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Thursday, November 30, 2006

November 30th - DENN MHP

Cramer's first recommendation was Denny's Corp. (DENN)

Closing Price: $4.58
After Hours High: $ 4.75
Percent Increase at High: 3.71%
After Hours Most Recent Price: $ 4.63
Percent Increase at Most Recent Price: 1.09%
Sector: Services
Days to Cover: 7.4
Short %: 6.05 %
% Held by Insiders: %
% Held by Institutions: %
Average Price Drop for Sector: 2.8%

Finally Cramer recommended McGraw-Hill Companies Inc. (MHP)

Closing Price: $66.65
After Hours High: $ 67.56
Percent Increase at High: 1.37%
After Hours Most Recent Price: $ 67.06
Percent Increase at Most Recent Price: 0.62%
Sector: Services
Days to Cover: 2.3
Short %: 0.79 %
% Held by Insiders: 0.69 %
% Held by Institutions: 78.90 %
50 Day Moving Average: $61.24
200 Day Moving Average: $56.14
Average Price Drop for Sector: 2.8%

Wednesday, November 29, 2006

November 29th - XOM

Cramer started out bashing Exxon Mobil Corp. (XOM) because they have spent more money on stock buy backs then on drilling for oil. Even so, Cramer said this was a buy because the mutual funds are buying up the stock to get exposure to the sector.

Closing Price: $76.03
After Hours High: $ 76.45
Percent Increase at High: 0.55%
After Hours Most Recent Price: $ 76.39
Percent Increase at Most Recent Price: 0.47%
Sector: Basic Materials
Days to Cover: 2.6
Short %: 0.90 %
% Held by Insiders: 0.17 %
% Held by Institutions: 51.90 %
50 Day Moving Average: $69.62
200 Day Moving Average: $64.67
Average Price Drop for Sector: 5.5%

Shorting oil off a Cramer recommendation is not something I would ever do because the price of oil is what controls the price of oil stocks and there can be no certainty of a Cramer effect price drop at the opening bell tomorrow.

Tuesday, November 28, 2006

November 28th - AGN COF

Cramer's first recommendation was Allergan Inc. (AGN)

Closing Price: $117.18
After Hours High: $ 119.69
Percent Increase at High: 2.14%
After Hours Most Recent Price: $ 119.38
Percent Increase at Most Recent Price: 1.88%
Sector: Healthcare
Days to Cover: 6.0
Short %: 2.85 %
% Held by Insiders: 0.26 %
% Held by Institutions: 92.90 %
50 Day Moving Average: $114.06
200 Day Moving Average: $108.31

Cramer's second recommendation was Capital One Financial Corp. (COF) as a play of consumer debt.

Closing Price: $75.41
After Hours High: $ 76.73
Percent Increase at High: 1.75%
After Hours Most Recent Price: $ 76.28
Percent Increase at Most Recent Price: 1.15%
Sector: Financial
Days to Cover: 6.9
Short %: 5.79 %
% Held by Insiders: 1.46 %
% Held by Institutions: 85.30 %
50 Day Moving Average: $78.40
200 Day Moving Average: $81.14

Update - STZ

Pre-Market High: $ 28.05
Pre-Market Low: $ 27.82
Pre-Market Close: $ 27.90
Pre-Market Volume: 6,300
Last Nights Price: $28.05

Regular Hours Open: $27.90
Initial Spike Price: $28.15
Time of Spike: 9:35am
Initial Drop in Price from Initial Spike: down $0.43 (1.5%) to $27.72
Time of Initial Drop: 10:11am
High for the Day: $28.15
Low for the Day: $27.72
End of Day Closing Price: $27.77, up $0.26

Monday, November 27, 2006

November 27th - Weak Dollar Plays, STZ SQM

Cramer started out looking at the weak dollar and said that there is always a bull market in some sector. He said that global companies don't get hurt by the weaker dollar and named several companies who have most of their sales outside of the US. He said the best stocks that fit this profile are:

Altria Group Inc. (MO)

Procter & Gamble Co. (PG)
EI DuPont de Nemours & Co. (DD)
Halliburton Co. (HAL)

This segment was Cramer's game-plan which he normally does on Friday's and where he normally picks bigger, safer stocks. These 4 I don't consider to be short candidates based on current price and size.

Next Cramer looked at red wine and the recent reports that it has shown to increase the life span of lab mice. He recommended Constellation Brands Inc. (STZ) after the stock has hardly moved after this "good sector news".

Closing Price: $27.51
After Hours High and Level Off Price: $28.05
Percent Increase: 2.0%
Sector: Consumer Goods
Days to Cover: 5.4
Short %: 4.18 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $27.87
200 Day Moving Average: $26.03

It appears that the Cramer audience also isn't eager to bid up the stock that Cramer thinks should have sky rocketed after the news from earlier this month. The was close to the 50 day moving average and has now gone above it after hours, which would typically be seen as a bullish sign. Not exactly a big enough spike after hours to consider a short yet. This may also be because of the big down day in the market which may damper peoples buying spirits. The questions to consider are; are we looking at another big down day tomorrow which will likely bring this one down on any spike tomorrow, and will this even open high enough to bother shorting? For me, there would have to be a much more considerable spike above the current after hours levels to make it worth while.

Finally Cramer recommended Chemical & Mining Co. of Chile Inc. (SQM) as a play on Chile.

Closing Price: $132.00
Sector: Basic Materials
Days to Cover: 0.7
Short %: 3.16 %
% Held by Insiders: %
% Held by Institutions: 9.90 %
50 Day Moving Average: $121.89
200 Day Moving Average: $112.03

Obviously too expensive here at $132.00 and the stock is only up around 25-cents after hours.

Friday, November 24, 2006

November 24th - Retail Top 10 - Repeat

Cramer took a look at the best of breed retail plays. This is of course a repeat show. The stocks mentioned are:

BBY Best Buy Co. Inc.
LOW Lowe's Companies Inc.
COST Costco Wholesale Corp.
WMT Wal-Mart Stores Inc.
MW Men's Wearhouse Inc.
FD Federated Department Stores Inc.
SHLD Sears Holdings Corporation
JCP J C Penney Corporation, Inc.
CWTR Coldwater Creek Inc.
SBUX Starbucks Corp.
CBH Commerce Bancorp Inc.

Wednesday, November 22, 2006

November 22nd - Repeat

Cramer had a repeat show because of the holiday tomorrow. The topic was speculation and stocks in the $2 to $10 price range.

Update - BEAS CYBX

BEAS
Pre-Market High: $ 13.99
Pre-Market Low: $ 13.57
Pre-Market Close: $ 13.80
Pre-Market Volume: 1,100,467
Last Nights Price: n/a

Regular Hours Open: $13.80
Initial Spike Price: $13.85
Time of Spike: 9:32am
Initial Drop in Price from Initial Spike: down $0.15 (-1.1%) to $13.70
Time of Initial Drop: 9:43am
High for the Day: $14.06
Low for the Day: $13.70
End of Day Closing Price: $13.95, up $0.73

CYBX
Pre-Market High: $ 26.30
Pre-Market Low: $ 25.75
Pre-Market Close: $ 26.11
Pre-Market Volume: 100,667
Last Nights Price: $26.10

Regular Hours Open: $26.18
Initial Spike Price: $26.18
Time of Spike: 9:30am
Initial Drop in Price from Initial Spike: down $1.16 (-4.4%) to $25.02
Time of Initial Drop: 9:35am
High for the Day: $27.55
Low for the Day: $25.02
End of Day Closing Price: $25.88, up $1.25

Tuesday, November 21, 2006

November 21st - HAS CYBX BEAS

Cramer's first segment looked at toy companies for the Christmas season. He said although it seems obvious, both Hasbro Inc. (HAS) and Mattel Inc. (MAT) do outperform this time of year, but Cramer did favor HAS for its superior product lineup.

HAS
Closing Price: $27.10
After Hours High: $27.56
Percent Increase: 1.7%
After Hours Level Off Point: $27.45
Percent Increase: 1.3%
Sector: Consumer Goods
Days to Cover: 1.8
Short %: 1.54 %
% Held by Insiders: 10.03 %
% Held by Institutions: 85.10 %
50 Day Moving Average: $24.05
200 Day Moving Average: $20.70

This is looking a lot like Cramer's DIS pick on last Friday where there was very little price increase after hours and no opening bell spike to speak of the next day. Not very interesting right now, unless there is a much more considerable spike at the open, which is unlikely.

Next Cramer looked at another options backdating play and recommended Cyberonics Inc. (CYBX). Cramer's thesis is that if the company is involved in options backdating, that means they know that the company is doing well enough that options are a good way to make money. Cramer also said the firing of the CEO over this "scandal" will also help the stock.

Closing Price: $24.63
After Hours High: $26.47
Percent Increase: 7.5%
After Hours Level Off Point: $26.10
Percent Increase: 6.0%
Sector: Healthcare
Days to Cover: 17.1
Short %: 25.03 %
% Held by Insiders: 5.43 %
% Held by Institutions: 70.50 %
50 Day Moving Average: $18.22
200 Day Moving Average: $21.50

The stock was a little wild today as the CEO resignation happened today. The stock was up over $1 today, before only closing up $0.46. The after hours has taken the stock much higher, up around $1.50 after hours. Cramer is also talking takeover target here which also makes people buy after hours a bit more I think. There is also a rather large short percentage (1/4 of the shares) combined with a small average daily volume which could equal some short covering that could hold the price up. So there are a few worrisome pieces of information that make this a risky short tomorrow, but if the stock opens up anywhere near $27, which would only be 55-cents higher than the high tonight then that would be a tough gain to hold for very long considering the stock couldn't hold its large gains from today.

Finally Cramer recommended BEA Systems Inc. (BEAS) even though it has an options problem, couldn't report earnings, and has suspended its buyback program. Cramer thinks when the options probe ends the stock could rise. The company did raise its revenue guidance, but Cramer did say they couldn't report earnings....so this is of course risky if their operating costs are increasing thus reducing net income even if revenues are potentially higher as per the guidance thus making the guidance not so great??

Closing Price: $13.22
Sector: Technology
Days to Cover: 2.1
Short %: 3.50 %
% Held by Insiders: 4.67 %
% Held by Institutions: 84.60 %
50 Day Moving Average: $15.32
200 Day Moving Average: $13.15

The after hours must be closed for this one as I don't see any trading activity at all. The cheap price and fact that this is a tech play leads me to think there will be plenty of buyers tomorrow morning. It is nice seeing the after hours high to get a guage of how high people were willing to pay so I will be paying close attention to the first few trades of the pre-market to get an idea where the 9:30am opening price might be. Often times the 9:30 opening price has been higher than the after hours high.

Update - THS IPG

THS
Pre-Market High: $32.00
Pre-Market Low: $31.75
Pre-Market Close: $32.00
Pre-Market Volume: 2,000
Last Nights Price: $31.71

Regular Hours Open: $32.10
Initial Spike Price: $32.15
Time of Spike: 9:36am (Trading didn't start until 9:36am)
Initial Drop in Price from Initial Spike: down $0.63 (-2.0%) to $31.52
Time of Initial Drop: 10:01am
High for the Day: $32.15
Low for the Day: $31.16
End of Day Closing Price: $31.60, up $0.96


IPG
Pre-Market High: $ 12.49
Pre-Market Low: $ 12.15
Pre-Market Close: $ 12.20
Pre-Market Volume: 70,300
Last Nights Price: $12.40

Regular Hours Open: $12.00
Initial Spike Price: $12.20
Time of Spike: 9:30am
Initial Drop in Price from Initial Spike: down $0.28 (-2.3%) to $11.92
Time of Initial Drop: 9:44am
High for the Day: $12.20
Low for the Day: $11.92
End of Day Closing Price: $12.02, up $0.31

Monday, November 20, 2006

November 20th - RS IPG THS

Cramer started out looking for the next takeover target after a big day of M&A. He recommended Reliance Steel & Aluminum Co. (RS)

Closing Price: $35.55
After Hours Price: $37.17
Percent Increase: 4.6%
Sector: Industrial Goods
Days to Cover: 1.6
Short %: 2.34 %
% Held by Insiders: 13.16 %
% Held by Institutions: 74.40 %
50 Day Moving Average: $33.03
200 Day Moving Average: $38.26

The stock was up over 5% today on sector M&A news which makes me concerned about the price potential action tomorrow. I would personally stay away from this one to avoid the risk of more M&A action tomorrow or even the speculation of it that could keep this stock up high.

Next Cramer recommended Interpublic Group of Companies Inc. (IPG) as a turnaround story after some new big contracts for the advertising company.

Closing Price: $11.71
After Hours High Price: $12.40
Percent Increase: 5.9%
Sector: Services
Days to Cover: 12.4
Short %: 10.68 %
% Held by Insiders: 10.44 %
% Held by Institutions: N/A
50 Day Moving Average: $10.41
200 Day Moving Average: $9.54

Decent price pop after hours. The stock was down today, and the after hours push has created a new 52-week high. The moving averages don't appear to be in play, but since the price is above both the 50 and 200 MA's it is a positive sign for the stock. This of course does not mean that the stock won't come down from an early spike. I have also been seeing a lot of articles about the market getting very toppy and how we are due for a correction. A correction will certainly help slow, but not necessarily stop these Cramer recommendations. I also think with all the M&A activity today and the lack of a big general market rally certainly points to a possible larger correction (aka bear market).

Finally Cramer recommended Treehouse Foods Inc. (THS) because of the companies ability to use leveraged buyouts to increase its earnings.

Closing Price: $30.64
After Hours Price: $31.71
Percent Increase: 3.5%
Sector: Consumer Goods
Days to Cover: 15.3
Short %: 7.39 %
% Held by Insiders: 3.04 %
% Held by Institutions: 94.90 %

The daily volume average on this stock is very low, just above 100,000. This could certainly lead to the biggest spike in price due to a high demand and possible low supply (especially if the institutions hold their shares). The stock did break $32 after hours, so I would look for anything around that level to get a good short entry point. And since I haven't mentioned it in a while, this is a very short term short of possibly minutes to catch the quick ride down from an opening spike. It certainly isn't a guarantee, but after a stock opens up several percent it has only been in rare occasions where the stock has a lot more to go up that day so even on a bad trade the upside in the stock price is pretty limited.

Update - DIS

Pre-Market High: $ 33.30
Pre-Market Low: $ 32.98
Pre-Market Close: $ 33
Pre-Market High:$ 33.30
Pre-Market Volume: 60,100
Last Nights Price: $33.49

Regular Hours Open: $33.00
Initial Spike Price: $33.00
Time of Spike: 9:30am
Initial Drop in Price from Initial Spike: down $0.12 (-0.4% ) to $32.88
Time of Initial Drop: 9:39am
High for the Day: $33.12
Low for the Day: $32.87
End of Day Closing Price: $33.12, up $0.18

A short on Friday night would have been the most successful time to short, seeing as how there was little spike this morning. Certainly an indication that the after hours often dictates the action the next trading day. The weekend may have also been a factor since I don't think people were eagerly awaiting to trade this pick.

Friday, November 17, 2006

November 17th - DIS DJO

Cramer started out talking about the NYMEX HOLDINGS INC (NMX) and its huge IPO today and said its a bit pricey now after the 100% pop and prefers NYSE Group, Inc. (NYX)
from a valuation perspective.

Cramer moved one quickly to Walt Disney Co. (DIS) and gave it a triple buy.

Closing Price: $32.94
After Hours High: $33.49
Percent Increase at High: 1.7%
Price Level Off Point: $33.38
Percent Increase at Level Off Point: 1.3%
Sector: Services
Days to Cover: 5.1
Short %: 2.25 %
% Held by Insiders: 20.49 %
% Held by Institutions: 69.20 %

Obviously not a compelling story for people to run out and buy DIS. Maybe everyone spent all their money on the NMX IPO??? If the after hours price is any indication, there may not be a much bigger spike come Monday morning, unless there is some news over the weekend. Maybe if there is a spike to close to $34 on Monday morning then there might be an opportunity, otherwise there isn't enough of an increase.

Finally Cramer recommended DJO Incorporated (DJO) which owns the market share for knee braces. The price is just above the range I consider for shorting, even with a decent 3.3% gain in the stock after hours.

Closing Price: $44.43
Sector: Healthcare
Days to Cover: 9.6
Short %: 7.92 %
% Held by Insiders: 1.04 %
% Held by Institutions: n/a

Thursday, November 16, 2006

November 16th - NKE UARM SHLD

Cramer focused on Nike Inc. (NKE) and Under Armour, Inc. (UARM) and said they benefited from Adidas' poor management of Reebok. Cramer was clear to say that you can't own both NKE and UARM because you wouldn't be diversified. Cramer said the one to buy depends on your investing style. He said UARM is the riskier stock of the two, so that should be the major consideration when deciding. As seen below, these are too expensive for shorting in my opinion. I also watch UARM on a daily basis and it is a very volatile stock which can go up or down a dollar or more on any give day which tells me that the stock could possibly sustain an early price pop.

NKE
Closing Price: $95.23
Sector: Consumer Goods
Days to Cover: 1.9
Short %: 4.43 %
% Held by Insiders: 29.91 %
% Held by Institutions: 60.90 %

UARM
Closing Price: $46.25
Sector: Consumer Goods
Days to Cover: 8.2
Short %: 52.39 %
% Held by Insiders: n/a
% Held by Institutions: n/a

Finally Cramer defended Sears Holdings Corporation (SHLD) and said it was a gift after being knocked down nearly $10 after their earnings report this morning. Cramer said he is not big on the stock because of its retail ability but because of Ed Lampert and his investing ability, who Cramer says is the best investor of our time. Cramer said that Lampert takes the profits from Sears/Kmart and invests it and you are essentially buying into a hedge fund without the large quantities of cash normally required. Cramer says the street does not consider Lamperts investing as a value to SHLD and that is a mistake. Too expensive again to short off the Cramer recommendation here.

Closing Price: $169.26
Sector: Services
Days to Cover: 5.2
Short %: 11.41 %
% Held by Insiders: n/a
% Held by Institutions: n/a

Update - ENT

Pre-Market High: $ 9.05
Pre-Market Low: $ 8.48
Pre-Market Close: $ 8.99
Pre-Market Volume: 285,900
Last Nights Price: $8.99

Regular Hours Open: $8.89
Initial Spike Price: $9.31
Time of Spike: 9:30am
Initial Drop in Price from Initial Spike: down $0.89 (-9.6%) to $8.42
Time of Initial Drop: 9:45am
High for the Day: $9.31
Low for the Day: $8.42
End of Day Closing Price: $8.72, up $1.24

Wednesday, November 15, 2006

November 15th - AAPL Canadian Energy Trusts

Cramer's first segment looked at Microsofts new portable music player the Zune and how it is trying to compete with Apple Computer Inc. (AAPL) and Cramer made the bold statement that the Zune "sucks" and to buy AAPL which is going to $100.

Closing Price: $84.05
Sector: Technology
Days to Cover: 1.1
Short %: 3.30 %
% Held by Insiders: 1.48 %
% Held by Institutions: 72.40 %

Too expensive and too big to short of course and although I don't know much about the Zune, I'm not sure what it can have that can pull people away from the iPods, unless they cut prices by so much that people want to save some bucks. Microsoft does have the money to support a weaker product and hope that it catches on, but I don't see why AAPL should worry about that.

Finally Cramer looked at Canadian Energy Trust due to their high yields after getting many emails on it. These stocks (trusts) have been hit by the Canadian government after they have decided to tax income trusts as corporations (in 4 years time) because they government was missing out on too much money. Cramer named the following 5 of these trusts where he thinks the bottom is in and will bounce back up some. He also said that if the government changes their mind on this decision, these stocks should go back up where they were a few weeks ago.

Canetic Resources Trust (CNE)
Enterra Energy Trust (ENT)
Pengrowth Energy Trust (PGH)
Baytex Energy Trust (BTE)
Precision Drilling Trust (PDS)

CNE
Closing Price: $13.19
After Hours Price: $14.39
Percent Increase: 9.1%
Days to Cover: 0.2
Short %: 0.09 %
% Held by Insiders: 1.41 %
% Held by Institutions: 12.70 %

ENT
Closing Price: $7.48
After Hours High: $8.99
Percent Increase: 20.2%
Sector: Basic Materials
Days to Cover: 6.6
Short %: 5.06 %
% Held by Insiders: 0.49 %
% Held by Institutions: 14.30 %

PGH
Closing Price: $16.39
After Hours Price: $17.11
Percent Increase: 4.4%
Sector: Basic Materials
Days to Cover: 1.7
Short %: 1.49 %
% Held by Insiders: 2.59 %
% Held by Institutions: 0.30 %

BTE
Closing Price: $17.84
After Hours Price: $19.19
Percent Increase: 7.6%
Sector: Basic Materials
Days to Cover: 1.1
Short %: 0.33 %
% Held by Insiders: 0.77 %
% Held by Institutions: 10.20 %

PDS
Closing Price: $23.01
After Hours Price: $24.44
Percent Increase: 6.2%
Sector: Basic Materials
Days to Cover: 1.8
Short %: 1.14 %
% Held by Insiders: 1.99 %
% Held by Institutions: 34.20 %

All of these stocks/trusts were up BIG today, between 5 and 10% each and all on higher then average volume. All of these stocks are up big after hours now as well with ENT up around 30% for the day! Seems pretty ridiculous, but these stocks have been hammered since the announcement from the government but they are still down from where they were even with this spike (except for ENT). I looked at some Canadian news sites to see if there was some news to give a reason why these income trusts were up today but didn't see anything besides the federal government running at its first deficit for the year (because they lowered sales tax by 1%). So....will all the investors that got killed on these stocks see this as an opportunity to get out? Can these stocks go back up to where they were? Not likely because the government hasn't changed their mind on this yet so the upside can only be so high. ENT is probably the one I will focus on since it is up the most after hours, and I didn't see it break $9 as I was watching but hit $8.99 so it may test that again tomorrow morning and fall back. It is also trading higher after hours then it was before the government news hit so it has likely gone up the most because it is the cheapest, even if it doesn't deserve to be there. It did just report earnings on the 10th and has been down since then...before today.

Tuesday, November 14, 2006

November 14th - IPOs

Cramer's first segment looked at 3 upcoming IPO's this week. Since none of these even trade yet there are no shorting opportunities but I will go over what Cramer thinks of these IPO's.

The first IPO is KBR which is a spinoff from Halliburton Co. (HAL). The IPO price range is $15-17 as people think the new government make-up will be bad news for the company, but Cramer doesn't agree and says this is being priced at a 20% discount to other similar companies. Cramer said he would be a buyer of this IPO, but it is highly over-subscribed so it won't be easy to get in for the actual IPO. He also suggested buying HAL since it will still own a percentage of KBR and is undervalued itself and spinning off KBR could help HAL. HAL is up after hours, but since it trades with oil prices it is not something I am interested in shorting.

The next IPO is the NYMEX (NMX) which is the exchange for energy trading. Again, it is over subscribed and is being priced in a range of $54-57 and added another half million shares to 6.5 million shares total. This is the one Cramer says he wants people to buy. He said other exchanges that have come public have done very well and sees the same thing happening here.

Cramer's final IPO was Hertz (HTZ) and he said this was one to stay away from and is comparing it to the Sealy (ZZ) which performed terribly. Cramer said this one will disappoint because the debt has gone up, dropped net income, and a lot of the IPO funds will go towards paying off a loan which was taken out to pay a special dividend.

Update - CWTR

Pre-Market High: $ 30.17
Pre-Market Low: $ 29.55
Pre-Market Close: $ 30.07
Pre-Market Volume: 53,147
Last Nights Price: $29.70

Regular Hours Open: $30.14
Initial Spike Price: $30.14
Time of Spike: 9:30am
Initial Drop in Price from Initial Spike: down $1.29 (-4.3%) to $28.85
Time of Initial Drop: 9:45am
High for the Day: $30.14
Low for the Day: $28.85
End of Day Closing Price: $29.67, up $1.07

Monday, November 13, 2006

November 13th - CWTR TM KBH

Cramer's first recommendation was Coldwater Creek Inc. (CWTR) for its new online "easy to use" website and overall business and is another regional to national story.

Closing Price: $28.60
After Hours High: $29.70
Percent Increase at High: 3.8%
Price Level Off Point: $29.55
Percent Increase at Level Off Point: 3.3%
Sector: Services
Days to Cover: 12.1
Short %: 19.23 %
% Held by Insiders: n/a
% Held by Institutions: n/a

The company is set to release earnings on November 21st. This is also a big week for other retail stores to report earnings, so depending on how those other companies do in their earnings reports it may effect the entire sector as well as this stock. I haven't had time to check, but the stock was as high as $29.30 today, before it closed the day in the red down 19-cents at $28.60, so I can only assume one of its peers didn't do very well. So, with the stock trading around $29.60 after hours, we are only up 30-cents from today's high. Also, the 50 day moving average is at $28.96 so this move after hours has pushed us well above that (much like it did today obviously), so with this "good news" from Cramer, $29 could easily be the support level now.

I would also like to take this opportunity to give a sneak peak to the program I have been working on that I like to call "Instant Homework". What it does is take any stock code I type in and it goes and "crawls" the web on certain webpages for specific stock information that I use to make some calculations and show some figures that can be important when analyzing stocks. This is a very rough look at what my program is generating. I plan on adding to this as time permits and cleaning it up and developing some way organize the different stocks that are analyzed. So please feel free to comment here on this blog with suggestions (or stocks you would like to see some analysis on). CWTR ANALYSIS HERE

Cramer's next recommendation was Toyota Motor Corp. (TM)

Closing Price: $120.88
Sector: Consumer Goods
Days to Cover: 1.6
Short %: 0.04 %
% Held by Insiders: 0.99 %
% Held by Institutions: 2.60 %

Too rich for my blood on the short side here because these expensive stocks don't get the big spikes (percentage-wise) as the stock is only up around 50-cents after hours.

Finally Cramer recommended KB Home (KBH) after the CEO stepped down after an options back dating allegations.

Closing Price: $44.78
Sector: Industrial Goods
Days to Cover: 3.7
Short %: 13.43 %
% Held by Insiders: 3.73 %
% Held by Institutions: 86.90 %

Cramer's said that the CEO obviously saw value in the stock and that's why stock options were granted. Otherwise he could have just issued cash. Cramer also restated his theory that stocks get his with options backdating allegations that the stocks normally rebound after nothing really bad happens in the long run with the stock. The is above the max price I look for when shorting and the stock is only up just over 1% after hours.

Update - TRMP

Pre-Market High: $ 24.20
Pre-Market Low: $ 22.75
Pre-Market Close: $ 23.66
Pre-Market Volume: 166,314
Last Nights Price: $23.10

Regular Hours Open: $23.68
Initial Spike Price: $23.80
Time of Spike: 9:31am
Initial Drop in Price from Initial Spike: down $0.94 (-4.0%) to $22.86
Time of Initial Drop: 9:5oam
High for the Day: $23.80
Low for the Day: $22.79
End of Day Closing Price: $23.30, up $1.25

Friday, November 10, 2006

November 10th - TRMP MA

Cramer's first recommendation was Trump Entertainment Resorts Inc. (TRMP). Cramer said this could go up $5 but warned people that if they pay up after hours they won't be able to get much. He also put a longer term price target of $32.

Closing Price: $22.05
After Hours High: $23.10
Percent Increase at High: 4.8%
Price Level Off Point: $22.95
Percent Increase at Level Off Point: 4.1%
Trades On: NasdaqGM
Sector: Services
Days to Cover: 14.1
Short %: 11.17 %
% Held by Insiders: 46.56 %
% Held by Institutions: n/a

Cramer warned several times to not pay up for the stock because it will ruin the trade which dropped the stock down under $23 immediately. Cramer mentioned a November 14th meeting which should influence this stock (and the run up to that meeting) about a new casino. Of course this is slightly concerning if this is going to give momentum to the stock, but this is a large gain after hours that has pushed it past its 52-week high. The company also has negative EPS so the recent rise from the $17 level must be coming from this news so I wonder if it is already priced in. I expect a typical Cramer effect drop at the opening bell next week but wouldn't be surprised if it bounces right back up given Cramer's lofty price targets.

Next Cramer said MasterCard Incorporated (MA) is still a buy and going higher even though it has more than doubled since its IPO. The stock closed today at $89.20 so is too expensive, not to mention has too much momentum behind it.

Thursday, November 09, 2006

November 9th - NYX CMG JBX

Cramer first spoke of NYSE Group, Inc. (NYX) and said that the stock could go to $250. The stock closed today $87.56 and although it is an "expensive" stock it had plenty of after hours volume and was up $3.62, after the stock was up $5.05 in regular hours trading. Even with the 4% after hours it is too expensive for shorting in my opinion as it would take a lot of capital to get a small number of shares short, not to mention the momentum the stock has shown.

Next, Cramer said Burritos are the new pizza and recommended Chipotle Mexican Grill, Inc. (CMG) and Jack in the Box Inc. (JBX). CMG closed today at $56.58 (down $1.10) and after hours only went up $0.67. JBX closed today at $54.75 (down $1.15) and after hours only went up $0.50. So both stocks have very similar days and reactions to Cramer's recommendation, but both weren't able to recover their days losses which means these are ANGO no-short stocks (when the stock price after hours doesn't go above the daily high) not to mention they are above the price that has shown to be best for shorting.

November 9th - NYX CMG JBX

Cramer first spoke of NYSE Group, Inc. (NYX) and said that the stock could go to $250. The stock closed today $87.56 and although it is an "expensive" stock it had plenty of after hours volume and was up $3.62, after the stock was up $5.05 in regular hours trading. Even with the 4% after hours it is too expensive for shorting in my opinion as it would take a lot of capital to get a small number of shares short, not to mention the momentum the stock has shown.

Next, Cramer said Burritos are the new pizza and recommended Chipotle Mexican Grill, Inc. (CMG) and Jack in the Box Inc. (JBX). CMG closed today at $56.58 (down $1.10) and after hours only went up $0.67. JBX closed today at $54.75 (down $1.15) and after hours only went up $0.50. So both stocks have very similar days and reactions to Cramer's recommendation, but both weren't able to recover their days losses which means these are ANGO no-short stocks (when the stock price after hours doesn't go above the daily high) not to mention they are above the price that has shown to be best for shorting.

November 8th

I was unable to post last night because blogger was down for the better part of the evening. Just as well since Cramer didn't have any shortable picks in my opinion. He first spoke of the election and some of its impacts, but did not focus on any particular stock. He then spoke the the CEO of SIRI after they reported a smaller loss. The stock closed up around 10-cents but is not an opportunity in my opinion since it is just a heavily traded stock.

Wednesday, November 08, 2006

Update - ATVI

Pre-Market High: $ 16.15
Pre-Market Low: $ 15.92
Pre-Market Close: $ 16.12
Pre-Market Volume: 87,893
Last Nights Price: $16.11

Regular Hours Open: $16.14
Initial Spike Price: $16.15
Time of Spike: 9:30am
Initial Drop in Price from Initial Spike: down $0.29 (-1.8%) to $15.86
Time of Initial Drop: 9:37am
High for the Day: $16.18
Low for the Day: $15.85
End of Day Closing Price: $15.87, up $0.22

Tuesday, November 07, 2006

November 7th - ATVI RIMM CSCO

In Cramer's first he recommended Activision Inc. (ATVI) as a hot holiday gift play.

Closing Price: $15.65
After Hours High: $16.11
Percent Increase at High: 2.9%
Price Level Off Point: $16.08
Percent Increase at Level Off Point: 2.7%
Trades On: NasdaqGS
Sector: Technology
Days to Cover: 4.7
Short %: 8.21 %
% Held by Insiders: n/a
% Held by Institutions: n/a

Not a huge spike after hours. Cramer also said that they are releasing Call of Duty 3 tomorrow. I also seem to recall him recommending this stock back when the Xbox 360 released Call of Duty 2. The current quarter estimates are negative and the p/e is very high based on current earnings, but there are higher estimates for coming quarters. Cramer also mentioned that they had a pre-announcement of better than expected earnings. The stock also trades similarly to ERTS who had a stronger than expected earnings report recently so sector strength may have a factor on where this one goes in the morning. I would also look to see if $16 marks the lower resistance point for the stock much like $10 was the support for KKD today as it bounced of $10 and shot right back up after the initial fall. Since ATVI isn't too far above $16 it may be a different story. The stock is also above the 50 and 200 day moving averages, and those values are much lower than the current price so those numbers aren't likely to come into play as support levels for tomorrow mornings action.

Next, as a play on gadgets, Cramer recommended Research In Motion Ltd. even after its huge move. The stock closed today at $122.77 so is far outside of the range for shorting. Cramer did say however that if you haven't taken profits in the stock after its move from $60 to $120 that you are being a pig.

Finally Cramer said to stay away from the cheap little telecommunications except for Cisco Systems, Inc. (CSCO). Although CSCO is under $30, it trades over 30 million shares a day, reports earnings tomorrow night, and has been up the last 2 days since Cramer mentioned it in his Friday game plan. Way too dangerous to short here.

Update - KKD BBI

KKD
Pre-Market High: $ 10.70
Pre-Market Low: $ 10.40
Pre-Market Close: $ 10.40
Pre-Market Volume: 22,600
Last Nights Price: $10.85

Regular Hours Open: $10.42
Initial Spike Price: $10.50
Time of Spike: 9:31am
Initial Drop in Price from Initial Spike: Down $0.50 (-5.0%) to $10.00
Time of Initial Drop: 9:45am
High for the Day: $10.50
Low for the Day: $10.00
End of Day Closing Price: $10.21, up $0.63


BBI
Pre-Market High: $ 4.72
Pre-Market Low: $ 4.62
Pre-Market Close: $ 4.69
Pre-Market Volume: 59,700
Last Nights Price: $4.76

Regular Hours Open: $4.70
Initial Spike Price: $4.78
Time of Spike: 10:20am
Initial Drop in Price from Initial Spike: Down $0.12 (-2.5%) to $4.66
Time of Initial Drop: 10:35
High for the Day: $4.82
Low for the Day: $4.62
End of Day Closing Price: $4.69, up $0.27

Not a great one with BBI as there was no significant spike at the open and only a small spike and decline around 10:20. Volume was around 5x higher than average, so there apparently weren't many weak hands in the stock, but I wouldn't say there was enough of a run up to call a short squeeze.

Monday, November 06, 2006

November 6th - Tech Stocks KKD BBI

Cramer started out talking about market leadership and stocks that just don't want to go down.
He said the new leader is technology and named off several big name tech companies that are all good buys (basically any big tech name you can think of he mentioned). I certainly would not run out and short ever tech company since there was no stock that was focused on even though I'm sure people went out and bought some of the names mentioned.

Next Cramer recommended KRISPY KREME DOUGHNT (KKD) even after he has been bearish on the stock for a long time. He did not come up with this idea himself as another analyst recommended the stock recently. Cramer said that the risk reward is great for this stock right now.

Closing Price: $9.58
After Hours High: $10.85
Percent Increase at High: 13.3%
Price Level Off Point: $10.63
Percent Increase at Level Off Point: 11%
Trades On: NYSE
Sector: Services
Days to Cover: 51.8
Short %: n/a
% Held by Insiders: n/a
% Held by Institutions: n/a

Insane pop after hours on this recommendation after the stock was already up 5% today during regular hours. Cramer claims that there are no weak hands in the stock which means he doesn't think it can be taken down much. I'm not sure I trust the short data since it says it says 51.8 days to cover, but the short % is missing. Either way, I don't think this stock can hold this large gain based on some analyst recommendations on a hated stock. Unless it breaks $11 early I would think a short in the high 10's would be pretty good short point.

Finally Cramer recommended another beat up stock Blockbuster Inc. (BBI) after the company is trying to compete with netflix by allowing customers that return mailed DVDs to the store directly instead of putting it in the mailbox a free rental.

Closing Price: $4.42
After Hours Price: $4.76
Percent Increase: 7.7%
Trades On: NYSE
Sector: Services
Days to Cover: 18.8
Short %: 19.26 %
% Held by Insiders: n/a
% Held by Institutions: n/a

Another counter intuitive pick from Cramer that I'm sure has many people questioning him. With both this and KKD, these are not going to be overnight turnarounds which tells me that the likelihood of this holding its gains of nearly 8% tonight are unlikely in my opinion. The only thing to consider with these two picks would be the short days to cover if in fact people get scared by this after hours action and are paniced into covering tomorrow. Regardless, I still don't think these large gains will hold the entire day.

Friday, November 03, 2006

November 3rd - Cheap Trick

Cramer's first segment spoke of "unlearning" what you know about money. He was referring to the fact that people like stocks under $10 because they are "cheap" which isn't always true, and that its the p/e ratio that matters when valuing a stock. He said even though cheap stocks have less room to fall, you can still loose 100% of your investment. He compared Charter Communications Inc. (CHTR) and Comcast Corp. (CMCSA) and although CHTR trades in the $2 range and CMCSA trades at $40, that CMCSA is actually cheaper because it has earnings and CHTR does not. Not to mention CMCSA is just a stronger company. These aren't picks from Cramer and more of an educational segment so no plays here.

Cramer continued his theme of stocks he wouldn't touch with a 10 foot pole even though they are under $10 and look cheap. The next one to stay away from was Gateway Inc. (GTW)
and said it was more expensive than Hewlett-Packard Co. (HPQ) even though they trade at $1.64 and $38.22 respectively when comparing forward looking p/e ratios (since GTW has no current earnings but analysts expect future earnings). Again, nothing to short here on this educational type show. Hopefully this education won't stop people for irrationally bidding up future picks!

Update - QSFT

Pre-Market High: $ 15.15
Pre-Market Low: $ 14.81
Pre-Market Close: $ 14.94
Pre-Market Volume: 130,700
Last Nights Price:15.06

Regular Hours Open: $14.96
Initial Spike Price: $15.00
Time of Spike: 9:31am
Initial Drop in Price from Initial Spike: $14.68, down (-2.1%) $0.32
Time of Initial Drop: 9:48am
High for the Day: $15.00
Low for the Day: $14.63
End of Day Closing Price: $14.85, up $0.43

Thursday, November 02, 2006

November 2nd - WTS QSFT

Cramer's first segment highlighted Watts Water Technologies, Inc. (WTS) as yet another play on the shortage of water. In the past Cramer has recommended WTR and PNR which did not turn out too well.

Closing Price: $39.79
After Hours High: $40.72
Percent Increase at High: 2.3%
Price Level Off Point: $40.40
Percent Increase at Level Off Point: 1.5%
Trades on NYSE
Sector: Industrial Goods
Short %: 14.57%
Days to Cover: 18.6
% Held By Insiders: n/a
% Held By Institutions: n/a

Just outside the top side of the price range for shorting as this is now above $40. High short percentage, recent large run, and low average volume means this could be in a bit of a short squeeze which means jumping in with a short might not be a great idea. The stock did break $40 briefly during regular hours trading and fell back down below it. This recommendation may have pushed this through a psychological resistance point as well. Very possible this will fall off an early spike, but this could show strength if shorts are forced to cover.

Next Cramer said he did not like people who use charts to make investing decisions (even though his wife was apparently quite good at it and helped Cramer...according to his book "The Street Addict"). He said he looks for charts to find anomalies and said Quest Software Inc. (QSFT) had lots of bad news (bad quarter, options backdating) but is a buy because it is a broken stock with a base. He recommended getting in now and expects a good 4th quarter. He also said it has takeover potential.

Closing Price: $14.42
After Hours High: $15.15
Percent Increase at High: 5.1%
Price Level Off Point: $15.06
Percent Increase at Level Off Point: 4.4%
Trades on NASDAQ
Sector: Technology
Short %: 11.31%
Days to Cover: 3.9
% Held By Insiders: n/a
% Held By Institutions: n/a

Hovering just slightly over the $15 psychological price point which didn't seem to be an issue after hours. Looking at the recent price history, this is not a big moving stock on a daily basis and has been in the $14's for the last month and a bit. I would be surprised if this held above $15 as this would mean the stock would have to stay up around 4% for the entire day which isn't common for the stock. Again I would be looking at $15 and suspect it could trade slightly below that but could spike above it at the opening bell, but I don't see it holding.

Update - LMC

Pre-Market High: $36.47
Pre-Market Low: $35.50
Pre-Market Close: $35.67
Pre-Market Volume: 17,500 Shares
After Hours Last Night: $36.81

Regular Hours Open: $35.50
Initial Spike Price: $37.25
Time of Spike: 9:34am
Initial Drop in Price from Initial Spike: down $1.75 (-6.4%) to $35.50
Time of Initial Drop: 10:01am
High for the Day: $37.25
Low for the Day: $35.50
End of Day Closing Price: $35.76 up $0.75

Wednesday, November 01, 2006

November 1st - TWX LMC

Cramer's first segment looked at what is working in the current market and what isn't. He said minerals and mining were hot and would continue to be. He said the next hot topic is "cable" and spoke of Time Warner Inc. (TWX). TWX trades on average over 24 million shares a day (and over double that today) as it is coming off earnings news. Too big of a stock to short here off a Cramer recommendation in my opinion.

Next Cramer recommended the former EZM which is now LUDIN MINING CORP (LMC) as a play on zinc and copper.

Closing Price: $35.01
After Hours High: $37.50
After Hours Level Off Point: $36.81

Cramer said that the formation of the new company has given the company more assets and could be a takeover target for some larger players in the sector. Not a lot of information on this stock as it appears it has just started trading under this stock code and according to the headlines they just finalized their merger yesterday. The volume was very small today at only 69,000 shares traded which means if lots of people start buying this tomorrow we could see a large spike. Personally my web broker doesn't even recognize LMC as a stock code yet so I can't see what the after hours action is like yet. I will have to check the delayed quotes in a bit to see.
Update: Not too surprisingly there was a big spike after hours, up near $2.50 at one point. Could be a dangerous one tomorrow but will likely have some opportunities to trade the volatility.

Update - RIO

Pre-Market Open: $26.03
Pre-Market High: $26.10
Pre-Market Low: $25.75
Pre-Market Close: $26.00
Pre-Market Volume: 101,100 Shares
After Hours Last Night: $26.00

Regular Hours Open: $26.00
Initial Spike Price: $26.29
Time of Spike: 9:35am
Initial Drop in Price from Initial Spike: down $0.24 (-0.9%) to $26.05
Max Drop in Price from Inital Spike: down $0.48 (-1.8%) to $25.81
Time of Initial Drop: 10:27am
High for the Day: $26.29
Low for the Day: $25.81
End of Day Closing Price: $26.03 up $0.59