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.