March 30th - JSDA SHLD RSH
Cramer once again recommended Jones Soda Co. (JSDA) as the next HANS
Closing Price: $20.22
After Hours High: $ 21.83
Percent Increase at High: 7.96%
After Hours Most Recent Price: $ 21.50
Percent Increase at Most Recent Price: 6.33%
Sector: Consumer Goods
Days to Cover: 3.5
Short %: 21.07 %
% Held by Insiders: 9.35 %
% Held by Institutions: 42.00 %
50 Day Moving Average: $15.62
200 Day Moving Average: $10.91
The stock is up big on earnings news and from what analysts are saying Cramer's positive interview with the CEO this past week. The stock was down almost $1 today as the stock was showing signs of being overbought from several technical indicators. The RSI was over 70 before today and the MACD also appears to be topping as the lines converge (at the bottom of the chart). So, with this 6% gain after hours I could see some more selling Monday morning.
Finally Cramer continued his benefit of the doubt segment and recommended Sears Holdings Corporation (SHLD) and RadioShack Corp. (RSH). SHLD only had 8 trades after Cramer's mention and was up only slightly and RSH has only 3 trades also for a very small gain.
posted by CramerTracker @ 3/30/2007
3 comments
Comments on "March 30th - JSDA SHLD RSH"
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Anonymous said ... (March 30, 2007 9:41 PM) :
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CramerTracker said ... (March 30, 2007 9:59 PM) :
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PENNY STOCK INVESTMENTS said ... (January 16, 2014 2:32 PM) :
post a commentHow many times can Cramer mention a stock before it wears off? I think he is laying it on very thick with Jones for some reason. He doesnt usually constantly revisit picks like this.
We can probably expect more Cramer pumps about Jones in the future. With each pump though, the effect wears away with time.
I remember he pumped NYX continously and now the effect has worn off. I also remember Marvel semi. After months of pumping, the stock ended up in the heap. I think it closed at 16 and change today.
Agreed. This is a bit much with JSDA. He even used the same punchline last time saying it was the next HANS. And normally he will do a CEO interview AFTER he does a segment, not before. Its even funny when analysts are saying that Cramer is the main reason for the stock increasing even after the big run up from their earnings. I think this one has some new weak hands holding the stock and will bail if this shows weakness next week, which the technicals show they might.
Not bad great take on positions.