Jim Cramer Knows What He is Talking About
I always thought Jim Cramer was a nut; he is that guy on CNBC who has his own show where he yells BooYaa all the time, the show is called Mad Money.
I had never watched his show I thought he was too crazy, but last week I was sick and didn’t feel like getting out of bed for about 5 days. That’s one of the disadvantages of being self employed when you get sick you can take off as much time as you like. I wasn’t really that sick, it’s just that being a little stick made me extra lazy.
Anyway, back to Jim Cramer while I was laying in bed I was so bored I started watching his show. At first I thought he was crazy just like I thought.
Then he started talking about how oil prices are up and probably will stay up. I think he is right about this T. Boone Pickens says that will stay up and I think he knows.
So then Cramer says that corn producers can make money making ethanol at $43 a barrel so as long as oil stays above that it will be profitable for them to set up plants to start producing the stuff.
Then he starts talking about a very stable corn growing company that has a very solid business, and is thinking about building a plant to start converting their corn to gas.
If they just keep doing what they are doing their stock will probably go up slightly, and if they start producing gas since they can make it for less than $43 a barrel and sell it for $60 plus they will make some huge money.
I thought about this for a little while then I decided Jim Cramer is not a nut after all. Here is an opportunity with a very limited downside and a good upside potential that’s exactly how you make money in the stock market.
I have to go now and do some research on converting corn to ethanol.
I had never watched his show I thought he was too crazy, but last week I was sick and didn’t feel like getting out of bed for about 5 days. That’s one of the disadvantages of being self employed when you get sick you can take off as much time as you like. I wasn’t really that sick, it’s just that being a little stick made me extra lazy.
Anyway, back to Jim Cramer while I was laying in bed I was so bored I started watching his show. At first I thought he was crazy just like I thought.
Then he started talking about how oil prices are up and probably will stay up. I think he is right about this T. Boone Pickens says that will stay up and I think he knows.
So then Cramer says that corn producers can make money making ethanol at $43 a barrel so as long as oil stays above that it will be profitable for them to set up plants to start producing the stuff.
Then he starts talking about a very stable corn growing company that has a very solid business, and is thinking about building a plant to start converting their corn to gas.
If they just keep doing what they are doing their stock will probably go up slightly, and if they start producing gas since they can make it for less than $43 a barrel and sell it for $60 plus they will make some huge money.
I thought about this for a little while then I decided Jim Cramer is not a nut after all. Here is an opportunity with a very limited downside and a good upside potential that’s exactly how you make money in the stock market.
I have to go now and do some research on converting corn to ethanol.
