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.