March 22nd - Q PICO

Cramer recommended Qwest Communications International Inc. (Q) saying that it would benefit the most from the telco sector if it wins a big government contract.

Closing Price: $8.83
After Hours High: $ 9.30
Percent Increase at High: 5.32%
After Hours Most Recent Price: $ 9.23
Percent Increase at Most Recent Price: 4.53%
Sector: Technology
Days to Cover: 3.3
Short %: 4.69 %
% Held by Insiders: %
% Held by Institutions: %
50 Day Moving Average: $8.41
200 Day Moving Average: $8.26

The after hours price has pushed the stock above the top band of $8.92, although the closing price was pretty close to that to begin with. I could see the stock holding above $9 though so it leaves some decent room to the downside. I don't think the contact is going to be awarded tomorrow morning, but it would be something to keep an eye out for just in case.

Next Cramer asked people to do their homework on PICO Holdings Inc. (PICO)

Closing Price: $43.61
After Hours High: $ 45.37
Percent Increase at High: 4.04%
After Hours Most Recent Price: $ 45.11
Percent Increase at Most Recent Price: 3.44%
Sector: Financial
Days to Cover: 6.2
Short %: 5.87 %
% Held by Insiders: 27.09 %
% Held by Institutions: 61.60 %
50 Day Moving Average: $40.69
200 Day Moving Average: $34.56


I guess homework means bid the stock up 4% to some people? The stock was recently hit with a share offering at $37, but has rebounded very well since then and is still under the top band of $46.17 even with the healthy after hours increase tonight. The stock has a bit too much momentum and too many positive signs to short in my opinion.