free counter statistics

Friday, December 29, 2006

December 29th

Just to keep anyone up to speed, Cramer had another educational show (again a new one by the looks of it, and I say that because it doesn't look familiar, and the scoreboard is in the set which I think is pretty new). The topic tonight is speculation. I would offer a recap, but getting it from thestreet.com later would offer a far better recap then I could. The same for last night when he looked at 5 of his 20 new rules from his new book.

So I would expect another repeat on Monday (if not some sort of New Years Day marathon) and maybe another on Tuesday since the markets are closed to pay respect to former President Ford?

Wednesday, December 27, 2006

December 27th

Boxing day was a new show, but only an educational one (and one to promote his new book), and today is another educational show. I assume he has made these in advance of the holidays and is likely off this week (since there have been no stop trading segments either). Tonight is a "Back to Basics" theme where he is trying to help investors avoid mistakes.

Friday, December 22, 2006

December 22nd - USB ABG NCC UNTD APKT

Cramer's started out recommending some dividend stocks and they were:

US Bancorp. (USB)
Closing Price: $36.65
After Hours Price: $36.75
Percent Increase at Most Recent Price: 0.2%
Sector: Financial
Days to Cover: 4.8
Short %: 1.26 %
% Held by Insiders: 0.26 %
% Held by Institutions: 59.10 %
50 Day Moving Average: $33.90
200 Day Moving Average: $32.12
Average Price Drop for Sector: 3.4%

Asbury Automotive Group Inc. (ABG)
Closing Price: $23.70
No Price Increase After Hours
Sector: Services
Days to Cover: 2.2
Short %: 3.25 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $23.68
200 Day Moving Average: $21.02
Average Price Drop for Sector: 2.8%

National City Corp. (NCC)
Closing Price: $36.76
After Hours Price: $36.78
Percent Increase at Most Recent Price: 0.0%
Sector: Financial
Days to Cover: 6.8
Short %: 2.45 %
% Held by Insiders: 1.85 %
% Held by Institutions: 53.70 %
50 Day Moving Average: $36.63
200 Day Moving Average: $36.20
Average Price Drop for Sector: 3.4%

United Online Inc. (UNTD)

Closing Price: $13.23
After Hours Price: $13.65
Percent Increase at Most Recent Price: 3.2%
Sector: Technology
Days to Cover: 10.6
Short %: 9.07 %
% Held by Insiders: 7.30 %
% Held by Institutions: %
50 Day Moving Average: $13.37
200 Day Moving Average: $12.21
Average Price Drop for Sector: 4.3%

A few things to note that didn't really come as a surprise. These "boring" dividend stocks did not see much of a spike after hours, but the holiday weekend may also have something to do with that. And not surprisingly the cheapest stock is the only one that really had any sort of price increase, and a modest one at that. Considering the next trading day isn't until after Christmas I assume any hype (which appears to be almost none) will be all but gone come Monday so I don't see anything worth shorting here.

Finally, Cramer followed up on his promise from weeks ago to discuss Acme Packet, Inc. (APKT) (someone called about it in the lightening round and he said he would do a segment on it....people bought, the stock went up and he didn't mention it...until now). This was part of his "hot stocks" series and he said the stock hasn't really taken off yet and it is a good buy.

Closing Price: $18.21
After Hours High: $19.25
Percent Increase at High: 5.7%
After Hours Most Recent: $19.00
Percent Increase at Most Recent Price: 4.3%
Sector: Technology
Days to Cover: 0.5
Short %: %
% Held by Insiders: %
% Held by Institutions: %

IPO share lockup doens't expire until April so that shouldn't put downward pressure on the stock for a few months. I'm a little curious to see how this one might react if there are any holders still from when Cramer said he would mention it and may sell into this pop. Again, not sure if the long weekend will cool this off for next week, and this stock sort of goes together with DIVX and RVBD when Cramer first mentioned them, and both of those stocks have done very well. So I'm not totally exicted about the shorting prospects here, but will be worth a look if the stock doesn't go well above $19 in the pre-market or within the first 15 minutes of regular hours trading.

Update - JSDA

Pre-Market High: $ 12.33
Pre-Market Low: $ 11.80
Pre-Market Close: $ 12.00
Pre-Market Volume: 160,899
Last Nights Price: $12.17

Regular Hours Open: $11.99
Initial Spike Price: $11.99
Time of Spike: 9:30am
Initial Drop in Price from Initial Spike: down $0.56 (-4.7%) to $11.43
Time of Initial Drop: 10:06am
High for the Day: $12.22
Low for the Day: $11.43
End of Day Closing Price: $12.11, up $1.46

Thursday, December 21, 2006

December 21st - JSDA RVBD

Cramer recommended Jones Soda Co. (JSDA) as the next Hanson (HANS)

Closing Price: $10.65
After Hours High: $ 12.69
Percent Increase at High: 19.15%
After Hours Most Recent Price: $ 12.17
Percent Increase at Most Recent Price: 14.27%
Sector: Consumer Goods
Days to Cover: 11.9
Short %: 13.50 %
% Held by Insiders: 7.30 %
% Held by Institutions: 40.60 %
50 Day Moving Average: $9.56
200 Day Moving Average: $8.87
Average Price Drop for Sector: 4.8%

As Cramer said himself, if this gets bid up to $12.50 (which it did!) that he would be shorting as many shares as possible. Hard not to be a little gun shy after today's ELOS but I think that was takeover speculation that helped fuel that fire. Not to say this won't hold momentum since it is being compared to HANS which went from $10 to $200. Based on today, I would be afraid if this stock went to $13 and over very early on in the pre-market, which is considerably higher than it was trading after hours when things calmed down. With ELOS from yesterday, the stock only hit $17 after hours, but then hit $18 and change in the pre-market.....which I am now going to say is a red flag to stay away from shorting it because there is just too much of an extra jump.
Finally Cramer looked at another "hot stock", his theme for the week and said that Riverbed Technology, Inc. (RVBD) is still a stock to own (unless you are up big in it). The stock is up after hours, but I'm not even going to give the numbers because I don't consider it a good short candidate. I watch this stock every day and it always seems to be up strong after any weakness...and there was weakness today. Just too much momentum here for my taste.

Update - ELOS

Pre-Market High: $ 28.34
Pre-Market Low: $ 27.15
Pre-Market Close: $ 27.68
Pre-Market Volume: 349,829
Last Nights Price:$27.00

Regular Hours Open: $27.70
Initial Spike Price: $28.40
Time of Spike: 9:40am
Initial Drop in Price from Initial Spike: down $0.70 (-2.5%) to $27.70
Time of Initial Drop: 9:42am
High for the Day: $28.40
Low for the Day: $27.31
End of Day Closing Price: $27.90, up $2.20


Not a very nice one today. The stock traded in the pre-market higher than last night and stayed strong all day. Not sure if the buyout rumours is what fueled this lasting strength, but the extra dollar this gained from last night can't only be due to Cramer.

Wednesday, December 20, 2006

December 20th - ELOS

Cramer's first recommendation was Syneron Medical Ltd. (ELOS)

Closing Price: $25.70
After Hours Most Recent Price and High: $27.00
Percent Increase: 5.1%
Sector: Healthcare
Days to Cover: 10.9
Short %: 13.44 %
% Held by Insiders: 25.44 %
% Held by Institutions: 49.00 %
50 Day Moving Average: $24.56
200 Day Moving Average: $23.81

The stock was up big today on no news that I could find. I took a peak on the message board to see if there was any thoughts there, and all there that was there was some lawsuit speculation or takeover talk. I wonder if the Cramer pump leaked late in the day thus driving the price up?? If that is the case, then this stock is up around $3 on the day all based on Cramer, which of course is far too much and could basically be a double pop? As I just wrote that, Cramer did say he heard some takeover talk too, so that may explain the afternoon pop today. My guess would be that the stock opens and spikes above $27 by maybe 10 to 20 cents, and then falls back down below $27 on the first dip...but after that who knows.

Cramer's next "Too hot to handle" (his theme this week of analysing stocks that are on fire, and wether they should still be bought) stock was DivX, Inc. (DIVX)

Closing Price: $27.69
After Hours High: $28.40
Percent Increase at High: 2.6%
After Hours Most Recent: $27.50
Percent Increase at Most Recent Price: -0.6%
Sector: Technology
Days to Cover: 0.8
Short %: %
% Held by Insiders: %
% Held by Institutions: 5.60 %

Cramer didn't have a lot of good things to say about the current situation for the stock in that it isn't likely to get any analyst buy upgrades, the IPO share freeze is good until March which means people may be waiting then to buy, trades at a very high price to sales ratio, and could do a secondary share offering. Cramer then came out and said he doesn't want want people in the stock right now and to take profits. This of course took the stock down after hours after it was up on people speculating that Cramer would recommend it! Nothing to look forward to tomorrow with shorting this, at least not using the Cramer effect drop strategy.

Update - INWK PAY

INWK
Pre-Market High: $ 17.66
Pre-Market Low: $ 17.41
Pre-Market Close: $ 17.49
Pre-Market Volume: 52,048
Last Nights Price: $17.56

Regular Hours Open: $17.50
Initial Spike Price: $17.59
Time of Spike: 9:30am
Initial Drop in Price from Initial Spike: down $0.41 (-2.3%) to $17.18
Time of Initial Drop: 9:39am
High for the Day: $17.70
Low for the Day: $17.12
End of Day Closing Price: $17.12, up $0.35

PAY
Pre-Market High: $ 36.82
Pre-Market Low: $ 36.43
Pre-Market Close: $ 36.70
Pre-Market Volume: 83,500
Last Nights Price: $36.84

Regular Hours Open: $36.50
Initial Spike Price: $36.69
Time of Spike: 10:09am
Initial Drop in Price from Initial Spike: down $0.32 (-0.8%) to $36.37
Time of Initial Drop: 10:39am
High for the Day: $36.71
Low for the Day: $36.10
End of Day Closing Price: $36.25, up $0.25

Tuesday, December 19, 2006

December 19th - INWK PAY

Cramer recommended another "hot stock" in InnerWorkings Inc (INWK). He said this one, although up from its IPO is still a buy. He said the IPO freeze is over in February and that 70% of the shares are locked up by that, so you should trade around that date. He also said the stock has low analyst coverage and is only covered by analysts who were in on the IPO, so he expects the next analyst to pick it up will come in with a buy rating.

Closing Price: $16.77
After Hours Most Recent: $17.56
Percent Increase at Most Recent Price: 4.7%
Sector: Services
Days to Cover: 1.2
Short %: %
% Held by Insiders: %
% Held by Institutions: 23.80 %

With 70% held by insiders, which are frozen, and 24% held by institutions, that doesn't leave much for everyone else. Low average volume and probably a tight float could result in a nice pop and drop tomorrow. Again, I look for the spike tomorrow morning to be above current after hours prices and could see this coming close to the $18 level.

Next Cramer recommended VeriFone Holdings Inc. (PAY)

Closing Price: $36.00
After Hours Most Recent Price: $36.84
Percent Increase at Most Recent Price: 2.3%
Sector: Consumer Goods
Days to Cover: 3.9
Short %: 3.31 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $31.57
200 Day Moving Average: $29.09
Average Price Drop for Sector: 4.8%

A pricier stock, but just below the maximum price level that works for shorting Cramer's picks. Again, $37 is likely to come into play, but since we are so close to it now, it could go above it and then trade close to it.

Update - OMTR GMKT

OMTR
Pre-Market High: $ 14.07
Pre-Market Low: $ 13.90
Pre-Market Close: $ 14
Pre-Market Volume: 12,119
Last Nights Price: $14.25

Regular Hours Open: $14.00
Initial Spike Price: $14.04
Time of Spike: 9:31am
Initial Drop in Price from Initial Spike: down $0.97 (-6.9%) to $13.07
Time of Initial Drop: 10:13am
High for the Day: $14.04
Low for the Day: $13.07
End of Day Closing Price: $13.45, down $0.34

GMKT
Pre-Market High: $ 22.30
Pre-Market Low: $ 21.30
Pre-Market Close: $ 21.59
Pre-Market Volume: 154,105
Last Nights Price: $22.66

Regular Hours Open: $21.68
Initial Spike Price: $21.81
Time of Spike: 9:31am
Initial Drop in Price from Initial Spike: down $0.71 (-3.3%) to $21.10
Time of Initial Drop: 9:34am
High for the Day: $23.97
Low for the Day: $21.10
End of Day Closing Price: $23.47, up $2.99

Note: Although there was an early drop, it was very short lived. Even with the IPO lockup expiring on Wednesday, people didn't hesitate from bidding the stock up almost $3. My opinion to stay clear of a short here proved wise.

Monday, December 18, 2006

December 18th - OMTR GMKT

Cramer looked a hot stock to see if it is still worth owning. The stock was Omniture Inc. (OMTR)

Closing Price: $13.79
After Hours High: $14.65
Percent Increase at High: 6.2%
After Hours Most Recent: $14.25
Percent Increase at Most Recent Price: 3.3%
Sector: Technology
Days to Cover: 4.3
Short %: 4.13 %
% Held by Insiders: 43.20 %
% Held by Institutions: 34.70 %

Cramer said this one should not be bought until after December 26th because that is when the IPO frozen shares can start trading, and since the stock has run up, a lot of holders will likely sell, thus brining down the stock. This of course brought the stock down after hours and kept it in the red for the day. Although the stock is up after hours, I'm not sure if this will see any sort of spike tomorrow morning because really there is no reason to buy tomorrow, but people are still buying it after hours...goes to show that people must not even listen to what Cramer is saying besides the name of the stock.

Next Cramer recommended Gmarket Inc. (GMKT) as the Korean version of Ebay.

Closing Price: $20.48
After Hours Most Recent: $22.66
Percent Increase at Most Recent Price: 10.6%
Sector: Technology
Days to Cover: 2.0
Short %: 6.49 %
% Held by Insiders: 1.23 %
% Held by Institutions: 23.00 %

Up huge after hours and holding. Cramer is saying the IPO share lock up will be up on Wednesday which will put downward pressure on the stock (but he said most probably won't sell). A risky short because any dip after the open bell spike could be very short lived. I might kick myself, but its not one I want to touch to be honest.

Friday, December 15, 2006

December 15th - Retail Repeat

Cramer took a look at the best of breed retail plays. This was 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.

Update - GSIC

Pre-Market High: $ 19
Pre-Market Low: $ 18.20
Pre-Market Close: $ 18.75
Pre-Market Volume: 116,075
Last Nights Price: $18.70

Regular Hours Open: $18.79
Initial Spike Price: $18.88
Time of Spike: 9:31am
Initial Drop in Price from Initial Spike: down $0.33 (-1.7%) to $18.50
Time of Initial Drop: 9:35am
High for the Day: $19.24
Low for the Day: $18.5
End of Day Closing Price: $18.87, up $1.30

Thursday, December 14, 2006

December 14th - JCG GSIC

Cramer started out by giving his disappointment in people who bid up GSOL after hours earlier this week without doing any homework and just taking Cramer's word (although he normally does say "I think you need to buy this stock right now"...and the odd time...after his segment, he says not to buy after hours).

He then moved on to recommend J Crew Group Inc. (JCG)

Closing Price: $39.99
After Hours High: $40.98
Percent Increase at High: 2.5%
After Hours Most Recent: $40.82
Percent Increase at Most Recent Price: 2.1%
Sector: Services
Days to Cover: 6.6
Short %: 18.05 %
% Held by Insiders: 54.93 %
% Held by Institutions: 38.40 %

The price is too high for shorting in my opinion. The stock was up $1.50 today before the Cramer recommendation, so the after hours has only taken the stock up 80 cents, give or take a few (at the time of me typing this), so I wonder how people will react tomorrow when they see the stock up only 80-cents instead of what they might be seeing after hours where I know some brokers (like my own) does not show a different price for regular and after hours prices. For example, my broker is showing a daily increase of $2.30 on the day which may keep some people out of it, but they might think it dropped tomorrow when they look when today's price increase is removed. Probably won't be the case, but I wouldn't be surprised if the stock went past $41 after the open tomorrow. Either way, not one I am interested in trading because of the price, but might be interesting to see how people might react to it.

Next Cramer recommended GSI Commerce Inc. (GSIC) as a different sort of Christmas play.

Closing Price: $17.57
After Hours High: $18.75
Percent Increase at High: 6.7%
After Hours Most Recent: $18.70
Percent Increase at Most Recent Price: 6.4%
Sector: Services
Days to Cover: 10.6
Short %: 11.70 %
% Held by Insiders: 13.93 %
% Held by Institutions: 47.70 %
50 Day Moving Average: $16.75
200 Day Moving Average: $15.21
Average Price Drop for Sector: 2.8%

Although Cramer warned/begged people not to buy after hours (at least until he finished his segment) all that did was make a more gradual run up of the stock price after hours, bringing up the stock over 6% at the high. Certainly some potential here for shorting tomorrow morning and I would look to see the stock go closer to $19 if not above it after the opening bell, where it will likely fall. The short percentage for this 300k average volume stock could come into play holding up the price on some panic cover buying for existing shorts, but the current short percentage (in situations with high days to cover) hasn't ever really stopped the Cramer picks from dropping after large pops at the open as there are very few buyers willing (or to be honest insane enough) to buy at the inflated price.

Wednesday, December 13, 2006

December 13th - Value vs Growth

Cramer had another semi-educational show where he looked at the types of investments you can make and explored value versus growth stocks.

He named AT&T Inc. (T) and Verizon Communications Inc. (VZ) as value plays and said both don't have great growth, but offer dividends. He said T is the better of the two because it will be less affected by cable companies moving to the "triple play" of phone, TV, and internet. He also said since these dividends are strong and hold up the price make them a safer play (but not 100% safe) and are best suited for older investors who have a shorter investing timeline. The segment didn't get much buying action after hours as both stocks are only up slightly.

Cramer's growth plays (I say plays, but he said he is just using big name companies as examples because everyone has probably heard of them) were Time Warner Inc. (TWX) and Comcast Corp. (CMCSA) because of their potential "accelerated revenue growth" and good managment. Again, neither of these stocks were up a lot after hours, with CMCSA being up more than any of the 4 mentioned. Cramer did say TWX was the better of the two for future potential even though CMCSA is better. He said the reason for this is because TWX has weaker numbers from last year to compare itself with so there is more room for a surprise.

Tuesday, December 12, 2006

December 12th - IPOs

Cramer had a show the focused on some upcoming IPOs and how to play IPOs in general. Since now of these actually trade yet there obviously isn't a shorting opportunity, and I certainly don't think shorting an IPO is a good idea either.

Update - DAKT

Pre-Market High: $ 38.58
Pre-Market Low: $ 38.20
Pre-Market Close: $ 38.58
Pre-Market Volume: 41,871
Last Nights Price: $38.43

Regular Hours Open: $38.52
Initial Spike Price: $38.84
Time of Spike: 9:32am
Increase above last nights high: $0.41 - shows how much more the price spikes in the AM.
Initial Drop in Price from Initial Spike: down $1.65 (-4.2%) to $37.19
Time of Initial Drop: 12:57pm
High for the Day: $38.84
Low for the Day: $37.19
End of Day Closing Price: $37.61, up $0.70

Monday, December 11, 2006

December 11th - DAKT LAMR SWY

Cramer's first recommendation was Daktronics Inc. (DAKT) as a play on digital billboards.

Closing Price: $36.91
After Hours High: $ 38.44
Percent Increase at High: 4.15%
After Hours Most Recent Price: $ 38.43
Percent Increase at Most Recent Price: 4.12%
Sector: Industrial Goods
Days to Cover: 7.0
Short %: 12.74 %
% Held by Insiders: 16.49 %
% Held by Institutions: 60.60 %
50 Day Moving Average: $27.44
200 Day Moving Average: $23.74
Average Price Drop for Sector: 3.2%

Decent volume after hours and a good price pop that climbed steadily after hours. The stock was down $1.18 during the regular hours so the after hours brought it into the green by about 30-cents. Pushing the upper limit of prices considered for shorting but the volume and price increase were strong enough to consider this an opportunity for tomorrow morning.

His second pick was Lamar Advertising Co. (LAMR) which is a play on companies who buy digital billboards.

Closing Price: $63.20
After Hours High: $ 64.59
Percent Increase at High: 2.20%
After Hours Most Recent Price: $ 64.49
Percent Increase at Most Recent Price: 2.04%
Sector: Services
Days to Cover: 8.5
Short %: 8.46 %
% Held by Insiders: n/a
% Held by Institutions: n/a
50 Day Moving Average: $56.98
200 Day Moving Average: $53.78
Average Price Drop for Sector: 2.8%

Too expensive for my taste.

Finally as a Christmas play, Cramer recommended Safeway Inc. (SWY) because of their gift cards.

Closing Price: $32.46
After Hours High: $ 32.75
Percent Increase at High: 0.9%
After Hours Most Recent: $32.63
Percent Increase at Most Recent Price: 0.5%
Sector: Services
Days to Cover: 3.9
Short %: 3.84 %
% Held by Insiders: 0.78 %
% Held by Institutions: 92.40 %
50 Day Moving Average: $29.87
200 Day Moving Average: $27.20
Average Price Drop for Sector: 2.8%

The stock was up $0.91 today so it seems pretty played out with the after hours price only up a small amount. Cramer said there was an analyst meeting tomorrow for the company, so this one could be driven by any news that comes out of that, so it would be safe to stay away in case there are bullish comments.

Update - MOS GSOL

MOS
Pre-Market High: $ 23.50
Pre-Market Low: $ 23.00
Pre-Market Close: $ 23.00
Pre-Market Volume: 3,800
Last Nights Price: $23.28

Regular Hours Open: $23.00
Initial Spike Price: $23.53
Time of Spike: 9:39am
Initial Drop in Price from Initial Spike: down $0.82 (-3.5%) to 22.71
Time of Initial Drop: 10:04am
High for the Day: $23.54
Low for the Day: $22.58
End of Day Closing Price: $22.63, up $0.35

Note: In my post on Friday, I said it might be a good strategy to set a sell price 30 cents above the after hours high to try to get a short filled. Well, I was close, as the stock went just slightly below that (by 5 cents). So I'm not saying that 25 cents is the magic number above the after hours high, but certainly something to keep in mind....that the price can spike higher in the morning, so shorting after hours may not be the smarted idea (and even more so considering GSOL below)


GSOL
Pre-Market High: $ 18.85
Pre-Market Low: $ 16.10
Pre-Market Close: $ 16.38
Pre-Market Volume: 69,920
Last Nights Price: $15.98

Regular Hours Open: $16.29
Initial Spike Price: $16.40
Time of Spike: 9:31am
Initial Drop in Price from Initial Spike: down $0.56 (-3.4%) to $15.84
Time of Initial Drop: 9:33am
High for the Day: $16.78
Low for the Day: $15.81
End of Day Closing Price: $16.3, up $2.30

Note: In my post Friday, I said if this went above $16 I would stay away, which looks like good advice in the end if you ask me. With a pre-market high of almost $19 it told me that some crazy things could happen. There was a small window of opportunity for shorting but probably too fast as the price didn't stay down long enough.

Friday, December 08, 2006

December 8th - AGU MOS GSOL

Cramer's first recommendations were ethanol stocks as a play on the '08 election.
The two stocks were Agrium Inc. (AGU) and Mosaic Co. (MOS)

AGU
Closing Price: $31.33
After Hours High: $ 32.28
Percent Increase at High: 3.0%
After Hours Most Recent Price: $32.15
Percent Increase at Most Recent Price: 2.6%
Sector: Basic Materials
Days to Cover: 2.3
Short %: 1.76 %
% Held by Insiders: 0.40 %
% Held by Institutions: 65.60 %
50 Day Moving Average: $28.34
200 Day Moving Average: $25.32
Average Price Drop for Sector: 5.5%

MOS
Closing Price: $22.28
After Hours High: $23.28
Percent Increase at High: 4.5%
After Hours Most Recent Price: $23.25
Percent Increase at Most Recent Price: 4.2%
Sector: Basic Materials
Days to Cover: 7.8
Short %: 10.12 %
% Held by Insiders: 66.94 %
% Held by Institutions: 32.60 %
50 Day Moving Average: $18.70
200 Day Moving Average: $16.25
Average Price Drop for Sector: 5.5%

Based on price and AH increase, MOS has more potential since it is cheaper and went up more. The elections are a few years away, so a spike on a recommendation for selling into the 08 elections seems a bit strange doesn't it? If this is anything like recent picks, I would look to see the stock open Monday morning ABOVE the after hours high from tonight, so setting a short order above that price of $23.28, maybe 30 cents higher or so, or closer to $24 (just a few examples) and see if it gets filled....it may not, but it seems to be a recent trend.

Finally Cramer recommended Global Sources Ltd. (GSOL)

Closing Price: $14.00
After Hours High: $15.98
Percent Increase at High: 14.1%
After Hours Most Recent Price: $15.59
Percent Increase at Most Recent Price: 11.4%
Sector: Technology
Days to Cover: 0.3
Short %: 0.11 %
% Held by Insiders: 62.82 %
% Held by Institutions: 6.00 %
50 Day Moving Average: $11.91
200 Day Moving Average: $10.81
Average Price Drop for Sector: 4.3%

VERY low volume stock with an average of 30,000 shares a day. The after hours volume has already more than doubled the volume from today. Seems like a pretty obvious short around the $16 level, but I would be worried if the stock broke that price level Monday morning. These low volume picks can become very wild.

Update - DLB

Pre-Market High: $ 30.70
Pre-Market Low: $ 30.25
Pre-Market Close: $ 30.43
Pre-Market Volume: 31,600
Last Nights Price: $30.31

Regular Hours Open: $30.42
Initial Spike Price: $30.93
Time of Spike: 9:38am
Initial Drop in Price from Initial Spike: down $1.05 (-3.4%) to $29.88
Time of Initial Drop: 10:34am
High for the Day: $30.93
Low for the Day: $29.88
End of Day Closing Price: $30.78, up $1.81

Thursday, December 07, 2006

December 7th - DLB EBAY

Cramer recommended Dolby Laboratories Inc. (DLB) even though it is up $9 since November.

Closing Price: $28.95
After Hours Price: $ 30.31
Percent Increase at High: 4.6%
Sector: Technology
Days to Cover: 7.7
Short %: 3.60 %
% Held by Insiders: 66.78 %
% Held by Institutions: 30.80 %
50 Day Moving Average: $22.24
200 Day Moving Average: $21.40
Average Price Drop for Sector: 4.3%

Up big after hours for a stock that has already run so much, but Cramer did say it deserves to go higher. Cramer is making some compelling reasons for longer term strength, but that certainly doesn't mean that the stock should be up $1.30 after hours. Aside from the one day in November where the stock shot up nearly $7, I don't see any big up days as the stock normally trades very lightly and has 20-cent up/down days looking at the last few months. I think it can float back down to the $30-even level, and will likely fall below it but will likely stay close to it.

Finally Cramer recommended eBay Inc. (EBAY)

Closing Price: $31.30
Sector: Technology
Days to Cover: 2.5
Short %: 3.76 %
% Held by Insiders: 16.72 %
% Held by Institutions: 65.00 %
50 Day Moving Average: $30.99
200 Day Moving Average: $31.53
Average Price Drop for Sector: 4.3%

The stock was down 83-cents today, and the after hours push has not taken it to even as it trades just below $32. This is an ANGO no short situation since the after hours price hasn't even reached the high for the day, but regardless of that, this is not a stock I would short off the Cramer recommendation since it is just too big and well known for Cramer to influence.

Update - LVLT

Pre-Market High: $ 5.90
Pre-Market Low: $ 5.76
Pre-Market Close: $ 5.78
Pre-Market Volume: 10,454,974
Last Nights Price: $5.80

Regular Hours Open: $5.88
Initial Spike Price: $5.90
Time of Spike: 9:31am
Initial Drop in Price from Initial Spike: down $0.15 (-2.5) to $5.75
Time of Initial Drop: 10:25am
High for the Day: $5.95
Low for the Day: $5.70
End of Day Closing Price: $5.75, up $0.21

Wednesday, December 06, 2006

December 6th - LVLT

Cramer recommended Level 3 Communications Inc. (LVLT) but this is not the first time in recent days he has mentioned it. He even hinted at it being his pick for 2007 due to the increasing demand for bandwidth.

Closing Price: $5.54
After Hours High: $ 5.87
Percent Increase at High: 5.96%
After Hours Most Recent Price: $ 5.80
Percent Increase at Most Recent Price: 4.69%
Sector: Technology
Days to Cover: 2.7
Short %: 9.62 %
% Held by Insiders: 8.58 %
% Held by Institutions: 82.70 %
50 Day Moving Average: $5.34
200 Day Moving Average: $4.61
Average Price Drop for Sector: 4.3%

Cramer gave this a formal recommendation back on September 14th. You can read the update post here. Basically last time it peaked after hours, opened lower the next day, had a 20 cent drop and then rose up but still closed below the after hours high. There has also been significant call buying volume with the stock so some people think this thing is going up and from what I've read on the message board there is also buyout speculation. This will certainly have lots of volume and volatility to trade around and a short is possible off an early spike, but I would look for a spike closer to $6 and look to cover quickly.

Cramer's other recommendation was an upcoming IPO for Heelys (you know those shoes with the drop down wheels in them). He said the bottom line was to buy Heelys in the low $20s and sell it as soon as it crosses the $30 line. Not really a short play here and probably risky to short at $30 and maybe not even possible if it hits that the first day.

Update - TBL

Pre-Market High: $ 32.71
Pre-Market Low: $ 32.40
Pre-Market Close: $ 32.43
Pre-Market Volume: 10,800
Last Nights Price: $32.75

Regular Hours Open: $32.50
Initial Spike Price: $32.50
Time of Spike: 9:33am
Initial Drop in Price from Initial Spike: down $0.29 (-0.6%) to $32.21
Time of Initial Drop: 9:45am
High for the Day: $32.85
Low for the Day: $32.21
End of Day Closing Price: $32.73, up $0.90

Tuesday, December 05, 2006

December 5th - BSX JNJ TBL

Cramer started out betting that Boston Scientific Corp. (BSX) and Johnson & Johnson (JNJ) will go up after it is determined that "stents" used in heart operations will not be stopped from use. Cramer said BSX is the riskier of the two because it will be effected more if the news is bad. JNJ which is more diversified is the safer play. Cramer gave these two options as way to give different investment styles the choice that fits them best.

BSX
Closing Price: $16.56
After Hours High: $17.00
Percent Increase at High: 2.66%
After Hours Most Recent Price: $16.72
Percent Increase at Most Recent Price: 0.97%
Sector: Healthcare
Days to Cover: 2.2
Short %: 2.54 %
% Held by Insiders: 19.44 %
% Held by Institutions: 65.30 %
50 Day Moving Average: $15.68
200 Day Moving Average: $18.65

The stock was up today already, so the market might be making the guess that the FDA will not stop the use of these drug coated stents. Cramer has also suggested buying call options on the stock, which is something I have never heard him mention. Cramer said the news should come out on Thursday or Friday, so I would certainly stay away from a short here since the possible goods news could easily hold up the price. Not to mention the after hours price was nothing fantastic. I can only assume that the number of times he said "risky" have made people stay away.

JNJ
Closing Price: $66.17
Sector: Healthcare
Days to Cover: 1.8
Short %: 0.57 %
% Held by Insiders: 0.04 %
% Held by Institutions: 65.60 %
50 Day Moving Average: $66.44
200 Day Moving Average: $62.21

JNJ on the other hand is just too expensive here for shorting regardless of good/bad news about stents.

Finally Cramer said Timberland Co. (TBL) was a buy as a takeover play, and is still a buy even if they aren't taken over.

Closing Price: $31.83
After Hours High: $32.91
Percent Increase at High: 3.39%
After Hours Most Recent Price: $32.75
Percent Increase at Most Recent Price: 2.89%
Sector: Consumer Goods
Days to Cover: 7.0
Short %: 7.17 %
% Held by Insiders: 27.14 %
% Held by Institutions: 72.80 %
50 Day Moving Average: $29.89
200 Day Moving Average: $29.73
Average Price Drop for Sector: 4.8%

Pretty decent run up after hours which I'm sure must be due to the buy out talk. I'm sure its no secret that the company has put itself up for sale and since Cramer certainly hinted at a possible buyer last week. I don't think there is much reason to think that this one will take off much higher tomorrow unless they are actually bought. So shorting this one certainly runs the risk of being short during a buyout which would very bad so it probably isn't worth the risk, even for a trade that could be only a few minutes. $33 could likely be the top tomorrow with no buyout happening (and if a buyout did happen tomorrow, I would certainly question Cramer's timing of this call!).

Monday, December 04, 2006

December 4th - UARM EMR

Cramer's first recommendation was Under Armour, Inc. (UARM)

Closing Price: $46.73
After Hours High: $ 48.40
Percent Increase at High: 3.57%
After Hours Most Recent Price: $ 47.92
Percent Increase at Most Recent Price: 2.55%
Sector: Consumer Goods
Days to Cover: 5.4
Short %: 44.07 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $45.16
200 Day Moving Average: $37.65
Average Price Drop for Sector: 4.8%

A bit too exepensive for me and just to much of a "hot" stock for my taste.

Finally Cramer recommened Emerson Electric Co. (EMR)

Closing Price: $85.12
After Hours High: $ 86.25
Percent Increase at High: 1.33%
After Hours Most Recent: $86.00
Percent Increase at Most Recent Price: 1.0%
Sector: Industrial Goods
Days to Cover: 1.4
Short %: 0.58 %
% Held by Insiders: 0.29 %
% Held by Institutions: 72.70 %
50 Day Moving Average: $85.33
200 Day Moving Average: $83.03
Average Price Drop for Sector: 3.2%

Once again, too expensive for my taste from a shorting the Cramer spike perspective.

Friday, December 01, 2006

December 1st - ATI AUY

Cramer did a look back at his stock of the year Allegheny Technologies Inc. (ATI) as it went from $36 to $88. He said if you owned the stock and took place in the near triple that you should have taken profits. But he also said that if you missed out, you can still buy this stock at the current level because the sector is still hot.

Closing Price: $88.06
After Hours High: $ 89.20
Percent Increase at High: 1.3%
After Hours Most Recent Price: $ 89.10
Percent Increase at Most Recent Price: 1.2%
Sector: Basic Materials
Days to Cover: 1.7
Short %: 4.80 %
% Held by Insiders: 6.10 %
% Held by Institutions: 82.00 %
50 Day Moving Average: $72.57
200 Day Moving Average: $64.77
Average Price Drop for Sector: 5.5%

Too expensive of course, and with these "expensive" stocks (not expensive when looking at the p/e of course) the percent increase is often smaller since people aren't willing/able to bid them up as much.

Next Cramer recommended Yamana Gold Inc. (AUY) because the market "thinks" that things are getting bad with the economy and that gold will go up. Cramer doesn't agree with the market, but what the market wants, the market gets (or the hedge funds control that is), so since the market wants gold Cramer says buy.

Closing Price: $12.85
After Hours High: $ 13.45
Percent Increase at High: 4.7%
After Hours Most Recent Price: $ 13.30
Percent Increase at Most Recent Price: 3.5%
Sector: Basic Materials
Days to Cover: 1.9
Short %: 2.96 %
% Held by Insiders: 0.56 %
% Held by Institutions: 38.70 %
50 Day Moving Average: $9.82
200 Day Moving Average: $9.74
Average Price Drop for Sector: 5.5%

Another commodity stock, and much like my opinion on oil, I'm not going to short a gold stock because they are influenced on the underlying commodity price (not to mention the market sentiment as Cramer pointed out) so in my opinion that trumps Cramer's effect.

Update - DENN

Pre-Market High: $ 4.72
Pre-Market Low: $ 4.57
Pre-Market Close: $ 4.65
Pre-Market Volume: 476,577
Last Nights Price: $ 4.63

Regular Hours Open: $4.65
Initial Spike Price: $4.68
Time of Spike: 9:30am
Initial Drop in Price from Initial Spike: down $0.13 (-2.8*) to $4.55
Time of Initial Drop: 10:19am
High for the Day: $4.68
Low for the Day: $4.55
End of Day Closing Price: $4.6, up $0.02

* - I think it's interesting to point out that the ideal drop in price of 2.8% is the exact average drop for the sector identified in my post last night.