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Wednesday, January 31, 2007

January 31st - LTM

Cramer looked at the common new years resolution to get in shape and looked at plays that could benefit from it. He said it would be a good idea to get in before these companies report their first quarter which is when the sector is the most in the public eye. His first recommendation was health club Life Time Fitness Inc. (LTM)

Closing Price: $54.20
After Hours High: $55.08
Percent Increase at High: 1.6%
After Hours Most Recent: $54.95
Percent Increase at Most Recent Price: 1.4%
Sector: Services
Days to Cover: 22.5
Short %: 16.21 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $50.01
200 Day Moving Average: $46.80
Average Price Drop for Sector: 2.8%

Small percent increase on an expensive stock. The stock was up 50-cents today after a late afternoon surge after it was sitting around even. Mad Money is recorded early, but not as early as this spike occurred so I'm not sure why it may have gone up so sharply. The stock has passed its 52-week high after hours. Its also funny that he did his short squeeze show last night, but didn't make any mention to how this stock has a 22.5 day short cover number, which is higher then both of his picks last night. Not a stock I would consider shorting personally, but I wouldn't be surprised to see a high tomorrow morning after the bell in the $54.90 range and have it fall from there to the $54.50 level if today's action with WSII (which shows some similarities) is any indication.

Next Cramer warned about NutriSystem Inc. (NTRI) and said even though it has dropped a lot from its highs, that it is still not cheap down here. The stock is currently down $8 today alone, so I'm not sure shorting here would be a good call. There was a good comment that said that Cramer said to hold off on JSDA the other day and the stock went down a lot the next day and would have been a good short. I think there is some merit to that idea, but I think it should be taken on a case by case basis, and I don't think NTRI would necessarily be good for a quick day trade short at least since it may bounce some off this extreme sell off. The opportunities may come from stocks with very high p/e's that have gone up a lot since Cramer recommended them (DIVX comes to mind). But if Cramer says to wait on a stock like CSCO I don't see the stock dropping 8% like JSDA did.

Update - WSII GBX

WSII
Pre-Market High: $ 12.01
Pre-Market Low: $ 11.54
Pre-Market Close: $ 11.69
Pre-Market Volume: 89,355
Last Nights Price: $11.70 - $11.98

Regular Hours Open: $11.75
Initial Spike Price: $11.92
Time of Spike: 9:34am
Initial Drop in Price from Initial Spike: down $0.59 (-4.9%) to $11.33
Time of Initial Drop: 10:24am
High for the Day: $11.92
Low for the Day: $11.26
End of Day Closing Price: $11.32, up $0.60


GBX
Pre-Market High: $ 28.99
Pre-Market Low: $ 28.50
Pre-Market Close: $ 28.75
Pre-Market Volume: 13,800
Last Nights Price: $29.02

Regular Hours Open: $28.75
Initial Spike Price: $29.37
Time of Spike: 9:35am
Initial Drop in Price from Initial Spike: down $0.52 (-1.8%) to $28.85
Time of Initial Drop: 10:00am
High for the Day: $29.37
Low for the Day: $28.63
End of Day Closing Price: $28.87, up $1.51

Tuesday, January 30, 2007

January 30th - WSII GBX

Cramer had 2 Short Busting plays meaning he is picking stocks that are heavily shorted and Cramer thinks the shorts have got it wrong. The first pick was Waste Services Inc. (WSII)

Closing Price: $10.72
After Hours High: $11.98
Percent Increase at High: 11.8%
After Hours Most Recent: $11.70
Percent Increase at Most Recent Price: 9.1%
Sector: Industrial Goods
Days to Cover: 14.5
Short %: 5.49 %
% Held by Insiders: 22.51 %
% Held by Institutions: 8.40 %
50 Day Moving Average: $10.10
200 Day Moving Average: $7.84
Average Price Drop for Sector: 3.2%

I think a lot of previous shorts may take a spike as a chance to double down if they are strong in their convictions about the stock going down. It may be risky to jump in for a short on this spike if there is a lot of covering tomorrow. The stock has had a slow climb up from the low 9's over the last several months which apparently hasn't scared any of the shorts. Considering the stock is now over its 52-week high it does seem odd there are so many shorts. Did the shorts get in well above the current price or are they all losing money right now? The stock was near $20 in 2004, so if the shorts got in then, I'm not sure they will be scared by a move to $12 just yet. Seems very odd to me and if it goes over $12 tomorrow I would certainly stay away since it didn't break that level tonight.

The next short buster was Greenbrier Companies (GBX)

Closing Price: $27.36
After Hours High and Most Recent: $29.02
Percent Increase at High: 6.0%
Sector: Services
Days to Cover: 4.4
Short %: 18.32 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $32.71
200 Day Moving Average: $32.60
Average Price Drop for Sector: 2.8%

Ok, this one looks more like a shorted stock since it is below its moving averages and is well below its 52-week high. The price is holding well and broke through $29 even after the initial surge. There may be difficulty shorting this one with almost 20% shorted already so there may be a hard time borrowing (assuming it doesn't get naked shorted as mentioned during the segment from a caller). It is certainly concerning that the price has continued to climb up, so this could be a "dead-cat bounce" situation where Cramer has helped put in the floor to the falling stock. So although Cramer claims we have 2 short busting scenarios, they are 2 very different stocks from a technical standpoint which both show signs they could show strength tomorrow.

Monday, January 29, 2007

January 29th - VFC AMGN DGX

Just a heads up for anyone that is interested, my post tonight will be very late.

OK! I'm back! Cramer looked at fallen angles tonight, which are stocks that are trading at a lower multiple then they deserve. His first recommendation was VF Corp. (VFC)

Closing Price: $74.00
After Hours High: $ 75.00
Percent Increase at High: 1.35%
After Hours Most Recent Price: $ 74.35
Percent Increase at Most Recent Price: 0.47%
Sector: Consumer Goods
Days to Cover: 3.9
Short %: 1.95 %
% Held by Insiders: 0.34 %
% Held by Institutions: 89.30 %
50 Day Moving Average: $79.67
200 Day Moving Average: $71.11
Average Price Drop for Sector: 4.8%

A less than 1% increase after hours and high price isn't something that screams short.

His second fallen angel was Amgen Inc. (AMGN)

Closing Price: $69.97
After Hours High: $ 71.07
Percent Increase at High: 1.57%
After Hours Most Recent Price: $ 70.80
Percent Increase at Most Recent Price: 1.19%
Sector: Healthcare
Days to Cover: 4.2
Short %: %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $71.35
200 Day Moving Average: $69.56

Basically the same price as VFC but held the gains a little better. AMGN is a stock that has been mentioned several times and is probably on the radar of more people which may explain that. Regardless, too expensive and a small increase makes this a pretty boring story from the short side.

Finally Cramer's last fallen angel was Quest Diagnostics Inc. (DGX)

Closing Price: $52.27
After Hours High: $ 53.00
Percent Increase at High: 1.40%
After Hours Most Recent Price: $ 52.95
Percent Increase at Most Recent Price: 1.30%
Sector: Healthcare
Days to Cover: 9.2
Short %: 6.13 %
% Held by Insiders: 18.88 %
% Held by Institutions: 70.50 %
50 Day Moving Average: $52.06
200 Day Moving Average: $56.04

Once again, an "expensive" stock that didn't see a big price increase after hours. I've seen lots of news that the market is holding its breath for the Fed, which may explain why Cramer is staying away from speculative picks right now.

Friday, January 26, 2007

January 26th - Educational Show - Repeat

As I sort of expected, Cramer was not "live" tonight. The clues to this? Well, when he was making his 5 foreign picks, he did 2 in one day which left 1 day free (today), and there was no stop trading today.

This repeat included a sneak peak of some of the rules from his (not-so) new book. This was first aired before the new book was released and of course has no stock picks that can be shorted.

Enjoy the weekend and lets hope for a better week of shortable picks next week!

Thursday, January 25, 2007

January 25th - TM

Cramer added his final foreign stock by recommending Toyota Motor Corp. (TM) a stock I did mention in the comments as a potential pick (not that it matters since it really isn't going up much after hours).

Closing Price: $131.70
After Hours Price: $132.15
Sector: Consumer Goods
Days to Cover: 1.0
Short %: 0.03 %
% Held by Insiders: 1.00 %
% Held by Institutions: 3.10 %
50 Day Moving Average: $125.77
200 Day Moving Average: $113.37
Average Price Drop for Sector: 4.8%

Too expensive and the stock was down over $3 today and is only up slightly after hours and still below the high for the day, so on top of the high price, it is an ANGO no short pick anyway.

Next Cramer had the CEO of a hospitality company on who also wrote a book on hospitality and picked some brands that have great quality and he was most impressed with Chipotle Mexican Grill, Inc. (CMG). Some other companies were discussed, but I viewed this as more of an educational segment where Cramer was trying to help show people how to value what makes a good company vs. a not so good one. The after hours price of CMG is also being affected by the McDonald's earnings report as it looked like MCD was up, but then fell and CMG took the same path.

Update - GPS

Pre-Market High: $ 19.94
Pre-Market Low: $ 19.62
Pre-Market Close: $ 19.70
Pre-Market Volume: 138,900
Last Nights Price: $19.94

Regular Hours Open: $19.68
Initial Spike Price: $19.70
Time of Spike: 9:32am
Initial Drop in Price from Initial Spike: down $0.58 (-2.9%) to $19.12
Time of Initial Drop: 11:18am
High for the Day: $19.70
Low for the Day: $19.05
End of Day Closing Price: $19.19, down $0.19

Wednesday, January 24, 2007

January 24th - DEO GPS

Cramer's next foreign pick (and I think his last?) was Diageo plc (DEO)

Closing Price: $78.90
After Hours High: $79.66
Percent Increase at High: 1.0%
After Hours Most Recent: $79.40
Percent Increase at Most Recent Price: 0.6%
Sector: Consumer Goods
Days to Cover: 1.2
Short %: 0.08 %
% Held by Insiders: 0.17 %
% Held by Institutions: 15.10 %
50 Day Moving Average: $77.37
200 Day Moving Average: $71.05
Average Price Drop for Sector: 4.8%

Expensive stock and the after hours price I think is reflective of that. Not to mention, the yesterday's pick (NTLI) opened lower this morning at the bell and dropped quickly, so I'm curious to see if this is going to be a new trend in this somewhat turbulent market.

Next Cramer recommended Gap Inc. (GPS)

Closing Price: $19.38
After Hours High: $20.05
Percent Increase at High: 3.5%
After Hours Most Recent: $19.96
Percent Increase at Most Recent Price: 3.0%
Sector: Services
Days to Cover: 3.4
Short %: 3.32 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $19.66
200 Day Moving Average: $18.34
Average Price Drop for Sector: 2.8%

The stock is above its 200-day moving average and has passed its 50-day after the price increase tonight, which are both bullish signs. Also, for a stock that was hated not that long ago, the short percentage is pretty small. I had also just written a few sentences how the stock didn't break $20 after hours and I was going to look at that number tomorrow to see if it was broken tomorrow which may have meant a early run above that price tomorrow morning, but then Cramer near the end of the segment put a "25% gain in less than a year" number out there and the stock instantly went up above $20 and is now sitting just a bit below that. For a cheaper stock, I'm a little surprised this didn't blow right past $20 which makes me think it will have a hard time holding above it tomorrow, so a nice run up past $20 near the bell could be a good short entry point.

Update - NTLI

Pre-Market High: $ 27.50
Pre-Market Low: $ 27.08
Pre-Market Close: $ 27.20
Pre-Market Volume: 51,023
Last Nights Price: $27.30

Regular Hours Open: $27.22
Initial Spike Price: $27.23
Time of Spike: 9:30am
Initial Drop in Price from Initial Spike: down $0.51 (-1.9%) to $26.72
Time of Initial Drop: 9:44am
High for the Day: $27.23
Low for the Day: $26.67
End of Day Closing Price: $26.77, up $0.46

Tuesday, January 23, 2007

January 23rd - NTLI BNS TYC

Cramer added two new stocks to his foreign stock list. The first being NTL Incorporated (NTLI)

Closing Price: $26.31
After Hours High: $ 28.00
Percent Increase at High: 6.42%
After Hours Most Recent Price: $ 27.33
Percent Increase at Most Recent Price: 3.88%
Sector: Technology
Days to Cover: 3.4
Short %: 4.43 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $25.05
200 Day Moving Average: $25.52
Average Price Drop for Sector: 4.3%

The high of $28 is skewing the numbers a bit since there were only 4 trades above $27.82 and only 100 shares at $28. Must have been some market orders there I can only assume?!?! Looking at some of the numbers for the company (assuming Yahoo is correct..) negative $6.70 in earnings? 5.8% estimated 5 year annual growth? Cramer is certainly putting his neck on the line for these triple play cable companies (LVLT also), and LVLT was downgraded not long after he made it the speculative stock of the year. Given the price here compared to LVLT (which is only around $6) I can't see this holding over a dollar in gains from tonight. I would be surprised if this went to $28 again in the morning with $27.50 more likely an opening price spike and I can see it fall towards the $27.00 level. If it were to fall to this level after a spike, as mentioned in the comments, this would likely be a cover point for a lot of day trading short sellers and could cause a quick jump up which could be played going long for a quick trade but I don't really have the data to support that being a great idea yet.

The third foreign pick was Bank of Nova Scotia (BNS)

Closing Price: $42.93
After Hours High: $ 43.87
Percent Increase at High: 2.19%
After Hours Most Recent Price: $ 43.71
Percent Increase at Most Recent Price: 1.82%
Sector: Financial
Days to Cover: 6.2
Short %: 0.12 %
% Held by Insiders: 0.08 %
% Held by Institutions: 43.70 %
50 Day Moving Average: $45.05
200 Day Moving Average: $42.23
Average Price Drop for Sector: 3.4%

Too expensive and bank stocks don't tend to get the price pop due to their conservative nature. And being Canadian myself (please don't hold that against me :) I personally don't use BNS and to be honest I don't know a single person who does. Now that's not to take away from the bank but if you asked me to name 5 Canadian banks off the top of my head I don't think I would think of that one...but again, I am just one person. Regardless, not something I'm interested in shorting.

Finally Cramer said Tyco International Ltd. (TYC) was a triple buy.

Closing Price: $30.85
After Hours High: $ 31.68
Percent Increase at High: 2.69%
After Hours Most Recent Price: $ 31.33
Percent Increase at Most Recent Price: 1.56%
Sector: Technology
Days to Cover: 3.7
Short %: 1.35 %
% Held by Insiders: 0.29 %
% Held by Institutions: 86.10 %
50 Day Moving Average: $30.40
200 Day Moving Average: $27.86
Average Price Drop for Sector: 4.3%

I'm not sure if the 10% breakup gain the stock could produce scared people away, but I don't think that's the kind of number that people are looking for when they blindly buy a Cramer pick. They like to hear the words double or triple. Maybe worth a look tomorrow but the heavy institutional holdings and the recent move past the 50-day moving average are some bullish signs to watch out for, but NTLI has the most potential in my book.

Monday, January 22, 2007

January 22nd - RIO SLB

Cramer's first segment looked at investing outside of the US. His pick was Companhia Vale do Rio Doce (RIO) (which is 1 of 4 upcoming stocks with this theme). A stock I owned up until last week and am now kicking myself for selling and missing out on the spike! Oh well, no regrets as I took my profits.

Closing Price: $30.62
After Hours High: $31.20
Percent Increase at High: 1.9%
After Hours Most Recent: $31.07
Percent Increase at Most Recent Price: 1.5%
Sector: Basic Materials
Days to Cover: 1.9
Short %: 0.90 %
% Held by Insiders: %
% Held by Institutions: 12.90 %
50 Day Moving Average: $28.33
200 Day Moving Average: $24.53
Average Price Drop for Sector: 5.5%

Well, it looks like I didn't miss out on too big of a spike, which also means there is little left to short with the stock up only 45-odd cents. The stock normally has good or bad days, with very few days of just a few cents change as it appears to trade more to the Brazilian market as opposed to mining stocks. Honestly I was hoping for the stock to come down to buy some shares back but it looks like that may not happen for a little while now. So I'm not overly interested in a short here.

Next Cramer looked at the oil services sector and turnaround. He looked at Schlumberger Limited (SLB) as the reason for the turnaround as they made it clear that oil services stocks aren't directly affected by the fluctuation in oil prices.

Closing Price: $61.00
After Hours High and Most Recent: $61.77
Percent Increase: 1.3%
Sector: Basic Materials
Days to Cover: 2.8
Short %: 2.01 %
% Held by Insiders: 2.87 %
% Held by Institutions: 77.80 %
50 Day Moving Average: $63.71
200 Day Moving Average: $63.24
Average Price Drop for Sector: 5.5%

Too expensive for my taste as the stock is up only 1.3%. I also stay away from oil and oil related stocks since the commodity price can trump the Cramer effect (even though the segment is about how oil services have nothing to do with oil prices, people will still trade as if it does, regardless of what Cramer or SLB say...at least for now).

Friday, January 19, 2007

January 19th - ED SO

Well, Mad Money was a bit of a yawner tonight, and with some reading between the lines, I have a feeling Cramer certainly thinks the market is in a downturn for at least the near future. His first segment looked at an upcoming IPO (so no short potential there) and some conservative, replacement bond stocks. Those 2 stocks were:

Consolidated Edison Inc. (ED)

Closing Price: $47.74
After Hours High: $ 48.09
Percent Increase at High: 0.73%
After Hours Most Recent Price: $ 47.90
Percent Increase at Most Recent Price: 0.34%
Sector: Utilities
Days to Cover: 10.1
Short %: 3.86 %
% Held by Insiders: 0.19 %
% Held by Institutions: 50.50 %
50 Day Moving Average: $48.00
200 Day Moving Average: $45.75

Southern Co. (SO)

Closing Price: $36.73
After Hours High: $ 37
After Hours Most Recent Price: $ 37
Percent Increase: 0.74%
Sector: Utilities
Days to Cover: 8.6
Short %: 2.24 %
% Held by Insiders: 0.04 %
% Held by Institutions: 42.90 %
50 Day Moving Average: $36.51
200 Day Moving Average: $34.08

Basically no movement with either of these safe stocks, so once again nothing to watch for come Monday.

And if this wasn't enough, Cramer even said to sit on the sidelines next week during his gameplan segment.

Thursday, January 18, 2007

January 18th - WCI DNA

Cramer started out by talking about piggy backing off others winning picks and used Carl Icahn as an example. He then mentioned stockpickr.com as a place to find some of this info. Cramer then said a stock that is being bought is WCI Communities Inc. (WCI), but halted people from bidding it up by saying not to jump in just yet, which brought stock down after hours, but it went up again as Cramer continued the segment and was positive on the stock, but then at the end said its important to be patient! Wow...he really messed with the after hours buyers!

Closing Price: $21.88
After Hours High: $23.30
Percent Increase at High: 6.5%
After Hours Most Recent: $22.23
Percent Increase at Most Recent Price: 1.6%
Sector: Industrial Goods
Days to Cover: 6.8
Short %: 50.53 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $18.05
200 Day Moving Average: $18.93
Average Price Drop for Sector: 3.2%

Ha...if anyone shorted right at the spike after hours it would have been an easy short, but lots of people had no patience tonight and were buying even though Cramer was up and down on the stock all segment. It was very funny watch the price as it changed on every word Cramer said. Either way, the air is already out of this one.

Next Cramer spoke of Genentech Inc. (DNA) and said it is lower today then it was a year ago, even though the company has a growth rate that was more than double what was expected (30% estimate to 70% actual).

Closing Price: $87.53
After Hours Most Recent: $88.48
Percent Increase at Most Recent Price: 1.1%
Sector: Healthcare
Days to Cover: 3.8
Short %: 2.23 %
% Held by Insiders: 0.01 %
% Held by Institutions: 39.20 %
50 Day Moving Average: $82.01
200 Day Moving Average: $81.07

You could tell people held off buying until they heard Cramer go positive on the stock, unlike WCI above. This segment had a bit of an education theme to it, and is certainly not a speculative pick. As has been discussed lately in the comments of some recent posts, a theory of mine is that when Cramer goes "educational" and stays away from small speculative picks that it may be a signal that he thinks the market is turning to the downside. So why doesn't he come right out and just say that? Well, if he did, I think it would hurt his ratings which is the last thing he would want.

Finally Cramer did his Sell Block segment, which I stay away from shorting because he makes sell picks and not buy picks, which basically has a reverse effect.

Wednesday, January 17, 2007

January 17th - Good tech mostly bad tech

Cramer started out by saying it is time to pull the plug on tech stocks and they are off limits (but there is a Cramer test to see if some are ok). He said the calendar has told him tech is out, which is a better signal then most professional stock advisors. He says to sell stock in January and buy back in August. Cramer said to unload semi-conductors, cell phones, handhelds, software, and storage. After the break Cramer said he is going to look at 5 tech stocks that are worth keeping.

Cramer named the following Tech stocks as ones that can still be owned:

Cisco Systems, Inc. (CSCO) under $25 is a gift
Microsoft Corp. (MSFT) under $28 is a gift
Apple, Inc. (AAPL)
Hewlett-Packard Co. (HPQ)
Google Inc. (GOOG)

All just too big to have Cramer move the stock enough so nothing here worthwhile shorting in my opinion.

Finally Cramer played Am I Diversified.

Tuesday, January 16, 2007

January 16th - ACN WIT

Cramer looked at outsourcing/consulting plays. The stocks mentioned were:

Accenture Ltd. (ACN)

Closing Price: $37.10
After Hours High: $ 37.72
Percent Increase at High: 1.67%
After Hours Most Recent Price: $ 37.67
Percent Increase at Most Recent Price: 1.54%
Sector: Services
Days to Cover: 1.7
Short %: 0.56 %
% Held by Insiders: 3.21 %
% Held by Institutions: 48.60 %
50 Day Moving Average: $34.89
200 Day Moving Average: $30.51
Average Price Drop for Sector: 2.8%

Electronic Data Systems Corp. (EDS)

Closing Price: $26.76
After Hours High: $ 27.19
Percent Increase at High: 1.61%
After Hours Most Recent Price: $ 26.72
Percent Increase at Most Recent Price: -0.15%
Sector: Technology
Days to Cover: 2.1
Short %: 1.01 %
% Held by Insiders: 0.42 %
% Held by Institutions: 93.20 %
50 Day Moving Average: $26.94
200 Day Moving Average: $25.19
Average Price Drop for Sector: 4.3%

Cramer said he prefers ACN over EDS (hence the negative movement after hours for EDS).

Infosys Technologies Ltd. (INFY)

Closing Price: $57.33
After Hours High: $ 58.25
Percent Increase at High: 1.60%
After Hours Most Recent Price: $ 57.94
Percent Increase at Most Recent Price: 1.06%
Sector: Technology
Days to Cover: 0.9
Short %: 0.37 %
% Held by Insiders: 19.62 %
% Held by Institutions: 13.00 %
50 Day Moving Average: $54.10
200 Day Moving Average: $44.65
Average Price Drop for Sector: 4.3%

Wipro Ltd. (WIT)

Closing Price: $17.08
After Hours High: $ 17.84
Percent Increase at High: 4.45%
After Hours Most Recent Price: $ 17.51
Percent Increase at Most Recent Price: 2.52%
Sector: Technology
Days to Cover: 5.9
Short %: 0.17 %
% Held by Insiders: 82.06 %
% Held by Institutions: 0.80 %
50 Day Moving Average: $15.36
200 Day Moving Average: $13.62
Average Price Drop for Sector: 4.3%

All things considered WIT is the only decent shorting option tonight. These aren't exactly sexy stocks which I think has something to do with the lack of any major spikes. WIT reached a new 52-week high today and closed near the high which shows it has some momentum (a short sellers worst enemy). I just noticed that the company reports earnings tomorrow at 8:15am before the bell! RED FLAG RED FLAG! I would not short this, because a good earnings report will trump the Cramer effect! Of course Cramer has been wrong with stocks about to report (DKS anyone?), but its not worth the risk in my opinion.

Update - MRVC

Pre-Market High: $ 4.20
Pre-Market Low: $ 4.00
Pre-Market Close: $ 4.16
Pre-Market Volume: 1,260,338
Last Friday Nights Price: $4.05, high of $4.20

Regular Hours Open: $4.17
Initial Spike Price: $4.18
Time of Spike: 9:30am
Initial Drop in Price from Initial Spike: down $0.21 (-5.0%) to $3.97
Time of Initial Drop: 9:42am
High for the Day: $4.19
Low for the Day: $3.97
End of Day Closing Price: $3.98, up $0.36

Friday, January 12, 2007

January 12th - NKE MRVC

Cramer started out comparing K-Swiss to Nike Inc. (NKE) and said Nike was the best of breed.

Closing Price: $99.76
After Hours High: $ 100.43
Percent Increase at High: 0.67%
After Hours Most Recent Price: $ 100.06
Percent Increase at Most Recent Price: 0.30%
Sector: Consumer Goods
Days to Cover: 3.4
Short %: 2.29 %
% Held by Insiders: 34.64 %
% Held by Institutions: 62.40 %
50 Day Moving Average: $96.73
200 Day Moving Average: $85.92
Average Price Drop for Sector: 4.8%

Well the after hour numbers speak for themselves as there was little increase after hours. Maybe people have already shut down for the long week, or maybe since this was more of an education segment there were few buyers to increase this one. Too expensive anyway.

Next Cramer had a speculative pick MRV Communications Inc. (MRVC)

Closing Price: $3.62
Percent Increase at High: 16.02%
After Hours High: $ 4.20
Percent Increase at Most Recent Price: 11.88%
After Hours Most Recent Price: $ 4.05
Sector: Technology
Days to Cover: 5.2
Short %: 6.45 %
% Held by Insiders: 3.78 %
% Held by Institutions: 44.50 %
50 Day Moving Average: $3.48
200 Day Moving Average: $3.09
Average Price Drop for Sector: 4.3%

A cheap stock with a big increase after hours. These ones can be wild rides as it seems some people don't see a difference paying $3.80 or $4.20 because no matter what it still looks cheap to people....even though they aren't really looking at why the stock is as cheap as it is. Its hard to say what may happen here, but if you look at BBI from today, which was downgraded, went down, but then went up the rest of the day (and as someone commented, I agree...I'm not sure I agree with the BBI downgrade either...if they are taking market share from netflix and consolidating stores aren't those good signs?? Unless they can't afford to rent videos via the mail?) Anyway, on Tuesday I would look for as quick of a short as possible, keeping in mind that only a little drop equals a decent percentage gain, but of course the opposite is true too...a little gain equals a decent size loss (on paper). I like to look at stocks with a similar price to see how they react and RAD is a recent example. Below is how it reacted the next day.

Regular Hours Open: $5.79
Initial Spike Price: $5.87
Time of Spike: 9:30am
Initial Drop in Price from Initial Spike: down $0.23 (-3.9%) to $5.64
Time of Initial Drop: 10:14am

This by no means the same will happen with MRVC, and MRVC went up even higher after hours then RAD did, but it shows that within the first minute of trading RAD had over a 1% move. If MRVC goes back up to and above $4.20 I would think it unlikely for the stock to hold 16% gains.

Update - BBI

Although I don't normally give an update for a stock I didn't consider a good short, BBI was downgraded this morning before the opening and it helped bring the stock down from its after hours high. I don't think showing the numbers or the chart are important since the drop was from the downgrade and not a typical "Cramer effect drop".

Thursday, January 11, 2007

January 11th - SNE BBI

Cramer started out saying it is important to pick stocks before the news comes out. Cramer then said to look at Sony Corp. (SNE) as a value play that people are overlooking now.

Closing Price: $45.65
After Hours High: $46.59
Percent Increase at High: 2.1%
After Hours Most Recent: $46.00
Percent Increase at Most Recent Price: 0.8%
Sector: Consumer Goods
Days to Cover: 2.2
Short %: 0.25 %
% Held by Insiders: 0.12 %
% Held by Institutions: 13.70 %
50 Day Moving Average: $41.13
200 Day Moving Average: $43.44
Average Price Drop for Sector: 4.8%

Ok, so this was up before Cramer mentioned it and it caused an even bigger spike since people probably didn't notice. I don't see any news to explain why it was up after hours, since it closed in the red today, but the stock quickly came down is up a little under a percent. I have a feeling some people bought when they weren't supposed to while listening to Cramer before the show aired (but I could be wrong). And then there were probably some others that saw this and put in sell (or short sell) orders even higher to take advantage of the buyers. Too expensive for my taste, and unless you got a short in right away when the price was much higher there is really nothing to bother with here in my opinion.

Finally Cramer recommended (again) Blockbuster Inc. (BBI)

Closing Price: $6.16
After Hours High and Most Recent: $6.58
Percent Increase at High: 6.8%
Sector: Services
Days to Cover: 10.0
Short %: 28.33 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $4.91
200 Day Moving Average: $4.42
Average Price Drop for Sector: 2.8%

This was NOT a very good short last time as the stock only came down $0.12 and had strength all day. Read the last update from the last time he picked it HERE. The price has also gone up after hours as Cramer had more good things to say about the company. Also, Cramer has said he sees this one not belonging in the under $10 group, so that tells people there could be big upside and will likley create a lot of buyers. Personally, not one I want to short.

Update - SKS PETM

SKS
Pre-Market High: $ 18.49
Pre-Market Low: $ 17.68
Pre-Market Close: $ 18.23
Pre-Market Volume: 65,400
Last Nights Price: $18.26

Regular Hours Open: $18.19
Initial Spike Price: $18.28
Time of Spike: 9:32am
Initial Drop in Price from Initial Spike: down $0.23 (-1.3) to $18.05
Time of Initial Drop: 10.07am
High for the Day: $18.45
Low for the Day: $18.05
End of Day Closing Price: $18.41, up $0.73


PETM
Pre-Market High: $ 30.95
Pre-Market Low: $ 30.66
Pre-Market Close: $ 30.94
Pre-Market Volume: 9,637
Last Nights Price: $30.75

Regular Hours Open: $30.95
Initial Spike Price: $31.25
Time of Spike: 9:45am
Initial Drop in Price from Initial Spike: down $0.25 (-0.8%)** to $31.00
Time of Initial Drop: 10:45
High for the Day: $31.59
Low for the Day: $30.84
End of Day Closing Price: $31.36, up $1.14


** - Not a great one with PETM today. The high was not found at 9:30 as usual, even though the price did approach $31 at the open. The stock continued to climb with very few rests. The bullish signs noted last night may have been a clue to this strength today.

Wednesday, January 10, 2007

January 10th - SKS PETM

Cramer's theme tonight was 2 retail turnaround stocks (which he says is rare). The first being Saks Inc. (SKS)

Closing Price: $17.68
After Hours High: $18.50
Percent Increase at High: 4.6%
After Hours Most Recent: $18.26
Percent Increase at Most Recent Price: 3.3%
Sector: Services
Days to Cover: 3.1
Short %: 10.84 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $16.79
200 Day Moving Average: $13.85
Average Price Drop for Sector: 2.8%

For anyone that watches Fast Money, SKS has been a pick of some of the analysts on that show (including Macke who is the retail expert) five times in recent months. I doubt that will have any effect on the price action tomorrow, but it shows Cramer may be a little late in recommending it? Anyway, I don't see many reason why this price should go up any higher tomorrow then it did tonight ($18.50). The stock was down today, has very little short days to cover to cause a spike and I don't see any info for insider or institutional holders (although I don't always trust that info). I think a short anywhere near the after hours high of $18.50 would be a good entry point. If the stock were to go higher then that in the pre-market or shortly after the bell, I think it would be unlikely to go higher then $19.

The second retail turnaround was Petsmart Inc. (PETM)

Closing Price: $30.22
After Hours High: $31.20
Percent Increase at High: 3.2%
After Hours Most Recent: $30.75
Percent Increase at Most Recent Price: 1.8%
Sector: Services
Days to Cover: 2.7
Short %: 2.92 %
% Held by Insiders: 1.46 %
% Held by Institutions: 86.00 %
50 Day Moving Average: $29.40
200 Day Moving Average: $27.13
Average Price Drop for Sector: 2.8%

Based on percentages, SKS is up more after hours, which means it has more room to fall which makes it a more favorable pick for shorting. The stock was also up just over 2% today and did just break through its 50-day moving average price on higher volume then average which are bullish signs. The stock is also declining after hours, so for a worth while short in the morning, it would be nice to see a spike back up to at least $31.

Finally, Cramer played "Am I Diversified".

Update - ECOL

Pre-Market High: $ 19.31
Pre-Market Low: $ 18.75
Pre-Market Close: $ 19.14
Pre-Market Volume: 52,025
Last Nights Price: $19.05

Regular Hours Open: $19.17
Initial Spike Price: $19.22
Time of Spike: 9:34am
Initial Drop in Price from Initial Spike: down $0.42 (-2.2%) to $18.80
Time of Initial Drop: 9:55am
High for the Day: $19.22
Low for the Day: $18.70
End of Day Closing Price: $18.78, up $0.96

Tuesday, January 09, 2007

January 9th - ECOL SRCL

Cramer's theme tonight was waste management and his first recommendation was American Ecology Corp. (ECOL)

Closing Price: $17.97
After Hours High: $ 19.24
Percent Increase at High: 7.07%
After Hours Most Recent Price: $ 19.05
Percent Increase at Most Recent Price: 6.01%
Sector: Industrial Goods
Days to Cover: 8.0
Short %: 5.76 %
% Held by Insiders: 18.00 %
% Held by Institutions: 63.40 %
After Hours High: $ 19.24
After Hours Most Recent Price: $ 19.05
50 Day Moving Average: $20.34
200 Day Moving Average: $21.92
Average Price Drop for Sector: 3.2%

Big increase after hours for a waste play if you ask me. Once again shows investor confidence (or gullibility). The moving average might actually come into play here as the 50-day is at $20.34 which means there would be resistance if the stock were to get that high (because it means that people that bought this stock in the last 50 days are all losing money, and if the price goes back up to $20.34 they may sell to break even, thus causing the resistance). Given the strong after hours, I wouldn't be surprised if tomorrow morning this went higher than $19.25 these days I wouldn't be surprised if it did come close to $20.

His medical waste pick was Stericycle Inc. (SRCL)

Closing Price: $74.02
After Hours High: $ 75.51
Percent Increase at High: 2.01%
After Hours Most Recent Price: $ 75.04
Percent Increase at Most Recent Price: 1.38%
Sector: Industrial Goods
Days to Cover: 13.3
Short %: 4.94 %
% Held by Insiders: 4.86 %
% Held by Institutions: 89.50 %
After Hours High: $ 75.51
After Hours Most Recent Price: $ 75.04
50 Day Moving Average: $71.94
200 Day Moving Average: $67.42
Average Price Drop for Sector: 3.2%

Too expensive for my taste. With the stock up the same dollar value as ECOL it may looking good to some, but the percentage tells the story for me. And although there obviously were some buyers, I don't see there being a large amount of buyers breaking down the door tomorrow to get some which also might make it harder to get a short filled for the quantity desired.

Finally Cramer basically sat on the fence with Bed Bath & Beyond Inc. (BBBY) but said if you own it, it is worth keeping. He is on both sides because there was both an upgrade and a downgrade on the stock today, and he agrees with both reports.

Closing Price: $40.05
After Hours High: $ 40.47
Percent Increase at High: 1.05%
After Hours Most Recent Price: $ 40.39
Percent Increase at Most Recent Price: 0.85%
Sector: Services
Days to Cover: 3.6
Short %: 3.23 %
% Held by Insiders: 3.92 %
% Held by Institutions: 87.90 %
50 Day Moving Average: $39.53
200 Day Moving Average: $37.08
Average Price Drop for Sector: 2.8%

The fence sitting obviously had an adverse effect on the price movement after hours and makes this one not really a consideration for shorting in my opinion.

Update - OPTM

Pre-Market High: $ 25.46
Pre-Market Low: $ 25.00
Pre-Market Close: $ 25.19
Pre-Market Volume: 34,446
Last Nights Price: $25.39

Regular Hours Open: $25.27
Initial Spike Price: $26.19
Time of Spike: 9:39am
Initial Drop in Price from Initial Spike: down $0.69 (-2.6%) to $25.50
Time of Initial Drop: 9:50am
High for the Day: $26.63
Low for the Day: $24.35
End of Day Closing Price: $24.42, up $0.93


Although I show that there was an opportunity to short, I said last night to wait for a bit after the opening bell to see where it went, and the stock went well above last nights high. That is the same thing that happened to DIVX which was a big enough sign for me to stay away, even though this one came down considerably, unlike DIVX.

Monday, January 08, 2007

January 8th - GILD TMO OPTM

Cramer started out trying to predict the big news from the JP Morgan biotech conference starting this week. His favorite right now is Gilead Sciences Inc. (GILD)

Closing Price: $64.23
After Hours High: $65.70
Percent Increase at High: 2.3%
After Hours Most Recent: $65.40
Percent Increase at Most Recent Price: 1.8%
Sector: Healthcare
Days to Cover: 2.8
Short %: 2.29 %
% Held by Insiders: 0.47 %
% Held by Institutions: 93.20 %
50 Day Moving Average: $66.63
200 Day Moving Average: $62.48

Too expensive for my strategy, but a decent price increase for an "expensive" stock. A new year could be bringing in new buyers who are just tuning into Cramer and bidding up his picks? Could be a good sign of things to come in the near future, or maybe just a fluke.

Cramer's second biotech recommendation was Thermo Fisher Scientific, Inc. (TMO)

Closing Price: $44.93
After Hours High: $45.80
Percent Increase at High: 1.9%
After Hours Most Recent: $45.70
Percent Increase at Most Recent Price: 1.7%
Sector: Conglomerates
Days to Cover: 4.7
Short %: 3.69 %
% Held by Insiders: 1.18 %
% Held by Institutions: 36.80 %
50 Day Moving Average: $44.38
200 Day Moving Average: $39.34

Again, to expensive for me, and a similar percentage increase for a stock of this price, but Cramer had a few interesting things to say. He said to buy around 10 tomorrow...which just happens to be around the time when the bottom is normally seen (closer to 10:15 if you ask me) after the morning price spike. He also pointed out his show is only being aired twice daily now instead of 3 times. Is this going to hurt his ratings? Is this going to hurt the movement of the stocks he recommends? With TiVo and dvr's I'm sure all the people that look to Cramer for stock picks will find a way to get his picks and bid them up nicely.

Finally Cramer looked at a recent 2006 IPO stock and said Optium Corporation (OPTM) was overlooked and is a good speculative stock.

Closing Price: $23.49
After Hours High: $25.39
Percent Increase at High: 8.1%
After Hours Most Recent: $25.13
Percent Increase at Most Recent Price: 7.0%
Sector: Technology
Days to Cover: 0.9
Short %: 3.38 %
% Held by Insiders: %
% Held by Institutions: %

Low volume stock here that trades around 300,000 shares a day (but only just over 100,000 today). Cramer said his one has been overlooked, even though it is currently trading above the price it traded at on its first day of trading back in October. Since Cramer compared this to DIVX (and warned not to bid it up like DIVX, which went on deaf ears apparently) this one has gone up considerably after hours. If this is anything like DIVX it would make it a bad pick for shorting as the stock went higher the next day then the after hours the night before and showed no significant drop. If the stock trades in the pre-market above tonight's price high of $25.39 that would be a warning sign for me to not short. I would also wait for a bit after the bell to see what direction it may take, but that wait may reduce any good chance for shorting down to zero.

Update - LVLT SVNT RAD

LVLT
Pre-Market High: $ 6.24
Pre-Market Low: $ 6.12
Pre-Market Close: $ 6.19
Pre-Market Volume: 2,598,535
Last Nights Price: $6.17

Regular Hours Open: $6.19
Initial Spike Price: $6.20
Time of Spike: 9:30am
Initial Drop in Price from Initial Spike: down $0.21 (-3.2%) to $5.99
Time of Initial Drop: 10:30am
High for the Day: $6.2
Low for the Day: $5.99
End of Day Closing Price: $6.08, up $0.15


SVNT
Pre-Market High: $ 12.74
Pre-Market Low: $ 12.20
Pre-Market Close: $ 12.66
Pre-Market Volume: 91,582
Last Nights Price: $12.68

Regular Hours Open: $12.68
Initial Spike Price: $12.97
Time of Spike: 9:31am
Initial Drop in Price from Initial Spike: down $0.74 (-5.7%) to $12.23
Time of Initial Drop: 10:08am
High for the Day: $12.97
Low for the Day: $12.23
End of Day Closing Price: $12.74, up $1.08


RAD
Pre-Market High: $ 5.81
Pre-Market Low: $ 5.72
Pre-Market Close: $ 5.79
Pre-Market Volume: 85,800
Last Nights Price: $5.78

Regular Hours Open: $5.79
Initial Spike Price: $5.87
Time of Spike: 9:30am
Initial Drop in Price from Initial Spike: down $0.23 (-3.9%) to $5.64
Time of Initial Drop: 10:14am
High for the Day: $5.88
Low for the Day: $5.64
End of Day Closing Price: $5.75, up $0.18

Friday, January 05, 2007

Jan 5th - Speculative Stocks for '07 - SVNT RAD LVLT

Cramer's top 3 speculative stocks for 2007 from #3 to #1 are:

#3
Savient Pharmaceuticals Inc. (SVNT)

Closing Price: $11.66
After Hours High: $13.20
Percent Increase at High: 13.2%
After Hours Most Recent: $12.68
Percent Increase at Most Recent Price: 8.7%
Sector: Healthcare
Days to Cover: 5.3
Short %: 7.52 %
% Held by Insiders: 16.04 %
% Held by Institutions: 70.30 %
50 Day Moving Average: $10.11
200 Day Moving Average: $6.87

There appears to be some stronger hands holding this stock as can be seen with the high insider/institutional holdings combined. We have also just pushed past the 52-week high. A good opportunity for shorting here since we have a large run up and it may get "forgotten" if people are more interested in the #1 pick tonight. These 3 could all be very risky shorts since there is a lot of interest in these picks (as I can tell with the number of hits on my blog alone today that were based on "Cramer picks for 2007"). I would look at $13 being an important number and if it doesn't break it early Monday and comes close to it, there could be a drop off at the bell from there.

#2
Rite Aid Corp. (RAD)

Closing Price: $5.57
After Hours High: $5.95
Percent Increase at High: 6.8%
After Hours Most Recent: $5.78
Percent Increase at Most Recent Price: 3.8%
Sector: Services
Days to Cover: 7.3
Short %: 7.40 %
% Held by Insiders: 9.14 %
% Held by Institutions: 57.40 %
50 Day Moving Average: $4.83
200 Day Moving Average: $4.51
Average Price Drop for Sector: 2.8%

Kudos to a commenter who called RAD as one of the speculative picks (he/she is 1 for 2 and has bet on LVLT like many others as the #1). For a cheap stock, the gain is rather small. It almost touched $6, which means that will be the price to watch on Monday to see if it breaks that. Again, the hope is that the stock will come close to $6, or maybe right to $6 even and fall off as no one wants to pay more then that nice whole number. Of course, if it breaks that number during the pre-market or in the first few minutes of regular hours trading, then that means people are willing to pay over $6, and who knows how much more then that, which means I like to stay away. Another point to make, this pick has also gone past its 52-week high with this after hours push, which could be met with some resistance.

#1
Level 3 Communications Inc. (LVLT)

Closing Price: $5.93
After Hours High: $6.25
Percent Increase at High: 5.6%
After Hours Most Recent: $6.17
Percent Increase: 4.0%
Sector: Technology
Days to Cover: 2.7
Short %: 9.14 %
% Held by Insiders: 8.55 %
% Held by Institutions: 82.50 %
50 Day Moving Average: $5.51
200 Day Moving Average: $4.86
Average Price Drop for Sector: 4.3%

Well Cramer did what a lot of people were guessing (myself included) and picked LVLT. He said that he doesn't think the rise in the stock price today was from people speculating that this would be his pick, but I beg to differ. He made it rather clear about a month ago that it could be his speculative pick for 2007. LVLT has no earnings and a lot of debt, and from reading the message boards there are a lot of bears that follow this stock. A lot of good news and numbers will have to come out to warrent this stock going up like Cramer's pick of the year from last year so I think there has to be a cap on this stock in the short term. The stock was up around 6.5% today and the after hours is only going to include brokers who can trade after 6:30pm (a lot can't), so this one could be wild on Monday morning which more people trying to jump in that couldn't tonight. The last few times Cramer has recommended the stock (type in LVLT in the search box at the very top to see the other posts) the stock only went up 40-50 cents so the fact it was up that much already today in anticipation, the pop after hours is even that much more inflated in my opinion. With LVLT after previous recommendations, the stock did drop right at the opening bell, but it didn't last long and went up higher then the opening price.

Thursday, January 04, 2007

January 4th - Growth picks for 2007 - CSCO AAPL NYX

Following Cramer's Value picks, his 3 growth stocks for 2007 are:

#3:
Cisco Systems, Inc. (CSCO)

Closing Price: $28.46
After Hours High: $28.77
Percent Increase at High: 1.1%
After Hours Most Recent: $28.67
Percent Increase at Most Recent Price: 0.7%
Sector: Technology
Days to Cover: 1.3
Short %: 1.05 %
% Held by Insiders: 1.10 %
% Held by Institutions: 66.60 %
50 Day Moving Average: $26.21
200 Day Moving Average: $22.16
Average Price Drop for Sector: 4.3%

Tiny price pop after hours, but there is certainly no lack of supply with CSCO considering it traded over 73 million shares today. CSCO was hated just over a year ago when it was trading around $16-18 and has had a nice climb after some strong earning reports. All the market talk is tech right now with money leaving energy and getting into tech, and CSCO is one of the bigger tech names. Not something I want to short here for many reasons, and the first and foremost being that it really didn't go up after hours, and any jump tomorrow morning could be sector strength and not Cramer effect.

#2
Apple Computer Inc. (AAPL)

Closing Price: $85.66
After Hours High: $85.90
Percent Increase at High: 0.2%
After Hours Most Recent: $85.80
Percent Increase at Most Recent Price: 0.1%
Sector: Technology
Days to Cover: 0.9
Short %: 2.89 %
% Held by Insiders: 4.76 %
% Held by Institutions: 77.60 %
50 Day Moving Average: $84.98
200 Day Moving Average: $70.51
Average Price Drop for Sector: 4.3%

Again, like CSCO, hardly a price pop after hours, but these aren't exactly revolutionary picks. People must be holding off for the speculative picks tomorrow (LVLT anyone?) which is where the real money could be seen, or so people I assume are expecting. And my guess before #1 (yes, I am writing this before he actaully tells us) is GOOG! Shocking right? How could it not be GOOG? I guess we will find out after the lightening round.

#1
NYSE Group, Inc. (NYX)

Closing Price: $95.10
After Hours High: $97.73
Percent Increase: 2.8%
After Hours Most Recent: $97.54
Percent Increase: 2.6%
Sector: Financial
Days to Cover: 3.3
Short %: 43.52 %
% Held by Insiders: 0.71 %
% Held by Institutions: 59.90 %
50 Day Moving Average: $91.49
200 Day Moving Average: $72.64
Average Price Drop for Sector: 3.4%

Ok, mud on my face, the #1 pick was not GOOG. I guess it was just too obvious of a pick, but Cramer did mention it during the AAPL segment and said he still thinks GOOG is on its way to $600. So the NYX had the biggest pop, even though it was the most expensive. This is a sign that people are waiting for the #1 picks and not that eager for the #2 and #3, something to consider for tomorrow night at least. Too expensive for my blood, but as a commenter proved today (who shorted MO) there is still money to be made on the short side, but I personally like to stay away from the stocks over $40. NYX finished strong today, but was down after hours before Mad Money aired.

Wednesday, January 03, 2007

January 3rd - Value picks for the year - HAL GS MO

Cramer started out 2007 with his predictions for year. He said he believes the DOW will but up 17th by the end of '07. Instead of giving just 1 stock of the year, Cramer decided to give picks for different investing styles. Tonight's show are his 3 value picks of the year, the first (which is his thrid favorite) being Halliburton Co. (HAL)

Closing Price: $29.87
After Hours High: $30.60
Percent Increase: 2.4%
After Hours Most Recent: $30.39
Percent Increase: 1.7%
Sector: Basic Materials
Days to Cover: 3.4
Short %: 4.42 %
% Held by Insiders: 0.26 %
% Held by Institutions: 83.70 %
50 Day Moving Average: $32.11
200 Day Moving Average: $33.97
Average Price Drop for Sector: 5.5%

HAL is still red for the day even with the after hours action. Either HAL is just not a popular pick or people don't like the idea of value picks because they aren't sexy enough. Regardless, not something I would consider shorting even if the after hours price spike much more then it has due to the links to oil. The OIH was down big today on top of NBR warning of a bad quarter which brought down the sector. A rebound from those tomorrow could propel the sector and HAL along with it, which is the reason I stay away from shorting oil/gas stocks.

The second favorite value pick for 2007 is Goldman Sachs Group Inc. (GS) which closed today at $200.72. Its a new year, but my old rules are still intact and shorting a stock of this price isn't a great idea in my opinion because the percentages are too small and the amount of capital required to hold the short (even if it is only for a few mintues or hours). So, we are 2 for 2 with picks that Cramer owns for his charitable trust, so is the final #1 pick in his list too? Also, just a heads up for people that don't watch the show. Cramer has hinted in previous weeks that LVLT may be one of his speculative picks for 2007. I assume he will be doing his speculative picks of the year on Friday (since he mentioned value, growth and speculative, in that order). Certainly not a guaruntee that I am offering, but I'm sure other people are drawing the same conclusion as I am as there is some after hour trading in LVLT already tonight but the stock isn't up much.

Finally, Cramer's #1 value play was Altria Group Inc. (MO), and although I wasn't looking when he mentioned it, I'm sure he owns it for his charitable trust (or at least he used to). He says it could go up $30 when they finally break up the stock into 3 seperate ones. The stock closed today at $86.52, so once again to expensive to play the short of the Cramer recommendation.

So aside from LVLT, I am trying to think of some other picks Cramer may make for his top 3 Growth and top 3 Speculative plays. GOOG certainly comes to mind for growth, but I don't think Cramer can move it that much.

Tuesday, January 02, 2007

January 2nd - Repeat

And yet another repeat today on Mad Money. Not sure if this is another week off for Cramer, or a cancelled show due to the closed markets today. Today was an old repeat (as can be seen by the lack of the new scoreboard in the background), unlike last weeks new "repeatable" shows. This was a help with, stock picking, homework, and diversification show.