By Stockpickr Staff
Posted at 11:58 a.m. EDT on May 12, 2009

Making headlines on Monday was General Motors (GM) after executives sold 205,000 shares over the past several days. The stock was down 33 cents, or 23%, to $1.11 at midday on Monday.

Also on the losing side was Bank of America (BAC), down 29 cents, or 2.2%, to $12.65 following reports that the company raised $7.3 billion by selling the 13.5 billion shares it owned in China Construction Bank.

With this in mind, we thought we'd take a look at some of the stocks in the news lately and see what Jim Cramer's had to say about them.

These stocks could be in the news for a number of reasons. Some require immediate attention; while others may not. Regardless, it never hurts to hear what Cramer (or any of the other professional investors on the site) has to say about them. The key is to gather as much information as you can in order to make the most informed investment decisions you can.

In a May 11 post to his RealMoney blog, Cramer wrote:

"Breathtaking advances followed by almost as breathtaking declines -- that seems to be the new pattern.

"Take JPMorgan Chase (JPM) -- does that stock ever trade in increments less than a dollar anymore? The stock reminds me of a powerful Nasdaq networker in the late 1990s. Same with Wells Fargo (WFC) and Bank of America.

"Much of that is the bizarre effects of ETFs, chronicled better here than anyone else on the web -- or off it -- by Eric Oberg, a former managing partner at Goldman Sachs (GS) who worked in derivatives.

"Or take the housing-related stocks: Black & Decker (BDK) just ran to $40 a week ago and now it's back to $33. Huge gobs of points in a couple of days. Same with Whirlpool (WHP). Amazingly bizarre moves.

"Or how about the three or four point moves you now expect from Devon (DVN) or Apache (APA)? These remind me of Dome Petroleum during the mid-1980s -- you know that's the double ETFs at work.

"These are incredible moves, ones that demand limit orders. They shock me because they intimidate retail buyers who are not traders.

"I believe that a sustained advance ultimately will be blunted by what is perceived to be "phony" moves by these stocks brought on by some sort of manipulation.

"Be aware these swings have become a part of the firmament for what at one time were quiet small-increment movers. You have to take them into consideration every time you place an order to buy or sell a stock."

(Editor's note: At the time of publication and/or original publication of his posts and shows, Cramer owned Wells Fargo, JPMorgan and Goldman Sachs for his Action Alerts PLUS charitable trust.)