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.