Wednesday, July 19, 2006

Cramer not mad about Headwaters

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CNBC's Jim Cramer is "in a flummox," so the "Mad Money" magnate turned to Headwaters Inc. CEO Kirk Bensen for some unflummoxing. Headwaters does many things, among them is a better (nano) way of making catalysts that cuts down on waste and makes coal-to-gas technology more efficient. (I explained the technology in more detail here.)

"What the heck are all these alternative energy companies doing at a 52-week low?," asks Cramer in this video clip. A comparatively mild-mannered Bensen gave an honest answer that just did not satisfy "C."

So, the verdict: "Don't buy, Don't buy." "Damn that's tough," Cramer says. "I wanted that one to be a good one."


Backgrounder
Philippines to launch NanoPower Revolution
Philippines to launch NanoPower Revolution: Part II
Headwaters Inc. makes nano waves

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