March 16th - BRCD

Well I couldn't watch Cramer at 6:00 tonight so I only read the update, but it looks like I missed a good one. BRCD BROCADE COMM SYS closed at $5.76 tonight and went as high as $6.80 after hours, an increase of 18%. Apparently Cramer said right near the end of his show that people shouldn't pay over $6.00 for the stock. Now, the stock closed after hours at $6.18 and I don't think people are too happy about that comment! If I get up in time tomorrow (since I'm off work! Yeah!) I might short a 1000 shares anywhere above $6.20 since I think it will go up above the $6.18 close for all those people that didn't hear his $6 limit. I would then look for a .10 drop but might consider buying to cover in stages. Maybe 500 for .10 cents and the next 500 for maybe another .5 or .10 more. We shall see.