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Thursday, February 08, 2007

February 8th - SHLD DST

Cramer's first segment looked at the first publicly traded hedge fund (but only gave it 1 thumb up) and said Sears Holdings Corporation (SHLD) is the winner of this occurrence. As Cramer has said many times in the past, SHLD is not truly a retailer and is more play on Eddie Lampert who gets to invest the returns from Sears, which is the same thing Warren Buffet did. Cramer says the fact a publicly traded hedge fund will give people something to compare SHLD to.

Closing Price: $180.81
Sector: Services
Days to Cover: 6.1
Short %: 13.09 %
% Held by Insiders: 4.94 %
% Held by Institutions: 90.90 %
50 Day Moving Average: $173.18
200 Day Moving Average: $159.05
Average Price Drop for Sector: 2.8%

I am not going to short this stock due to the price so I haven't put the after hours prices in, but you can see there are a lot of people short the stock (which Cramer says is because people don't understand that SHLD isn't really a retailer).

Finally Cramer recommended DST Systems Inc. (DST) based on the fact a similar company was just bid on at a much higher price.

Closing Price: $71.94
After Hours High: $73.50
Percent Increase at High: 2.2%
After Hours Most Recent: $73.48
Percent Increase at Most Recent Price: 2.1%
Sector: Technology
Days to Cover: 8.0
Short %: 7.14 %
% Held by Insiders: 3.40 %
% Held by Institutions: 84.50 %
50 Day Moving Average: $64.94
200 Day Moving Average: $61.02
Average Price Drop for Sector: 4.3%

Once again too expensive for my taste. Not much else to say about it really....much like most of the picks lately, from a short perspective.

Comments on "February 8th - SHLD DST"

 

Anonymous Anonymous said ... (February 09, 2007 5:19 PM) : 

http://marketbarometer.blogspot.com/2007/02/daytrading-cramers-latest-pick-sears.html

 

Anonymous Anonymous said ... (February 09, 2007 5:37 PM) : 

Come on Cramer I just want to make some money and you are not helping.

 

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