June 16th - ARO TLM TDG.UN
Cramer did his Friday next week game plan segment and mentioned a few stocks that might be good to pick up before they report their quarterly numbers and they were BBBY Bed Bath & Beyond Inc. and FDX FedEx Corporation. No trades so far after hours since Cramer mentioned them, which is fine because I personally don't think these would be great opportunities for a few reasons, namely their price and the potential for any sort of pre-earnings price run-up that could happen.
Cramer's next segment was "Back to School" and his pick was ARO Aeropostale Inc.
Closing Price: $26.53
After Hours High: $27.00
Percent Increase at High: 1.8%
Price Level Off Point: $26.85
Percent Increase at Level Off Point: 1.2%
Trades on NYSE
Sector: Services - Apparel
Short %: 6.9%
Days to Cover: 2.9
No huge price spike after hours and not a big short percentage to cause any big spike on that. The services sector has not been great for shorting (see my "Recent Analysis" link on the right side). This is also an ANGO no-short situation since the high for the day was $27.04 and we are trading below that after hours now. ARO was down today so this gives me another opportunity to do some research into the ANGO situation when the stock was down on the day, but of course will not be shorting it no matter how tempting.
Cramer's third segment was about TLM Talisman Energy Inc. and TDG.UN Trinidad Energy Services Income Trust. I'm not one to short the oil and gas stocks and won't start to do so here either. In my history with income trusts I don't expect to see any huge price spikes anyway, and I'm not really sure how many people will be able to trade it through their regular brokers. The Yahoo! Financial page does not really handle income trusts very well and appears to consider it a mutual fund. I can tell you that it pays an annual dividend of $1.38 broken down into monthly payments of 11.5 cents per share.
posted by CramerTracker @ 6/16/2006
9 comments
Comments on "June 16th - ARO TLM TDG.UN"
-
Anonymous said ... (June 16, 2006 7:39 PM) :
-
CramerTracker said ... (June 16, 2006 7:48 PM) :
-
Anonymous said ... (June 19, 2006 3:42 AM) :
-
CramerTracker said ... (June 19, 2006 8:11 AM) :
-
Anonymous said ... (June 19, 2006 8:11 AM) :
-
Anonymous said ... (June 19, 2006 8:25 AM) :
-
CramerTracker said ... (June 19, 2006 3:38 PM) :
-
Anonymous said ... (June 20, 2006 7:45 AM) :
-
CramerTracker said ... (June 20, 2006 8:20 AM) :
post a commentI think you have to take into consideration all those people that will be watching the show at 9pm and 12pm. They wont have access to afterhours trading. They might trade in the premarket action.
ARO might be a good play. I am going to monitor it on Monday and see where it goes. There is the usual spike down right when it opens and then I will wait for the spike up.
Im hoping the futures monday morning will be positive fair value.
Very good point on the people watching later runnings of the show not being able to join in on the buying. That has never prevented people from bidding up the stocks after hours a lot in the past, so I think the weak market is preventing some people from buying no matter when they watch the show. As long as it clears $27 early then it has an excellent chance to come down. The other thing to remember is that a lot of Friday picks don't seem to get the momentum that picks during the week get. A lot of people seem to forget over the weekend. The yahoo message board wasn't too kind when I looked at it after Cramer picked it, so that may spook a few buyers. I guess we will see Monday! Best of luck.
Thats funny how someone might be scared off because they read something on a yahoo message board. Those message boards are so heavily manipulated and rigged that its impossible to get any accurate information from them.
Agreed. But if people will listen to Cramer and buy a stock the second he mentions it, I'm sure some people believe everything they read...even a message board.
This is what I do to take care of the yahoo message board. Log in with several nicknames and post ultra positive posts. This should make it seem more interesting for the Cramer crowd. That might create a lot more buy orders to take it up.
from your online brokerage site...
ameritrade's izone allows shorting of any stock at any price, as long as they can borrow shares.
i don't know if ameritrade (themselves) are different or not. but izone, with its $5 trades, allows the cheapies to be shorted.
Interesting idea about the message boards. Hopefully we just get a bit of a market turnaround to get people back into the market....although with these down days it is pretty easy to short the picks (assuming there is enough volume in the spike) since they the few stocks in the green in the morning!
As for the Ameritrade Izone, thanks for the heads up. Is that one of the trading platforms? I'm pretty sure I emailed them directly and thats the response I got, but I will have to double check.
i'm not sure what you mean about izone being one of ameritrade's plaforms; it's no-frills, $5/trade but a part of ameritrade.
i don't use it as my main brokerage account, but i probably make 2-3 entries a week through that account. probably half of those trades are under $5 (usually $1-2) stocks.
Ok, thanks for the follow up on izone. I haven't had a chance to do any updates to the broker page will do so asap.
Thanks again.