Its to balance growth versus inflation in many categories. Ben burnankes fed spoke with one voice. The fed under janet yellen has left the course since that first rate increase to go to a lock step series of hikes. And that change has been accompanied by a cacophony of fed voices rooting for still higher rates or poohpoohing them. You figure it out, i cant. We have to have some changes here. One, the fed must know its own strength and recognize that when it talks endlessly about hikes, its freezing the Business World and creating tremendous uncertainty because people think, how can that possibly be, how can they know that much . Because they dont. Far better for the fed to say, and i quote, we have put through an increase and since then seen commodity deflation and a slowdown in wage growth so we must monitor these before we that means we need to get off a timetable and go back to being data dependent. That would in itself cause a tradeable bottom, at least. This change is so important because right now we have a climate of fear and uncertainty which is not conducive to any kind of investment, business, stocks or otherwise. Yellen needs to lay down the law and say, when you become a fed governor or president , you cannot speak about fed policy because it leads to tremendous confusion. The can a could have annie must end and the bit players must offer a polite no conference when asked. Theres no freelancing among the president s cabinet, there shouldnt be among the fed either. The fed needs to adjust its inputs for what i call the amazonization of the american economy. Temporary analysis of the decline in commodities like oil. Theres an unrecognized structural change in all these Commodity Markets thats been going on and the fed is ignoring it. Oil is not done going down. Second big picture item on the checklist, the Political Uncertainty must resolve itself. Its going to take some time here. Right now the Democratic Front runner is being challenged by an ultraliberal senator. Today she talked about a rich person surcharge. The republican frontrunner, while very wealthy, is very antagonistic to wall street and the wealth created by it. Theyre poised to make the situation uglier. Domestic politics are capital preservation. Third big picture item, china has got to become more of a positive, anywhere, any part of it, any line item. China needs to clean up its act with the government becoming more transparent and the stock market more stable or at least honest and working. Right now the Chinese Communist party is empirically judging by traditional commodity inputs doing nothing meaningful to stimulate the economy or reform the recession. All attempts to make china serve its economy well are being undone by amateurs and officials trying to manage the stock market. The chinese are trying to manage a bubble of massive proportions by encouraging individuals to open a plethora of accounts. Until the bubble is officially burst and the shanghai composite gives up 33 of its gains, right was in 2014 when the bubble began, the chinese stock market is not to be trusted by you. The phony shanghai 3,000 line in the sand has no bearing whatever and is totally a function of restricted selling and government buying. Something thats eating up chinas reserves at a rapid pace. One look at the index tells you about the absurdity of its current inflated price. Let them flow free using rules similar to what the sec developed. Let the chips fall, even if it means some investors get hurt. Only then will both bargains and credibility be restored, which would mean we could stop focusing on a stock market that we all viewed as irrelevant until roughly 18 months ago. Fourth, commodities have got to stop going down, commodities. Its created imbalances around the world. Aluminum remain in free fall, because china is no longer taking any of them. Its decimating whole companies. Think everyone from caterpillar to u. S. Steel to entire countries like brazil. We have to be concerned about everything from too much countries failing to too Many Companies including alcoa, sold to you. Here is the bottom line. Before this market can bottom, a number of things need to change, including the federal reserves stance on the need for more rate hikes, and a bottom in all of the free falling commodities out there. These points present some of the biggest set ups. Ralph. Caller jim, what would you think about Shell Oil Company for a very young investors . I think it would be wrong. Young investors should be look at these companies that are high growth, that are now right on their butt because everyone hates high growth. When you get involved in a long term fossil fuel situation, youll regret it. Fossil fuels will look like tobacco 20 years ago. Barbara. Caller hi, jim. I recent bought 600 shares of new York Community bancorp. I noticed today it was trading around 15. 30. Should i buy more at this low price, hold on to it, or possibly sell some or all of it, or maybe you have a better recommendation. I think youre fine. I want you to stop looking at it day to day like that. Youre down very little. This is a long term game, this and i think that new York Community bank is doing fine. If the fed raises rates like they keep claiming theyll do, that stock will go to 20. Thank you for the call. Paul in florida. Paul. Caller hi. I recently bought Stanley Black decker for 107 based on the projected strong housing sector in 2016. With the stock markets apparent free fall, and if Interest Rates go up again, im concerned the stock will fall further. Should i just hold on, buy more, or take my losses . It has fallen further. Ive been buying it for my travel trust. One of these big gaps down, we buy a little. Why . Because home depot has said that business is strong. Theyve got a nice turn going on in europe. Its inexpensive stock. Does that mean it bottoms in 96 . I dont know. Try to build a position in the company. Its more valuable than what its selling for. That need to happen before a lasting bottom. My hunt for a bottom continues. Dont miss the second half of my checklist including how some of last years wall street winners factor in to making money. Then what becomes of the broken hard, or in this case broken momentum stock when i examine under armour. People are already hating alcoa. What else is new . Stick with cramer. Announcer dont miss a second of mad money. Follow jimcramer on twitter. Have a question . Tweet cramer, madtweets. Send jim an email to madmoney cnbc. Com or give us a call at 1800743cnbc. Head to madmoney. Cnbc. Com. The leading cough liquid only provides relief for four hours, but did you know theres a product that lasts for twelve hours . 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Thats why he starts his day with those two scoops in heart healthy kelloggs raisin bran. Ready to eat my dust . Too bad i already filled up on raisins. Kelloggs raisin bran. Deliciously heart healthy. Stress sweat. It can happen anytime to anyone. Stress sweat is different than ordinary sweat, it smells worse. Get 4 times the protection against stress sweat. With secret clinical strength invisible solid and clear gel. When cigarette cravings hit, all i can think about is getting relief. Only nicorette mini has a patented fastdissolving formula. It starts to relieve sudden cravings fast. I never know when ill need relief. What needs to happen before we can stop being terrified of this market and start making some money . Ive already told you, along with the vicious pain in china and free fall in oil commodities, thats just the tip of the iceberg. More things need to happen. Fifth box that needs to be checked, really important, we need oil, which got obliterated again today, to stop going down. I dont see it down in sight here. My friend who wrote the domino effect makes it clear that its unimaginable if the Current Situation doesnt change. He thought the marginal producers in the u. S. Would have stopped their production by now. It turned out not to be the case. Banks forgave domestic customers. Cost of drilling came down and production has only just now started to peak, something that every single prognosticator failed to anticipate. Brazil pretty much pioneered the lower longer thesis, that oil prices would stay low for a long time. He threw cold water on the u bottom, the v bottom, the w bottom. Hes quick to criticize those it seems pretty farfetched to rusty. That means many bankruptcy and reorganizations must occur. Youll see some Big Companies that well talk about in a second really i think lets just say they wont look like they do now. Im worried about them. Im also worried about a host of smaller players in many of the Pipeline Companies who may have a hard time paying their debts out of depleted cash flow. It all comes due in 2016 if oil doesnt stop going down, and i dont think it will, unless theres a crisis in the middle east. The entire fossil fuel complex is under financial attack. There will be many failures before the whole market can stabilize. The big consumers of energy will profit. For the moment, the positives simply dont matter. Sixth, the world seems very unstable. North korea is doing more than just saberrattling. States. Saudi arabia has broken off relations with iran. The fight between the west and russia has not been resolved and puts a damper on growth in either region. Britain is debating whether to pull out of the eu. The Immigration Crisis in europe is nowhere near resolution. There are Armed Conflicts going on all over the place like the saudiyemen war that arent even being covered. And dont even get me started on iraq and afghanistan. This is not a world that makes you want to invest. Seven, we need all these brain dead Zombie Companies out, put to death. When it happens, their bonds will crater, not just their stocks. Of bad debt. So are chesapeake and freeport. These are the kind of situations that will reopen the notion of Systemic Risk. I dont see Systemic Risk in this country. But until we bake in that kind of talk, we will not get the advance. Number 8, the dollar needs to stop going higher. Were about to enter another earnings season where once again well hear that the super freaking strong dollar wrecked economies. The currencies of developing countries, have you seen the riyal . Just like 97, 98. Until the dollar gets weaker were unlikely to see stabilization. The fed should be taking this into account but at the moment it only seems to care about employment. Healthy merger market. Last year may have been the peak in m a activity. But that doesnt mean there cant be more deals. One look at the last few transactions, all of which have led to lower prices for both the targets and the acquirers, including todays deal with shire pharma, shows how sick this market has become. Thats got to stop. 10, a return to healthy ipo market. Right now we have no functioning market whatsoever to allow many of the private equity deals to come to the market or reliquify their Balance Sheets before we go into a recession. Plus we have all these shaved unicorns that havent had a chance to go public because they wouldnt want to embarrass their Venture Capital investors. Its a disaster for Capital Appreciation. 11, the autos are in the high they peaked at a good level. Many of the stocks of the sector not yet reflecting what may be a precipitous fall thanks in part to the fed tightening. It isnt some abstraction, people. Housing stocks are demonstrate ing pornographic drops, cant even look at it. A nice little burst by apple, every dog is getting its day. I like apple. While these stocks are cheap, no stock can stand an onslaught of number cutting. Interest rates seem to go higher because of a lack of demand of money, putting the kibosh on the hope that banks will rally. Last week the retailers and restaurants have been trying to rally and failing. We need more sectors to return given the piece i just outlined. Right now the charts are disaster, although a spike like we had at the end of the day cant be ruled out, but youll have to sell the spike, not buy it. We need to see an end, for f. A. N. G. Facebook, amazon, netflix, and google to give up the ghost. Big gains in these, dont want to take them. These companies are doing very well but their stocks reflect too much optimism. I know people say, thanks, cramer, you told me to buy it. Not true. I did at one point but not since the fed started raising. Get it together, will you . Finally, west a tradeable bottom this fall when the bears dramatically outnumber the bulls. That stopped when the bears were driven out right up until the end of last year. Were paying for that hangover. The beginning of 2016 has seen a rapid change of sentiment. Of settlement. We didnt have that washout. All but the most valueoriented buyers, we havent seen that capitulation either. You need to see capitulation. The bottom line, many of these issues on the checklist must be resolved before we can be more concerned about making money rather than losing money. I wish it were more simple. I wish it were happier. There will be pockets of opportunities as always and ill highlight them for you. They will be fewer and far between without more boxes checked and fears quelled by facts, not fantasy. Much more mad money ahead. Under armour fell nearby 7 , the opposite of lululemon. Does it have the endurance to get back up . How about alcoa, down 20 since the new year . You know thats going to go lower. Lets speak to the ceo anyway. Im not border. The healthcare sector has been down seven of the past eight days. Why dont we speak to the ceo. What becomes of the broken hearted momentum stock, one that had love thats now departed . I have to find some peace of mind. I recognize they werent singing crooned those lyrics, but every day the heartache grows a little stronger and the owners cant stand the pain much longer. That actually does describe the situation owners of under armour find themselves in. Morgan stanley slapped a sell on it. A sell the worst thing you can do to a stock the ultimate insult but the sell call had a little bit of rigor to it. Declining share and average selling price a dual threat. Downgrade to underweight. Keep in mind that premium valuation. Multiple counts. One, data indicates near term earnings uncertainty is about more than just the weather. Morgan stanley contends prices are being cut, particularly in marketing push. Footwear is down 20 , even though the industry is only off 4 . Morgan stanley by implication is saying, they cant compete on price. Maybe they cant compete with nike at their own game. Third, estimates are too high. Theyre down to 23 and 21 for sales and earnings. Brokerage is slashing its price target of underwar more from 103 to 62. 62 what a switch. No wonder the stock was down about five bucks today. Wait a second, you mean all these analysts did was cut the growth rate by a couple of Percentage Points . Tremendous sales and earnings quotes. Not the company which is fabulous, a fabulous company, its under armour the stock which has valuation issues. Even after the severe decline, the stock is not traditionally cheap, selling at roughly 43 times next years numbers. The average stock is 17 times earnings. Under armour again is no average company. Its a superior company with superior attitude and state of mind. It is so good in so many ways that its difficult to imagine this one is anything other than an engine, a fount, of fabulous competitive products. I wear beautiful button down ua shirt to a party on friday. I wore my under armour pants this morning. Dont even try to take that stuff away from me. Companies have a history of relentlessly causing analyses to raise their numbers. Once the spell is broken and the people believe the growth is decelerating, momentum buyers flee because they have no idea how to value a stock with declining growth rate. Not as fast. Ive always regarded under armour as a Technology Company that happens to sell apparel. The Fitness Group has a whole ecosystem devoted to it which took on plenty of awards for wearables at the Consumer Electronics show last week. This companys tech edge makes it a dominant force. Thats not reflected nearly enough in the Morgan Stanley report. But to momentum investors it means nothing. They like to buy stocks with accelerating revenue growth. They will flock to lululemon which just preannounced a surprise, even as lululemon cannot hold a candle to under armour when it comes to innovation or technology. What could stop the brutal decline . If under armour can savage those estimates, the slashed ones, in reports later this month, it can break the downward trajectory. Walking this land of broken momentum, stocks at least, where sadly, happiness is just an illusion filled with sadness and confusion. Until this company can beat the numbers, the stock wont bottom until its genuinely cheap, and it wont be genuinely cheap until george in texas. George . Caller jim, thanks for all that you do. Im watching sketchers, im wondering if you still like it. Yeah, i like sketchers. But we always have to understand what kind of market were in. Were in a market where sketch certificates a speculative stock, therefore you put it away and recognize were in a market which is absolutely in bear mode, a ridiculous market for even the best companies, and sketchers is one of the best. So we can judge the company or judge the stock. The stock is not going to reflect anything good right now because the market wont let it happen. Tony in missouri. Jim, ive been watching your show for many years, i want to thank you for all your sound market advice. Thank you. Caller my question today is about target. Where do you see targets share price in the next six to 12 months . Its in my travel trust. It did fall down when they ported that last number, because the Online Business wasnt that good. That could change. In the meantime its not expensive and it has a good yield and i like retail in an environment where its cold and getting colder. All right. Jimmy was something, wasnt he . The fruits of love from momentum stocks are tumbling down. The heartache will continue. Much more mad money ahead. How is china impacting Companies Like alcoa . Im talking with the ceo. And tonights edition of the lightning round. Stick with cramer. Music throughout unlike ordinary diapers, pampers has three absorbent layers to stay up to three times drier. So your baby can sleep soundly all night. Wishing you love, sleep and play. Pampers you get a cold. You cant breathe through your nose. Suddenly, youre a mouthbreather. Well, just put on a breathe right strip which instantly opens your nose up to 38 more than Cold Medicine alone. Shut your mouth and say goodnight mouthbreathers. cell phone rings where are you . Well the squirrels are back in the attic. Mom . Your dad wont call an exterminator. Can i call you back, mom . He says its personal this time. If youre a mom, you call at the worst time. Its what you do. If you want to save fifteen percent or more on Car Insurance, you switch to geico. Where are you . Its very loud there. Are you taking a zumba class . Lilly. She pretty much lives in her favorite princess dress. But once a week i let her play sheriff so i can wash it. I use tide to get out those week old stains and downy to get it fresh and soft. You are free to go. Tide and downy together. Working on my feet all day gave me pain here. In my knees. But now, i step on this machine and get my number which matches my dr. Scholls custom fit orthotic inserts. Now i get immediate relief from my foot pain. My knee pain. I want to talk about a company with a stock that cant seem to get any respect in this market, alcoa, double a. This company acts like a hapless commodity maker. The extraordinary action of splitting in two, giving you both what is a profitable commodity producer and a highly valueadded aluminum Technology Company with an aerospace bent. I like the transformation although i am drawn more to the engineering side. Lets dig deeper with Klaus Kleinfeld to find out where the company is headed. Mr. Kleinfeld, welcome back to mad money. Hello, jim. Lets start with the businesses that will be part of the technically superior alcoa. Automotive, china, 2 to 5, heavy duty trucking, china, 1 to 4. If you want to be in alcoas markets, youll have a good year in 2016, because you happen to be in the right markets, particularly in china. Too bullish . Well, a little bit too bullish in the environment that would have expected that after last years finish, you know, we open up this year with so much confusion in the market. I mean, we know that the Financial Market swings stronger than the industrial markets. I think there is a lot of volatility in there and markets communicate. In general i would say yes, weve worked very hard to be positioned in the markets that have growth. And on top of it, we actually have an accelerated growth in their markets because we are alum nizing these places. In aerospace weve built our portfolios over the last year. All of our customers appreciated it and they put their money where their mouthed is. Weve got 9 billion in contracts, 4 billion in the last quarter alone. F150, biggest selling car in the u. S. For 39 years or so. And what is the new f150 . Its the Major Players all around the world, customers of ours. Were in those markets and were growing above those markets. This is good. I want to talk about alcoa and what it looks like now. I think its a mismatch. If you had broken into upstream two years ago, how much money would you have lost in this environment . You know what, i dont even want to think about it, because i think its something that would make everybody sweat. The very fact that we didnt do this, because we continued to work on it, we have made it better. You saw again this year productivity of 1. 2 billion, around half of this comes from the upstream. Once we had done with all the containments, i would say 40 of our smelting capacity is refining capacity, right . So we have really taken everything into our hands. Weve come down on the cost curve. Weve changed the architecture of the business. We didnt have an certainly bauxite business before. Weve started to do this last year and its working very, very well. Weve made our Energy Business independent from delivering energy to our facilities. All these things are things that enabled us to generate more profit and give us more flexibility and allow the separation we are doing at the second half of this year. Last quarter you talked about how its not a story of china flooding the world with exports at all. You were saying that alcoa could be at a deficit. Still possible, given the slowdown . Believe that. You will see in my later call today with the investors, we actually are taking the number off the aluminum deficit up for 2016, our forecast. We also believe theres going to be deficit on the alumina side. Others are doing the same thing. 6 increase for aluminum and the same thing on the alumina side. In china, the bauxite, their own bauxite capabilities that they have incountry is depleting further. Al malaysia has Just Announced a bauxite ban a week ago. Indonesia has a bauxite ban in place. A lot of things support the upstream business. In addition, weve made it better, its come down on the cost curve. Lets talk about the engineer portion. When i look at how much is aerospace, because youve made think about a company, i know this is really not initially analogous, but baxter, okay, so baxter has two businesses, its a healthcare business. Its got a business that it doesnt really want thats healthcare. It immediately splits it off, and within ten days it gets a bid. Why . Because it was undervalued. No one saw the hidden value within. When i look at the breakout of just aerospace, forget gas turbine, forget f150. I want that Aerospace Business. Isnt this, with this stock at eight bucks, if its still at eight bucks and you split these two, how can you not have that situation just because of the Aerospace Business . Youre absolutely right. You clearly see there is enormous hidden value in this. And we have uncovered the hidden value. It wasnt there many, many years ago. I mean, we basically changed the composition of the valueadd weve put a lot into innovation. Weve come up with really interesting innovations on those products we have. Weve doubled the content in jet engines, probably the most important component in aerospace, and the most important driving innovation on platforms. At the same time weve consolidated the position on aircraft structures with innovations like aluminum and lithium. Titanium is the largest growing metal in aerospace. With acquisition of rti, its worked out very well. You see it in contracts coming in. Rti, we wouldnt have had the opportunity, for instance, to win the c tracks for the 787 if we wouldnt have acquired rti. Our customers see that our portfolio in our in aerospace is so good. One last question, elliott certain things. Are they happy . You have to talk to them to find out whether theyre happy. All i can say, that the conversations have been very constructive, and frankly very much along the lines of how we are thinking, how im thinking. I think they see the same upside potential that we see. And we see it as a validation of the strategy that weve been apology. I was not surprised that they are coming in, and as i said, all the conversations so far are very constructive. Klaus kleinfeld, chairman and ceo of alcoa, thank you very much. Thank you. Mad money is back after the break. ugh. does your carpet ever feel rough and dirty . Dont avoid it, resolve it. Our formula with a special conditioning ingredient, its resolve, so you know it cleans and freshens. But it also softens. Resolve. A carpet that welcomes you. And to clean pet messes, try resolve pet expert. Ive got two reasons to take care of my heart. Thats why i take meta. Meta is clinically proven to help lower cholesterol. Try meta today. And for a tasty heart healthy snack, try a meta health bar. Degree motionsense is the worlds first deodorant activated by movement. As you move, fragrance capsules burst to release extra freshness all day. Motionsense. Protection to keep you moving. It is time for the lightning round. You say the name of the stock. I dont know the calls or the name of the stock ahead of time. I tell you whether to buy or sell. When you hear this sound [ buzzer ] then the lightning round is over. Are you ready, skeedaddy . Nick in ohio. Caller should i buy, hold, or sell groupon . No, its too early to touch that thing yet. Bob in michigan. Caller booyah, jim. What do you think of Epr Properties . I like it, since they got the casino angle. 6. 3 yield. That is the kind of stock i want people to buy. How about timothy in ohio. Caller hey, jimmy, how are you doing . Were looking at bpl i will not say anyone should own a Master Limited partnership in a pipeline company. Its way too much and i dont want you in it with me. My travel trust owns one and its been just nasty. Mike in florida. Caller happy new year, jim, i love your show. Thank you, mike. Caller xpo logistics. At another time or place, a perfect stock. Right now companies dont like the high yield market. Xpo is on hold right now, even though it seems cheap. Until the market changes coloration, stocks like this are not going to get any credit. Stephy in illinois. Caller jim . Yeah. Caller im asking about merck. We say no to merck. I enjoyed the interview with meg i think the play is pfizer in big cap tech. Nice yield and doing a good merger. Im not done. You think im done . Im going to scott in ohio. Caller trinity industries. The kind of a bear market stock right now because its connected with the rails. And the rails, as we see from csx, arent doing as well as before. Its part of the vast complex of negativity that engulfs this market. Tom in new jersey. Caller jim, i have a position in debon energy. It pays a very good dividend but the stock keeping going on. Debon is part of the oil and gas complex. Oil is not done as we heard from rusty brazil on friday. The domino effect, this complex could go still lower. I dont want to touch it until theres a 5 yield. That, ladies and gentlemen, is round. [ buzzer ] announcer the lightning round is sponsored by td ameritrade. Check this out, bro. Whats that, broheim . I switched to geico and got more. More savings on Car Insurance . Yeah brofessor, and more. Like renters insurance. More ways to save. Nice, brotato chip. Thats not all, brotein shake. Geico has motorcycle and rv insurance, too. Oh, thats a lot more. Oh yeah, im all about more, teddy brosevelt. Geico. Expect great savings and a whole lot more. Music throughout forget the saggy diaper cowboy walk dance freely in new pampers cruisers with three extra absorb channels. It doesnt sag and stays dryer. So dance, however you want in new pampers cruisers theres a more enjoyable way to get your fiber. Try phillips fiber good gummies plus energy support. Its a new fiber supplement that helps support regularity mmmmm, these are good nice work, phillips the tasty side of fiber, from phillips. Hey sweetie, its time. Eye of the tiger tv anncr good afternoon everyone. Morning rituals are special. When you share what you love. With who you love. Kelloggs frosted flakes. Theyre grrreat degree motionsense is the worlds first deodorant activated by movement. As you move, fragrance capsules burst to release extra freshness all day. Motionsense. Protection to keep you moving. The entire Pharma Industry is under fire. Some companies are feeling a level of heat that may not be justified, but its killing the stocks. One such company is horizon pharma. The company has been acquisitive but its also been innovating. The stock has gotten so cheap that some analysts are speculating its a breakup candidate. The market is unkind to drug and change. It got hit for a loss in todays trading. Even as its well above average growth. Lets check in with the chairman and ceo who is coming to us from the j. P. Morgan health conference. Welcome back to mad money. Hi, jim, thanks for having me on again, really appreciate it. The journal started again with the price increases. Could you please explain to our viewers while specialty pharmas are not something that you should be afraid of and not something thats driving the cost of healthcare up . The first thing is when you look at the average price that was discussed in much of the media, you have to factor in what the net price is to patients. So in our case, across many of our medicine, we use a lot of that money that is charged from money to create access. Our programs are purely designed to ensure that the patient gets the medicine their physician prescribed. And over 95 of our patients are paying less than 10 for their medicine, jim. Were trying to do the right thing to create that access. I think that it was reported today that the middle men are being hurt a little bit. Is that because horizon is getting more directly in touch with the customer and dont need a middleman or Healthcare Maintenance Organization that might not allow a drug to be given to the patient . You know, there have been some recently announced transactions like valiant and walgreens. For the most part we distribute our medicine to the large wholesalers. If there is any change in their business, it may be through some of their ancillary operations. But no change that weve seen in the wholesalers. Theyre the primary wholesalers that help us distribute the medicine. When youre talking about a rare disease, with those medicine we work through specialty pharmacies that help distribute the product and help patients gain reimbursement. Horizon is rapidly transforming into more of an orphan drug company. Thats good, but i actually liked the old company because it was consistent and made money. Why are we going to a company thats orphan when you offer drugs that are terrific . Well, jim, both are important. If you look at 2015, based on our guidance of 750 to 760 million in revenue, or 350 to 360, thats been fueled about 150 year over year in sales, that, generating strong cash flow thats going to continue our entrance into the orphan space, as you saw with our acquisition which give us us an or fast medicine which we believe we can rapidly bring into the organization and fits into our rheumatology unit. As we look at it, the orphan medicine is a great growth driver we can invest in products which give us a program that will read out in december of this year. That indication alone is a 500 million to a 1 billion a year potential opportunity for us, which will give you a lot of that sales and ebitda youre looking for. Talk to me about the fox chase studies on cancer. Youre talking about some cancers where the medicine had very little luck. I know its very early, can you want to pursue it with fox chase and why its actually something that could be within a couple of years fruition . Right. Fox Chase Cancer Center has been in the forefront of developing agents called pdl1 Checkpoint Inhibitors for concern cancer like Bladder Cancer and melanoma and others. Some of that preclinical data gave indication that interferon gamma 1b in our orphan Business Unit was shown to actually improve the response when pretreating. What we did was work with them to design a phase 1 trial to prove out that efficacy. We announced that we have gained an approval meeting, were going to start enrolling patients shortly. In those indications alone, looking at Bladder Cancer alone, melanoma and others, this could be an opportunity for us at horizon. Our long range plan is almost 2 as cancer. Do you need two or three more crialtos in order to get to that number . Importantly, we dont need any new companies or medicine to achieve our objectives. With our 265 million run rate in our existing orphan business, and our primary care business, those alone will help us achieve our 2016 objectives. Any other acquisitions we do are upside to the numbers weve reported previously. Thats terrific. Good to see you, sir. Thanks so much, jim, great to be on. This group is under fire. I think that these stocks will beaten up enough that they seem stick with cramer. Here in the city, parking is hard to find. Seems like everyone drives. And those who do should switch to geico because you could save hundreds on Car Insurance. Ah, perfect. Valet parking. Heres the keys. And, uh, go easy on my ride, mate. Hm, wouldnt mind some of that beef wellington. To see how much you could save on Car Insurance, go to geico. Com. Ah car alarm sounds its ok happy anniversary dinner, darlin can this much love be cleaned by a little bit of dawn ultra . Oh yeah. One bottle has the grease cleaning power of two bottles of this bargain brand. Sure, tradeable bottom or investable bottom. I want to see Capital Appreciation and not capital preservation. You saw my checklist, thats what matters to me. Theres always a bull market somewhere and i promise to find it for you right here at mad money. Im jim cramer. See you tomorrow. Its tuesday, january 12th, coming up on early today change is iny the wind. Proem president obamaing going into the his final state of the union address. National champions for the