In Case You Missed It -- Jim Cramer on the Bakken

The following is undated, but I believe it was posted Friday, April 15, 2011:

Tough crowd, these bank followers. I couldn't believe the dive that Bank of America took when only half the headline had first come out, as if the earnings per share of any bank -- let alone one with charge-offs and gains galore -- could be trusted. But such is the lot of a banker in an era when people seem to want banks to be Internet companies (but not "slowing" Internet companies like Google!). We are in an absurdist moment right now. The companies that are showing the best growth in my whole universe aren't financials, they aren't techs, and they aren't biotechs for that matter. They are oil and gas plays. EOG Resources , Whiting Pete, Continental Resources -- all three Bakken plays -- are clean-up hitters. 

It might have been Cramer's opening monologue on Friday; I forget. Regardless, it is the opening paragraph at his site this weekend. But that's all you get without a paid subscription to his site. I don't have a paid subscription. 

But those who have been following the Bakken for the past two years probably don't have to read the rest of his story. 

I still think Mr Cramer was about a year late getting to the Bakken.