost at sea? shares of nordic american tanker are down 40% in the last year. is its recent dividend cut a warning of more rough seas ahead? or a commitment to get back on course? cramer talks to its c.e.o. all coming up on "mad money." >> announcer: don't miss a second of "mad money." follow cramer on twitter. send jim an e-mail to "mad money" at cnbc.com. or give us a call at 1-800-743-cnbc.
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miss something? head to madmoneycnbc.com. oh dear, i got a flat tire. hmmm. uh... yeah, can you find a take where it's a bit more dramatic on that last line, yeah? yeah i got it right here. someone help me!!! i have a flat tire!!! well it's good... good for me. what do you think? geico. fifteen minutes could save you fifteen percent or more on car insurance. the rid-x septic subscriber program helps prevent backups by sending you monthly doses right to your door so you will never forget to maintain your system. sign up at rid-x.com. want to know what i did in the last five hours? i disproved the theory of relativity. i mastered origami while beating the record for hacky sack.
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stick it to eliminate odors anywhere. new febreze stick & refresh. breathe happy. how the heck are you supposed to find bargains in a market like this one? markets where the averages seem almost unstoppable, until today. even when they take a breather on days like today, the pull backs are minimal.
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this is not a buy back on century21 where everything is dirt cheap. so how do we go bargain hunting in this type of environment? well, i could say we look for losers. stocks that have been absolutely hammered. and stocks that have the ability to turn themselves around and make themselves into winners over time. take mack numb hunter, m-h-r. it's actually a small oil and gas exploration and production outfit. magnum hunter is only for speculations. it says the market cap is roughly 6$650 million. that's very small. if you're willing to take the risk, the company has asset ins areas that we talk about all of the time here in north dakota. that said, this stock has truly been put through the meat grinder. we last spoke to magnum hunter a little over a year ago.
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if you bought it then, i know many of you are not that happy since it's fallen 60%. it's fallen 40% since then. what went wrong? the company shut a bunch of natural gas wells because there wasn't enough processing capacity. at least nearby. magnum hunter did a big secondary offering and they missed the numbers when they reported their most recent quarter in november. to the point where it gets 63% of its production from oil and liquids. it's up 137% in the last quarter. the company doubled its reserves over the course of 2012. this stock could maybe even bounce back with a vengeance. it could bring as much as $750 million. they plan to do a joint venture which we could hear about any day now.
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so there are some worries here. i did a long introduction. i wanted you to know how i feel about the people that feel that they're angry at me because they bought the company on -- there's a lot to look forward to. management has a bunch of plans to unlock them. let's check in with gary evans. find out more about where his company is headed. welcome back, sir. >> caller: thank you, jim. >> there's a piece of research that came out from ups. it says time to harvest multiple asset mono monoteization. it's increased dramatically even though the stock has decreased dramatically. >> that's exactly right. we've been saying all along that the sum of the parts is much greater than where the company stock is trading today. so what do we do to change that?
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we've made a decision to invest in one of our most mature divisions. the eagle vision. only 26,000 acres, but we have some of the best wells in the whole play. that is one of the properties that we've been marketing and we're going to divest that asset and redivest and deploy in another place. >> so what happens? there are a bunch of things that some were not under your control. i know natural gas prices went down. but throughout this process, you've been growing your production which is what i want to see. >> we started last year at under 10,000 barrels a day and ended at 18,500. so all we can do is continue harvesting what we have. we are extremely excited about the new utica play. we'll probably drill at least five wells there.
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we see that as a real catalyst as well as reducing some debt. there's some concern that we have too much debt. i don't think so. i think we're well capitalized. but the market wants to see lower leverage and growth and we're going to continue to do that. this is not a short term play. we're in this business for the long term. >> look, i'm mystified. i know viewers are angry at me. there was a speculative and you delivered. now, you had your first well in the new acres in mid january, 2013. so there could be good news in that front. >> well, wilson basin is a real focal point for us in 2013. we've been drilling wells all over this county which is, i think, in the past, been viewed oh, you're a little bit out of the fairway. now we get out of the big boys
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all the way around. we're having wells now with ultimate recoveries, 500-750,000 barrels. that's a pretty exciting place. we've drilled enough wells, we can focus in on those sweet spots and get the highest rates of return. you mentioned earlier in the show that the gas plant was a big issue for us. we had this plant that we commissioned with mark west hydrocarbons. that plant went live finally on december 17th. that was about a buck forty uplift. it makes our marcellis wells which are 25% liquids rich have eurs in the 60%-70% gas range. >> at the same time, when we were visiting chesapeake, they thought there was a lot more oil in utica.
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it turned out to have a lot more natural gas. can utica be a disappointment for you as some would say it was for chesapeake? >> i don't think so. it's more of a north-south play than it is east west. as you go further east, you're going to have high volume and dry gas wells. >> it is very much a liquids place. we're expecting 40-60% liquids, the rest being natural gas. >> ohio is a big state. that is not that close to where we were. i have not seen a lot of deals with big, foreign companies being here. are foreign companies still interested in buying large tracks of land in the united states.
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>> i don't think there's any doubt in the world in the areas that we've been talking to they want to learn our technology. and i do think they've gotten a lot smarter. a number of them have blunted their sword with investments they've made in the yiesz. so i think there's plenty of opportunities for us to bring in those kind of investors, if we so wanted. you've got to remember, though, they're going to be in your offices and looking down your neck. >> well, look, gary evans, chairman-c.e.o. of magnum hunter resources. i like to know what's going on. you're a gent to come and fill us in. thank you. >> you've now heard, from people, it's kind of like, if you think about it, you've got to admit it's attractive.
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gary evans came on, he gave you the story and now you have the current information. gary evans, chairman-c.e.o. of magnum hunter resources. >> announcer: all of the takeover chatter is driving some stocks sky high. but don't pile in behind the headlines. cramer sorts out where the real opportunity could lie just ahead. ays. ♪ everybody got two t-shirts as well, a short sleeved and a sleeveless one. which would they wear on day five? ♪ sleeveless. definitely sleeveless. ♪ what? i just like the t-shirt. [ female announcer ] for visibly softer, smoother underarms, sleeveless ready in just five days. dove go sleeveless deodorant. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age.
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don't you get suckered in. that's how i feel about this takeover. it's only a foot away from being a frothy market. evaluationings are still low enough in the stock market that there's room for more deals than we've already had. take today. we woke up to a swedish financial tabloid report that joy global might be in the cross hairs of scandanavian giant, atlas cosco. i recognize it's one of the premier mining equipment companies in the world. but let's not forget how this company has acknowledged that there's weakness in the united states. that china is only gradually picking up.
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that said, joy global does have a fabulously installed base. it says terrific service revenue, annuity street. i just don't think you should chase it here. if it turns out not to be true, i think it should be points. low 60s. how about bmu capital. kohls could be a buy out target. look, i like to shop at kohls. i go to the shirts constantly otherwise you think i'm sick. it's got engrained in my collars. what? you think i looked this good naturally? and kohls are an inexpensive shirt. by the way, it's my go-to place for socks, wearing them right now, as a matter of fact. and as a terrific slacks franchise.
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i've also bought a lot of kitchen goods there. is this really the right time for a department store? is this really the moment where you could see kohls 30% higher than the stocks are right now? the last part is okay. but you can get hurt by it from here if nothing happens. so i've got to tell you to pass on that opportunity. finally, there's the off-rumored best buy take out. yet, the minneapolis star tribune says a deal -- i mean, they're flogging this story. it is still on the table. terrific. it's been on the table for nearly seven multipoints now. although the stock did dip well below these levels. let's think about it. would the minneapolis star tribune really know what's going on here? would anyone? is there something behind a thesis? does the swedish tabloid really
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have the inside track on cosco's next big move? call me skeptical. i can't count on these being any stocks on the takeover basis. really, in this far in 2013. i just think there's too much mongering and too few facts for my taste. please, don't get taken in by them. let's go to randy in vermont, please. randy? >> caller: hi, jim, thanks for taking my call. >> what eegs going on? >> caller: my question is about staples, spls. i bought it a couple years ago, it had a good dividend yield and i really liked their local store. since then, i've purchased a little bit more to remain in core position. yesterday, this was a low-beta stock. yesterday, it had a 10% -- i'm
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sorry, a 12% game in pin action and today, lost 7%. i'm just wonterring, jim, your thoughts on staples? >> i'm now giving you two ways to win. >> there's also chatter. if staples could do a leverage buyout. now, at this point, in the small business formation, i think this is one down and 2 1/2 to 3 up. and that's a ratio that i want to participate in. john in california, john? >> booyah, jim, from sacramento, california. >> oh, man, three rivers intersection. booyah to you. what's up? >> i'm a warren buffet groupie and i'm wondering what the acquisition of heinz, what's going to happen with all of this talk about insider stuff.
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>> look, warren buffet, i was embarrassed to read these stories. >> warren buffet is the best it's ever been and probably the best it ever will be. i think the stock is terrific and i've liked it now. i'm not backing away and you shouldn't either. don't get caught up. the m&a hype is encouraging, but i'd silt out the speculation. i'd rather buy the socks at kohls then boy the stocks of kohls. don't move, we'll be right back. and lunesta®(eszopiclone) can help you get there. like it has for so many people before. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving, or engaging in other activities while asleep, without remembering it the next day, have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggressiveness,
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it is time for the lightning round. >> sell, sell, sell. >> so play this out and then the lightning round is over. are you ready for the lightning round? we start with dave in mississippi. dave? >> caller: hey, jim. my stock tonight is u.s. airways. >> i've been waiting for a pullback. i've been waiting for a pullback on this because this group has gotten hot. you're getting the pullback, i'd pull the trigger. bill in arkansas, please, bill? >> caller: boo-yah from the land of opportunity, advance auto parts. >> okay. i like advanced auto parts and i would be a buyer of it. let's go to keith in georgia, please. keith?
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>> caller: hey, jim, a big low country savannah, georgia, boo-yah to ya. >> wow. what's up? >> caller: i've been looking at coach, do you think it's time to buy on the recent weakness? >> i can't tell you to sell it. it's down too much. maybe buy some and when the yield gets to three, buy the rest. let's use that as a strategy. let's go to fred in montana. fred? >> caller: hey, coach cramer. >> what's up? >> caller: how do we set a projection for zts or other ipos? we really thank you for your help. >> okay. thank you. this is a better ipo than most, the animal health spinoff of pfizer, another one i wanted to wait for a pullback, i'm not going to back away. i'd be a buyer of zoetis. gavin in washington. >> caller: this is gavin, how's it going? >> all right. how about you there, gavin? >> caller: good. my question to you is it a good buy since -- >> no, no, and we don't want to touch that group. we don't like the gold, we don't like the silver, and miners, we don't want them.
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if you want it, buy the gld. alex? >> caller: boo-yah, jim. >> boo-yah, alex. >> caller: atwood oceanics. >> no, i don't want to get into this one until it comes down more. if i want to get into one that's high, i would do core labs at 130. let's go to janet in new jersey. janet? >> caller: jim, how are you? >> all right. how about you? >> caller: good, neighbor. >> oh. excellent. go ahead. >> caller: i want your opinion -- i want your thoughts on excelon. >> they are too poorly run. i had aep on yesterday, they're a much better buy and i don't know that they're doing well and i don't like dividend cutters. judy in missouri. judy? >> caller: yes, jim, hi. >> hi. >> caller: jim, i'm calling on priceline. if you could -- >> i like price line.
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i like priceline. home away reported a really good number of tonight. i do believe in this group. but remember, people are going to say, listen, we're in a selloff and they're going to come for these high-dollar stocks first. what you want to do is be wary and let it come in before you buy any. but i would not panic out. and let's go to john in massachusetts. john? >> caller: hey, jim, big boo-yah from massachusetts. my stock is opko. >> we know it's a speculative stock, you take a quarter of the position off, otherwise, let's let it ride. i do believe that opko is going to be a big stock in 2013. and that, ladies and gentlemen, is the conclusion of the "lightning round." >> the "lightning round" is sponsored by td ameritrade. coming up -- lost at sea? shares of nordic american tanker are down 40% in the past year. is its recent dividend cut a warning of more rough seas ahead?
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or a commitment to get its business back on course? cramer talks to its ceo. [ coughs ] [ angry gibberish ] [ justin ] mulligan sir. mulligan. take a mulligan. i took something for my sinuses, but i still have this cough. [ male announcer ] truth is, a lot of sinus products don't treat cough. they don't? [ male announcer ] nope, but alka seltzer plus severe sinus does it treats your worst sinus symptoms, plus that annoying cough. [ angry gibberish ] [ fake coughs ] sorry that was my fault sir. [ male announcer ] alka seltzer plus severe sinus. [ breathes deeply ] ♪ oh, what a relief it is! [ male announcer ] try alka seltzer plus severe sinus day and night for complete relief from your worst sinus symptoms. he opened up jake's very private world. at first, jake's family thought they saved ziggy, but his connection with jake has been a lifesaver. for a love this strong, his family only feeds him iams.
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when you're looking for new places to live, you don't buy the best house in a bad neighborhood. and that same logic has been holding true for stocks. consider the case of nordic american tankers, n.a.t., it is the best tanker company in the industry, terrific management, the cleanest balance sheet in the business. but the oil tanker business itself has been terrible for years now because of a massive
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oversupply of ships that have been keeping day rates down for everyone in the space and day rates of the key metric. sure enough, nordic american has been hammered. they had to cut the dividend by more than 46%, more since it started 1997. but, you know, they -- they had to pay the dividend out of cash on hand. and in response, the stock's holding off 5% in a single day. down huge from $25 two years ago. but maybe, maybe nordic american's hit rock bottom. the stock spurred, with the chinese economy coming back, that term might be closer than it seems. and you know what? maybe the worst has already happened as they practically cut the dividend in half. perhaps this is -- let's say the dark is before the dawn moment or is another dividend cut going to happen? that's why we've got to talk to the founder, chairman, and ceo of nordic tankers. welcome to the show. >> thank you for inviting me.
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>> have a seat. >> thank you. >> we have a big glut of oil in this country. >> yep. >> i'm sure at one time you had to bring a lot of oil here. >> yes. >> but now we produce a lot of oil. >> yep. >> how much has that hurt the business? and can china, which we think is coming back offset it? >> china is offsetting it as we speak. we in our business we have 15% of our ships in america. the essential dimension in a tanker business is miles. where the oil is produced and where it's consumed. and we see a lot of oil going from at least china to west africa to china. and that more than outweighs the reduced import into the united states. >> okay. at what point -- >> i had the positive outlook now. >> okay. at the same time, you had to cut the dividend, the stock has not done well, the group has not done well. your stock is part of a group.
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at what point -- you've got some numbers in your release about how maybe there's not going to be as many ships being made, but at what point do you have to say, look, our business is going to be bad for the duration, it's not coming together. >> it is coming together now. i have personally invested many, many millions in the company. >> oh. >> and recently, and that shows that i -- i put the money where the mouth is, you know. >> you had to cut the dividend. >> yes, but that is a kind of allocation in the direction of new buildings. >> okay. >> we wish to expand and instead of giving the money back to shareholders, we will buy new ships and increase capacity. >> but you have been buying ships all the way down. >> yeah, well -- >> wouldn't it have been better if you just conserved the cash or given it back to shareholders. rather than buy them all the way down because we don't seem to know where the bottom is. >> well, i believe we're at the
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bottom. >> you do. >> as we speak. and i'll give you an example. >> please, please. >> during the last 13 years, nine years have showed rates in excess of $30,000 a day. >> okay. >> when we have $30,000 a day, the dividend will be between $2 and $3. >> absolutely. >> which is 28% increase. and we are in an excellent position -- >> you've got -- i'm quoting from you, the current order book stands at a total, 54 vessels. they're still making them. >> yeah, 54 vessels. what's that. if there is 1 million barrels of oil increased in saudi arabia going to china, all these 54 vessels are absorbed. >> they just cut the saudis, they cut the production. >> that is the short-term aberration. >> okay. >> but look at the transportation sector, which is the biggest one. eight years ago, in china, 3.9 million. and now they are at 15.4 million.
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in china, they have a car density of 85 cars per thousand. >> and they're getting -- >> and they are getting there. and in china they consume two barrels of oil per person per year. here, you -- consume 26 barrels of oil. their potential in the far east is much larger than people think. >> but there's the other guys are still in it. why haven't they -- and some guys have gone under. >> a lot of them have. >> right. but there's still -- what day does the marginal carrier go under -- you get to go to 15,000 a day? >> but i -- i can tell you, jim. >> okay. >> today i can buy a new ship from the yard sitting at the yard at $52 million, $53 million. four years ago it was more than $100 million. so an asset costing more than $100 million.
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a few years ago, we can now buy it $50 million. and that shows the colossal upside we have. and i'm not satisfied with the stock price. >> no, i know you're not. look, you are a good man. you come on the show, obviously the stock's been bad, but, you know, you're sticking by your conviction. >> yes. >> i want to have that last ship be built, no more ships built, ships starting to be scrapped more aggressively and then you're still not in the seat. >> you see next year, will be the first year when the fleet is shrinking. >> okay. >> and that can be a turning point. >> all right. >> you have the expression inflexion point, you know, i believe. and that is why i have invested so much personally. and when -- i'm not saying if, when the market comes back, our shareholders will make tons of money. >> and i'm absolutely convinced of that. but it's got to come back first.
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>> you never know as you said in the introduction, it's always darkest before dawn. >> you're a patient man and honest man to come on, but it's been early. >> well, we'll see. >> okay. >> we'll see. >> that's the founder and chairman of nordic american tanker. comes on the show, stock's been tough, but you've got to respect his view. he's in the business for -- well, you're in the business for a very long time. >> 40 years. >> there you go. "mad money's" back after the break. thank you, herb. >> thank you. coming up -- you plan, you play, you try to be perfect. can your strategy stand up to cramer's test? call, e-mail or tweet @jimcramer to find out if your portfolio has what it takes in "am i diversified." [ male announcer ] have you heard? herbal essences smooth and shine collections are back and more irresistible than ever. mmm... [ ding ] [ moaning ] [ male announcer ] with herbal botanicals of rose hips and chamomile. and with no silicone or sulfates, you'll fall in love with your hair... yes! yes! yes!
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hey, the market's full of pitfalls. i think you can avoid them or at least lessen them if you know what to look out for. for example, it's easy to get caught up in the rumors surrounding the next big takeover candidate. we talked about that earlier in the show. you're so sure you found the next hot stock. you want to throw everything you have at it, a whole bunch of, but then rumors and all of those steaming hot stocks don't pan out. things fall through and you're left in -- >> the house of pain. >> and that's why each week we play am i diversified. you call me, tweet me, tell me your top five holdings. i'll tell you if you're diversified. maybe you need to mix it up a little. down 100 days are the best days to play this game. let's go to a twitter -- you
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know, the tweet thing. he says, hi, jim, i am new to your show, been watching for about a month now, am i diversified. bank of america, bristol-myers, ford, lng, and toll brothers tol, all right. so let's take a look at this one, ecigs2quit. i just like to say that because it's completely nonsensical to me. toll brothers housing company, reported good number. lng, they're going to be the first exporter of natural gas in this country and i think that you can say that's a bit of a speck. bristol-myers, charitable trust name, one of the best drug companies around, bank of america, financial ford motor, of course, the auto company. we've got auto, liquefied natural gas, housing, drug, and we have bank. that is perfection. ecigs2quit. maybe a more traditional name in here. donna in georgia. donna. >> caller: boo-yah, jim. gosh, i'm thrilled to talk to
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ya. >> same. what's going on? >> caller: i'm in italy, i'm a student currently of the executive mba program at georgia state university. >> way to go. >> caller: class of 2014, baby. i've got a lot of great professors, but none of them are as handsome as you are. >> really? what kind of faculty you got down there? >> caller: i'm telling ya. so, i need your help professor, i'd like to know if i'm diversified. >> okay. >> caller: my stocks are valero energy vlo. cvs caremark. triangle capital corporation, tcab, qualcomm incorporated, qcom, and lastly consolidated edison ed. >> let me go to work, thank you for the fine comments. for a moment, there, i'm looking okay. someone tweeted @jimcramer and said i looked sick today. you know, i read these things.
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i should not pay any attention to it. let's go to work here. we have a specialty finance company. there's a lot of those companies like that. i like them, we tend have to good yields, good upside. a drugstore company, pure tech name, remember, behind all the 4g. the best refiner in america and con-ed utility, refiner, tech, drugstore, finance. perfect, they teach them well at georgia state. cheryl in florida. cheryl? >> caller: cramer, it's cheryl, palm beach gardens, how are you doing? >> not bad, how are you? >> caller: i'm great, i'm great. i've followed your lead and every one of my stocks is dividend stocks. >> all right. >> caller: general electric, ge, at&t, petmed express. >> okay. >> caller: and altria, and intel, well, intl. >> well, sunshine, i like this
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portfolio very much. i do like that yield aspect because altria one of the best presentations this week. terrific, terrific deal. maybe you don't like to smoke, whatever. good yield intel, att fine-yielding telco company. and i think that windstream is not where i want to be in terms of high-yielding companies. ge, company that can boost the dividend and pets med a little more speculative. we've got a health care -- health care company. we have a semiconductor, a telco, a tobacco and we have a general industrial company and, again, we're 3 for 3. stay with cramer.
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what did i do with my last fii was a dietician..... a housekeeper... a pediatrician... yeah, that was a third degree booboo a housekeeper... a sanitation engineer... a housekeeper... good thing i had 5-hour energy to keep me going. what will you do with your next five hours?
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>> okay. we're back in that vortex where we're going to hear a lot of negative stories coming out of washington about job losses, about things going wrong. and it is going to frighten people, and they are going to do some selling. beware that plus the federal reserve notes caused a lot of the weakness today, but i'm telling you to stay the course. i like to say there's always a

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