stock split, stock recommendation

Begin part 3 of 3

THE PLAYS:

Good movers: MA; TRMB; WFR; TEK

New Plays:

New Pre-Announcement Plays:

Play Date: 01/17/2007
GILD (Gilead Sciences--$66.39; +0.04; optionable): Biotechnology
http://biz.yahoo.com/p/g/gild.html
STATUS: Double bottom. GILD has made a short double bottom off the 200 day SMA (62.60) the past month, and is now working laterally this week, using the 50 day EMA (65.88) as support on the lows. Working on a handle, the point where it shakes out some sellers and can then break higher. Volume was up Wednesday as it tapped the 50 day on the low and rebounded. Looking for more volume as it breaks higher.
Volume: 4.611M Avg Volume: 3.622M
BUY POINT: $66.72 Volume=5.4M Target=$76.75 Stop=$65.11
POSITION: GDQ EM - May $65c (63 delta) &/or Stock
http://www.investmenthouse.com/cs/gild.html

Downside:

Play Date: 01/17/2007
SFD (Smithfield Foods--$24.80; -0.40; optionable): Pork
http://biz.yahoo.com/p/s/sfd.html
STATUS: PUT. SFD is running like a stuck pig. It peaked in September and has been wallowing ever since. It failed at the 50 day EMA in December and has been fading down the 18 day EMA since. It rallied to that level last week and then failed, starting to roll over for the next leg lower. Ready to move in as it continues downside, following the money lower. Hogs eat mostly corn as their feedstock, and with all of this gas about ethanol, an ear of corn doesn't fatten a hog fast enough. A move to the target lands a 44%ish gain.
Volume: 1.332M Avg Volume: 989.224K
BUY POINT: $28.78 Volume=1.4M Target=$27.75 Stop=$25.05
POSITION: SFD PE - Apr. $30p (-44 delta)
http://www.investmenthouse.com/cs/sfd.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 split
stock recommendation