Mad Money Lightning Round OT: Cramer Is A Seller of Quantum Corporation (QTM) (ASH, QTM, GERN, CRM, NFLX)
Jim Cramer said on CNBC's Mad Money Lightning Round OT that Ashland Inc. (NYSE: ASH) is a good company. He wants to take a long position in this stock. Ashland Inc. (ASH) gained 1.22% today, and closed at $58.19.
Cramer is not a fan of Quantum Corporation (NYSE: QTM), and he is a seller of this stock. Quantum Corporation (QTM) fell 6.27% in the regular trading session, and it lost 24.23% in the after hours, after it reported worse than expected earnings.
Mr. Cramer doesn't want to buy Geron Corporation (NASDAQ: GERN), because there are so many good stocks that are trading low. He named salesforce.com, inc. (NYSE: CRM) as a speculative buy, and he also likes Netflix, Inc. (NASDAQ: NFLX). Geron Corporation (GERN) fell 0.05% today, while salesforce.com (CRM) gained 3.48%. Netflix, Inc. (NFLX) fell 1.99% in the regular session, but it spiked 10.15% in the after hours.
