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Wednesday, April 18, 2007

April 18th - DSL BWA

Cramer's first recommendation was Downey Financial Corp. (DSL) (No instant homework for DSL because the income statement doesn't match what my program is looking for and is returning errors)

Closing Price: $66.87
After Hours High: $ 69.45
Percent Increase at High: 3.86%
After Hours Most Recent Price: $ 68.75
Percent Increase at Most Recent Price: 2.81%
Sector: Financial
Days to Cover: 10.4
Short %: 70.19 %
% Held by Insiders: 29.78 %
% Held by Institutions: 67.20 %
50 Day Moving Average: $67.01
200 Day Moving Average: $67.98

Ouch! 70% short interest in the stock, so there could be some short covering considering the stock is now above the 200 day moving average. I'm certainly not going to pile on and short here, assuming one could even find more shares to do so. Also, the stock was up pretty strongly today and higher then average volume.

Cramer's third green play of the week was BorgWarner Inc. (BWA)

Closing Price: $74.88
After Hours High: $ 75.92
Percent Increase at High: 1.39%
After Hours Most Recent Price: $ 75.60
Percent Increase at Most Recent Price: 0.96%
Sector: Consumer Goods
Days to Cover: 4.3
Short %: 4.36 %
% Held by Insiders: 0.19 %
% Held by Institutions: 95.40 %
50 Day Moving Average: $74.68
200 Day Moving Average: $63.24

Another "expensive" pick that is up less than 1% after hours (after things settled down) and thus isn't really a short consideration in my book.

Comments on "April 18th - DSL BWA"

 

Anonymous PENNY STOCK INVESTMENTS said ... (January 11, 2014 10:14 PM) : 

Nice short list.

 

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