February 22nd - EMU CHTR

Cramer's first segment was about nuclear power and the uranium that power them. His pick was ENERGY METALS CORPOR (EMU)

Closing Price: $11.88
After Hours High: $13.88
Percent Increase at High: 16.8%
After Hours Most Recent: $12.69
Percent Increase at Most Recent Price: 6.8%

I kid you not that I was in the dentist office today and read an article about uranium while I wanted and EMU was mentioned! From a technical perspective this stock is overbought with an RSI value of 84 (stocks with an RSI over 70 are considered overbought). It has also blown right past the top band of $11.90 after hours after it had been walking the band upwards for the last several days showing an obvious up-trend. Cramer tried to warn people to not buy over $12, but was unsuccessful. Anything close to $13 for a short could be a good short entry point, but given the momentum the stock has had, I don't expect a drop all the way back down to the top band of $11.90, but this one doesn't have to come down much to get a good percentage drop for a quick trade.

Cramer's next pick was Charter Communications Inc. (CHTR)

Closing Price: $3.10
After Hours High: $3.38
Percent Increase at High: 9.0%
After Hours Most Recent: $3.35
Percent Increase at Most Recent Price: 8.1%
% short: 22.34%
Days to Cover: 8.2
% Held By Insiders: 11.15%
% Held By Institutions: 77.30%

After hours has taken the price above the middle of the band (also the 20-day SMA) of $3.26, with the top band (and possible top for tomorrow) of $3.46. Anything above $3.46 could represent a good short opportunity tomorrow morning. The short percentage in the stock already is a little concerning as is the institutional holding percentage so I would consider this the riskier of the 2 stocks from tonight's show.