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.