|
|
stock trading site, stock trading information
Begin part 3 of 3
THE PLAYS:
Good movers: MSCC; CETV
New Post-Split Play:
Play Date: 09/03/2005
VIP (Vimple Communication--$43.07; +1.72; optionable): Telecom wireless
http://biz.yahoo.com/p/v/vip.html
STATUS: Cup w/handle. VIP started higher again Friday on strong, above average volume, continuing the mid-August breakout from a 8.5 month base. This was the first pullback after the breakout, testing the 10 day EMA (41.28) and then jumping the stock higher. Ready to move in on a further gain from here that shows continuing solid volume.
Volume: 1.449M Avg Volume: 757.867K
BUY POINT: $43.45 Volume=1M Target=$49.65 Stop=$41.55
POSITION: VIP DH - Jan.$40c (69 delta) &/or Stock
http://www.investmenthouse.com/cs/vip.html
New Leader Play:
Play Date: 09/03/2005
MSTR (Microstrategy--$76.07; -0.13; optionable): Business intelligence software
http://biz.yahoo.com/p/m/mstr.html
STATUS: Cup w/handle. Working laterally along the 18 day EMA (75.32) the past four weeks after a huge gap higher in late July on strong earnings. You could call that the breakout, but given the pattern this is setting up as the good shakeout that a handle gives you to set up the next break and run higher. Excellent 9 to 5 accumulation in the base (9 up weeks on price volume to 5 down price weeks on rising volume) shows plenty of buying in the base. Very low volume the past three weeks shows quiet accumulation. There is often a quiet before the storm in these lateral moves.
Volume: 178.158K Avg Volume: 535.183K
BUY POINT: $77.65 Volume=803K Target=$89.95 Stop=$75.18
POSITION: EQU AP - Jan.$80c (50 delta) &/or Stock
http://www.investmenthouse.com/cs/mstr.html
New Downside Play:
Play Date: 09/03/2005
USTR (United Stationers--$46; -0.59; optionable): Wholesale business products
http://biz.yahoo.com/p/u/ustr.html
STATUS: Put. USTR broke higher in early July, a nice breakout from a 7 month double bottom with handle base. It could not extend the move, however, and after 4 weeks it tumbled lower, breaking through the 200 day SMA (46.65) on huge volume. It has tried to recover over the past three weeks, but it is in trouble. Friday it turned down from the 200 day again, this time on even stronger volume. Money flow is diving ahead of price and it just took a nasty turn lower. Looking to move in on a further drop from here. A move to the target lands us a 42%ish gain.
Volume: 513.209K Avg Volume: 164.106K
BUY POINT: $46.91 Volume=170K Target=$45.05 Stop=$46.75
POSITION: QTR VI - Oct.$45p (-28 delta)
http://www.investmenthouse.com/cs/ustr.html
PRE-ANNOUNCEMENT PLAYS
Current Pre-Announcement Plays: This is a list of stocks we are looking to announce splits. We are not in all of the potential splits plays but are letting them set up for the next move. In each report we look at the candidates that are in the best patterns ahead of their potential announcements. This focus on leaders in good patterns allows us to make good money even if companies do not announce the split. The key with splits is the pattern.
Dates: We are in the process of pinpointing dates for several of these leaders. As we glena more information we will include more specific dates, but with many, the pattern is good and we want to move in when they show us it is time to buy. That way we can enjoy a nice gain even as the stock sets up for the eventual announcement.
AMHC: Forecast 9-19-05 after the close.
ANSI: Tentatively forecast 10-27-05
APA: Forecast 9-9-05. Still a buy on an above average volume (2.5M average) move over 71.35.
CETV: Tentatively forecast in mid-October.
DNA: DNA continues its lateral move over the past 6 weeks.
FO: Forecast 10-21-05
GYI: Forecast 10-20-05
IEX: Tentatively forecast 10-20-05
KMG: No announcement in July with earnings; researching to pinpoint the date.
LLL: Tentatively forecast 10-24-05
LM: Did not announce on 7-21-05. Researching next date.
LSS: Wildcard forecast 10-18-05
MRVL: No announcement in July. Researching to pinpoint next date. Nice leader.
RS: Forecast 10-20-05.
USNA: Forecast 10-18-05
WC: No announcement 8-3-05 and researching next date as WC continues its lateral move in a tight range over the 18 day EMA.
WFT: Forecast 10-27-05
WWY: Tentatively set for mid-December.
Full Write-ups: We do not cover all candidates in full in each report, but focus on those ready to make a move or are right at their forecast announcement date. This way we are focused on those stocks ready to make moves.
New Pre-Announcement Plays:
Play Date: 09/03/2005
APC (Anadarko Petroleum--$91.75; -0.57; optionable): Independent oil and gas. Researching to pinpoint an exact date. Tentatively set for early October.
BACKGROUND: Announced its only 2:1 split on 4-21-98 at $72
http://biz.yahoo.com/p/a/apc.html
STATUS: Breakout test. Strong breakout move Wednesday on strong volume as APC cleared an 8 week trading range between 85 and 90. This is actually a consolidation of the mid-July breakout from a 14 week base. Solid 3 to 1 accumulation in the base (3 up price weeks on rising volume to 1 down price weeks on rising volume). Solid accumulation. Looking for a test back to 90 to set up the rebound. May continue higher from here and we want to be ready to take positions as it does.
Volume: 2.021M Avg Volume: 2.007M
BUY POINT: $92.35 Volume=2.4M Target=$102.95 Stop=$89.65
POSITION: APC AR - Jan. $90c (59 delta) &/or Stock
http://www.investmenthouse.com/cs/apc.html
Play Date: 09/03/2005
HAR (Harman Intl.--$100.75; -1.93; optionable): High end electronics. Forecast early October.
BACKGROUND: Last announced a 2:1 split on 10/1/03 at $98.40. Prior to that it announced a 2:1 split on 8-16-2000 at 64.
http://biz.yahoo.com/p/h/har.html
STATUS: Test 200 day SMA. HAR is coming to life once more, breaking back above the 200 day SMA in mid-August on strong volume as it reported solid results. It rallied to 110 and then has come back the past two weeks on lower volume to test that move. It spent the last week moving laterally over the 200 day on low volume, setting up the continued move higher. It is working on the right side of a 10 month cup base. Strong money flow is pushing sharply higher ahead of price even on the pullback. After a huge surge that made us great money in 2003 and 2004, HAR is setting back up for the next move. It can rip off real estate in a hurry, and after this test it will be ready to move again.
Volume: 666.4K Avg Volume: 906.753K
BUY POINT: $101.57 Volume=1.2M Target=$114.88 Stop=$98.35
POSITION: HAR AB - Jan. $100c (58 delta) &/or Stock
http://www.investmenthouse.com/cs/har.html
Play Date: 09/03/2005
WFMI (Whole Foods Market--$128.25; -1.42; optionable): Health food stores. Tentatively forecast in early November though WFMI has been reluctant to announce.
BACKGROUND: Two prior splits. A 2:1 on 5-10-01 at $50.40. Prior to that a 2:1 split 11-1.03 at $45.
http://biz.yahoo.com/p/w/wfmi.html
After Hours: $128.23
STATUS: Test 50 day EMA. WFMI exploded higher in late July on some huge earnings, and it put a nice was of cash in the account for us when it did. It has been testing that move the past month, fading back to the 50 day EMA (126.94) on mostly below average volume. That has pretty much filled the gap higher, holding at key support. Strong volume Wednesday and Thursday indicates the stock is coming to life. The strong break higher in July followed a 10 week lateral base. Money flow has turned higher even as WFMI made the test back. Good entry point as WFMI moves off this key support level.
Volume: 790.736K Avg Volume: 984.977K
BUY POINT: $130.65 Volume=1.5M Target=$145 Stop=$127.45
POSITION: FMQ AG - Jan. $135c (51 delta) &/or Stock
http://www.investmenthouse.com/cs/wfmi.html
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.
|
stock trading site
stock trading information
|
