September 20th - Live from Boston College

Cramer, live from Boston College, started out by talking about the upcoming elections and speculated on what might happen given the outcome in terms of stocks. He had on the host of Meet the Press to have him give his thoughts.

Next Cramer suggested to the students that they should get into stocks now when they are young because even if you loose money, they have they have the most time to make it back. He spoke of signing up with online brokers and making time to do at least an hour of homework per week. He then gave 3 stocks for starting a portfolio and they were: at least 1 share of Google Inc. (GOOG), or a few shares of Goldman Sachs Group Inc. (GS), or a few shares of Sears Holdings Corporation (SHLD). He said all of these stocks, although they look expensive, remind him of how Berkshire Hathaway Inc. (BRK-A) which of course is a 95 thousand dollar stock. These are not shortable stocks based on a Cramer recommendation in my opinion for many reason that I have mentioned in the past, since these are popular stocks from Cramer.

Next Cramer looked at video games and recommended THQ Inc. (THQI)

Closing Price: $29.19
After Hours High: $30.20
Percent Increase: 3.5%
Price Level Off Point: $29.85
Percent Increase: 2.3%
Trades on NASDAQ
Sector: Technology
Short %: 14.42%
Days to Cover: 6.7
Held By Insiders: 0.90%

I compared the 5 day charts of THQI and ERTS and they trade rather closely. ERTS came out tonight and said the SEC has asked for their options information and there is concern of a backdating issue which brought the stock down after hours. Maybe people will see ERTS down tomorrow (if in fact it stays down considering Macke on Fast Money before Mad Money said it was a buy and a great buy on this dip) and it will hold back THQI? With the closing price of THQI at $29.19 and the high for the day at $29.71 and not to mention the 52-week high being broken, but not held at $29.20 it would take a substantial spike at the open for me to consider a short on the strength from today.