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.