April 28th - WST HS TLK

Cramer's first pick was WST West Pharmaceutical Services Inc.

Closing Price: $35.62
After Hours High: $36.42
Percent Increase at High: 2.2%
Price Level Off Point: $36.25
Percent Increase at Level Off Point: 1.8%

This one already bounced off its 52-week high today, as Cramer mentioned. After the mention it has been taken up even higher. I think I just found out my next research and analysis for the coming weekend. I will take a look at all the stocks that were pushed to new 52-week highs on the Cramer mention and see how they perform the next trading day. Do they continue their momentum and make for difficult shorts or do they drop heavily due to profit taking? Having said that, it might not matter too much with this stock. The price increase isn't great, maybe due to its climb from the $30 range in the last month. Already a sign of profit taking?

Cramer's second pick was HS HealthSpring Inc.

Closing Price: $17.00
After Hours High: $18.46
Percent Increase at High: 8.6%
Price Level Off Point: $17.60
Percent Increase at Level Off Point: 3.5%

This one has come down from the $23 level in the last month. I did a comparison of the price charts for UNH and HS to see how dependent HS might be on its peers. They do trade in a similar fashion, so I would be a bit wary of another big up day for UNH on Monday propping up HS. If the stock only stays up .60 cents, I won't expect a huge drop. For a stock of this price I would be pretty happy with a .20-cent drop. I would definitely watch UNH in the morning Monday to see if/where it trades in the pre-market.


Cramer's 3rd pick was TLK Perusahaan Perseroan Perseropt PTelekomunikasi Indonesia tbk

Closing Price: $34.50
After Hours Price High: $35.49
Percent Increase at High: 2.9%
Price Level Off Point: $35.00
Percent Increase at Level Off Point: 1.5%

This one trades on they NYSE with pretty low average volume. It has had a big run up this year from the $26 level and the Cramer mention has just given it a new 52-week high, even though it didn't hold there. If the Idonesia market is as hot as Cramer says, and people are paying such a large premium for the Indonesia Fund he mentioned, maybe people will decide to go for individual stocks such as this one. Not really a big enough run up tonight to short yet. I'm curious to take a look at the numbers when it comes to new 52-week highs and Cramer picks to shed more light on this type of pick.

Update - NKTR HWAY MATR

Finally a Cramer pick traded with some volume in the pre-market today. NKTR Nektar Therapeutics opened at $21.40 at 8:00am and traded in a .10-cent range between $21.40 and $21.30. Right before the 9:30 open it slipped to $21.07, which represented the best cover point so far. The stock traded to its high of $21.50 at the bell and has been trading in a tight range again between $21.50 and $21.30, and briefly touched $21.25. The first drop, although not on huge volume, has occurred so it’s hard to know what will happen now. There was a big trade that happened at 9:57am with over 330,000 shares traded. Maybe a big short covering or some support? As I type, the stock has just reached new highs of $21.62. There could still be a decline coming, but at this point the best opportunity was in the pre-market.

End-of-day Update: So this one held on strong. An early cover when it dipped to the low $21's in the pre-market or a very well timed short near the tops would have been the only opportunites to get out of this one for a single day short. So not a great one today. Might have been the short interest in it prior to the Cramer mention that kept this one up. Also, the 330,000 at $21.46 share spike in the morning was followed by 3 big spikes of 60,000 80,000 and 200,000 right at the close at $21.51. Coincendence that these almost add up to the same amount of shares? The price difference of only .05-cents seems odd, but somthing to keep an eye on in the future. Maybe the Market Maker loading up or dumping?


HWAY which I applied the ANGO no short rule to appears to be a pretty good call so far. Another light trader in the pre-market where it hovered around last nights after hours price of $48.60. It fell right before the open to $48.23 and has gone back to the $48.70 - $48.60 range. This could still come down (or go up), but this is a pretty good example of why I came up with ANGO rule where I won't short a Cramer pick that doesn't go above the regular hours price before the Cramer mention. In this case HWAY traded mostly at $48.65 after Cramer picked it and the regular hours high was $48.70.

End-of-day Update: In the end a very good no-short call with HWAY. It climbed all day and closed above last nights after hours high.


MATR on the other hand is an example where the ANGO rule to not short didn't work out. This gives the rule about a 50% success rate. And if you ask me, it’s still a good rule. MATR opened at $30.86 at 9:30 after trading lightly in the pre-market but at the $31.50 level. It then went up after the bell to $31.22 a few minutes in and has drifted lower to $30.51. So an opportunity missed based on the rules, but a safer way to trade the picks.

April 27th - HWAY MATR NKTR

Cramers first pick was HWAY Healthways Inc.

Closing Price: $47.50
After Hours High: $48.83
Percent Increase at High: 2.8%
Price Level Off Point: $48.65 (Today's high during regular hours: $48.70)
Percent Increase at Level Off Point: 2.4%

He also had a second pick in the first segment on for a diabetes play. It was MATR Matria Healthcare Inc.

Closing Price: $30.34
After Hours High: $31.47
Percent Increase at High: 3.7%
Price Level Off Point: $31.20 (Today's high during regular hours: $31.30)
Percent Increase at Level Off Point: 2.8%

These both trade on the NASDAQ. They were both down today, $1.08 and $1.00 respectively. HWAY saw a high today during regular trading of $48.70, and the stock is currently trading below that after hours. This is another ANGO situation and therefore is a stock I won't short. MATR has also dropped below the daily high of $31.30, so once again the ANGO no short rule applies.

Cramers next pick was NKTR Nektar Therapeutics

Closing Price: $20.69
After Hours High: $23.00
Percent Increase at High: 11.2%
Price Level Off Point: $21.40
Percent Increase at Level Off Point: 3.4%

This one had a ridiculous rise on the Cramer mention to $23!! This one has a 20% short interest in it already. That's pretty high (and might explain the $23) and could cause some panic covering tomorrow morning when people check out their stocks. The stock is already drifting down quite a bit and is only .37 cents off its high for the day during regular trading hours. If this trades lightly in the pre-market tomorrow, I would look for a quick jump at the opening bell followed by a quick decline.

Cramer had on the CEO from UNH UnitedHealth. I don't look to short picks where Cramer has the CEO on and I wouldn't short UNH anyway. It has been down a lot in recent weeks, but is a big volume stock that can go up or down any given day and I don't think Cramer can have a big influence on the share price either up or down.

Update - AG GEHL ECOL COLY

AG AGCO Corp. traded lightly in the pre-market, but saw its high on its first trade at 8:12am at $24.44, right around where it was trading the most after hours last night. It stayed around the $24.25 range in the pre-market before dropping to $23.74 at 9:55am. This was a drop of 2.9% from the opening high, a good drop. The stock then had one more rise and fall where it found its low for the day at $23.37 at 10:47am. So the best possible short would have been a drop of 4.4%.


GEHL Gehl Co. also traded lightly in the pre-market where it hit $40.46, right around last nights high after hours. The stock dropped quickly at the open to a low of $39.65 9:37am. This drop represented a drop of 2%. It then shot up very fast to $40.64 at 9:48am. I didn't see any news for the pop, but maybe a pre-earnings buy when the stock came down, since it looks like GEHL reports tomorrow. The stock came down once again to $39.95 within the next hour.

ECOL American Ecology Corp. was the only of the 4 nuclear that I really watched. It didn't trade until 9:25am in the pre-market for some reason. It opened at $25.81 only .03 cents above yesterdays close and .77 cents below where it traded last night, so a short last night would have turned a very nice profit. The stock then climbed to $27.00 by 10:07am before it came down to $25.62 22 minutes later at 10:29am a 5.1% drop. Once again, a nice example of a psychological price point of a round whole number like $27 marking the beginning of the decline.


COLY Coley Pharmaceutical Group, Inc. opened at $16.05 in the pre-market, already .42 cents below last nights after hours close. I made a prediction that this would not hold the $16 barrier, and was right as it dropped to $15.60 at the opening bell. This one would have been tough after that point because the stock did climb from its low at the open to reach a high of $16.18. It stayed around the $16 level for the better part of the day before falling hard at the end of the day to a new low of $15.48. So a short from last nights close price would have given a best case scenario short of 6%.


BHP BHP Billiton Ltd. of note, even though I wasn't watching it closely, was down all day from last nights after hours price of $46.25. Its high for the day was only $45.13. There seemed to be some overseas pressure that brought this one down.

April 26th - AG GEHL (BHP CCJ FE ECOL) and COLY

Cramer had 2 picks in his first segment dealing with ethanol.
The first was AG AGCO Corp.

Closing Price: $23.78
After Hours High: $24.65
Percent Increase at High: 3.6%
Price Level Off Point: $24.45
Percent Increase at Level Off Point: 2.8%
Trades on: NYSE

The second ethanol pick was GEHL Gehl Co.

Closing Price: $38.90
After Hours High: $40.49
Percent Increase at High: 4.1%
Price Level Off Point: $40.30
Percent Increase at Level Off Point: 3.6%
Trades on: NASDAQ

These were both up today in regular trading before the Cramer mention. The one thing I don't like is that this is like oil and that it is big in the news now with the President Bush speech. The thing I do like (about the short side for these) is that these are not "best of breed" as Cramer mentioned. I'm inclined to stay away from these in the after hours since they might get some more momentum tomorrow if oil prices go up. Not to mention they are both holding up well after hours so I don't see any need to rush into a short tonight.

Cramer's second segment is to do with nuclear power and he is mentioning several stocks:

BHP BHP Billiton Ltd.
CCJ Cameco Corp.
FE Firstenergy Corp.
ECOL American Ecology Corp.

I don't really like the "basket of stocks" idea for shorting. There isn't a lot of action with any of the picks right now either. People probably have to take a bit more time in picking which stock they might want to buy blindly on the Cramer mention. With ECOL being the cheapest it might get the most attention. It has currently only traded 500 shares and is up around .80 cents, so could be a good short tomorrow if there is enough action.

So I had to take off before Cramer's last pick COLY Coley Pharmaceutical Group, Inc.

Closing Price: $14.92
After Hours Close: $16.47
Percent Increase at High: 10.4%

This one trades on the NASDAQ so it has some potential for me. Without any news this one won't hold its 10% gain. This looks like a long term play from Cramer and people paid up way too much. This one goes under $16...again assuming no new news. Of all the picks tonight this has the most potential in my opinion. There is a 10% short interest in this one so it may climb a bit early, but it still think it will struggle to hold $16.

Update - WWW DPZ FIX

WWW Wolverine World Wide Incorporated traded thinly in the pre-market (a recent occurrence really), but saw its high right at 8:00am of $25.20, right around where it closed last night in the after hours market. It drifted a bit lower towards the opening bell where it opened at $24.50, hit a high of $25.04 within the first minute of trading. It then went as low as $24.61 at 9:49am before reaching new highs for the day of $25.18 and falling once again to $24.82. So shorting after hours last night or first thing this morning would have produced the best results on this one, granted that you could get a short sale in with the thin trading this morning in the premarket. For me, after the first drop (from $25.20 to $24.50) the trade would be over. I never trust what the stock might do after that point.


DPZ Dominos Pizza Incorporated didn't trade at all in the pre-market as far as I could see People may have been more interested in Papa John's as it was profiled on CNBC this morning and their new oven technology. DPZ opened and climbed from $27.27 to $27.78 by 10:19am. It then dropped from there to $27.46 about 20 minutes later. So a short last night again would have given the best results since it hit a high of $28 and settled in around $27.70.


FIX Comfort Systems USA Inc. also traded very thin in the pre-market where it saw its high for the day of $15.40 at 8:47am, slightly up from last nights price in the after hours. It then opened at $15.24 and dropped to $14.90 by 9:46am. So, probably not a lot of opportunity to get a big volume short sale in, as it looks like the case with all 3 of the picks, but if one did it looks like they would have been successful.

April 25 - WWW DPZ FIX

Jim live from Michigan University! His first pick was WWW Wolverine World Wide Incorporated

Closing Price: $24.40
After Hours High: $25.69
Percent Increase at High: 5.3%
Price Level Off Point: $25.30
Percent Increase at Level Off Point: 3.7%

I actually shorted one of Cramer's recent shoe picks, CROX and it was a very fast and simple short. It also went down for days, if not weeks after. Cramer also picked SHOO on March 3rd when it was in the mid-30's. It is now sitting at $50. Unfortunately WWW trades on the NYSE so I will have to wait till 9:30am tomorrow to see if there is any shorting left in it.

To make a comparison, SHOO went as high as $33.70 after the Cramer mention on March 3rd, an increase of $1.33. It hit a low of $32.02 the next day. WWW went up $1.29! Pretty darn close if you ask me. This doesn't mean the exact same action will happen tomorrow, but I wouldn't be surprised for this to go below $25. FYI....SHOO had a dip in the pre-market, before a rising just before the bell and then went on a downward trend for the rest of the day.

Cramer had on the CEO from DPZ Dominos Pizza Inc.

Closing Price: $27.20
After Hours High: $28.00
Percent Increase at High: 2.3%
Price Level Off Point: $27.65
Percent Increase at Level Off Point: 1.7%

This one didn't go up too much. It was mentioned right before 6:30pm and the trading tends to slow considerably at that point (I think because some brokerages, such as mine, shut down at that time). This trades on the NYSE, so for me it would be another watcher until 9:30am. Anything around $28 would be a good short, but I don't see it going that high in the morning. Otherwise it is pretty deflated already and not much left to short.

Cramer's third pick was FIX Comfort Systems USA Inc.

Closing Price: $14.66
After Hours Price: $15.27
Percent Increase: 4.2%

Looks like someone bought this 16 minutes into Cramer's show....even though he didn't mention it for another 25 minutes or so. Too bad they paid $15.20 and really didn't make a great trade. Cramer said something along the lines of a $20 dollar stock masquerading as a $15 stock. When Cramer puts an actual price on his picks people tend to bid them up pretty well. So far, not really the case with FIX tonight as far as I can see. Since it is the cheapest of his picks I wouldn't be surprised for this one to have the most attention tomorrow of the 3 picks. Even so, I see it drifting back to the low $15 range.

April 24th - Repeat show

Mad Money is a repeat show tonight focusing on the top 10 manufacturers. I'm sure some people figured out when this show was first aired and are buying now before he mentions some stocks later in the show to sell into any hype that might happen. And yup, just noticed CMI Cummings is up $1.20! Now unfortunately for me, I'm pretty sure most of the picks tonight will trade on the AMEX or NYSE so I can't do anything after hours, (until I switch to Questrade!) and I'm pretty sure any opportunity to take advantage of people who didn't realize this is a repeat show will be gone before the 9:30am open tomorrow. I also notice they don't show that this is a repeat show otherwise people will change the channel!

Update - GD AIR PPDI

So all 3 of Cramer's picks from Friday traded very thinly in the pre-market this morning.

As of 9:28am:
GD 1100 shares traded
AIR 3600 shares traded
PPDI 1303 shares traded

Not a lot of room there to get a big enough short in. All 3 picks are well off their highs now, so if one had a chance to short it would have been a good day. I had my eye on PPDI since it was the only one that traded on the NASDAQ, but its first trade didn't even happen until around 8:30am. Since trading didn't pick up until the open at 9:30am I had given up on it by that point. Its pretty safe to say that if there is such little interest in buying the stock in the pre-market that it is unlikely it will hold its gains, since it was up over a dollar, but with so few people willing to pay that much I doubt I would be one of the lucky ones to have my short sale go through. And I wouldn't really want to get stuck having only a partial order get filled and need to stock go down a lot more on fewer shares to make a profit.


AIR:
GD:
PPDI:
]

April 21 - GD AIR PPDI

I wasn't able to watch Mad Money "live" tonight so I only read the recap and skimmed through my DVR recording. One of his picks was GD General Dynamics Corporation

Closing Price: $67.88
After Hours High: $69.50
Percent Increase at High: 2.4%
After Hours Close: $68.51
Percent Increase at Level Off Point: 1.0%

Trades on the NYSE, too rich for me, and didn't hold very well after hours. Also, the after hours close is below the regular hours high...so the ANGO rule does apply so its just one more reason I have no interest in shorting this one.

Cramer's second pick was AIR AAR Corporation
Closing Price: $28.19
After Hours High: $29.27
Percent Increase at High: 3.8%
After Hours Close: $29.14
Percent Increase at Level Off Point: 3.4%

Another NYSE stock. This again isn't overly interesting even if I could short it. Another day of rising oil prices could hurt this stock since it is an airline play. Chances are oil will come in a bit....I would think! So that could give AIR a boost since it was down today during regular hours. Probably will drop in the pre-market to below $29.
Cramer also picked PPDI Pharmaceutical Product Development Inc.

Closing Price: $36.94
After Hours Close: $37.93
Percent Increase at High: 2.7%

The price gain was nothing to write home about. I can't find all the info on the after hours action, but the message board on yahoo! was very quiet on this one too which shows little interest in this one. If that is the case and it still went up a dollar, there is a good chance that it won't hold and could be a good short. The higher end of my price range, but so was SGMS from today and that one went red a few times today. Of all 3 of the picks, I will keep my eye on this one and with no news over the weekend or Monday morning, this one could go back to the $37.50 range in my opinion.

Update - EMKR SGMS FSL

So all 3 of Cramers picks from last night had some great price dropping action. Too bad I got tied up and couldn't trade anything!

EMKR went to $11.44 at 8:10am and drifted slowly downward until the bell where it dropped pretty quickly and hit as low as $10.93 just after 10am.

Update: EMKR was the only pick of the 3 that didn't go in the read today! It saw its low for the day of $10.72 at 3:31pm. Someone who posted a comment today said there were no shares to short this morning for EMKR. I was under the impression that that was broker specific? Meaning that 1 broker may be able to find shares to borrow while others can't?



SGMS saw its high of $39.42 at 8:03am and was as low as $38.60 by 9:55am.
Update: SGMS hit a low of $37.85 at 3:17pm.


FSL saw its high of $32.20 at 8:19am and was as low as $31.42 by 10am. So the ANGO rule didn't really apply to this one. So far the rule has been good twice and not so much twice. I still feel it is a good rule and a safer way to play the picks when this scenario comes up.
Update: FSL hit a low of $31.24 at 3:14pm today.


Of note, SGMS and FSL traded rather thinly in the pre-market compared to EMKR. Once again, the interest is going to be in picks that are "cheap".

____________________

I would say this down day for Cramer's picks probably had more to do with oil hitting $75 per barrel as opposed to him making bad picks since there was no news that I saw for any of these picks. Either that, or people were putting their money into Google!

April 20th - EMKR SGMS FSL

Cramer's first pick was SGMS SCIENTIFIC GAMES Corporation

Closing Price: $38.60
After Hours High: $39.90
Percent Increase at High: 3.4%
Price Level Off Point: $39.55
Percent Increase at Level Off Point: 2.5%

This one was pushed to a new 52-week high on the Cramer mention and is hovering around the psychological price barrier of $40. Personally the price is on the high end of my range for shorting, since it would limit the number of shares I could short. I would be surprised for this to go over $40, and see it hitting the low $39 level tomorrow morning if there is no news for the company reported.

Cramer's second pick was EMKR EMCORE Corporation

Closing Price: $10.50
After Hours High: $11.59
Percent Increase at High: 10.4%
Price Level Off Point: $11.35
Percent Increase at Level Off Point: 8.1%

This one also hit a new 52-week high after the Cramer mention. This has some very good short potential. I would see it going down to the low $11 range tomorrow morning. Since my research shows that there is very little difference in shorting after hours vs the pre-market, I hope this one will climb back to the $11.45-.50 range for a short. There is a 10% short interest already in the stock, so anyone that wakes up tomorrow and notices this spike might cover and bring the price up to that $11.50 range if not higher. I will certainly check INET tomorrow morning and see what the buy/sell ratio looks like before a short. If there are a lot more buyers I would expect a run up to the opening bell before the decline. I would continue with my conservative approach and look for only a .10 to .20 cent drop to cover.

Cramer also had a third pick tonight FSL Freescale Semiconductor Inc

Closing Price: $31.42
After Hours Price: $32.09
Percent Increase at High: 2.1%

This is the ANGO rule again (see my shorting rules on the right sidebar for info on this rule - last rule on the list)! The daily high for the stock was $32.25 and the after hours price right now that I can see is only $32.09! Even if it does go higher after hours I am still applying the ANGO rule, which in short means....I'm not going to short it!

Update DJO

I just noticed that my post last night for DJO didn't get published! Not a huge deal since I wasn't very interested in it, but still! I also mentioned that I wouldn't be touching HAL since it is oil and expensive. But here is the outcome with DJO:

I didn't really watch DJO much today since I wasn't that interested in it as a short. It hit its high at 10:28am of $40.05. It then declined for the rest of the day going to its low near the end of regular trading of $39.21. From the chart, there was a pretty big runup at the opening bell, with very little action in the pre-market. Would have been a tough call to short in the morning since there didn't appear to be much action until the bell.

Update - ARDI GOL WPSC

So ARDI @ROAD INC was a good one today.

Pre-market Open: $5.85
Pre-market High $5.97
Time of High: 8:06am
Pre-market Low: $5.83
Time of Low: 8:39am
Regular Market Open: $5.94
Current Price: $5.63 **and low for the day

So I got a short in at $5.95 and was able to cover during the pre-market for a modest .10 cent gain by covering at $5.85 on 1000 shares. So yes I could have held out for more, but I am not one to look back on a profitable trade.


I wasn't watching GOL Linhas Aéreas Inteligentes S.A. really this morning, but it opened above its level off price from last night. It opened at $34.49 in the pre-market and went as high as $34.96. It has since tumbled to a low of $33.80 in regular trading at 10:18am. It is currently trading just above $34. So a short early in the pre-market would have returned a nice gain after some nervous moments I'm sure when it went near $35. Even a short last night at the level off point of $34.12 would have given a .32 cent gain on the short side.


And the ANGO rule paid off again for WPSC WHEELING-PITTSBURGH. The stock which only saw $23.20 after hours last night hit a high of $25.55 this morning. It did have a considerable drop from that point, but it would have been tough to call the high. Anyone that shorted it last night would be underwater still by the looks of it. I'll say it again....I will never short a stock that doesn't go above its daily high after the Cramer mention!

April 18th - GOL ARDI

Cramer's first pick tonight was GOL Linhas Areas Inteligentes S.A.

Closing Price: $33.18
After Hours High: $34.84
Percent Increase at High: 5%
Price Level Off Point: $34.12
Percent Increase at Level Off Point: 2.8%

This trades on the NYSE so once again I can't short it after hours but if I could I would have considered doing it in the after hours here since it is already dropping steadily. This stock was at the $25 level on March 28th of this year, so it is up pretty substantially already. This seems pretty ripe for a pullback. It may close over the $34 level tomorrow, but I see it dipping below there at some point early tomorrow.

Cramer's second pick was ARDI @Road, Inc.

Closing Price: $5.39
After Hours High: $6.10
Percent Increase at High: 13.2%
Price Level Off Point: $5.90
Percent Increase at Level Off Point: 9.5%
Short Percentage: 3.7%

So this one shot up above $6 before Jim said that he is afraid it will hit $6 with after hours buying! This one has some good short potential. Anything over $6 tomorrow morning I think would be a good short for a quick trade. Some recent history with "cheap" stocks and the time of their highs that produced good short entry points the next day:

AVNX	10:02AM	$2.78
GEMS	8:09AM	$5.83
BKHM	9:45AM	$8.49
VTSS	9:35AM	$3.37
MSPD	8:00AM	$4.02
BRCD	8:00AM	$6.29
FNSR	9:44AM	$5.00

Cramer also had a 3rd pick tonight during a Break The Analyst segment. The pick was WPSC Wheeling-Pittsburgh Corp.

Closing Price: $22.39
After Hours price: $23.20
Percent Increase: 3.6%

I don't like this one. The high for today was $23.96 and the Cramer mention only took it to $23.20. What I like to call my ANGO rule I will not short picks where the stock didn't go higher then the daily high after Cramer mentions it.

April 17th - Repeat show

So Cramer had another repeat show tonight. He had 6 mineral plays that I'm sure people still bought after hours tonight, but these are very established stocks that also all had pretty good days today by the looks of it anyway. A few went up a bit after hours, but nothing worth shorting in my opinion. Hopefully Cramer has a new show tomorrow night!

Update - ELP OXY

EPL opened in the pre-market at $26.65, right around where it closed on Thursday. It then drifted lower to as low as $26.16 at 8:42am. But then at the opening bell there was a HUGE spike up to $27.95!!! Crude oil did touch $70 a barrel but that was well before 9:30 from what I understand. My chart for this morning shows a bunch of trades at $27.95 after 9:30 all the way till 10am even though the price was dropping below that price. So I assume my chart is a little messed up this morning, but I confirmed elsewhere that the opening price was $27.95. the price dropped from the opening spike to as low as $26.31 at 10:16am and has risen back to $26.60 since. So I hope Tbone who commented that he shorted at $26.65 was able to cover for a nice profit before the opening spike. The news out this weekend about Iran and their nuclear program would have had me a little worried over the weekend had I shorted as it did have an effect on the oil price.

With OXY this morning, anyone that shorted on Thursday at the $97.75 level had a chance to get out because the stock traded below that level for the first 30 minutes of the pre-market for what would have been slight gains. The stock then continued to climb to as high as $99.17 by around 11am. This rise again would I'm sure be attributed to the rise in oil price.

When to short? After hours or pre-market?

So I took a look at the data I have collected to date and came up with some numbers to look at about comparing the price after hours and the opening price in the premarket. I did this because I wanted to know if I am missing out if I wait until the pre-market to short. Now I only started collecting some of the info specific to this just recently (29 picks worth) so its not really info to make decisions on but worth a look. The after hours price that I am using is the price that the stock leveled off at during Cramers mention of the stock (after the initial few trades that are typically way too high). This of course would be the easiest time to short due to the high volume of buyers.

Of the 29 stocks:
11 of them opened lower the next morning by an average of .17 cents.
18 of them opened higher the next morning by an average of .18 cents.

So, in the end there is nothing wrong with shorting in the after hours even though the stocks do open higher more often then not (keeping in mind the limited data) because the price will come down at some point.

Of course it is possible to short at a higher price during the after hours if you are very fast with the shorting trigger finger and the results would probably swing in the favor of shorting after hours.

Personally I like the shorting during the pre-market. It means I don't have to hold overnight and risk news coming out late in the after hours or early in the pre-market (like DXCM). I can also take the time to read the message boards, check the short percentage etc to form a more rounded idea of what the price might do in the morning. I don't doubt shorting in the after hours is profitable, I just like to try to take out as much risk as possible.

April 14th

Being a holiday, Cramer had what I'm pretty sure was a repeat show. People have bid up stocks mentioned on repeat shows before, but in this case, since the market wasn't open either, there is really nothing to blog about tonight.

Hopefully if I have some time this weekend I will do some more number crunching and see if I can find anything interesting to post research on.

April 13 - I'm not going to short oil! (OXY EPL)

Cramer is talking about oil tonight. His first stock was OXY Occidental Petroleum Corp.

Closing Price: $96.31
After Hours Price: $97.75

I'm not going to touch this one with a short with a 40 foot poll! As I have mentioned in the past, shorting stocks that are based on commodity prices such as oil is not a good idea because anything can happen to the underlying commodity at any time. And to make this even worse, a long weekend! Anything can happen over a weekend with oil.

His second oil stock was EPL Energy Partners Ltd.

Closing Price: $24.35
After Hours High: $26.78
Percent Increase at High: 10%

Once again, don't want to touch this, even though it went up 2 bucks, not to mention it trades on the AMEX and I can't short after hours. Its funny to watch the price movement as words come out of Cramer's mouth. He said something about this being one of the best picks and the price shot up .20 cents just like that. This probably has some short potential since it keeps rising in price, but it would be insane to do so before the long weekend. Something to take a look at next week.

Update - ORCC CERN

So my prediction for ORCC going to $13.50 came through. ORCC dropped to $13.41 at 9:33am after reaching a high of $13.75 in the pre-market at 8:34am, a 2.5% drop. Not bad if you ask me. Of course, shorting last night during the after hours could have produced even bigger shorting gains.

CERN traded very thinly at the start of the pre-market where it opened at $45.88. It went as low as $44.81 at 9:58am. A gain of 2.3% on the drop, however if shorting in the pre-market it would have been difficult to get a sale in. The majority of the trades occurred in the $45.30 range, so with enough buying power this too could have been a good typical short. My trades had I shorted would have been done on these 2 stocks now. The drop in price was achieved and I move on to the next day.

April 12th - ORCC CERN

Cramer's first pick was ORCC Online Resources Corp.

Closing Price: $12.99
After Hours High: $14.47
Percent Increase at High: 11.4%
Price Level Off Point: $13.90
Percent Increase at Level Off Point: 7.0%
Short %: 4.08%

Cramer gave his warning tonight that if you pay up after hours his old hedge fund friends will be short selling shares to you! It dropped about .10 cents right when he said that. This stock trades at very small volume (130,000 average) and hasn't really moved in price this year. This looks like a good short anywhere around $14 for a quick short tomorrow. Unfortunately I have an appointment tomorrow so don't feel comfortable shorting tonight or tomorrow because I won't be able to give it the full attention required. I wouldn't be surprised for this to see $13.50 tomorrow if there is no new news. Heck, it might even hit $13.50 tonight the way it is looking, but not likely.

Cramer's second pick was CERN CERNER CP

Closing Price: $44.54
After Hours High: $46.76
Percent Increase at High: 5.0%
Price Level Off Point: $45.50
Percent Increase at Level Off Point: 2.2%

This one is too rich for me and not enough of a sustained runup in price to make it worth while.

Update - OPWV AVNR

OPWV hit its closing price from after hours last night of $22.10 and is currently falling to the $21.70 level. I still don't think this is a great short since it is still around yesterdays price levels before the Cramer mention.

Update: Well, OPWV continued its downward momentum after the opening bell. It reached a low of $21.00. So much for my cautiousness on this one. But I want to stick to my rules, even though this one didn't quite fit the rule 100% I still felt it was best to stay away from it.



AVNR had a nice drop from the $14.60 range all the way down to $14.10 in the pre-market. It is slowly working its way back up. I don'’t see a lot of support for this right now as INET shows more sellers than buyers, but the stock is only up .57 cents right now so I think the downside is now limited. The best play would have been to short early in the pre-market at the $14.70 because there was plenty of opportunity to do so.

Update: The stock did climb at the opening bell before touching $14.98 (a psychological level no less! Even though people had no problem pushing this over $15 last night) and falling back down for what could have been a good short to the $14.50 level. I am definitely gun shy this week after my last 2 shorts caused me some anxious moments. But sitting on the sidelines this week has made me miss out on several good shorts. Unfortunately I have an appointment tomorrow morning so I can't even short even if I wanted to. Then the market is closed on Friday!

April 11th - OPWV AVNR

Cramer's first pick was OPWV Openwave

Closing Price: $20.90
After Hours High: $22.41
Percent Increase at High: 7.2%
After Hours Close: $22.10
Percent Increase at Close: 5.7%

I'm not liking this one too much because the high of the day during regular trading was $22.08, so Cramer's mention has only brought it back near (although slightly above) that level. I decided not to short ANGO for the same reason and that was a very smart move on my part.
Now, after seeing the closing price after hours, this only ended up .02 cents higher then the high from today. My rules say that this is not a good short and I am going to stick to that. I could be wrong and this thing could drop but why risk it. If this is anything like ANGO before it, this could run up to well into the afternoon before it sinks, but calling the top that late in the day would be too hard.

Cramer's other pick was AVNR AVANIR PHARMACEUTICL

Closing Price: $13.84
After Hours Close: $15.18
Percent Increase at Close: 9.7%

I see there was a 1 for 4 reverse split on this stock not to long ago so this was trading at $4.00 then. And the historical prices stopped in mid-March at $15.17, almost right where it is now. The switchover to the NASDAQ exchange has obviously messed with some of the historical data for this stock for the time being. Having said all that, a 10% gain is a lot for a Cramer mention. I will keep my eyes out for any FDA news in the morning and consider a short on any spike in price early in the morning.

Update - NUVA AV

**My analysis of Cramer's picks tonight will likely be late again tonight.

NUVA was a bit of a yawner this morning during the pre-market. There were more sellers than buyers (according to INET) so the price never really took off like I was sort of expecting based on previous Health sector picks. The stock basically tanked at the opening bell going from $18.65 all the way down to $17.85, a drop of 4.3%. The speculation in this pick must have scared people away and not given this the normal Cramerite buying support. I stayed away from attempting to short this because I kept waiting for the the price to pop up and never got it.

Update: The low for the day was $17.50 which was a drop of $1.15 from the highs today and a drop of $1.75 from the after hours high last night. So the max possible short would have been a gain 9.1%. I also left the volume on the chart below to show how thinly it was traded in the pre-market.


AV saw a decline right from the beginning of the pre-market all until after the opening bell. The stock opened at $11.53 and fell to $11.15, a drop of 3.3%. It opened at $11.45 at 9:30, which is the earliest I could have shorted it, thus reducing the drop percentage from my standpoint.

Update: The low for the day was $11.02 representing a max shorting gain of 4.4% from the high.


So, both of these stocks could have seen very good results from shorting during last nights after hours trading, as any point this morning.

Check out the chart comparing both NUVA and AV from this morning.

April 10th - NUVA AV

I was only able to read Cramer's recap tonight since I was out during his show. One of the picks was NUVA NUVASIVE, INC.

Closing Price: $17.30
After Hours High: $19.25
Percent Increase at High: 11.3%
Price Level Off Point: $18.75
Percent Increase at Level Off Point: 8.4%

Even Cramer himself said this is a very speculative stock, but that didn't stop people from bidding it up. The stock was at $21 just a few weeks ago which is concerning. ANGO from a few weeks had also been beaten down from some bad news and Cramer's mention pushed the stock up very high, and it has stayed strong. If you take a look at the spreadsheet a few posts below, take notice of the health "time of high". Of the stocks that I noted the time for, none peaked right at 8:00am. They all made runs upward towards the opening bell at 9:30am before they had their fall....the perfect time for a short :). I would look for this to test the high from the after hours tonight of $19.25.

Cramer also picked AV AVAYA INC

Closing Price: $10.98
After Hours Close: $11.58
Percent Increase at Level Off Point: 5.5%

This trades on the NYSE so I can't short during the premarket. Cramer's other telco plays have been decent short plays (BKHM and MSPD which he mentioned according to the summary I read that yielded 8.1% and 6.5% drops from their highs respectively). I will keep my eye on this one but isn't my first choice due to my limitations in trading it.

Cramer's first pick was NOV National Oilwell Varco. It is far to expensive for me, and even though Cramer says it isn't tied with oil prices, I'm sure that it is influenced by it anyway. So bottom line, this one is not for me.

Update - FLWS CRYP CHTT

So I was a little too cautious today. I tried to short 700 shares of FLWS at $7.90 since the price was creeping up to that level near the 9:30am open today but it never quite made it. I was very conscious not to chase the price today because I could have got a short in at $7.80 if I had just lowered my sell price. The low of $7.51 (so far) was hit within the first half hour of regular trading and could have been a nice profit. I was a little surprised to see this one climb as it did before the opening bell. It did have a dip right at the beginning of the pre-market from $7.75 to $7.56. I am certainly kicking myself on this one.
Update: FLWS closed the day at $7.76. This shows me, once again, that after the inital drop from its high that it is a crapshoot as to where it might go next and why I prefer to only do my shorting of Cramer's picks the next day for the inital drop, and not bother with it after that.


CRYP had a big drop all the way to just after the opening bell from $28.20 to $27.30. It has since moved back up to the $28 level. Since this one had climbed after hours I was a little concerned, but it looks like it would have been a good trade. So the last 2 stocks that have climbed in the after hours instead of levelling off have produced rather large drops the next trading morning. KRY if you recall climbed after hours, and then in the pre-market it went from $5.50 down to $4.90 before going back up again. Definitely something I will have my eye out for next time.


CHTT traded very thinly in the pre-market, but declined quite a bit until the opening bell where it has been a little up and down. Since there was so little trading, it would have been hard to get a short in because of the large gaps in the bid and ask prices.
Update: CHTT closed near its low for the day after hitting its high of $38.45 at 10:19am. The stock closed at $37.64.


If anyone is checking for my analysis of Cramer's picks tonight, it will be a little late this evening.

More analysis

I have compiled most of my data here in this spread sheet. Some of the times of high are missing because I wasn't always taking note of it in the past.

Of the 72 picks tracked here (since late January) 38 of them are below the highs produced in trading the day after Cramer mentioned them, as of Friday. That's 53%. Why is this important? Because several people say that it is much better to short stocks a few days after Cramer has mentioned them when the hype dies down and people begin to sell. But shorting a few days later would only give you a 50/50 chance that the stock will go down. By shorting the next day (or during after hours when Cramer mentions) all of the stocks come down off their highs. This method is certainly not perfect either because it involves timing the short which is not always easy. But only shorting the day after the mention also mean you limit the chance for news to come out that may drive the stock up even more.

The chart below only takes into account price movement during the next day (premarket and regular hours) and not the after hours during Cramer's show. So, some of the highs would actually be higher because often there is a very large spike in price right when Cramer mentions the stock before it settles down.

Looking at the numbers, the higher the price of the stock tends to mean the least profitable for a short. I have mentioned many times that when the prices are higher, people don't want to buy them because they can't afford as many shares so they wait for a cheaper one to buy.

Also, the Services Sector appears to have the least drop in share price from highs achieved from Cramerites buying. Most of the stocks from that industry were higher priced stocks which might attribute to the differnce. Some of them didn't go up that high after the mention, and therefore there was less opportunity for the price to come down.

Otherwise, the other sectors have average drops from their highs of around 5% (excluding financial which doesn't really have enough data to get a very good average).

* Rule made not to short in this example. The high after Cramer's mention was below the high for the day. See My Shorting Rules link on the right side.

**KRY's high was actually at the end of the day. But if a short was done at the premarket open at $5.50, there was a big decline at 9:30AM that would have produced the 10.90% drop.

ZZ Update

Just a quick note on ZZ Sealy Corporation's IPO that occurred Friday. I had this on my watch list all day but I didn't see anything but stock code not found. Then watching CNBC that night I saw the ZZ symbol move on by. It ended up opening at $17.50, went as high as $18.20, went as low as $17.30 and closed at $17.50. So, anyone that bought on Cramer's "permission" to buy under $18 to ride to $20 certainly hasn't made the quick buck yet. That's not to say it won't get that high, but I don't think this is what Cramer had in mind. I briefly had a poll question up to get peoples opinion about whether Sealy would hit $20 on the first day of trading. Although I didn't keep the poll up very long (page loading issues) the majority of people thought it would hit $20.

April 7th - FLWS CRYP CHTT

Cramer's first pick tonight was FLWS 1-800-Flowers.

Closing Price: $6.99
After Hours High: $8.05
Percent Increase at High: 15.2%
After Hours Close: $7.59
After Hours Percent Increase: 8.58%

This trades at pretty low volume on average and has 8% of the shares shorted already. Personally I don't see people being very excited about this pick. It feels a lot like TOPP from earlier this week. Even with the growth that Cramer mentioned and low p/e ratio, I think its low because people don't care about this stock. It just isn't a "sexy" stock. I see this one going down right at the premarket open and hope it hits the high $7 range for a good short.

Cramer's second pick was CRYP CRYPTOLOGIC INC.

Closing Price: $26.16
After Hours High: $27.95
Percent Increase at High: 6.8%
After Hours Close: $27.86
After Hours percent Increase: 6.5%
Short Interest: 8.14%

This one climbed steadily in the after hours. People must have liked what they heard. This is very unusual for Cramer picks. Normally he mentions the stock, it spikes up really high and then settles down. The initial high after the mention was $27.75 and settled for a minute to $27.50 before it climbed to the high $27's. The most recent stock that followed this trend was KRY from 2 days ago. With his first pick a more obvious short for me, I would just stay away from this one.

Cramer's third pick was CHTT CHATTEM INC

Closing Price: $37.17
After Hours Close: $38.60
After Hours percent Increase: 3.85%
Short Interest: 13.59%

The increase after hours isn't great. The price is a little high for my taste. So this would also not be my first option to short. This was a play on a stock that is out of favor because it is a "defensive" stock for the current economy. This type of stock will come back into favor once, as cramer says "the hot stocks sectors fall apart" it will see its day. Having the stock go up almost 4% tonight really doesn't make sense for right now then. Once again, one to keep an eye on, but FLWS is going to have my main focus.

FD Chart

Even though I said I had no intention of trading FD today since I couldn't afford to short very many shares, it could have been a worthwhile trade. It opened at $78.40 in the premarket, up $1.04 from yesterdays close and even slightly above where it traded after hours yesterday. The stock then declined for the rest of the day and closed down .75 cents to $76.61 for a total drop from its high of $1.79 or just over 2%. Even on shorting 100 shares this could have been a decent trade. This decline may have had more to do with economic data and/or the news they will be selling Martha Stewart merchandise at their Macy's and Bloomingdale's chains. Regardless, I'm thinking it might be worth looking at one of these higher priced stocks the next time Cramer mentions one. They still get a good pop in price, at a lower percentage increase, but equal in dollar amount it seems. Then, since there is probably less "Cramer demand" the price is more likely to fall with regular trading patterns taking over more quickly.

Recent Analysis

Here is some compiled research into the times of highs in Cramer's picks that would have given the best short entry point and the respective industries of the stocks. I plan on adding to this current prices as well as sorting by Industry and other factors that I can come up with.

INTX High 9:27AM Sector: Financial Industry: Credit Services
OSIS High 8:00AM Sector: Technology Industry: Semiconductor Equipment & Materials
MATK High 9:11AM Sector: Healthcare Industry: Biotechnology
FNSR High 9:44AM Sector: Technology Industry: Networking & Communication Devices
ANGO High 2:45PM Sector: Healthcare Industry: Medical Instruments & Supplies ***Rule made not to short - See My Shorting Rules (Link on the right)

AVNX High 10:02AM Sector: Technology Industry: Semiconductor - Integrated Circuits
SLXA High 10:17AM Sector: Healthcare Industry: Diagnostic Substances
BRCD High 8:00AM Sector: Technology Industry: Communication Equipment
MSPD High 8:00AM Sector: Technology Industry: Semiconductor Equipment & Materials
DXCM High 10:25AM Sector: Healthcare Industry: Medical Instruments & Supplies
FTEK High #1 8:41AM, High #2 2:00PM Sector: Industrial Goods Industry: Industrial Electrical Equipment ***the 2nd high was higher than the first

SNTS High 8:53AM Sector: Healthcare Industry: Drug Manufacturers - Other
PPCO High 9:31AM Sector: Healthcare Industry: Drug Delivery
GEMS High 8:09AM Sector: Technology Industry: Processing Systems & Products
TOPP High 8:00AM Sector: Consumer Goods Industry: Toys & Games
ICON High 8:00AM Sector: Consumer Goods Industry: Textile - Apparel Footwear & Accessories

TOMO High #1 10:08AM, High #2 12:20PM Sector: Technology Industry: Wireless Communications ***The 2nd high produced a much larger decline

KRY High #1 8:00AM, High #2 12:00PM, High #3 4:00PM Sector: Basic Materials Industry: Gold ***The first high produced the best decline

BW High 11:03AM Sector: Basic Materials Industry: Industrial Metals & Minerals

April 6th

Cramer's first pick was ZZ Sealy which is about to have its IPO so its not even trading yet. I watched the THI Tim Hortons IPO pretty closely and it would have made for a good short. I don't see the same sort of demand for Sealy as I would for Tim Hortons since I know people I work with who know nothing about stocks were talking about Tim Hortons IPO, but maybe its a Canadian thing. And I don't see this as a Biadu IPO, but shorting an IPO isn't something I am really interested in. Jim says buy under $18 and that it will go to $20. I might watch this one to see if Cramer is right and see if a short at $20 would have worked.

The second pick was UniCredit, a stock that only trades in Europe. Since I can't even trade after hours on stocks that trade on the NYSE or AMEX you know I can't trade this one either :)

The third pick was FD Federated Department Stores Inc. It trades at $77.36 at todays close and is over $78 after hours. Given my limited buying power this is too rich for me. It would have to drop too much to be profitable for me. Not to mention it is only up just over 1%. Stocks that are this "expensive" (really a relative term in stocks, but I am referring to the actual price of the stock without looking at the p/e ratio) don't typically go up too much on Cramer mentions because people aren't as willing to buy 10 shares of this compared to 100 shares of a much cheaper stock.

Update - KRY BW

Well, KRY had a low of $4.90 and a high of $5.72 during regular trading hours today and it ended on the upward side at $5.69. Just did a quick glance at Cramer's radio recap for today and his stop trading segment and there was no mention of KRY insane run today. I don't doubt that the stock could go to the prices Cramer has mention because anything is possible, I just hope people don't get burned if he is wrong. So like I said before, there was a short opportunity here if you got in last night or early this morning to catch the dip at the opening bell, but with so much buying it was too hard for this one to fall for long. But why the selloff right at the opening bell? My guess would be people taking profits thinking this had no chance to hold. I would feel sorry for them since it did go back up even higher.....but they probably made at least 20% since Cramer mentioned it last night!


BW was another high roller. It hit a high of $26.43 at around 11am today (an increase of $3.43 for the day at the time or almost 15%). It went as low as $25.02 at 3pm before climbing back up to close at $25.90. With perfect timing there were some short opportunities but they were way to risky for me.

FYI, I tend to put a line on the chart for the high of the day to see where the best possible short point could have been.

Quick Note

Make sure you read the comments posted on some of my recent posts. Some good insight from a fellow trader to read!

Also, KRY went down pretty heavy at the open to $4.90 and shot right back up to the $5.30 range. I hope anyone that shorted last night or this morning took that as their chance to cover. Had I shorted, the trade would have been over for me at that point.

BW had a run up at the open, fell for a bit and ran up again. This could be like yesterdays TOMO and hold pretty well till late in the session and cool off.

Update - KRY BW

Although I have no intention of trading either of the 2 picks from last night, I am still very interested in them. KRY has over 355 orders on INET this morning already (normally I see far less than that) and it looks like there is decent support to hold this over $5 for at least a little while. The price is holding firm at the $5.40 range after going as high as $5.55 briefly. I think Cramer is going to have a busy day today taking heat from a lot of people who think its ridiculous that he drove the stock up 25%.

BW on the other hand is all over the board this morning. It hit a high of $25.14 but is drifting around $24.80 on very light volume. I think people are far more interesting in throwing their money at KRY this morning. Its hard to get a grasp on BW and what it might do today. Its up $1.90 so far or around 8%. It probably won't hold but could run some more. Yesterday with TOMO it was up $2.15 at one point yesterday and closed up only $1.58 after going as low as $1.15 up. But shorting based on that comparison alone would be a mistake.

April 5th

Cramer's first pick was BW Brush Engineered Materials Inc. It trades on the NYSE so I won't trade it.....but I probably wouldn't anyway since Cramer's other mineral plays have done well in the past.

His second pick was KRY CRYSTALLEX INTL CP. Firstly this trades on the AMEX so I can't trade after hours and secondly its under $5 so I can't short it at all. I certainly wouldn't short gold stock either. A lot like Natural Gas, the price of the commodity changes every second and influences the prices of stocks more then Cramer does I would think. Having said that, I just looked at the after hours numbers....the stock is up 22.6%!!! So it is now over $5 so I could short it during regular hours but won't. Cramer said this stock could double or triple, but I don't think he meant tomorrow. This one will come down I'm sure when people take their big profits.

If he mentions a third one tonight I will post later....but it sounds like he is playing "Am I diversified".

TOMO update final

My final analysis on TOMO is this. Like most Cramer picks with no supporting news, this one came down a lot from its highs for the day. The one difference with TOMO today was that the surge lasted a little longer than normal. The only thing I can attribute to this would be that the pick was a Chinese Internet play which people seem to like and bid up a lot. The other thing might be the short interest in the stock before today. I'm sure there was some panic cover buying that may have helped the surge last longer, but by no means a big multi-day short squeeze since the price started declining after half a day. I think the simple and smart thing to do would be to avoid Chinese Tech plays for now. So today really came down to timing. I certainly was left with my pants down had my short gone through even though I could have got out with at least a break-even but I probably would have been a wreck all day :) As of typing this, the stock hit its daily low at $27.74.

Of note, I think the selling increases in early afternoon when people see the price declining and figure it best to get out, thus accelerating the decline. The only thing that stops the decline is people that maybe waited to get in and see the decline as a good place to get in, or people averaging down if they have any money left!

Final low for the day: $27.70.

TOMO Update 3

Well....mud on my face. TOMO shot up right before the bell even more, over $28 and hasn't taken much of a breather. I guess I'm not that upset my short didn't go through, but I still don't see this holding its gains. It hit a high of $28.70 and is now sitting around $28.35. In my research, on some occasions 10:30am marks a decline point for some runs.....maybe this will hold true here as well. If I shorted I would hate to have to hold this long to cover, but patience has worked every time but ANGO. If there was some news for TOMO then I would be worried, but as of right now this is just hype if you ask me.

TOMO Update 2

So I tried to put my money where my mouth is! I put in a short order at $27.93 since the price did climb from the $27.50 range. But my order was rejected due to lack of shares to short! Now, the price hasn't reached $27.93 yet and is declining a bit more away from that now so I may never have been filled. The high only reached $27.84.

It looked like fishing today. The asking price just stayed higher then the bids and people were so egar to bid that they just kept going up and taking the bait. This looks a lot like the other day with PPCO....and PPCO dropped like a rock right at the open. I wouldn't be at all surprised if the same thing happened here....if it hasn't started already. I think this will go to the $27.30 range early after the bell farily easily.

TOMO Update

So, there is a pretty wide gap in bid/ask price this moring with TOMO. I am watching with some interest since the big gap might cause people to start bidding up and causing an increase. It is already trading at last nights high which is unusual for recent picks, and opened even higher then lasts nights initial surge after the mention. I'm really on the fence with this one right now. It will either stall out here or I think it could have a big run before the bell (which I would then short).

April 4th - TOMO

Cramer's second pick tonight was TOMO TOM Online Inc.

Closing price: $26.55
Increase today during regular hours: .50 cents (1.92%)
High after hours: $27.55
Percent Increase to high: 3.8%
Price leveled off at: $27.36
Percent Increase to level off point: 3.1%

I'm not overly excited about the price increase on this one for short potential. Most picks go up at least 5% so this one sitting in the 3% range isn't great. I will probably not consider a short on this one but will look to see if all the gains from tonight are erased tomorrow much like TOPP and ICON today. I will take a look at this early in the premarket to see if it opens near its high tonight. I would make a prediction that it would not hold long unless there is some news for the stock.

Interesting note: Cramer's first pick was FIZ National Beverage Corp. It trades on the AMEX so I don't normally follow these. He compared this to Hansen HANS, which sorta seems like the Google of soft drinks. HANS has gone up around 100 points in the last year so I could see people jumping on FIZ thinking it will do the same like Cramer is suggesting. Even if this were on the NASDAQ exchange I think I would steer clear on shorting this one.

TOPP and ICON update

So I had a short order in before the premarket today with the hopes that there would be an early spike and I could catch the wave down. I set my order a little too high unfortunately and it didn't fill so I cancelled. TOPP opened at 8:01am at $9.29 and went to $8.85 by 10:40am only a measly .10 gain from Cramer's mention. The stock has since climbed back up to $9.00 but the play is over for me at this point. After the first morning of Cramer's picks who knows which way they might go. Reason being that you never know if the good things that made Cramer recommend the stock will force it up, or if all the over-excited buyers will give up and sell. Either that, or Cramer was just plain wrong and the stock goes down.



ICON I didn't take too much notice in this morning. It opened in the premarket at $15.95, went to $15.47 before a spike up to $15.91 and then a slow decline all the way to as low as $15.13 (which happens to be yesterdays close price before the Cramer mention). So, once again a short very early in the premarket would have returned a nice short term short.

Interesting to note though. Both of these stocks lost most if not all of the price jump after the Cramer mention! TOPP came within .10 cents of yesterdays close and ICON hit yesterdays close. I haven't really noticed this before, but it is certainly encouraging for anyone shorting Cramer's picks!

April 3rd - TOPP ICON

Cramer's first pick was TOPP Topps Co. Inc.

Closing price: $8.75
High After Hours: $9.69
Percent Increase to high: 10.7%
After hours close: $9.21
Percent Increase at close: 5.26%

This one screams short to me. This is obviously a long term play since Cramer was talking about if its a good baseball season and long term stock buy backs. He said his price target was $10 or $11 and since it almost hit that after hours I don't think there is any way this will hold near $10 if it gets there by tomorrow morning. As I type the stock is still falling. I think if anyone decides to pay up tomorrow morning any where near $9.50 it would be a short opportunity.

Cramer's second pick tonight was ICON Iconix Brand Group Inc.

Closing price: $15.13
High after hours: $16.54
Percent Increase to high: 9.3%
After hours close: $15.93
Percent increase at close: 5.29%

This one was moving after hours already since it made an acquisition after the bell today. Normally the buying company goes down, but this was up today before Cramer's pump. I think this will have an early spike and decline tomorrow, but my first choice to short tomorrow would be TOPP.

GEMS update

Well GEMS opened up this morning in the premarket and saw its high of $5.83 at 8:09am. And if you look at the chart it slowly fell the rest of the day, closing only .06 cents from its low at $5.36. Now I didn't short because I said I was looking for closer to $6 which for me meant I was looking for $5.95. As I was watching it this morning it stuck around the $5.80 level long enough that a short at or around that price could have been possible (assuming my broker had shares to borrow of course). So hindsight shows this one was easy pickings. But the great thing about this is, even if you miss a good one today.....Cramer is on 5 nights a week :)

March 31st - GEMS

Cramer mentioned a stock named GEMS Glenayre Technologies, Inc. on Friday night. Here is the data I found for its after hours price action:

Closing price $5.25
Up .06 cents during regular hours trading (1.16%)
Closed at $5.74 after hours
Percent Increase 9.33%

This one looks shortable......BUT....the segment of the show where this was mentioned was how this stock has some really good technicals right now and could be ready for a breakout. But even so, does this deserve to go up nearly 10% in one night? The stock has been slowly climbing from the $3 range since around September. Cramer also mentioned good fundamentals for the stock as well and a few bullish/positive reports. I would look to see if this hits $6 and if so could be a short point. I could see a lot of people taking profits around $6 since it would represent a climb of nearly 100% in a short amount of time. This one just feels a little risky to me, but hitting $6 would mean a gain of just over 14% and I don't see it holding that. If I did short, I would just look for a .10 cent drop to cover....no sense in holding short too long!