March 8th - CSH AEA CHE

Again looking at the "sub-prime" crisis Cramer recommended the following 2 stocks:

Cash America International Inc. (CSH)
Closing Price: $39.80
After Hours High: $ 40.79
Percent Increase at High: 2.49%
After Hours Most Recent Price: $ 40.66
Percent Increase at Most Recent Price: 2.16%
Sector: Financial
Days to Cover: 3.0
Short %: 6.26 %
% Held by Insiders: 0.51 %
% Held by Institutions: 89.00 %
50 Day Moving Average: $43.77
200 Day Moving Average: $38.70


The middle band at $41.60 could come into play as a possible resistance point or high tomorrow since the stock has had a hard time breaking that 20-day SMA recently. If there is a strong surge tomorrow above that level then I would be worried for an event like today with FSLR.

Advance America, Cash Advance Centers Inc. (AEA)
Closing Price: $14.27
After Hours High: $ 14.74
Percent Increase at High: 3.29%
After Hours Most Recent Price: $ 14.70
Percent Increase at Most Recent Price: 3.01%
Sector: Financial
Days to Cover: 8.8
Short %: 5.92 %
% Held by Insiders: 47.27 %
% Held by Institutions: 29.40 %
50 Day Moving Average: $14.22
200 Day Moving Average: $14.87

AEA approached the top band after hours but didn't quite make it. Given the price compared to CSH and price position within the bollinger bands AEA looks like it had better short potential at the high $14 level. The 200 day moving average may also present some resistance a little lower then the top band at $14.87, so I would be surprised if it breaks $15 tomorrow. If it does break that level with an upbeat looking market I would stay away to avoid a situation like FSLR today.

Cramer's 3rd installment of the "pick from the rubble" segment looked at Chemed Corp. (CHE)

Closing Price: $46.05
After Hours High: $ 47.05
Percent Increase at High: 2.17%
After Hours Most Recent Price: $ 47.05
Percent Increase at Most Recent Price: 2.17%
Sector: Healthcare
Days to Cover: 6.4
Short %: 6.18 %
% Held by Insiders: 5.91 %
% Held by Institutions: 83.20 %
50 Day Moving Average: $38.72
200 Day Moving Average: $40.66

CHE before the after hours movement was showing overbought signs with an RSI over 70 (but of course this is only 1 technical indicator and doesn't mean that the stock will go down). There is of course room to the upper band which is at $51.53, and stocks with similar charts (above the middle band but below the top) have performed pretty well lately. The stock was up big after its earnings announcement and has been slowing declining ever since. The low average volume would imply that it is not a well known company and this Cramer exposure may help it some but it looks like people are slowly taking profits as the stock hasn't continued to climb after the big spike.