October 9th - GES

Cramer started out by recommending Guess? Inc. (GES) even though Cramer already missed the double in the stock. GES closed today at $53.95, so it is too expensive for a short in my books. The reason being (since its been a while) is that these expensive picks, and when I say expensive I mean in dollar value and not p/e, don't get as much high volume buying as the cheaper stocks do, not to mention, for the smaller investor, one can't necessarily afford to short enough shares to make it worth while.

Next Cramer looked at a new way to play the military defense stocks and recommended SAIC (upcoming symbol SAI) which has an upcoming IPO, so obviously the stock doesn't trade yet and therefore not a shortable pick.

Finally Cramer spoke of 2 pink sheet stocks, Delphi Corp. (DPHIQ.PK) and Dana Corp. (DCNAQ.PK) who have both seen large increases in volume. Cramer said these were not good stocks to own and doesn't think owning any stocks on the pink sheets is a good idea. He did quickly mention Lear Corp. (LEA) and Autoliv Inc. (ALV) as better buys but ALV is too expensive and LEA had no price increase after hours. Since the focus was more on not buying the Pink Sheets and not so much LEA and ALV I don't see much action here.