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Friday, May 25, 2007

May 25th - DAR

The final 6 DOW stocks that were looked at were PFE, PG, UTX, VZ, WMT, and DIS. (Just for your reference)

Cramer's speculation pick was Darling International Inc. (DAR)

Closing Price: $8.84
After Hours High: $ 9.73
Percent Increase at High: 10.07%
After Hours Most Recent Price: $ 8.87
Percent Increase at Most Recent Price: 0.34%
Sector: Consumer Goods
Days to Cover: 6.4
Short %: 8.88 %
% Held by Insiders: 13.76 %
% Held by Institutions: 80.30 %
50 Day Moving Average: $7.47
200 Day Moving Average: $5.45


The air was taken out the after hours action as Cramer stressed for people to wait for a pullback in the stock, taking the stock down 10% from the after hours run up (ouch!). So with the stock up only 3 cents, and a long weekend for people to ponder this pick I'm not sure we are going to see much action Tuesday. If people do some technical analysis of this over the weekend they will see that it could be a little toppy with an RSI over 70, the MACD looking like it is about to cross over to the downside and near the top band of the bollinger, but not over. If the price does get back up to the after hours high level then a short could be in order, or even over the top band level of $9.21 near the open, but that's a big IF i think.

Comments on "May 25th - DAR"

 

Anonymous PENNY STOCK INVESTMENTS said ... (January 10, 2014 1:02 PM) : 

Excellent program

 

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