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stock recommendation, stock investment information
Begin part 3 of 3
THE PLAYS
Good movers: HAL; NTGR; OMCL; SPR
New Plays:
Upside:
Play Date: 05/16/2007
SINA (Sina.com--$36.26; +0.65; optionable): Online media company in China
http://biz.yahoo.com/p/s/sina.html
EARNINGS: Announced 5-14-07
STATUS: Double bottom w/handle. SINA is punching at a 2.5 year high as it shows good volume bumping up against the breakout from its 15 week base. Earnings were out Monday and Tuesday it blasted higher over 38 but gave the move back. It continued the lateral move Wednesday, still setting up. Looking for this stronger volume to continue as SINA makes the breakout and makes it stick.
Volume: 1.377M Avg Volume: 929.592K
BUY POINT: $36.75 Volume=1.4M Target=$43.95 Stop=$35.21
POSITION: NOQ IG - Sept. $35c (63 delta) &/or Stock
http://www.investmenthouse.com/cd/sina.html
New buy point on current position:
Play Date: 05/16/2007
NTGR (Netgear--$35.23; +1.48; optionable): Telecom networking
http://biz.yahoo.com/p/n/ntgr.html
EARNINGS: Announced 4-26-07
STATUS: Flying plateau. NTGR gapped higher on earnings to end April, giving us a nice gain on our current position. It has moved laterally for three weeks, waiting for the short term moving averages to catch up with it. Volume jumped Monday and Wednesday as NTGR posted upside gains with a particularly nice volume on the Wednesday gain. Great 14 week cup with handle base set up the breakout, and this first test is where we want to move in once more. A leader even if it is tech.
Volume: 1.17M Avg Volume: 710.923K
BUY POINT: $35.75 Volume=1M Target=$42.95 Stop=$33.33
POSITION: TUD IG - Sept. $35c (61 delta) &/or Stock
http://www.investmenthouse.com/cd/ntgr.html
Downside:
Play Date: 05/16/2007
NYX (NYSE Euronext--$81.52; +1.97; optionable)
http://biz.yahoo.com/p/n/nyx.html
EARNINGS: Announced 4-26-07
STATUS: Put. In a head and shoulders pattern over the past 10 weeks, NYX started a sharp break lower Wednesday after a failed attempt to move back up through the 200 day SMA (84.02) after breaking below that level to start the month. It rebounded Wednesday on lower, below average volume following that strong volume break lower below 80. Looking for it to roll back over and resume the selling. A move to the target lands a 42%ish gain.
Volume: 4.979M Avg Volume: 5.981M
BUY POINT: $80.55 Volume=6M Target=$77.25 Stop=$81.32
POSITION: NYX RP - June $80p (-38 delta)
http://www.investmenthouse.com/cd/nyx.html
Play Date: 05/16/2007
RYAAY (Ryanair regional airlines--$42.37; -0.05; optionable): Regional airlines
http://biz.yahoo.com/p/r/ryaay.html
EARNINGS: 6-5-07
STATUS: Double top. RYAAY had a heck of a flight in late 2006, peaking in February. It made another run higher into late April, reaching the prior highs but volume was a wisp of that at the prior high. It collapsed to start May, falling through the 90 day MA and 50 day EMA. It bounced off 40 and made it back to the 10 day EMA (42.85). It gapped lower Wednesday but recovered on strong volume, tapping the 10 day EMA on the high. Looking for it to roll back over and follow the money flow lower. A move to the target lands a 40%ish gain.
Volume: 1.753M Avg Volume: 797.868K
BUY POINT: $42.07 Volume=100K Target=$40.05 Stop=$42.94
POSITION: QRX RV - June $42.50p (-40 delta)
http://www.investmenthouse.com/cd/ryaay.html
Looking very good:
Play Date: 05/15/2007
TIE (Titanium Metals--$37.62; -0.49; optionable): Industrial metals
http://biz.yahoo.com/p/t/tie.html
EARNINGS: 5-7-07
STATUS: Double bottom. Continuing the test, tapping the 10 day EMA (37.03) on the Wednesday low and rebounding to cut the losses. Low, below average volume. Nice test of the 'hump' in the pattern and it now looks ready to show the breakout. To recap: TIE is showing some good upside volume the past week as it broke higher from a 12 week double bottom that looks to be the tail end of a larger 13 month cup base. Some explosive moves as it cleared the 'hump' at 37.65; nice price and nice volume moves. It spent Monday and Tuesday testing back and on lower volume. May have some more to come back (a hump test?) before it is ready to continue, forming something of a handle to the double bottom, but the moves upside were explosive so we want to be ready to get into some titanium.
Volume: 1.987M Avg Volume: 2.448M
BUY POINT: $38.55 Volume=3.2M Target=$46.38 Stop=$36.11
POSITION: TIE IG - Sept. $35c (68 delta) &/or Stock
http://www.investmenthouse.com/cd/tie.html
Good Investing!
Jon L. Johnson and The Daily 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 recommendation
stock investment information
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