May 31st - TNE HXM AMX TTM CIB

Cramer's first picks were a basket of 3rd world stocks. They were TNE HXM AMX TTM CIB

Closing price TNE: $13.12
High: $13.49
Level off price: $13.40

Closing price HXM: $32.58
1 trade at $33.27

Closing price AMX: $32.66
High: $33.00
Level off price: $32.95

Closing price TTM: $16.80
High: $17.49
Level off price: $17.35

Closing price CIB: $27.00
High: $27.62
Level off price: $27.50

All trade on the NYSE.

Nothing spectacular after hours as can be seen above. Again I don't like the "basket" picks because people don't like to think, they just want one stock to buy. One would think the "cheaper" picks, namely TNE and TTM would be the ones to look at for shorting. Cramer highlighted TTM back in February. The price then was $17.98 and is only at $17.35, but it has dropped heavily in the last few weeks (no real surprise there) from the high $21 level. The price for TTM does seem to swing wildly on any given day with both up and down. Last time it was highlighted it saw a high of $17.98 and a low after the high of $17.60, but I didn't track the time of the high then.

TNE being the other cheap pick doesn't have a huge % up tonight, only 2.1%. And it is also trading below its high from today so its an ANGO no-short rule again. I said after today and NTGR that I would never question that rule and I'm not going to change that.

So even though Cramer said these stocks don't care about rate hikes in the US, they are still bought and sold by people who are effected by rate hikes. Since Cramer is making fewer picks (no picks in his first segment that last 2 nights now) and is picking stocks from outside the US I get the feeling that he thinks the market has not bottomed. The last few up days we have had have been followed shortly after with big down days. I have a feeling we have a down day tomorrow which will help pull these ones down....but just a hunch. But with any of the picks, I would look out for a spike between 9:25am and 9:45am followed by the quick decline.

Update - ENB NTGR

ENB climbed from the opening bell from $31.03 and and had an initial peak of $31.87 by 9:45am. It then fell to $31.27 by 11:11am. It did have another higher peak followed by an even lower low than the first, but the trade would be over before the 2nd run had a chance to take off. The stock did trade mostly above last nights after hours prices. Very likely a result of the stronger market today, although the drop in oil didn't seem to hurt this stock. Even though there was an opportunity here, shorting oil related stocks isn't a good idea. Imagine if this were an up day for oil??

With NTGR, although there was 2 spikes early I still followed the ANGO no short rule (see My Shorting Rules link on the right hand side for details on this rule). NTGR saw a low of $22.50 (.18 cents higher than lasts nice price range) right at the opening bell before an initial high of $23.13 at 9:31am. It then came down to $22.80 at 9:39am before going for another spike up to $23.59 (although that spike was short lived but on high volume in that minute of trading). A low of $22.88 was seen after the second spike before NTGR trended up again. Bottom line with this, I will never even consider going against my ANGO no short rule even if it isn't perfect.

May 30th - ENB NTGR

Cramer's first pick was ENB Enbridge Inc.

Closing Price: $30.47
After Hours High: $31.40
Percent Increase at High: 3.1%
Price Level Off Point: $31.20
Percent Increase at Level Off Point: 2.4%
Trades on NYSE
Sector: Basic Materials
Short %: 0.26%
Days to Cover: 8.1

An oil stock here, so one to stay away from in my opinion. It was up .80-cents today already and oil is holding strong above the $70 level. Low short percentage but 8.1 days to cover due to low regular volume of this stock. I do think Cramer's opinion for this to see $40 is very optimistic and won't happen anytime soon unless this new exposure really helps it. Now a long time ago (before I was tracking his picks closely) he did highlight ENB. I seem to recall he was playing stump Cramer and he was stumped (maybe on his radio show). He then did some DD and highlighted the stock. So with Cramer having thousands of stocks in his head, and this one being a new addition it is pretty clear this stock isn't well known. So, people may sell into the spike and force this to come down, I don't want to bet against oil.

Cramer's second pick was NTGR Netgear Inc.

Closing Price: $21.86
After Hours High: $22.70
Percent Increase at High: 3.8%
Price Level Off Point: $22.32
Percent Increase at Level Off Point: 2.1%
Trades on NASDAQ
Sector: Technology
Short %: 13.3%
Days to Cover: 5.0

Unfortunately this is an ANGO no-short rule here for me. The daily high for NTGR was $22.88 and it is only trading at $22.35 after hours so the Cramer mention hasn't given it a boost above that high. I think the this one will come down to the market tomorrow. A down day will bring this down, an up day and who knows. Even with the no-short rule (that is only effective less than half the time I have called it) I will watch this one come 9:30am tomorrow and see if there is a spike from its pre-market price. It would take a very big spike for me to go against my rule.

May 29th - Holiday Monday = Repeat Show

So another repeat show today, and not a surprise. Cramer is talking about retirement plays, and of course without any after hours trading there really isn't anything to look at tonight. I also think it would be highly unlikely for any of these picks to do a whole lot tomorrow in terms of a Cramer price spike.

May 26 - Repeat show

Another repeat show tonight for Cramer...and I think a pretty old one too. I guess Jimbo is taking an extra long long weekend. Safe bet that Monday will be a repeat show too.

Update - BMRN

BMRN opened in the pre-market with light volume at $13.34, right around the highs from last nights after hours price. It dipped right before the bell before going up to $13.33 right at 9:30am. It then went and hit its low for the day of $13.00 by 10:40am. It did spike right at 11am and shot up to a new high of $13.44 but the trade should have been over before that had a chance to happen. So not a lot of opportunity to short in the pre-market but some good opportunity to short in the high $13.20's to ride down.

Although I didn't watch them today and didn't consider any of them as great short candidates, here is a brief look at K, PEP, TOL, GENZ, GILD and CELG:

K - Open: $47.23
1st peak: $47.37 at 10:08am
Low after peak: $47.22
% drop: 0.3%

PEP - 1st Peak and Open: $60.71
Low after peak: $60.36
% drop: 0.6%

TOL - Open in the pre-market around last nights price of $28.80 and only hit a low of $28.57 afterwards. It then climbed from there and hit a high of $29.28.

GENZ -1st peak: $59.95 at 9:30am
Low after peak: $59.00
% drop: 1.6%

GILD - 1st peak: $56.26 at 9:28am
Low after peak: $55.25 at 9:33am
% drop: 1.8%

CELG - 1st peak: $43.03 at 9:37am
Low after peak: $41.05 at 3:14pm
% drop: 4.6%

So some decent numbers on some of the biotech picks (keeping in mind CELG was up before Cramer mentioned it last night). Most saw the opening bell spike and drop but were all a bit pricey and didn't see much pre-market action which makes them hard to read.

May 25 - K PEP TOL GENZ GILD CELG BMRN

Cramer's first pick tonight was K Kellogg Co.

Closing Price: $47.12
After Hours High: $47.50
Percent Increase at High: 0.8%
Price Level Off Point: $47.45
Percent Increase at Level Off Point: 0.7%
Trades on NYSE
Sector: Consumer Goods
Short %: 1.63%
Days to cover: 2.3

Hardly any increase in price here on very light volume. Cramer mentioned a few stocks before settling in on Kellogg as his actual pick. Not really an exciting play here, but it is slowly creeping up after hours but still nothing to consider for shorting yet.

His second pick in the first segment was PEP Pepsico Inc.

Closing Price: $60.56
After Hours High: $61.00
Percent Increase at High: 0.7%
Price Level Off Point: $60.94
Percent Increase at Level Off Point: 0.6%
Trades on NYSE
Sector: Consumer Goods
Days to cover: 1.4

Again, very light volume and very little price increase. Not much to say about this one either. Is Mad Money not being shown at 6pm Eastern time in some areas?!?! Anyone?!?! Or just not a market people want to buy into right this minute?

Cramer's next pick was TOL Toll Brothers Inc.

Closing Price: $28.43
After Hours High: $28.89
Percent Increase at High: 1.6%
Price Level Off Point: $28.85
Percent Increase at Level Off Point: 1.5%
Trades on NYSE
Sector: Industrial Goods
Short %: 11.6%
Days to cover: 3.6

Finally a bit more volume here, probably because the price of the stock is a little more affordable than his first 2 picks, but still not an overly compelling story here and probably the reason for such a small increase in price once again. Is it just me or is Cramer picking very boring stocks...for what I think to try to make people stop buying right away because the market hasn't been doing well and he doesn't want to destroy anymore people??? Bigger short percentage here, but big daily volume reduces any squeeze potential, not to mention the small price increase probably won't scare many existing shorts. Again....nothing great here.

Cramer had a basket of biotechs and they were GENZ GILD CELG BMRN.

BMRN BioMarin Pharmaceutical Inc. is the cheapest of the picks only trading at $13.00 at the close today.

Closing Price: $13.00
After Hours Price High: $13.39
Percent Increase at High: 3.0%
Price Level Off Point: $13.31
Percent Increase at Level Off Point: 2.4%
Trades on NASDAQ
Sector: Healthcare
Short %: 11.6%
Days to cover: 8.3

Pretty big short percentage here with 8.3 days to cover so. Another up day tomorrow could easily hold a lot of stocks up. The gains after hours aren't holding very well right now but of all the picks this is really the only one any potential. CELG was up in the after hours before Mad Money so don't get fooled into thinking the increase is based on Cramer buyers. GILD and GENZ are a bit too pricey for my taste and are only up 1.0% and 1.3% respectively after hours.

May 24 - Oil Food Chain

Cramer's show was all about oil. He talked about oil from the ground to the pump and the best stocks involved and they were NOV (rig), NBR, RDC, GSF (drillers), SII (drill bits), GRP (drill pipe), HYDL (blow-out prevention), ACO (drilling fluid), WFT (drilling tools), SPN (production), FTI (servicing), and TTI (decommission).

As far as I can see none of these really got bid up after hours very much or at all. Only his first few picks (NOV and NBR) had any volume to speak of. People must be losing too much money lately to want to buy picks blindly right now. Hopefully this isn't the end of shorting Cramer's picks! Without much of a bid up there isn't much to speculate on for shorting not that I want to short oil anyway, even though a lot of the picks aren't "pure plays" as Cramer mentioned, but at a quick glance they do tend to trade along with oil stocks such as XOM.

Update - SAFM

So Cramer's pick of SAFM might get the award for WORST TIMING EVER. Cramer tells his viewers that bird flu is dead and to buy chicken again and bad news was coming out or already out as he was recording his show. Amazingly the stock traded to a high of $30.38 in the pre-market this morning at 8:44am before tanking just after the bell. Did people actually buy this morning after the news from yesterday? I might not be that up to date on the whole bird flu thing but I'm pretty sure that when the WHO can't come out and say human to human spreading of the disease can't be ruled out after several people apparently died that way is pretty big news. The concerned people I assume are the ones that probably sold ASAP at the opening bell as the stock went down to $28.69 by 10:08am, a drop of 5.6% from this mornings high and a drop of 7.5% from the after hours high last night of $31.00. The stock did recover a bit from its lows and closed at $29.30.

May 23rd - SAFM

Cramer's first segment featured 15 stocks that are big into buying back their own shares. These were all pretty big name stocks. He did rank his top 5 to give people more focus on which picks to are best, but none are worthwhile to short in my opinion. The other thing to worry about with big names is the eventual turnaround in the market. Today looked like the day with lots of green on my screen until late in the day. I think these bigger names would perform very well in the event of a turnaround. And on top of all that...I just checked in on Nokia and there is hardly any trading after hours and its only even with the 4pm close! Is the show not being aired everywhere?? Very odd.

Cramer's second segment featured SAFM Sanderson Farms Inc.

Closing Price: $29.80
After Hours High: $31.00
Percent Increase at High: 4.0%
Price Level Off Point: $30.30
Percent Increase at Level Off Point: 1.7%
Trades on NASDAQ
Sector: Consumer goods
Short Interest: 28.1%
Days to Cover: 8.9

BIG short percentage here already but the stock hasn't held gains after hours tonight so far. The small increase after hours might not scare any existing shorts to cover, but it might just take a few to bid it up to start a run tomorrow when they notice. This is also trading below today's high so this is an ANGO no short rule. Today's high was $30.87 and it is only trading in the $30.20 range now. In the end, given the short percentage and the ANGO situation (although it is only right less than 50% of the time to date) I would stay away from this one personally.

Having said all that, On The Money after Mad Money tonight lead with a piece about bird flu! Not so much out of the news I guess! Regardless of how serious this recent case of human to human bird flu (sounds kinda serious to me) it can't help SAFM I don't think.

May 22nd - Repeat show

Cramer did a general show on Alcohol, Tobacco, and Firearms tonight. I'm pretty sure this is a repeat show because it looks familiar. So these picks might be bid up tonight but I don't bother to track them because I would hope that most people would realize that it is a repeat show and be somewhat rational. So I wonder if Cramer is away this week?

Update - TLAB GGC

So I didn't get a chance to look at how other Friday picks normally react come Monday morning but after TLAB and GGC my comment that I have noticed them fall right from the pre-market open was pretty reflective here.

TLAB opened in the pre-market at $14.10 on only 200 shares, .30-cents down from Fridays after hours price. It went up right away from that point and briefly touched its high of $14.38 at 8:27am. It was then downhill from that point reaching a low of $14.00 by 10:07am. There wasn't really a big spike at 9:30am as has been seen recently, I assume because the air was out of this already.


GGC hit a high of $31.15 in the pre-market at 9:07am on light volume. There was also no 9:30am spike as the stock fell steadily to a low $29.95. So after trading at the $31.30 after hours Friday this is a very big drop. The stock is actually in the red now, so it has lost all of the gains that Cramer created for it. Of course the market is down today so that is probably the cause, but it could also be that the stock was up a lot on Friday before he mentioned it.


So, 2 picks on a Friday that go downhill for the better part of the pre-market and into the regular hours on the Monday and no 9:30am price spike. So the question is: Short after hours on Friday and risk weekend news or wait till Monday morning and try to catch a high early? Still something I want to look into more when I get a chance so hopefully I will do that before this Friday.

Analysis Chart Updated

Below is a chart of Cramer's picks that I have tracked broken down by sector. The prices shown are from the next trading day after Cramer mentioned a stock including the pre-market. The chart does not include after hours prices right when Cramer picks a stock.

The ones with no "Time of High" are ones that I wasn't keeping track of time for at the time and wasn't saving the 1-day chart for and was before I created this blog. All the new picks should have a time. Also, the "Price Low" is always a low after the high.

May 19 - TLAB GGC

Cramer's second segment feature 5 stocks: FCX, HAL, JPM, TLAB, and BA. Of these 5, TLAB Tellabs Inc. is the one with the most appeal due to its price (the only one below $40).

Closing Price: $14.02
After Hours High: $14.47
Percent Increase at High: 3.1%
Price Level Off Point: $14.44
Percent Increase at Level Off Point: 3.0%
Trades on NASDAQ
Sector: Tech - Communication Equipment
Short Interest: 2.53%
Days to Cover: 1.8

Not a great increase in price after hours. I don't normally look at "basket of stocks" plays because it doesn't allow people to focus on a stock and bid it up, but TLAB might be worth a look. I've been meaning to look at Friday picks to see what they do come Monday morning, but haven't had a chance. What I noticed recently though was that they tend to drop early in the pre-market. I assume this might be due to people forgetting about it over the weekend. I would look for another 9:30am peak and drop if it holds up around the $14.40 level or above.

Cramer's next pick was GGC Georgia Gulf Corp.

Closing Price: $30.10
After Hours Price: $31.34
Percent Increase: 4.1%
Trades on NYSE
Sector: Basic Materials
Short Interest: 7.95%
Days to Cover: 4.8

GGC was up 7.4% today before Cramer mentioned it on 3x normal volume so the cat seems out of the bag on this one. I assume Cramer has done enough homework on this one and I have done none, but what if GGC has hedged their Natural Gas purchases at higher prices then what it goes for currently? Would that not negate the ability to increase margins? Anyway, the basic Materials sector has been a good one for shorting with a 5.8% drop from highs on average from my data. This one is climbing a lot after hours, so given that short percentage and days to cover this looks to be causing some pain to existing shorts. I could see the peak going past 9:30am on this one as there might be some covering early and often. This is sure to come down at some point since it is up 11% in one day, but it might be a hard one to time.

Update - Q SHLD

Q Qwest Communications International Inc. followed the recent trend today of trading above the nights before price and dropping at or within the first few minutes of regular hours trading. Q traded in the pre-market mostly above the $6.50 level reaching a high of $6.56 at 9:11am. At 9:26am it was trading (although lightly) at $6.55 before hitting a low for the day of $6.31 at 9:31am. Huge volume was seen in the first minute of trading of 1.1 million shares where the quick drop was seen. So a very decent drop in my opinion with a pattern that is becoming very regular.

SHLD also had a big drop at the opening bell going from $158.90 to $154.20 at 9:47am. So not something normally considered for shorting but did show the normal drop pattern. Hard to say if this was really a Cramer influence or not. The stock did rebound and close much higher on the day.

May 18th - Q SHLD

Cramer's first pick was Q Qwest Communications International Inc.

Closing Price: $6.21
After Hours High: $6.73
Percent Increase at High: 8.4%
Price Level Off Point: $6.52
Percent Increase at Level Off Point: 5.0%
Trades on NYSE
Sector: Tech
Short Interest: 3.66%
Days to cover: 4.3

Wow. A cheap stock and people didn't bid it up 20%. This is a really bear market isn't it?? With the action today, and all three of Cramer's picks from yesterday opening higher in the pre-market then they traded in the after hours the night before, I would look for a similar occurrence tomorrow if this continues to only trade up .30-cents. A good opportunity to see if there is a 9:30am spike and look for a top within the first 10 minutes of trading.

Cramer's second pick was SHLD Sears Holdings Corporation. Way to rich for my blood and not really a good short candidate based on Cramer picks with high prices, not to mention it is well known.

Update - QCOM OII CHS

QCOM went slightly above lasts nights price action first thing this morning trading around $47.60 and reaching a high of $47.70 at 8:37am. It then went down for the rest of the day and and closed near its low at $46.35 ending in the red for the day. Although the market fell off late in the day QCOM was red before the sell off began.


OII also opened in the pre-market a little above last nights level off trading price opening at $69.28. It then rose up to 72.03 at 9:46am before taking its initial dive and going to $69.60, a drop of $2.43! It did go lower near the end of the day with the market sell off, but for me the trade would have been done after the first substantial drop (even though I wouldn't short it because it is a play on oil).


CHS traded very thinly in the pre-market but also above last nights trading range. People must have woken up this morning thinking the market had bottomed. After trading around $29.68 last night this only saw a low of $29.92 in the pre-market, rose to $30.63 at 9:42am and had a drop to $29.90 by 10:54am. So this traded a lot like OII did where the peaks were both very close in time. This also gives an example where shorting after hours last night would not have turned out very well, since the stock did not trade very close to lasts nights price action. It seems crystal clear these days that waiting for the 9:30am spike is a good way to play the picks. And if there is no spike, move on to the next day.

May 17th - QCOM OII CHS

Cramer's first pick was QCOM QUALCOMM Inc.

Closing Price: $46.90
After Hours High: $47.80
Percent Increase at High: 1.9%
Price Level Off Point: $47.33
Percent Increase at Level Off Point: 0.9%

This one is a little too well known for my taste. And even though the tech sector is, on average, a good sector for shorting when Cramer mentions them, there really isn't a big enough jump after hours. The high for the day was $47.81 so this is also an ANGO no-short situation, but given the big down days we have had this isn't a surprise. I think in a situation where everyone is selling, people probably aren't too excited to pay up a lot for a Cramer pick. Shorting this would be more a bet that the market will be down again tomorrow, not playing off the Cramer mention, so not something I am interested in personally.

Cramer's second pick was OII Oceaneering International Inc.

Closing Price: $68.46
After Hours High: $69.24
Percent Increase at High: 1.1%
Price Level Off Point: $69.15
Percent Increase at Level Off Point: 1.0%
Trades on NYSE
Sector: Basic Materials

Oil inventory numbers out today showed a decline in demand due to the high prices. Even though this is oil services it still trades with the price of oil, as can be seen running a comparison chart between OII and OXY over the last 5 days. So even with the "possible" decline in oil prices due to the lowering of demand one of my trading rules is to not short oil and I am not going to deviate from that (not to mention it is too expensive for my taste and there really isn't a big price jump either). Just noticed some odd trading after hours. Looks like someone got some shares right at the closing price of $68.46.

Cramer's third pick was CHS Chico's FAS Inc.

Closing Price: $29.05
After Hours Price: $29.68
Percent Increase: 2.2%
Trades on NYSE
Sector: Services

The services sector hasn't been great for shorting with looking at my data. Stocks with similar price such as FCFS saw a high of $35.75 the next day and dropped to a low of $33.92 (sorry, no time for the high) and DPZ went from $27.78 to $27.46 (time of high 10:19am). Drops of 5.1% and 1.2% respectively. Considering we only have an increase of around 2% right now anyway its hard to think of this as a great opportunity. Much like I mentioned above, shorting this would be more a bet on the market being down big again tomorrow. I'm not saying that won't be the case, but not what I look for here.

Update - SMSI

So not to toot my own horn, but I made a pretty good call on SMSI. I predicted a jump at the opening bell followed by a quick decline and that was the case here. SMSI opened at 8am at $12.43 right around last nights price action. It then declined to $12.20 by 9:07am before making its run-up to the opening bell and hitting its high of $12.55 at 9:37am. It then dropped to an initial low of $12.12 by 9:41am (only 4 minutes later!). I said I looked for this to go to the low $12's and it did by this point, but hit $12 even around 11:30am which was the low for the day. So not only do we have psychological high points in a lot of picks, this shows that we sometimes have them on the decline side too.


I would also like to mention something. I was on the SMSI message board last night from Yahoo! Finance and it was funny to see some of the reactions to short sellers and how they were in trouble because this stock was going to double. I think what a lot of people fail to realize is that 1) the stock isn't likely to double the next day 2) just because 1 person recommends it doesn't mean it should go and stay up 10% the next day and 3) just because someone shorts a stock, doesn't mean they are going to hold short for a very long period of time. My strategy here is a trade hopefully no more than a few hours if not just a few minutes.

May 16 - SMSI

Cramer's first picks was SMSI SMITH MICRO SOFTWARE

Closing Price: $11.58
After Hours High: $12.85
Percent Increase at High: 11%
Price Level Off Point: $12.42
Percent Increase at Level Off Point: 7.3%
Trades on NASDAQ
Sector: Tech
Short %: 7.3%
Days to cover: 2.5

The tech sector is generally very good for shorting, averaging a 4.6% drop from peaks the next day, based on the data I have. EMKR was at a similar price and fell from $11.44 to $10.72 with the peak at 8:13am. BWNG also went from $11.35 to $10.72 with its peak at 10:03am. With a bit of short interest here already I could see a little jump near and at the 9:30 open before a fall. This is coming off its 52-week high from last Monday the 8th, but not surprising with the way the market has been going for the last week. I could see this coming back down to the low $12 range (but not necessarily staying there).

May 15 - "General" show

So I'm not sure if this is a repeat show or if it is a new "general show" but this does not appear to be a live show. So this is 2 times now that the day before he does a live show, he runs one of these shows, so there are opportunities to get an edge on these picks, because people are still going to buy them after hours. It sounds like Cramer is going to be mentioning 10 retail sales picks. I don't really consider this a great opportunity for shorting since he is going to make so many picks, not to mention that they will most likely be bigger well known companies.

So, on to Columbia University tomorrow.

Update - RTK BUH

So the RTK chart is a bit hard to read since there was either an error or someone got some shares really cheap. It traded up to a high of $4.69 in the pre-market and low of $4.52 after trading at $4.75 on Friday night. It then decline to $4.42 by 10:37am which was the low for the day. So there was some action right before the bell to bring it to its highs before a fall not long after the bell. Not a huge drop in price, but pretty good for a stock of this low price. If I could short with this cheap of a share price (which I hope to be able to soon when I switch brokers) I would be happy with .10-cent drop. I also plan on looking at Friday picks a bit closer. Both this and BUH below obviously lost steam over the weekend and traded lower than Friday's after hours. I am curious to see how often this occurs. It is risky to hold short over the weekend of course since it gives 2 days for news to come out, but is still worth some research.



BUH also trended a bit higher in the pre-market up to the opening bell, although well below its after hours price of $17.19 on Friday. It went to a high of $17 briefly, traded closer to $16.78 before the bell, went to $16.87 just after the bell and fell to $16.55 quickly thereafter. It then trended up for the remainder of the day. So my prediction of this not holding $17 was very much the case.

May 12th - PTR RTK BUH

Cramer's first pick was PTR PetroChina Co. Ltd. This one trades at $116 so is far to rich for me to really get into any analysis on here. Not to mention that I don't think its a very good idea shorting oil even if this company is ignored here as Cramer mentioned.

Cramer's second pick was RTK Rentech, Inc.

Closing Price: $4.20
After Hours High: $5.05
Percent Increase at High: 20.2%
Price Level Off Point: $4.75
Percent Increase at Level Off Point: 13.1%
Trades on AMEX
Sector: Conglomerates
Short %: 3.4%
Days to cover: 3.8

Well Cramer played with some people's heads by mentioning SSL first. RTK is currently trading below just below $5 so it is out of my range for shorting due to broker restrictions, not to mention that it trades on the AMEX. Cramer has also just mentioned that there will be trouble if people take this up after hours, so after a 20% increase I think he was too late. It is also fun to hear him talking about bidding up stocks too much after hours because they always come down instantly. He also said something very interesting. He said he has studied his picks and said that they are best to buy 1.5 days after he mentions them, so in this case Tuesday between 10:30 and 12. Anyway, this is another new sector for my data so nothing to compare with in that way. The current short numbers aren't as bad as TGI today, so I don't think one would have to worry about that too much. These cheap ones don't have to come down a lot to make decent gains. With a weak market right now, I would be surprised if this goes over $5 next Monday, so a short near $5 could do well, but watch out for any 9:30 - 10am spikes.

Cramer's third pick was BUH Buhrmann NV

Closing Price: $16.40
After Hours High: $17.45
Percent Increase: 6.3%
After Hours Level Off Point: $17.19
Percent Increase at Level Off Point: 4.6%
Trades on NYSE
Sector: Services

This trades at a VERY LOW volume of 10,000 shares! Once again this came down fast after Cramer warned people not to bid it up due to the low volume, but has since climbed a bit. This was also down over $1 today, but with the bad overall market that doesn't necessarily reflect the company. My short information site doesn't have data for this stock so no comparisons there. The services sector isn't a great sector for shorting, but stocks with a similar price point such as CATG and TXRH came down from their peaks 5.8% and 3.8% respectively (unfortunately I don't have the times of the peak though). Since this is a takeover play one should keep their eyes on the news. This one will probably drop right from the pre-market with little spike at the open I would figure since it really isn't as interesting as Cramer's cheaper RTK pick. This should come back down below $17 on Monday.

Update - GGB AES TGI

So GGB was a bit of a surprise today. It went red in the pre-market when it hit $16.94 at 9:15am after opening at 8:00am at $17.74 right around last nights price. I have seen a few of Cramer's picks go red the next day, but not this early. I tried to find some news but didn't find any. Yes it was a bad day for the market in general (2nd one in a row no less) so I'm sure that had plenty to do with all of todays action. It did go up right before the opening bell only to fall lower minutes later. GGB hit a low for the day of $16.34, a drop of $1.66 from last nights after hours high. So yes, great news for short followers, but who really could have expected it? Anyone that short after hours would have done great, but waiting until this morning left little chance because its hard to chase the stock down with a short.


AES, after trading at $18.30 last night opened at $18.17 this morning at 8:01am. It traded lightly in the pre-market as it stayed close to the $18.25 price. It then traded in a very tight range all day between $18.25 and $18.05. So not a lot to short here. No big spike at any point so no big decline even with 3x the normal volume. All in all, a very dull day with this one.


TGI traded lightly in the pre-market around the $51 level, slightly below last nights after hours price. It then shot up to 54.90 at 9:49am after opening at the opening 9:30 bell at $51.37, an increase of $3.53 in 19 minutes! This only had a 3% short ratio, but a pretty small float of 15 million shares. Its the only thing I can see that might explain the huge jump. The stock then declined for the better part of the day and hit a low of $51.00. The size of the float is something I will be taking a closer look at now after this one. And just to note, the ANGO sort of looked like it was a good call with such a big spike but the time of the spike wasn't really that abnormal.

May 11th - GGB AES TGI

Cramer's first pick was GGB Gerdau S.A.

Closing Price: $16.95
After Hours High: $18.00
Percent Increase at High: 6.2%
Price Level Off Point: $17.75
Percent Increase at Level Off Point: 4.7%
Trades on NYSE
Sector: Basic Materials

The basic materials sector has been a good one for shorting, including EZM today. The 52-week high is $18.16 so we came close to touching that tonight. $18 is a key number to look at to see if and when it breaks that. I would say if it doesn't break $18 in the pre-market but holds steady it could come close or break it just after the bell and could peak there. Otherwise it might just slowly drift lower and not present much of an opportunity to short if it trades around $17.50.

Cramer's second pick was AES AES Corp.

Closing Price: $17.63
After Hours High: $18.44
Percent Increase at High: 4.6%
Price Level Off Point: $18.30
Percent Increase at Level Off Point: 3.8%
Trades on NYSE
Sector: Utilities

Well I have nothing to compare this with because this is the first utilities pick Cramer has made since I have been following his picks this closely. AES is climbing a bit after hours instead of leveling off. This feels a lot like GGB above. I would look for a spike and peak at the 9:30am open and fall from there. Another down day in the market will probably slow most stocks, but one should look out for a big turnaround in overall market sentiment like if oil and gold come down.

Cramer's third pick was TGI Triumph Group Inc.

Closing Price: $50.37
After Hours Price: $51.28
Percent Increase: 1.8%
Trades on NYSE
Sector: Industrial Goods

I know the ANGO no-short-rule doesn't have a great track record, but this is another example. The high today for TGI was $52.23 and the after hours price is well below that. So, to reiterate the rule, if a stock could was higher today before Cramer mentioned it, it was good enough to be that high without Cramer's recommendation, so it could easily trade back up to those levels as has happened with other stocks such as ANGO. Not to mention the Industrial Goods sector hasn't been great for shorting and the high price doesn't help either.

Update - EZM ASR

EZM was an odd one today. Apparently the AMEX was down, but it must have only been for certain brokers because there was trading all day long as far as the chart says. Apparently it came back up around 10:27 because there was some very large volume right then causing a spike in price that created the high for the day of $3.25. It came down quickly to $2.97 and went as low as $2.90. There was also shorting opportunities in the pre-market where the stock touched $3.10 and went down to $2.78. So the good thing is that the problem with the AMEX or brokers hopefully didn't hurt shorting, because I would hope no one shorted at the lows in the pre-market because it was down so much already by that point.



ASR has a lovely chart. Even though I said that it would be worth staying away from this one, I was obviously very wrong. ASR opened at $39.45 at 8:00am, after only reaching highs of $38.64 after hours last night, and fell all day long and hit a low of 37.41, a drop of $2.04 or 5.2%. I would think the DOW being down 141 points probably helped the decline here.

May 10th - ASR EZM

Cramer's first pick was ASR Grupo Aeroportuario Del Sureste SA de CV

Closing Price: $37.31
After Hours High: $38.64
Percent Increase at High: 3.6%
Price Level Off Point: $38.50
Percent Increase at Level Off Point: 3.2%
Trades on NYSE
Sector: Services

Finally a stock not at its 52-week high, but it is only a few dollars away from it. This one was down .53-cents toady or 1.4%. ASR is up from the $30 level since February. It is also climbing after hours instead of going down from an initial spike. The services sector hasn't been a great sector for shorting with only an average drop of 2.7% from its next day peak compared to other sectors that average closer to 5% drops. Given the recent slew of not-so-great opportunities to short I certainly wouldn't force the issue here with a short.

Cramer's second pick was EZM EuroZinc Mining Corp.

Closing Price: $2.66
After Hours High: $3.28
Percent Increase at High: 23.3%
Price Level Off Point: $3.16
Percent Increase at Level Off Point: 18.8%
Trades on AMEX
Sector: Basic Materials

This is being pushed to a new 52-week high after hours now. It had a big down day today, going down 10%. The Basic Materials sector has been pretty good for shorting, averaging a 5.8% drop from its peaks. Two other "under-10" stocks (KRY and OMN) had 10.9% and 10.2% drops from their peaks, keeping in mind that KRY did have higher peaks but had a large drop right at the opening bell. There might be a lot of people that would like to short this but can't due to the price. In my digging into brokers (http://compareonlinebrokers.blogspot.com/) there are some brokers who have minimum prices on the shares you can short. This is a very risky one to short for those who can (me not being one who can), and there is no sense being too greedy and I know I would be happy with a .10-cent drop in a pick like this.

Update - ACO

Well, another tough day for the short side of Cramer's picks. ACO opened in the pre-market at $32, which was slightly above last nights price, and that appeared to set a trend for the day. The stock went to $31.76 in the pre-market but that was short lived, probably a typo by someone with a limit order? The stock traded slightly above $32 until 9:45am when it began some more upward momentum and ran to its high of $33.21 at 11:13am. It came down to $32.69 from that point, but it would have been hard to time the top for sure. I didn't see any news to give reason to the run-up. Oil stocks did start the day slowly but did climb a bit. I think there are 2 major things to consider here. One was that the stock was up $1 yesterday before the mention so momentum probably came into play. And two, the 52-week high it hit. I'm beginning to feel that it might be best to stay away from those 52-week high picks for a while until I can have a look at more examples and see if they have any relationship to eachother. And an extra point....maybe the shorts are getting messed with? My some hedge fund has clued in, waits for a point where shorts would typically jump in, and bang, they raise the price with some heavy buying and force the price up? The volume today was about 4X higher than average, and there were no huge spikes in volume, only a few times where it traded around 10,000 shares in a minute and those were on the way up and had stopped after it peaked. No matter what it was, it is still a concern when the picks don't really drop at all. Hopefully tomorrow is a better day.

May 9th - ACO

Cramer's first pick was ACO Amcol International Corp.

Closing Price: $31.00
After Hours High: $32.51
Percent Increase at High: 4.9%
Price Level Off Point: $31.88
Percent Increase at Level Off Point: 2.8%
Trades on NYSE
Sector: Industrial goods

Not that it necessarily matters, but this hit a new 52-week high in the after hours market and was also up nearly $1.00 today. Industrial goods haven't been great shorts in my research. The average drop from the peaks from the next day of trading is only 2.8%. EDO, a stock Cramer has mentioned recently and traded at a similar price point peaked at 10:44am the next day and went from $27.34 to $26.65, a 2.5% drop, which I would be happy to catch of course. This trades with oil stocks a bit so check the price of oil to help get an idea if this will have that helping it go up or down.

Cramer's second pick was from France, so not something that can be shorted.

Cramer's third segment looked at NOC Northrop Grumman Corp and LMT Lockheed Martin Corp. They both trade north of $60 so don't made for great shorts. They are also both Industrial Goods stocks, like the first pick. GD, another Industrial Goods pick Cramer had that was $68 at the time had only a small drop from its peak of 0.8%.


And just a heads up. Cramer is going to Columbia University next Tuesday for a show. Last time he went to Michigan (on a Tuesday) he had a repeat show on the Monday. Now, Cramer only has so many shows that he will use as a repeat show because he doesn't want to show repeats that aren't current enough and might hurt people since people will buy no matter what. If you are quick on the ball you might be able to take advantage of this and buy some of his picks before he mentions them and sell into the spikes. Just a thought.

Update - TMY NICE NSTC

FYI...My analysis for tonight is going to be late!

TMY opened in the pre-market at $7.20 after trading around $7.45 after hours last night. It then dropped to a low $7.03 in the pre-market at 9:06am. It then opened at $7.19 at the 9:30 opening bell, seeing a high of $7.25 at 9:35am and then dropping to a low of $7.00 at 9:56am. So once again, the volume spike was a few minutes after the opening bell, something I noticed yesterday as well. This has also traded in a .25-cent range the entire regular hours trading day even with 10X the normal volume. So a few opportunities presented themselves for shorting, with the best being after hours last night. A .45-cent drop from last night is very good for a stock of this price.


NICE traded lightly in the pre-market but above last nights after hours price of $56.65. It opened going up and hit a morning high of $57.19 at 9:32am. It then traded lower to $56.41 by 9:56am. A decent drop from the opening bell, but not outstanding for shorting last night. It has since traded even higher, possibly on a pre-earnings run-up.


NSTC which traded at $12.73 last night opened at $12.60 in the pre-market. It traded between $12.50 and $12.60 until 9:28am where it went to $12.69 before falling to $12.40 by 9:34am. It then climbed back to $12.65 by 9:40am before falling for the remainder of the day and hitting a low of $12.31 near the end of the day. So, once again a very tight trading range, a decent drop for this price of stock but nothing spectacular, and once again, the ANGO rule wasn't right here.


So, after these 3 picks, it looks like the 52-week highs that Cramer is creating aren't really giving a lot of insight into the price movement the next day. I am begining to think this is a tricky time to be shorting the picks since it is earnings time and there might be some added speculation. It is also appearing that after hours shorting is doing a little better than waiting until the next day. I think I will go plug some more numbers into my "recent analysis" spreadsheet and take a closer look at the sectors, times of peaks, and price to see if anything presents itself in terms of making better predictions.

May 8th - NICE NSTC TMY

First off, if interested, have a look at another blog I created over the weekend. If you are in the market for a new broker (like I am since mine was bought out and I am being forced elsewhere) have a look at http://compareonlinebrokers.blogspot.com/ I did a lot of digging around on a bunch of online broker sites to find out what they offer in terms of after hours trading and short selling. Have you ever noticed how hard it is to find out what brokers offer? Well, hopefully I made someone's life a little easier with this resource.

Cramer's first discussion tonight was on cyclical vs secular stocks. He mentioned a bunch of stocks, but the segment wasn't about any one stock in particular.

Cramer's second segment was on Israel. The first pick was NICE NICE-Systems Ltd.

Closing Price: $55.35
After Hours High: $57.93
Percent Increase at High: 4.7%
Price Level Off Point: $56.55
Percent Increase at Level Off Point: 2.2%

Another 52-week high pick. I'm getting a little sick of typing that lately. Very hard to ignore that a lot of picks like this do tend to peak around 10:30, but it's not a guarantee. This one is out of my personal price range to short.

The second Israel pick was NSTC Ness Technologies Inc.

Closing Price: $11.94
After Hours High: $13.08
Percent Increase at High: 9.5%
Price Level Off Point: $12.73
Percent Increase at Level Off Point: 6.6%

This one was also pushed to a new 52-week high after hours. It was down today after an earnings call as Cramer mentioned. This is also an ANGO rule pick since it is now below today's high price of $12.91. Since the stock didn't actually miss earnings and was inline according to Cramer, this recommendation could bring this back to where it was and hold it pretty strong. It has been falling steadily after hours since the mention. Even though I wouldn't really short this due to the ANGO, the ANGO rule is only right around 50% of the time. This is one to watch and see if it breaks $13 tomorrow morning. I would look at around 9:35am and if it is near $13 and hasn't broken it then it could come down a bit then. Otherwise I would personally leave it alone.

Cramer's third pick was TMY Transmeridian Exploration Inc.

Closing Price: $6.67
After Hours Price: $7.45
Percent Increase After Hours: 11.5%

I'm shocked. Ok not really. Another 52-week high. This one feels a lot like KRY. KRY was a good short after hours the night Cramer mentioned it and dropped right at the 9:30 open the next day before going up only minutes later and staying up. This one trades on the AMEX so I can't trade it in the extended hours. The volume was up big today and last Friday with no news and is up from the $5 range in recent weeks. With a pick this cheap I like to look for only a small drop on a higher quantity of shares short and not risk holding short very long. Shorting oil isn't a great idea in my opinion. Oil was down today, but TMY was up. TMY was trading in line with major oil stocks like OXY and XOM recently, up until Friday where TMY broke the trend and went higher, which is obviously a strange occurrence and a concern.

Update - SGG ITU FWLT

SGG traded below Friday's after hours close of $8.67 in the pre-market reaching a high of only $8.56 at 8:56am. The stock then spiked to $9.25 at 9:34am on a big volume spike. It almost looks like someone was trying to trap some short sellers there since the surge in price didn't happen until 9:34 and not right at 9:30...this seems very strange to me. The stock did come down to $8.53 by 11:00am. The 52-week high trend didn't pan out here. The message boards that I read had a lot of negative posts in regards to this stock saying it wasn't as good as the other Cramer picks for this sector and that the company has a lot of debt. Still, its appearing safer to wait a few minutes after 9:30 to see if there is a spike, or at least cover before the open.


ITU hit its high in the pre-market of $36.40 at 8:24am after only trading as high as $35.80 after hours Friday. It then went as low as $35.17 by 9:01am. The first big spike in volume also happened late with this one coming at 9:35am so I wonder if there is an issue with my charts today? Either that or there was a problem at the exchange? The stock traded in the $35.40 to $35.60 range until around 10:50am before it began to rise up. In the end, not a great short play here. The best opportunity would have been in the pre-market where the volume is the weakest. Seems like too much non-Cramer momentum kept this one going strong.


FWLT one I thought best to stay away from due to some similarities to SYT turned out to be a pretty good call. FWLT opened higher than Friday's after hours close and climbed from there for pretty much the whole day. It closed Friday at $47.53, opened in the premarket at $47.94, went as low as $47.30 (which was the only good point to cover at, and it was only a brief stop there) before climbing to $49.32 by the end of the day.

So a few things to consider. This was the second time Cramer had picked this stock in recent months, it is a oil play technically, and it was the 3rd pick of Cramer's show. The last point I mention because he normally makes his 3rd pick after 6:30pm, and some brokers are closed by that point. This would reduce the after hours demand thus reducing the climb. Then, people are given a better chance to research the company and make a more informed decision. Then, when the market opens the next day, since it isn't up as much as other picks people buy in quickly forcing the stock to rise. Then other people see this and jump on to catch the wave. Just a thought. Maybe a stretch? Anyone else have a theory?

May 5th - SGG ITU FWLT

Cramer's first pick tonight was SGG SGL Carbon AG

Closing Price: $7.98
After Hours High: $9.00
Percent Increase at High: 12.8%
After Hours Close: $8.67
Percent Increase at Close: 8.6%

The average volume for this stock is only 52,000 but over the last few days it has been much higher. This has also hit a new 52-week high both today during regular hours and another new high after hours. With that, and since it is a "cheap" stock one must be careful for a run up. Again we have a nice price to look at of $9.00. If it breaks it early in the pre-market then I would hold off to see where it goes, if it doesn't break it early then it could drift downward, assuming it even gets close to $9 at all. I would also be a little tentative since Cramer did compare this to other picks of his that have done very well, which can only fuel the fire a bit more.

Cramer's second pick was ITU Banco Itau Holding Financeira S.A.

Closing Price: $34.85
After Hours High: $35.80
Percent Increase at High: 2.7%
After Hours Close: $35.62
Percent Increase at Close: 2.2%

ITU was up today before the mention .98 cents or almost 3%. This has also hit a new 52-week high during regular hours and after hours. Now that I am taking notice of this it does seem Cramer likes to pick stocks that are already at highs! Where was he in mid-April when this was at $29.50? Not to mention it was $22.15 back in October. This one will come down on Monday after a peak, but as always it will be a timing issue. With other 52-week high picks and some good momentum on this one, the 10:30 time range seems to be the way to play them.

Cramer's third pick was FWLT Foster Wheeler Ltd.

Closing Price: $46.58
After Hours Close: $47.53
Percent Increase at Close: 2.0%

Cramer actually mentioned this one back on January 31st and the closing price that day was $49.25. The next morning it opened at $48.66, so it must have dropped a lot in the pre-market (I wasn't keeping enough data at this point to know what it did after hours) to go below the closing price the previous day. It did go as high as $49.20 before falling even more to $47.32. It then closed at $48.58. So yes, it looks like this is a good short, but after today and SYT it is hard to tell what this might do. The market was strong today so it might have made SYT stay stronger, but maybe it did well because it was the 2nd time Cramer had picked it in a short period of time. Given the price and only a 2% increase it might be best to stay away from this one anyway.

Update - ARRS NITE SYT

ARRS peaked in the pre-market this morning at 8:17am at a price of $12.90. It then dropped quickly at the opening bell to $12.55. Not a huge drop, but almost 3% is pretty nice. For me with a stock of this price I would normally only look for a .10 to .20 cent drop and this was easily achieved.

4pm Update: As a commenter posted, there was little volatility with today's 3 picks. All 3 traded in very tight ranges. ARRS and NITE had opportunities early for very well timed shorts. ARRS traded 4.8 million shares with an average of just over 2 million. The average volume is higher than a lot of Cramer's "cheaper" picks, so this one had some attention prior to the mention last night.


NITE climbed to $16.92 at 9:39am after jumping around in the pre-market between $16.50 and $16.90. Another example where the psychological price barrier came into play. The stock is currently dropping as I look at it and has it a low of $16.58. From high to low there was a 2% drop, and easily dropped the .10 to .20 cent price target. This one is holding up pretty well and has some sector strength behind it with both AMTD and ET trading up .24 cents and .47 cents respectively.

4pm Update: So NITE's final low after its high of $16.92 was $16.52 at 10:52am, not long after I posted the first update it looks like. After that low it climbed and broke the $17 level. There was some very strong sector support from AMTD and ET who were up .60 and .62 respectively at the end of the day.



SYT hit its high of $29 but couldn't break that level at 9:33am. It has only come down to a low of $28.85 after the initial climb. My prediction of a .20 or .30 cent drop from the high $28's has not held true yet but it is still early. This is still taking longer then I would like to see, but this was an unusual pick since this is the second time Cramer has mentioned it this year. The stock is testing both the high and low ranges for the day though, so if it can't break through the high soon it might run out of gas and break below $28.85.

4pm Update: SYT was the worst of breed here for shorting. I thought it would break the lower support of $28.85 and go down before it broke the upper support at $29. I really don't know what to account for this because I don't see why Cramer mentioning this twice this year would make it so much stronger. The stock is down after hours to $28.87, so back at the lower support level. Maybe people just didn't feel like selling into the Cramer mention this time because if he mentioned it twice maybe he will do it a third time and they can get another pop? So this wasn't a very good short, but at least it didn't really run that much from last nights after hours price so if anyone is under water on their trade it might not be too bad. I will definitely keep my eyes open for Cramer repeat picks from now on though.

After a bit of thought...I wonder if this stayed strong because of the number of Cramer buyers from last time weren't up enough (because the stock fell of its highs last time he mentioned this stock) and they didn't have enough of a profit to bother taking it? Just a thought.

May 4th - SYT ARRS NITE

Cramer's first pick was SYT Syngenta AG

Closing Price: $28.22
After Hours High: $29.19
Percent Increase at High: 3.4%
Price Level Off Point: $28.75
Percent Increase at Level Off Point: 1.9%

As Cramer mentioned, he mentioned this stock on February 8th. It closed at $25.65 before the mention back then and the following day it opened at $27.56, went as high as $28.21, went as low as $27.37 and closed at 27.75. Now, from my data, I took note that the stock hit its high at 1:46pm. This isn't a great thing to hear, since it means this might be a hard one to time the peak. But, this one didn't go up as much as it did last time. And anyone that bought this last time Cramer mentioned it probably won't be buying again. This could stunt the gain on this pick and make it good for a short. This probably won't get near $29 tomorrow morning since it is falling now, but with no news a short in the high $28's should be good for a .20-.30 cent drop.

Cramer's second pick was ARRS Arris Group Inc.

Closing Price: $12.16
After Hours High: $13.96
Percent Increase at High: 14.8%
Price Level Off Point: $12.80
Percent Increase at Level Off Point: 5.3%

Well, even Cramer said people will be shorting this one if people decide to pay up, but that didn't stop someone from paying up almost 15%! The price came down quickly of course to a more reasonable gain, if a 5% gain because some guy mentions it is reasonable, but who are we to complain. This stock has traded above $13 in recent weeks and came down pretty big on a recent earnings report. It has settled in nicely just below $13 which is good for psychological reasons again. If it doesn't break $13 by 9:31am tomorrow it will probably come down at the open. If it breaks $13 before or just after the bell then I would be inclined to let it run for a bit to see what it does.

Cramer's third pick was NITE Knight Capital Group Inc.

Closing Price: $16.00
After Hours Price: $16.72
Percent Increase: 4.5%

NITE has come off its 52-week high back on April 19th of $17.40 after a strong earnings report. This stock was trading in a similar range to stocks like AMTD and ET up until today where NITE was down and AMTD and ET were up. I don't see any news from today to explain the drop today. The Yahoo! message board has some talk of SEC and comparisons to REFCO, but I'm sure that's just regular bashing. It would be a good idea to watch AMTD and ET etc to see what they are doing in the pre-market tomorrow to get an idea if this will have any sector strength behind it. And again, keep an eye on the $17 level, but it would take a substantial jump to get it up over $17 early tomorrow. This going back to the $16.30 range wouldn't surprise me.

Update - DWSN CLB FTI

So DWSN didn't really fit the 52-week high mold today at peak at 10:30 (although it's second peak was near there, but for me the short would have been over before that point), but did play off the $35 resistance price. I replied to a comment this morning and said if it didn't break $35 at the opening bell at 9:30 that it would come down, and sure enough it did. It fell to $34.10 a minute into the regular market after seeing a high of $34.94 in the pre-market. The stock then rose again to $34.95 at 10:11am and then took an even bigger fall to $33 by 12:28pm. The price of oil did fall pretty hard during the day, below $70 a barrel so that probably played a large role.


CLB, the other 52-week high stock did follow the recent pattern of running higher until the 10:30am time range. CLB opened in the pre-market ($65.86) above last nights after hours close and continued to run up to $68.74 at 10:12am. It then dropped to $65.52 by 12:36pm.


FTI was a bit of an oddity. It opened in the pre-market below last nights regular close before the Cramer mention. It opened at $55.94 for 500 shares, .25 cents below yesterdays close of $56.19, and $1.10 below last nights after hours close. The stock didn't get back up to last nights price level until around 10:10am. It then continued up to $57.61 by 10:54am. This was an ANGO no short situation and wasn't exactly right but wasn't a bad call. This did have very strange price action today, but did have a lot of upward momentum and didn't have a typical price peak so I like to consider this a good ANGO rule call. The best time to short would have been after hours, but with low volume in the morning, covering might have proven difficult if anyone tried.

May 3rd - CLB DWSN FTI

I'm a little late tonight and only had a chance to read the recap. Looks like Cramer had an oil technology theme tonight.

His first pick was CLB Core Laboratories NV

Closing Price: $64.70
After Hours High: $65.99
Percent Increase at High: 2.0%
After Hours Close: $65.76
Percent Increase at Level Off Point: 1.6%

To expensive for my taste here. It was up $1.50 during the regular trading day today already. This is also another 52-week high stock during regular hours, and even higher during the after hours. Like 3 other picks this week that had new 52-week highs all had strong runs upward until the 10:30am mark before their drop. I am still not confident that the same thing will happen for all picks that fit this criteria, so tomorrow will be another good example to watch and add to the analysis. The higher price of this one may make this one different, and possibly give it less of a run up.

The second pick was DWSN Dawson Geophysical Co.

Closing Price: $33.10
After Hours High: $34.85
Percent Increase at High: 5.3%
After Hours Close: $34.73
Percent Increase at Close: 4.9%

Big run up here and hit a new 52-week high with the after hours action (the old high was $34.74 according to Yahoo! Finance, but I don't think after hours prices change the 52-week high prices officially). So again, makes me want to wait until 10:30. I would keep a close on the $35 level to be a psychological barrier. I also noticed that DWSN trades similarly to XOM Exxon Mobile as the chart suggests. It would be a good idea to check what the price of oil is doing as well as XOM. A down day in oil could help slow or bring DWSN down some.

1-day price chart comparison between XOM and DWSN:

The third oil technology pick was FTI FMC Technologies Inc.

Closing Price: $56.19
After Hours High: $57.12
Percent Increase at High: 1.7%
After Hours Close: $57.04
Percent Increase at Close: 1.5%

The regular hours high before the Cramer mention was $57.44, which is higher than the after hours movement....so yup, another ANGO no short rule for this one, not to mention too high for my price range.

For all 3 of these oil picks, comparing to XOM will show similar price movements, so that means these basically trade with oil even though they are a different player in the oil game. Shorting oil isn't a great idea, so it probably isn't a great idea to short any of these either. Like always there will probably be an opportunity to make money on the short side, but timing these shorts could prove difficult.

Update - NTLI CELG

So NTLI had a small run to the opening bell where I was able to get a short in at $28.50 right before the open. The stock hit a high a few minutes later, right at the bell of $28.59. I stuck to my prediction of this hitting the low $28 level and was able cover very quickly at $28.10 for an easy .40 cent gain. Now the stock did continue to fall below $28 but I'm not going to loose sleep over it!


CELG has also come down from last nights after hours price. It saw a low of $40.60 at the opening bell. The ANGO no shorting rule didn't work here obviously. I checked in on DNA to see what it was doing today, and it was down, which may have helped pull down CELG. Maybe take over talk isn't enough to give this any momentum, but I figure it has more to do with the sector and market weakness.

May 2nd - NTLI CELG

Cramer's first pick was BDK Black & Decker Corp.
This stock trades at $92.30 and went as high as $93.74 after hours before leveling off at $93.30 up $1.00. Just like UNP last night these pricey stocks don't move enough percentage-wise to bother shorting.

Cramer's second pick was CELG Celgene Corporation
Closing Price: $40.71
After Hours High: $41.93
Percent Increase at High: 3.0%
Price Level Off Point: $41.78
Percent Increase at Level Off Point: 2.6%

The high today during regular trading was $42.00, with the high after hours only $41.93. This is another example of the ANGO rule where I won't short a stock that didn't go and stay above the regular hours high after the Cramer mention. There is about a 50% success rate with this rule so I am sticking with it.

Cramer's third pick tonight was NTLI NTL HOLDINGS INC

Closing Price: $27.53
After Hours High: $28.65
Percent Increase at High: 4.1%
Price Level Off Point: $28.49
Percent Increase at Level Off Point: 3.5%
Short Percentage 6.77%

Cramer mentioned some price targets of $40 and $50 longer term and $31 in the near future for this one. This one has some good potential tomorrow for a quick short. They don't report until the 9th, and since the stock was down today there doesn't appear to be any sort of earnings runup as of yet to give this momentum. It has run up from the $23 since February. I could see this going to the low $28 level tomorrow with no new news.

Update - MGPI

A little late on the update today...had some problems with blogger.

MGPI had a big day today. Like I said last night I wasn't too keen on shorting this one, and it was a good call. I also said that I would be interested in looking at 10:30 to see if it was peaking there, and the high that produced the best short opportunity was at 10:41am. But watching this one for most of the day it just kept going up even after the dips. I'm sure ADM reporting a good quarter and going up a few dollars (not down like Cramer thought) helped MGPI along. So there were a few factors to consider the move in MGPI today. It hit its 52-week high after the Cramer mention. We are now 3/3 in the last 2 days when stocks hit their 52-week high they run a little longer and an little higher and seem to peak around 10:30am. And this is another example where a stock follows the general trend of the sector. In the end, a new rule is still forming around 52-week high stocks. I don't want to say I will never short them, its just a matter of seeing a few more examples to see if there is a consistent trend of peaking around 10:30.

May 1st - MGPI UNP

Cramer is talking about Ethanol again. His first pick was MGPI MGP Ingredients Inc.

Closing Price: $25.90
After Hours High: $27.88
Percent Increase at High: 7.6%
Price Level Off Point: $27.26
Percent Increase at Level Off Point: 5.3%

Cramer's other 2 recent Ethanol picks were AG and GEHL. AG fell right from the pre-market open, while GEHL went lower in the pre-market before spiking at the opening bell and then coming down nicely. The problem here? What might MGPI do? Will it fall right at the open or will it have a spike at the opening bell?
Focusing more on MGPI, it was up $1.34 today (5.5%). Also, the after hours movement tonight has pushed it to a new 52-week high. After today, with his 2 picks from Friday which also hit 52-week highs and both were tough shorts, I am going to wait until about 10:30 too see if it peaks there, since that's what happened today with WST and TLK. This one is definitely not my favorite to short with all the momentum in Ethanol. It will come down at some point tomorrow since it is up so much, but I think it will be hard to time the top.

Cramer's second pick was UNP Union Pacific Corp.

Closing Price: $92.31
After Hours High: $93.20
Percent Increase at High: 1.0%
Price Level Off Point: $93.05
Percent Increase at Level Off Point: 0.8%

If you look at previous Cramer picks (see the recent analysis link on the right side), the expensive stocks don't make for great shorts. They really don't go up a lot (as you can see from above) because they are just so expensive. Its amazing how people will pay up $1.00 in some cases for a $5 stock and only pay up .75 cents for a $90 stock. The lack of demand and probably money is most likely the case.

Cramer's third pick was ADM Archer-Daniels-Midland Co
This is not a new pick for Cramer. ADM reports tomorrow morning, and Cramer said they will report well but go down to create a good buying entry point. This one is actually down a bit after hours after being up $1.66 today. In my opinion, this would not be a good short. Yes, good stocks that have reported good earnings have gone down recently, but why run this risk of ADM bucking that trend?

Update - WST HS TLK

HS opened near its high this morning, seeing its high of $17.81 at 9:37am. It then went on a big decline and even went red on the day. The low for the day was $16.51 representing a drop of 7.3%. Of note, UNH United Health also had a down day today, and as I mentioned on Friday the two stocks did seem to trade in a similar pattern.



WST opened up in the morning higher than Friday's after hours price of $36.25. The stock traded as high as $37.01 at 10:46am before falling. I had said I was going to look into stocks that hit 52-week highs on the Cramer mention, but found that to be difficult since I only know what the 52-week high is as of today, and not the day Cramer mentioned the stock. Several of his picks have reached new 52-weeks highs this year already. So the question about whether people take their profits or let it run isn't really answered yet, but after the WST action today, so far it looks like they let it run a bit. The stock did come down to $35.94 by the end of the day so all shorts from Friday would have been out safe by now if they stuck through the run-up.


TLK was another 52-week high pick. It is now a second example where the "52-week high" picks do extremely well, which means bad for the shorting. This one opened in pre-market above the the trading price on Friday after hours on light volume. It dipped at the 9:30am open to $35.05 before running up to its high of $36.11 at 10:37. It only came down to $35.75 near the end of the day, leaving anyone who shorted after hours on Friday underwater. So, a new rule to not short stocks that have hit 52-week highs the day Cramer mentions them may be in order. I will do some more work to see if I can dig up what the 52-week high was on Cramer's picks in the past, but currently it is proving difficult to do.