September 5th - Medical Plays

Cramer first took a look at medical plays and specifically about companies who specialize in "replacing" body parts.

Heart Plays
MDT Medtronic Inc. Closing Price: $46.53
STJ St. Jude Medical Inc. Closing Price: $36.27
Sell BSX Boston Scientific Corp.

Brain Plays
NSTR Northstar Neuroscience, Inc. Closing Price: $11.53
Sell CYBX Cyberonics Inc.

Kidney Plays
NXTM Nxstage Medical, Inc. Closing Price: $9.72 - Said Don't Buy!

Orthopedic Plays
SNN Smith & Nephew plc Closing Price: $44.32

NSTR is the cheapest of the picks that was a buy pick from Cramer. It traded very lightly today at about 1/5th the normal volume and was down $0.27. Unfortunately, and once again, my source for after hours market information has been shut down and I don't have live numbers. The next site I am using appears to be delayed. Either that or there haven't been any trades in these stocks at all. Yahoo! Financial isn't even showing after hour prices either. They even have a note saying " We can no longer offer real-time ECN data due to pricing changes by the exchanges." This is certainly throwing a wrench in my blogging for now. Worst case scenario will be having to update the pricing later on.

NSTR
Closing Price: $11.53
Trades on NASDAQ
After Hours High: $11.90
Percent Increase: 3.2%
Price Level Off Point: $11.85
Percent Increase: 2.8%
Sector: Healthcare
Short %: 4.96%
Days to Cover: 7.9
% Held By Institutions: 33.10%
Average Volume: 103,302
Today's Volume: 19,985

Cramer's next segment of medical plays looked at external medical plays.

Eye Plays
WMGI Wright Medical Group Inc. Closing Price: $22.79
ACL Alcon Inc. Closing Price: $118.20

Skin Plays
AGN Allergan Inc. Closing Price: $113.63
MRX Medicis Pharmaceutical Corp. Closing Price: $29.94
MNT Mentor Corp. Closing Price: $48.04

Hair Plays
PFE Pfizer Inc. Closing Price: $27.84

Rehab Plays
DJO DJO Incorporated Closing Price: $38.53

So I am delayed at least 15 minutes right now with after hours quotes, but have seen some action in NSTR as shown above as well as SNN (which is a bit to expensive and only had a few trades). I think maybe a case of information overload with the number of picks tonight. Cramer also mentioned in his later segment about how people have become overly bearish this summer, which I think is adding to the lack of trading of Cramer's picks. Maybe this will wake some people up to start buying his picks this coming week and beyond. With NSTR the only pick I see with any action to speak of so far, there is some shorting potential with it. Cramer did say he expects these stocks to be down more this week, so the 35-cent increase after hours could be erased quickly. Might be very tough to find many buyers though on such a small daily average volume.