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.