|
|
stock recommendation, stock investment information
Begin part 3 of 3
THE PLAYS
Good movers: ACTG; ANST; HMSY; HNT; MM; ROGM; TRW
New Plays:
Upside:
Play Date: 03/19/2007
ARD (Arena Resources--$46.20; +2.05; optionable): Oil and gas drilling, exploration
http://biz.yahoo.com/p/a/ard.html
EARNINGS: Announced 1-16-07
STATUS: Ascending base. Strong volume Friday and again Monday as ARD surged to start the week, moving toward the breakout from its 4 month base. Making higher and higher lows up the 50 day EMA and a small double bottom of sorts the past four weeks, ARD has set up to for a breakout to a new all-time high. Solid money flow and a solid pattern to send it along its way.
Volume: 275.9K Avg Volume: 259.008K
BUY POINT: $46.82 Volume=389K Target=$55.95 Stop=$44.08
POSITION: ARD GI - July $45c (61 delta) &/or Stock
http://www.investmenthouse.com/ci/ard.html
Play Date: 03/19/2007
CLB (Core Labs--$82.23; +2.12; optionable): Oil and gas service company
http://biz.yahoo.com/p/c/clb.html
EARNINGS: Announced 2-14-07
STATUS: Ascending base. CLB has worked laterally the past two weeks, moving just over the 50 day EMA (80) as it sets up for the next break higher in its 15 week base. Top fundamentals to go along with its pattern. Volume has remained low the past two weeks as it consolidated. Just waiting for volume to rise as it makes its move. That will give us the buy point.
Volume: 163.1K Avg Volume: 305.275K
BUY POINT: $82.96 Volume=450K Target=$92.95 Stop=$79.78
POSITION: CLB FP - June $80c (61 delta)
http://www.investmenthouse.com/ci/clb.html
Play Date: 03/19/2007
CMC (Commercial Metals--$28.90; +1.04; optionable): Steel and iron
http://biz.yahoo.com/p/c/cmc.html
EARNINGS: Announces earnings 3-20-07
STATUS: Ascending base. Strong volume Monday ahead of its earnings Tuesday (it has not set a release time). It bumped right up against the late February high as it moved up; that is the point it needs to clear on strong volume to send it toward a new all-time high.
Volume: 1.415M Avg Volume: 1.201M
BUY POINT: $29.18 Volume=1.8M Target=$34.95 Stop=$27.61
POSITION: CMC FE - June $25c (77 delta) &/or Stock
http://www.investmenthouse.com/ci/cmc.html
Play Date: 03/19/2007
CTCM (CTC Media--$24.55; +0.42; optionable): Russian commercial broadcast television
http://biz.yahoo.com/p/c/ctcm.html
EARNINGS: Announced 2-27-07
STATUS: Double bottom w/handle. Easing back the past three sessions to form the handle to its 4.5 month base. It started this move back as it approached the 'hump' in the pattern at the late January high near 26. Money flow is surging higher ahead of price. A new issue in June 2006, this is CTCM's first really good base, setting it up for a break to a new high.
Volume: 191.87K Avg Volume: 451.455K
BUY POINT: $25.57 Volume=677K Target=$29.95 Stop=$23.81
POSITION: QCJ HD - Aug. $25c (49 delta, low OI) &/or Stock
http://www.investmenthouse.com/ci/ctcm.html
Downside:
Play Date: 03/19/2007
IFF (International Flavors & Fragrances--$46.08; -0.14; optionable): Perfumes, flavors
http://biz.yahoo.com/p/i/iff.html
EARNINGS: Announced 1-30-07
STATUS: Put. IFF formed a broad top from November to now, trying to hold 46 the past three weeks. That is the point where it started the top back in November. No volume as it reached its high in January, and it started to distribute at that point. Volume has run higher the past week as it struggles below the 10 day EMA (46.52); looks like some churn below resistance, but we still need to see it break lower on continued solid trade. A move to the target lands a 55%ish gain.
Volume: 999.5K Avg Volume: 549.485K
BUY POINT: $45.75 Volume=550K Target=$43.72 Stop=$46.41
POSITION: IFF QI - May $45p (-30 delta)
http://www.investmenthouse.com/ci/iff.html
Play Date: 03/19/2007
MHP (McGraw-Hill--$63.43; +0.51; optionable): Publishing
http://biz.yahoo.com/p/m/mhp.html
EARNINGS: Announced 1-25-07
STATUS: Put. MHP formed a triple top from December to February, sporting no volume on the highs, but more volume as it sold back. That spells distribution, i.e. money moving out of the stock. It broke down in late February, and rebounding to 64 where it moved laterally for a couple of weeks. It broke down again just over a week ago with the market, but then fought back to the 10 day EMA. Looks as if it has run out of print at this point. A move to the target lands a 40%ish gain.
Volume: 1.334M Avg Volume: 1.755M
BUY POINT: $63.21 Volume=1.8M Target=$60.85 Stop=$63.88
POSITION: MHP QM - May $65p (-52 delta)
http://www.investmenthouse.com/ci/mhp.html
Good Investing!
Jon L. Johnson and your IH Alerts Team
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 in 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 recommendation
stock investment information
|
