Jim Cramer Advises His Viewers On Flexion Therapeutics, Blackhawk Network And Carrizo Oil & Gas

On CNBC's "Mad Money", Jim Cramer described Flexion Therapeutics Inc FLXN as a nice speculative situation. He would put a small amount of money into the stock. He wouldn't invest a lot because the company isn't making a profit.

Blackhawk Network Holdings Inc HAWK reported a bad number and Cramer would stay away from the stock. It dropped 20.48 percent Thursday.

Cramer would take profits in Carrizo Oil & Gas Inc CRZO, because crude oil isn't going higher.