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stock split, stock recommendation
Begin Part 2 of 2
THE PLAYS
In each report we prepare full write-ups for those that look ready to move. If the move has been made already we discuss the play in the summary table. The purpose is to focus on the next good movers.
NEW PLAYS:
Play Date: 03/03/2003
PKTR (Packeteer--$9.62; +0.62; optionable): ITS software
http://biz.yahoo.com/p/p/pktr.html
STATUS: Breakout. PKTR is moving out of a 7-week cup base with solid accumulation at 3 up weeks on rising volume to 0 down weeks on rising volume. Excellent money flow and a relative strength breakout as volume shot higher on the Monday buying. A new 52-week high and plenty of room to log us a nice gain.
Volume: 686.124K Avg Volume: 226.818K
BUY POINT: $9.76 Volume=340K Target=$11.88 Stop=$8.92
POSITION: XOU HU - Aug. $7.50c (81 delta, no OI) &/or Stock
http://www.investmenthouse.com/cs/pktr.html
Play Date: 03/03/2003
MVL (Marvel Enterprises--$11.75; +0.57; optionable): Toys and games
http://biz.yahoo.com/p/m/mvl.html
STATUS: Breakout. MVL broke to a 5-year high Monday on a big volume surge. We looked at MVL earlier this year, but it got the dips. It managed to hold on the 50 day MVA (10.21), rallying off that level, but on low volume. Volume finally kicked in Monday, however, as MVL shot higher. After peaking in January MVL moved laterally to consolidate its earlier gains, showing solid accumulation at 3 up weeks on rising volume to 0 down weeks on rising volume. Relative strength breakout along with money supply shooting higher.
Volume: 1.574M Avg Volume: 492.227K
BUY POINT: $11.82 Volume=675K Target=$14.25 Stop=$10.74
POSITION: MVL FB - June $10c (77 delta) and/or Stock
http://www.investmenthouse.com/cs/mvl.html
CONTINUING LEADER PLAYS
Upside:
Play Date: 02/26/2003
SBL (Symbol Technologies--$10.53; -0.05; optionable): Computer peripherals
http://biz.yahoo.com/p/s/sbl.html
STATUS: Testing the breakout. Nice move Friday, and SBL tried to continue the run Monday but turned back to hold flat. Volume was still above average, but backed off. Strong accumulation and money flow and solid accumulation at 3 up weeks on rising volume to 1 down week on rising volume. It took a breather Monday, and we await the next move.
Volume: 2.018M Avg Volume: 1.361M
BUY POINT: New: $10.65 (orig. $10.45). Volume=2M Target=$12.25 Stop=$9.72
POSITION: SBL GB - July $10c (59 delta, low OI) and/or Stock
http://www.investmenthouse.com/cs/sbl.html
PRE-ANNOUNCEMENT PLAYS
Play Date: 02/20/2003
FCN (FTI Consulting--$43.05; +0.05; optionable): Management services. Looking for a split announcement in early May.
http://biz.yahoo.com/p/f/fcn.html
STATUS: Ascending triangle. A very nice test of the 10 day MVA after the breakout tapping that level on the low (42.91). Volume was up, back above average as FCN showed a very nice hammer doji. This is good action, and we are looking for FCN to start back up from here to hold the gains. Strong 6 to 0 accumulation.
Volume: 316K Avg Volume: 237.5K
BUY POINT: $44.05 (orig. $42.96) Volume=400K Target=$48.38 Stop=$40.15
POSITION: FCN FH - June $40c (66 delta, low OI) &/or Stock
http://www.investmenthouse.com/cs/fcn.html
WATCHLIST/ CONTINUING
Stock Date Play Close +/- Pivot Tgt Vol TgtV Stop
AAII 02/25 PreSplt 21.79 +0.07 22.05 25.94 251K 372K 20.51
Buy Not Issued.
AIG 02/20 Put 48.35 -0.94 49.48 46 7.1M 6M 51.25
Buy Not Issued.
ALN 01/18 Test BO 13.11 -0.04 13.41 16.85 600K 450K 12.25
Buy Not Issued.
ALN 11/09 Test BO 13.11 -0.04 7.28 14 600K 200K 12.45
Current.
AMZN 01/09 Test 50 21.81 -0.2 22.72 27.25 4.5M 13M 20.75
Buy Not Issued.
AMZN 10/21 Cup hdl 21.81 -0.2 20.32 24.38 4.5M 10M 20.75
Current.
APOL 02/18 A Wedge 45.45 -0.89 46.25 52.88 1.4M 22M 43.35
Current.
ARRO 02/15 Test 50 40.47 -0.21 42.12 48.42 13K 55K 39.65
Buy Not Issued.
ASKJ 12/26 Cup hdl 6.88 -0.01 2.89 8 1.4M 305K 6.08
Current.
ASL 02/04 Cup hdl 6.55 +0.11 6.65 8.15 348K 700K 6.18
Current.
AVCT 02/13 Test BO 28.53 +0.71 28.45 31.15 774K 725K 26.46
Current.
BCGI 02/22 Cup 12.6 -0.18 13.63 16.35 195K 215K 12.68
Buy Not Hit.
BHE 02/11 Test BO 32.87 -1.97 35.75 41.12 717K 500K 33.25
Buy Not Issued.
BMC 02/19 Cup hdl 18.92 -0.48 19.29 23.15 1.8M 2.5M 18.15
Current.
BRL 01/27 Test 18 77.66 -0.25 77.78 88 478K 875K 72.34
CCU 02/24 Put 35.77 -0.74 35.77 31.75 3.2M 4.8M 37.15
Buy Not Issued.
CECO 02/15 Cup hdl 46.61 +0.11 48.07 54 560K 1.4M 45.74
Buy Not Hit.
CGNX 02/04 DB hdl 22.28 -0.42 23.09 26.88 487K 525K 21.47
Buy Not Issued.
CKFR 01/28 Cup hdl 21.16 +0.18 20.85 25 1.4M 2M 18.94
Buy Not Hit.
COH 02/25 Flat 35.43 -0.3 35.5 41.25 1.3M 1.3M 33.02
Current.
COO 02/22 Cup 28.82 -0.23 28.55 32.75 516K 706K 26.55
Buy Not Issued.
CRAY 02/25 BO 8.5 -0.03 8.32 9.97 1.2M 1.1M 7.74
Buy Not Issued.
CVD 12/21 Cup hdl 21.23 -2.32 24.75 29.74 4M 581K 24.25
Current.
CVD 11/05 Test BO 21.23 -2.32 23.65 28 4M 581K 24.88
Current.
DAKT 02/24 Test BO 16.2 -0.04 16.12 19.35 107K 227K 15.45
Current.
DNEX 02/27 BO 32.91 -0.31 33.55 38.58 66K 150K 31.94
Buy Not Issued.
ERES 01/30 Cup hdl 21.65 +0.61 21.55 24.45 308K 436K 20.05
Current.
ESI 02/15 Test BO 26.02 -0.93 27.15 32.12 310K 509K 25.05
Buy Not Issued.
EXC 02/13 Put 49.26 +0.11 49.65 45.55 807K 1.5M 50.85
Buy Not Issued.
EXPD 02/24 Cup 34.28 +0.09 34.25 39.49 667K 1.1M 32.45
Current.
EXPE 02/22 PreSplt 69.3 -0.49 67.97 76.45 2.1M 3M 64.94
Current.
EXPE 11/30 A Wedge 69.3 -0.49 78.25 88 2.1M 3.2M 64.94
Current.
FBC 02/01 Cup hdl 24.32 +0.07 23.85 26.85 98K 199K 22.38
Buy Not Issued.
FBC 01/07 Cup hdl 24.32 +0.07 23.35 26.85 98K 199K 23.74
Current.
FCN 02/20 A Wedge 43.05 +0.05 42.96 48.38 316K 400K 40.15
Buy Not Issued.
FE 02/24 Put 29.45 -0.05 29.44 27.03 615K 1.4M 30.46
Buy Not Issued.
FIC 02/22 Test 18 48.95 +0.11 48.78 53.65 562K 550K 46.55
Current.
GG 01/18 A Wedge 10.96 -0.48 13.68 16.45 1.9M 2.9M 12.72
Buy Not Hit.
HAR 03/01 Saucer 63.65 +0.12 63.74 72 475K 435K 59.28
Buy Not Issued.
HPQ 03/01 Put 15.86 +0.01 15.62 13 9.4M 14M 16.32
Buy Not Hit.
ICST 02/27 DB hdl 23.42 -0.44 23.31 27 3.4M 2M 21.68
Buy Not Issued.
IMCL 03/01 Test BO 14.35 +1.02 14.6 16.72 4.6M 2M 12.97
Current.
INSP 02/08 Cup hdl 11.74 +0.14 11.65 13.85 272K 425K 10.85
Current.
JAH 02/25 A Wedge 26.49 -0.32 27.69 32 37K 1.6M 26.15
Buy Not Hit.
JDEC 02/22 Put 11.81 -0.18 11.6 9 694K 1.5M 12.18
Buy Not Issued.
LGTO 02/22 A Wedge 5.9 -0.03 6.42 8.25 2.1M 2M 5.88
Buy Not Hit.
LLTC 03/01 BO 29.43 -1.23 31.21 35.12 8.3M 7M 29.03
Buy Not Issued.
MVL 03/03 BO 11.75 +0.57 11.82 14.25 1.6M 675K 10.74
New.
MVL 01/28 BO 11.75 +0.57 11.24 13.48 1.6M 677K 10.45
Buy Not Issued.
MYL 01/22 Test BO 28.18 -0.37 26.57 31.88 1.6M 1.2M 26.88
Current.
PKTR 03/03 BO 9.62 +0.62 9.76 11.88 686K 340K 8.92
New.
PNRA 02/12 Put 26.45 -1.05 27.48 24 794K 1.2M 29
Buy Not Issued.
PRX 02/08 BO 37.22 -0.23 34.65 40.45 610K 435K 34.15
QCOM 12/04 Test 18 34.01 -0.57 40.85 50 12M 18M 37
Current.
QCOM 11/07 Test BO 34.01 -0.57 34.78 42 12M 18M 37
Current.
QLGC 11/07 Test BO 34.9 -0.51 41.4 50 8.1M 25M 39.88
QSII 01/30 BO 24.5 -0.83 24.5 29 55K 55K 24.68
Current.
RHD 11/30 Cup hdl 31.82 +0.82 30.17 25.94 189K 267K 30.25
Current.
RNBO 02/27 DB hdl 8.49 +0.26 8.45 10.25 184K 161K 7.86
Current.
ROL 02/01 PreSplt 31.39 -0.19 29.45 33.75 126K 85K 30.02
SBL 02/26 Test BO 10.53 -0.05 10.45 12.25 2M 2M 9.72
Current.
SSP 03/01 Cup hdl 79.44 -0.66 81.05 90.75 146K 254K 78.74
New.
SYMC 01/09 Test 50 41.95 +1.48 46.3 51 12M 4.1M 45.45
Current.
TTC 02/25 Test BO 68.98 +0.19 68.85 76.55 56K 137K 65.35
Buy Not Issued.
VAR 12/18 Rv H&S 50 -0.55 50.25 58 542K 700K 49.15
Current.
VIA 02/15 Put 37.06 -0.15 37.05 33.85 197K 485K 38.35
Buy Not Issued.
VSEA 02/26 Put 24.96 -0.79 25.65 22 997K 1M 27.15
Buy Not Issued.
WCN 02/22 Put 32.56 -0.72 33.38 30 381K 425K 34.35
Buy Not Issued.
WFR 02/22 Flat 9.01 -0.22 9.35 11.25 108K 217K 8.59
Buy Not Hit.
XTO 03/01 PreSplt 24.8 -0.41 25.55 28.75 1.3M 1.2M 24.33
Buy Not Hit.
ZMH 02/06 DB hdl 43.7 -0.69 42.65 50.88 1.6M 1.6M 43.15
Current.
Good Investing!
Jon L. Johnson and the Stock Split Report Staff.
All of the foregoing is commentary for informational purposes only. All statements and expressions are the opinion of Online Investment Services, LP or its paid consultants and are not meant to be a solicitation or recommendation to buy, sell, or hold securities. We are not licensed or registered in the securities industry. The information presented herein and on our related web site has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. The security portfolio of Partners of Online Investment Services, LP or its paid consultants may, in some instances, include securities mentioned herein and on our web site. Estimates, assumptions and other forward-looking information are subject to the limits of forecasting. Actual future developments may differ materially due to many factors.
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stock split
stock recommendation
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