March 15th - CI VOLC

Cramer said he is still on the defensive with the current market conditions. He stressed companies who are actively buying back their stock, which is a strategy he has been stressing a lot lately. He said a there is such a stock in the non-drug making health care sector, and that stock is CIGNA Corp. (CI)

Closing Price: $140.88
After Hours: $141.68
Percent Increase: 0.6%
Sector: Healthcare
Days to Cover: 1.6
Short %: 1.32 %
% Held by Insiders: 0.63 %
% Held by Institutions: 80.30 %
50 Day Moving Average: $135.69
200 Day Moving Average: $117.10

Not much to write about here given the high price tag which isn't going to be bought up insanely after hours.

Finally Cramer had another medical stock Volcano Corporation (VOLC)

Closing Price: $18.91
After Hours High: $19.79
Percent Increase at High: 4.7%
After Hours Most Recent: $19.55
Percent Increase at Most Recent Price: 3.4%
Sector: Healthcare
Days to Cover: 2.6
Short %: 4.61 %
% Held by Insiders: 45.65 %
% Held by Institutions: 49.20 %


Much more interesting here with VOLC. The top band was approached after hours as the high was $19.79 and the top band sitting at $20.05. It would be nice for the price to get up to the high 19's tomorrow for a possible short entry point although we are around 50 cents below that level now. If the stock doesn't go to the high 19's the low isn't likely to be the middle band at $18.42 because that is just too low and it isn't likely to go red (below $18.91) unless the market is really bad tomorrow. There is some upward momentum in the stock coming off the lower band in recent days so I would take profits quickly.