Cramer started Thursday’s Mad Mail segment by urging anyone who bought the Fortinet [ FTNT 15.90
+0.00 (+0.00%) ] IPO to take profits.
Hey, Booyah Jim!: I guess an analyst at Bank Of America downgraded Intel [ INTC 19.35
+0.00 (+0.00%) ]. It seems like it's selling off irrationally. It had a great quarter and I, like you, love the stock. Thoughts? Thanks so much! —Ted in Connecticut
Cramer says: “I’m a buy, buy, buyer of Intel, not a seller. I think the analyst was just making a splash. No one ever got hurt taking a profit, though.”
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Jim: Your enthusiasm for natural gas makes a lot of sense to me. However, Scientific American magazine recently reported on radioactive wastewater from Marcellus Shale drilling caused by radium. Do the potential environmental ramifications make drilling for natural gas less attractive here? —David
Cramer says: “I’m going to point you to Murray Gerber, the CEO of EQT [ EQT 42.37
+0.00 (+0.00%) ], who told the truth about the real problems. And I’m also going to send you to Governor Ed Rendell [of Pennsylvania], who said point blank that we don’t have those kinds of problems. It is just wrong to worry about that.”