free counter statistics

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.

Comments on "December 20th - ELOS"

 

post a comment