stwloo i'm jim kramer and welcome to my world. >> you need to get in the game! >> the firms will go out of business and he's nuts. they're nuts! they know nothing! >> i always like to say there's a bull market somewhere. "mad money." you can't afford to miss it. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make

friends and my job is toernt thain and help you make money. call me at 800-743-cnbc. once again, the nonsensical tie-ins with the weakness and the oil played havoc with the markets today. a plunge in oil. a rally in the dollar off of european worries. woo where greece is still the word, hammered the dow down 45 points and knocked about a point off the s&p. look, i can stand here and invent reasons, i could do it all night long or we can talk about how to make some money. more accurately how not to lose money in our game plan for next week. but we're going to focus on the hazards of buying the stocks that report after the bell in the week ahead. tonight we're talking about the hazards of after-hours trading. my old hedge fund, where i managed half a billion dollars, okay? we used to call trading

after-hours, the wild west. yet wild west? because there were no rules and people shoot at stocks the way they shot at the outlaw josie whale, the pale rider, liberty, and shane! next week we'll hear from earnings from some of the most important companies we follow. many of you will try to chase them after-hours with not enough information. for example, on tuesday we'll hear from whole foods. we need to learn about same-store sales growth and how much the trade down -- trade down is cute and we'll talk about it all week and you're not going to get that from the headline. wednesday is all about chesapeake. not their earnings and we'll be listening to the drilling costs and their fines and viewing the industry or eagle. we'll see some numbers, but it's the cost of extracting each ounce of gold that's bedevilled

the company. thursday, that's the big steam shovel company that's needed for coal. they will tell us what they're doing and you know that the earnings will stream out right after the bell, but it isn't the earnings that we want to hear about. we want to know color on china that's what's going to drive the stock to the next level. no one cared about the reported numbers of first solar and there's the case when they are making on each solar panel as well as governments have an appetite to subsidize the difference between those and traditional power. you trade ownerings and you're going lose. you have to have the information. okay? the information is what matters. if you get the information, you are in good shape. it is not going to be about reported earnings. these are all lessons about what drives stocks, commentary, facts, nuance on the conference call. not the headlines from when these companies report after the bell, which brings us to a

cautionary lesson from last night's trading that informs our game plan for next week's action. we got not one, but two examples last night that prove how easy it is to lose a fist full of dollars and a few dollars more and playing in the bad lands of after-hours trading and the battle grounds were panera bread and chipotle! first, you know i've been a backer of panera from day one on the show and not just because my daughter loves the classic caesar, hold the chicken and i like the bread bowl of chili. have you had that? second, chipotle has been the phase ever since the author of the best business book i have ever read called setting the table came on our show and recommended the company is a terrific one and the best hospitality play in the quick service industry and danny's got craig and we based on his picks and it rallied 19.3% and the s&p

500 is down 7.8% and that makes us believe in the stock and chipotle. after the close and in rapid gun procession, first panera and chipotle. buffalo disappointed. the stock had a quick one. somehow that fit the wings and infected chipotle and panera. salmonella can cross a room full of patrons and as the headlines streamed over and the quarter was just in line with estimates and chipotle plummeted just as far and just as fast sitting a buck and a half off the 101 close, why? because it backed the same-store sales and that was the headline. maybe a minute, and it could be two. no additional news. each stock dropped another 50 cents. the next thing i know, slowly step by step and it's niagara falls and panera is down three, three and a half and chipotle down five and total freak out. you know what? the whole thing made no sense at

all. people were simply trading on those headlines and whole foods, 38 cents, let's buy whole foods. no, we're not playing that game here. the real stories were much better than expected. even no people anticipated the world from chipotle and panera because it had just raised expectations. remember we had a shake on the show. he's the great ceo and he's moving up executive chairman. people were panicking and piling on and thinking it was some sort of fast food epidemic. and tinkers to evers to chance. i read a smattering of stories about the slowdown and quality quick serve. remarkable and every bit of it was wrong. not about buffalo wild wings and that was a true disappointment and panera bumped the expectations even further than had given with comparable source. remember, that's the real number that we care about and going up 6.8% and that bested the 4.8% concensus and guidance went from $3.05 to 15 cents and that's the range to a whopping baguette

size, $3.26 to $3.34. i regard this as an amazing achievement and what happened? what happened is the real story came out and people did the homework and you listened to the call. when the stock opened for real, and it traded four points above the four-post low and gave me a $4 gain and everyone that sold in fear and panic lost huge. their heads are in the giant bread chili bowl. you have to wait for the call to find out how good it was. they don't get that benefit and they fell all over each other in their ignorance. danny meyers' favorite chipotle is more ridiculous. once we read the whole release, we were remarkable stats and double digit revenue gains and 18 cents on an 81 cent basis and get this, big international plans and you're going to love chipotle over there and part of the giant expansion into europe, france, germany and stupendous growth, remarkable quality. a quarter that a lllowed analys

and that was another piece of data you could aren't get on the headline. none was that was available to the headline traders. the stocks soared ten points between the low last night a little after 5 chok, until the high today which, by the way, was a 52-week high. ten points for those who sold. can you imagine? you could argue that what people should do is buy, buy, buy, when stocks are down in after-hours and that was not the takeaway. that's reckless, too. sure wouldn't that worked with the buffalo wild wings. here's the bottom line. learn from last night to have a better plan. the lesson is you need to wait to find out how the company is really doing. not what the headlines say and it is a conference call. you may miss the opportunity to shoot first, but you also won't get fooled out of hard-fought positions by fear and by the action. when the actions from a bun of quick draw mcgraws who know nothing other than the thrill of

the trade. darryl in north carolina. darryl? >> boo-yah, jim cramer! >> i think that may be the first pham ilial boo-yah of the week and it cheers me. what have you got? >> i have a couple of quick questions for you. it seems pepsi is suddenly very volatile and is the european market problem affecting pepsi that much? would it be a good idea to shy away from it? >> my charitable trust is really not a european play, and it does not have as much international exposure as coca-cola. it has expanded particularly to china. pepsi will be able to startst buyback soon. i think you're fine. i don't think you need to freak out. i think it's a consistent grower and they're doing a fine job. let's go to mark in illinois. >> boo-yah, mr. kramer and welcome to st. charles, illinois. >> good to have you. >> a couple of years ago i purchased 700 shares of

skillsoft for 700 bucks. >> that's investors business daily for people that don't know. >> what do you think will happen moving forward? >> you know how i feel, that was kind of interesting. once you get the buyout, you're done, you're done. the companies that are coming in to buy skillsoft they are not going pay more. you need to ring the register and you need to take the gain and you need to find the next skillsoft. how many people at skillsoft? i hope you d congratulations to you, too. let's go to al in illinois. >> al? >> boo-yah, jim from illinois. >> don't even know the town, but i've done a lot of geography this week. >> would you explain how it works when the dollar goes down and the market goes up? i don't understand what's happening in the market. >> i have to tell you. i've got to tell you, i am unveiling next week -- a week's worth of work on the idea that the trade is just stupid. it didn't work in the '90s. i used to try it, and it's

fixated and people are selling one currency that they think the currency's falling apart and they're putting money in another currency because you have to put your money somewhere, but i am urging you to not have the ridiculous takeaway that when the dollar gets strong you must sell stocks and i will demonstrate imperikly next week with serious work that i've been doing with nicole erkin how wrong that thesis is and how much you'll lose if you continue to follow it. all right. we have the game plan, but you know what? these are all after-hours and you trade after-hours and let's just take the lesson of panera and chipotle apart. you need to listen to whole story for whole foods on thursday and thursday, but cyrus international and when you look at the whole story, then i'll let you trade. otherwise, you're just being played the fool. "mad money" will be right back. >> coming up, tech's back. cramer is looking at the stock

that could connect your portfolio with profits and later, dividend boosters. our week-long search for companies that have recently raised their dividend is coming to a close. tonight cramer's checking in to see if one stock's got room to run. plus, cramer's cruising for profits with nordic american tanker ceo on the executive decision. miss out on some mad money? catch a mad money text alert today. text mm to 26221 to get cramer right on your phone. for more info visit "mad money".cnbc.or give us a call at 1-800-743-cnbc.

>> for speculation friday we have a true duel of the analysts, if not a mel gibson/tina turner beyond thunderdome style steel caged death match, the point of

contention&entegris, entg, entegris. let me get your attention. it's a $4.86 semiconductor material stock that i'm sure you never heard of. even though it performs a service vital to the chipmaking business. the company's in a business called materials integrity management making over 10,000 products used to keep semiconductor and disk drive materials contamination-free during the manufacturing process. hey, when i had to put a hair net on, talk about a waste of time. entegris just reported a better than expected quarter on february fourth, achieving profitability for the first time since the first quarter of 2008 and it raised guidance. how much do we like that on "mad money," but the response from the analyst was not at all uniformly positive. citigroup which downgraded entegris back in january to a sell titledst note on the

quarter, quote, solid beat and raised, but the challenge lies ahead, end quote, making me think the analyst must be watching "mad money" for his education on the classics. on the other hand, bank of america has a buy on the stock and it loved the corridor. so who's right? all right. the city downgrade of entegris was part of a broader downgrade of the whole semiconductor, why did they downgrade it? why did they go bearish? >> valuation. citi says the cycle isn't over and they're worried the stocks won't get hit because they believe that the semicalker business will begin to slow in the first half of this year as the supply of semiconductor increases. the city analyst didn't think we underspent and we didn't put enough money in. he didn't think we spend long enough to drive a multi-year cycle of capital spending.

it's also a concern. the rally in the semis reached 65 weeks and usually we go down 25% to 30% when that happens. i think he's digging in his heels too deep on this one. i think he took it to a sell before this great quarter, and i think it would look terrible to switch directions now. no can do. now bank of america, on the other hand, likes entegris because it's business is more leveraged than more semiconductor materials and equipment stocks to the actual number of semiconductor units that are produced. so as utilization rates across the industry recover, entegris will sell more of the products that are necessary during this manufacturing process. i side with bank of america, and i side against city. for the simple reason that the argument against entegris is based on the idea that the turn in the semis are just cyclical, driven by improved consumer spending alone. i don't think that's true. >> these stocks are now part of

a long-term secular growth story, meaning one that isn't subject to the swings of the business cycle or hostage to the health of the economies around the world or near-term concerns about inventory. they are part of the great mobile internet tsunami. >>. ♪ hallelujah." which means we have to look at the semiconductor business in a whole new way than citi's doing. people around the world are buying smartphones, tablets and netbooks and they're filled with more and more chips. so they need more and more equipment like entegris' equipment. people have been incorrectly comparing the current up cycle to the semis like the one in 2003 and 2004. they're concerned that they ship too many semiconductors for the next few quarters and they were oversupplied and they fear a nasty inventory correction and it happened in 2004. i think that's wrong. first of all, we've had only one quarter of sequential increase in semiconductor inventories and that makes me much less worried. we had three quarters of

sequential inventories in 2004. success, inventory levels are still down 20% from the first quarter 200, but in the fourth quarter of 2004 they still only come down 2%. plus back in the fourth quarter of 2004, corporate pc demand had risen 24% from the previous peak. while currently corporate pc demand is up 20%. what's the worry here? here's another big index. the sox, the philadelphia semiconductor index is up 333 right now, while in 2004 it dropped from 557 to 58. we're below the trough, for heaven's sake? what are we so nervous about? >> it's overvalued when the sox index is so low. sales in the last quarter up 30% year over year, even better for the fourth quarter entegris saw a 23% increase in unit-driven sales in the previous quarter. why does that citi guy say a

sell. that's a 56% increase in sales from the hird quarter and management commented that the fourth quarter continued. this is what i won. this may be a speculative stock. all these were caveats about limit orders and don't buy after market, but it is the largest company by revenue in what's known as the semiconductor consumable sector and strong product line and diverse exposure. one customer beinged for 10% of the sales. and it won't be hurt if it decides that it has a lot of good orders. diversity matters and it makes me feel more confident about entegris and it's taking share. how much can it be worth? how much is a $4 and change stock worth. >> based on what's been paid for the acquisition in the space, this $4 and change stock, nine. i think it's worth more like $9.

it doesn't face the challenge. i think this is unbound or it's chasing and it just found the golden fleece. the city guy is tantalous. i'm going with bank of america zeus-like buy. i like the semis and entegris. the city analyst can go clean the stables. the bank of america man, he belongs at the top of mount olympus. after the break i'll try to make you more money. would you like a pony ?

yeah. would you like a pony ? yeah ! ( cluck, cluck, cluck ) oh, wowww ! that's fun ! you didn't say i could have a real one. well, you didn't ask. even kids know when it's wrong to hold out on somebody. why don't banks ? we're ally, a new bank that alerts you when your money could be working harder and earning more. it's just the right thing to do.

how do you what companies are worth owning in a lousy market in there are a lot of things you can fall back on. this week we focused on one of the best. massive dividend boosts. when a company raises its dividend substantially that's a signal that it's in good shape and that it's getting better. you boosted dividend because you're confident for the long term. why long term? because there is a tremendous

stigma attached to cutting the dividend. so it gets raised only if the long term bullish prospects are excellent, and this is a pattern we've seen over and over and over again. it is a bankable pattern. hey, we saw it on monday when hasbro reported a big upside surprise. hasbro went up 12%. i think it's something you could have predicted if you had paid attention when the company increasedst dividend by 25% just last thursday and then on tuesday, i told you core labs, the oil service's tech company reported a better than expected quarter on wednesday because i believed because ofst 20% dividend boost and sure enough, boom, that's what happens. we talked about this discount retailers like ross stores and exterminators like rollins. by the way, i can exterminate with the best of them. all of the worthy stocks that have increased their dividend substantially, but we saved the biggest for last, the biggest

boost. of the 78 companies worth more than $1 billion that have upped their dividend since the beginning of the year, the 78 -- 29 have done so by 10% or more. to me, that's a great green light, but it stopped trading. how about a company that tripled its dividend. you heard me right. triple. if a 20% increase is a sign of strength, what the heck is a 200% increase of signup? maybe super strength? the stock is -- ♪ >> wyndham worldwide, win. the hotel resort and time share company. >> buy, buy, buy! >> you may know as ramada inn or days inn or perhaps you recognize wyndham as the acknowledged king of time shares and just this wednesday, it

tripledst quarterly dividend from 4 cents a share to 12 cents a share. that's 48 cents a share annualized and all of a sudden wyndham went from a company with a negligible dividend to one not so considerable 2.1% yield. no management team does that unless they're confident that their business is in good shape and they'll be able to keep paying that dividend because hey, when you screw it up and you have to cut it, do you ever pay a huge price in loss credibility and lost value on wall street. wyndham's dividend boost was much bigger news than the better than expected company, in the company quarter. it was a 3 cent earnings beat and that's not bad, but it doesn't scream. >> buy, buy, buy! >> like a 200% dividend increase. nothing does. even when your dividend is coming out with a very low base like wyndham's. here's something better. the company said it would ton raise its dividend in the future with plans to grow the dividend the same way they grow earnings

through 2012. wyndham expected to grow earnings at a 10.5% clip and the company's growth rate is 15%. oh, man! ooh la la, more dividends are coming in the it's the harbinger of better things to come. you know i like serial dividend raisers and wyndham says it wants to head it. i believe the message is being sent with the dividend boost and it will start to get overconfident and raising dividend when they really should be leaving it alone, making promises they can't keep, which is what we keep with the dividend boost and developed by that stock to sir lawrence olivier and the movie "marathon man" is it safe? the company expected to earn $1.62 per share and $1.81 in 2012. and we'll have the annual bad boy three times over. not only is this dividend

protected. it sure continued to be if wyndham takes it considerably higher. balance sheet and 155 million in cash and 875 million if borrowing capacity and that's the old business. it needs debt and it runs on some debt and that's not exactly clean and wyndham has no major debt coming due in 2010 which is what i care about and the company might refinance approximately that's what the dividend boost is saying and on top of the dividend boost. it had the share repurchase authorization with $157 million remaining. you've got to ask yourself. can you get more pro-shareholder and they're showering us with cash. from a huge dividend boost from the buyback and it makes it pretty appealing. on the business side over and over again. we heard from the vacation market is better than you think and we heard it from starwood and we heard it from marriott and now we heard it from wyndham. the company is reducing sales of time share and that's their classic business and that's no longer a growth business and it's increasing its emphasis on

what i really like. a fee-based business for people who already own time shares. wyndham collects a fee for exchanging a week. i want you to consider ind wyndham as a lucrative trading desk, no capital involved and just a cut. the company is moving toward more rentals of its units and plus wyndham is offering real estate developers in banks which have condos and hotels and an opportunity to sell the rooms for free. they get to monetize their assets and they know they need that. and with minimal capital spending and the company's got around 5,000 units on the pipe from this program. i used to dislike wyndham because the old model is much better than building hotels and taking risky loans to finance the construction costs. here's the bottom line. when the company triplesst dividend you have to wake up and smell the joe. wyndham's huge dividend boost is telling us it's a screaming buy, buy, buy right here.

even though i'm not a time share kind of guy, preferring hostiling chintzy campgrounds. >> al in virginia. al, good morning. boo-yah to you, jim. this is al from virginia. i want to wish you a happy belated birthday and thank you for helping my daughter and she was basically 8 years old, sophia. >> we get sophia involved. she turns 12, 14, 15, she can buy her first stock. if it goes down she has her whole life to make her money back. that's the point. let me help you. >> can you please give me some advice on marriott international and the world's largest hotel company. is it a buy, sell or a hold? >> i think it's a buy and i think they had very good things to say, and i think people are starting to realize that this is a company that can do fabulously in this environment and it's still off from its high and it looks like it has a high p-e and

the earnings are coming back and marriott is -- it could be tyler math son and tyler in illinois, how did you get there so fast. tyler. >> boo-yah! >> my question for you is about dividend stocks paying monthly versus quarterly, and i've got stocks in both right now and i'm the young investor and i'm trying to figure out what will be more beneficial and we love it if we'll pay more, i actually mentioned getting back to even, some stocks that paid monthly. i absolutely love that. i think the more, the more frequency and the more you reinvest and the more you can make it happen. i say go with it. go with it big. >> all right, guys. here's the last one. instead of taking a vacation, consider buying wind am worldwide, win, with that gigantic dividend boost, i foresee many great thing ahead. stay with cramer! do you boo-yah!

>> yipa qaa yay boo-yah. >> boo-yah beautiful baby. >> sinners boo-yah. >> boo-yah! >> boo-yah! >> to talk to cramer on the lightning round call 1-800-743-cnbc.

>> it is time -- it is time for the lightning round on cramer's "mad money." what's that about? rapid-fire calls and you say the name of the stock and i tell you whether to buy, buy, buy or sell, sell, sell, play until you hear this sound and then the lightning round is over. are you ready see daddy? it is time for the lightning round on cramer's "mad money" and i'm starting with george in california. george! >> boo-yah, mr. jim cramer, what's going on, buddy? >> you know, just having some fun. how about you? >> doing great, man. >> thank you. hey, just wanted to find out what's going on with sprint? >> i didn't like that quarter. there wasn't a lot to like there. i have to tell you something, we needed to see some momentum.

we have verizon and at&t just shooting at everybody and we have google coming in with high-speed lines and you have to have a good yield to stay in that joint. let's go to enripa in maryland! >> boo-yah from where the spotos are pounding down and we're all fans of you and lady gaga. >> that's the second germantown caller this week, and i've got to tell you something, the paparazzi are going to be all over you! what have you got? >> hi, jim. i have poly 1, but i don't know if i should sell it, buy more or hold onto it. >> why would you sell poly 1 in my friend at bbnt which is a met fan which i'm down grading them to junk -- yeah. yeah! downgrade them to junk. i think that poly one is a strong, strong buy and my friend

karim is not there, this show is over. i can go to bill in florida, please? bill. >> this is st. augustine, florida. >> oldest city in america. >> and a 400-year boo-yah, jim. >> it was one of the nicest places in america. it really is. how can i help. >> i would like your take on ioc. >> the more speculative oil company in the world. they demand speculation and it happened to be speculation friday, but know what? for me? i like yield. i like bountiful yields for my oil companies and that one is -- no, that is just an outrage. i am just now getting started. it's the last lightning round of the week and i will not take that insult and i might violate the sanctity of the control room. i'm not kidding. i want to go to mahana in

minnesota. >> hi. i would like to know if the shares of metro bcs would rise if they leave? >> still think they will merge with leap and that will be fantastic. that's what i've been saying. that combination is terrific. i'm not backing away. that's horrible. i'm not backing away and i'm taking one more. i'm going clear across the country, and i'm going to john in california. john! >> oh, jim. i've been watching you since you had only two rows of buttons boo-yah. >> whoa, that just dates me. that was when i was 55, that was. you what? how can i help? >> 55. >> i've been owning tech strom just before the gm people flew in to washington and it plummeted. should i hold it or sell it? >> yes, you want to own it. there's a turnaround in the private jet market. that management has gone religion. they've buried themselves in debt and then come out of it.

they have been through haitis and back. i lick tech stron. now i'm willing to say that the lightning round is over! >> take a look at hasbro, like transformers. g.i. joe. it's expected to launch a new network called the hop discovery -- this is a law journal book. >> the law books. oh, it was propping up things. does anyone know if it's jenga. >> who's jenga. also known as yenga which i am addicted to. look, it's on youtube.

if it were for a cable channel we wouldn't do this stuff. ♪ ♪ ♪ >> buy some sox. >> this weekend i did find myself in kohl's buying socks. i couldn't believe the deal i got. buy three and get the fourth for free. i got a pair right now and i feel darn good. >> these are cotton. >> people always ask how did you get so rich? >> i fill in the rebates and the socks are back and better than ever. ♪ ♪ >> die! oh, man. hey, anyway, in a market -- sometimes, well, i mean -- sometimes, like today, sometimes bad like last week and the

action is impossible that fathom and tonight as part of the series i want to tell you about rollins, a company you might not have heard of, although you have probably seen these commercials for the main brand, orkin. this is waterlogged segment if there ever were one. rollins is -- it's not one that should suffer if we get a dreaded double dip recession even though that's a very remote possibility, and i want you to think of this as an atm machine. it just keeps pouring and here ate bottom line of this relentless -- oh, yeah. this one is one of the longest-running streams i've ever seen, and i want you to stick with cramer! >> oh, my god. that may have been the funniest thing that has ever happened -- it would not stop! foet ♪ ♪ straightforward is the way td ameritrade does business.

simple, fair pricing. no hidden account fees. no shenanigans. just good value. real help. smart people who are easy to work with. that's what td ameritrade stands for. what does your investment firm stand for? it's time for fresh thinking. it's time for td ameritrade. ♪ yes, you're lovely... ♪ what do you think? hey, why don't we use our points from chase sapphire and take a break? we can't. sure, we can. the points don't expire... ♪ there is nothing for me... ♪ there's no travel restrictions... we could leave tomorrow. we can't use them for a vacation. you can use the points for just about anything. i know... ♪ the way you look tonight ♪ chase what matters. get your new chase sapphire card at chase.com/sapphire.

>> our favorite shipping stock, northern american tanker and out for all you home gamers has taken a beating here. the company reported today and

it is up flat 7 cents and northern american up 8% since the last time we spoke to the ceo. herb jorn hanson and not just rerb hanson on november 23rd when the stock was at $31.25. most of that declined because the company did a $4 million shelf offering. and they did a successary at $30.50. investors don't like it. one company sells stock because it dilutes the value of the shares they already own, but you know what? i have been saying that with nordic american tanker you have to make an exception. the company has had a fabulous history of paying huge dividends and it uses the offerings to buy new tankers which are put into service producing cash that is only produced to you, the shareholders through northern american's bountiful dividends. it grows faster than the share count and the 10% dilution would be more than offset by the 22% growth in the company's fleet. as it adds foures have wills. when nordic american reported

today it highlighted it's in the midst of growingst fleet, 18 double-held suez max tankers. thee ships expected to deliver by september of this year. the company increases quarterly dividend to 25 cents up from 10 cents. a 150% increase. this situation is a little different. as nordic american's dividends fluctuate from quarter to quarter against the oil tankers. the consensus expectation is that nordic american will pay $2.47 in dividends in 2010 and $2.83 in 2011. that's an implied yield of 9.8% respectively and that's notoriously big if there ever were one. if they're getting more than $10,000 a day. good news given the net rate for nat in the fourth quarter was 18,700 today. i would love to know if that consensus going to be right though, given that we're only good for 25 cents so far.

nordic american is the best capital product you are in the industry. no debt in the balance sheet. it was better in the fourth quarter of 2009 and the first quarter of 2010 has started on a positive note. i think the story still looks solid here. especially as far as the dividend is concerned and what are the signs we need to see in order to stay bullish. let's find out from nordic american tanker standard chairman and ceo. mr. hanson. welcome back to "mad money." thank you, jim from a cold norway late evening here. >> we've got the cold going here, too, so i'm not as sympathetic as i was because you were in the south of france recently. okay. let's get right to it. >> i go there next week! i go there next week! >> good for you. let's get right to it. here's the thing. you declared the dividend today. i have been recommending your stock because even at very low day rates you're still able to

pay a dividend because you have such a lean structure, no debt. do you feel that that 25 cent dividend could go up in 2010 because you have a history of paying high dividends? >> the answer is yes, must hav that works when the sun is up on the horizon and because if the market is up, we'll make a lot of money and we give it all to shareholders. if the market is done, the value can be expected to go down. and then we can buy more ships, very inexpensively compared with historic levels. you must have strategy that works when it's sunny and which is working when it's a rainy day. this is the play on the word economy and i'm very optimistic, jim, if you have a little

down -- few weeks or few months, there are very many bright spots on the horizon. >> why should we be optimistic, given the fact that everyone's worried that china might be slowing their huge oil user and financial people, hedge funds, have been hoarding oil, but there isn't the kind of demand for oil that would indicate that we naturally need all of your new ships >> we are now in the kind of statistical recovery of a human recession. the broad picture is, that west is down and the east is up. and you know, we tend to focus too much on america. maybe too much on western europe. which is behind america. but look to the east. and to the strong signals we have there. we indeed, have seen some signs that china may not grow at the

extremely high growth rates of the past. we must remember that the chinese, they have been using the bike and now they're buying cars. when they buy cars, they don't go back to the bike again. i'm very optimistic about this so-called brick country, india, brazil, china and the countries wishing to get more wealthy if you wish. therefore, our company's excellently positioned to reap the benefit of an upswing. >> you don't predict future spot rates. but would be -- if you saw -- let's put it this way, let's say you saw a turn in the fortunes of u.s. and china stayed like it is, can we ever get back to those day rates $20,00030,000 when you paid gigantic

dividends? >> the answer is definitely yes. no question in my judgment. provided the word economy go goes on in an orderly fashion. we should be fine. the danger that is looming is the danger of protectionism. but given globalization, given free trade, and given a strong economy, we'll be fine. as you know, jim, they're out, reducing supplies and there's a very strong drive for quality. and we're participating in that game and we are in an excellent position to reap the benefits of an upswing. >> well, i tell you, that makes me feel good. you delivered. by far the best performing bulk, oil tanker stock, really in history. thank you so much for coming on "mad money." >> pleasure to be with you. >> thank you. if you want to be in the

tanker business, if you want to shares, you want this man as your partner. he's got the best performance in the group, the best balance sheet in the group, and you heard him, he expects that dividend to go up. i say, you can stick with nat. i know it's been a disappointment. can i tell you something? is others are doing a lot worse.

okay, it's $4 stock. don't go crazy. it's speculation. look at it over the weekend. do some homework. next week you know the olympics start tonight. all next week, "mad money" high noon. live at 12:00 p.m. eastern during the olympics. for the next two weeks. i'm jim cramer and i'll see you at noon. stocks, greece, china, a strong dollar means by retailers, tech and banks, let greece fail is the best thing for world recovery.