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stock split, stock recommendation
Begin part 3 of 3
THE PLAYS:
Good movers: CHTT; CMI; CVX; DIOD; GME; GMRK; GOOG; GRMN; JEC; LUFK; MTOX; VSEA
New Post-Split Plays:
Play Date: 07/09/2007
CELG (Celgene--$59.04; +0.96; optionable):
http://biz.yahoo.com/p/c/celg.html
After Hours: *
STATUS:
Volume: 5.001M Avg Volume: 4.194M
BUY POINT: $59.78 Volume=5.5M Target=$68.95 Stop=$57.95
POSITION: LQH JL - Oct. $60c (53 delta) &/or Stock
http://www.investmenthouse.com/cs/celg.html
New Pre-Announcement Plays:
Play Date: 07/09/2007
FCN (FTI Consulting--$39.26; +0.64; optionable): Expert consulting services for law firms, etc.
http://biz.yahoo.com/p/f/fcn.html
EARNINGS: Announced 5-1-07
STATUS: Cup w/handle. FCN is perched at an all-time high, setting up this nice 10 week base using the 50 day EMA (36.84) as support on the lows of the pattern. Broke higher to start the month and then after a quick 3-day test to the 10 day EMA, it bounced Monday on rising though below average volume. The move took FCN to a new high, and if it continues on some volume we will be ready to move in. Solid stock with great fundamentals growth rates to go with its strong pattern, and the leader in its sector. A perennial leader.
Volume: 334.7K Avg Volume: 473.45K
BUY POINT: $39.57 Volume=525K Target=$45.50 Stop=$37.55
POSITION: FCN LG - Dec. $35c (54 delta, 546 OI) &/or Stock
http://www.investmenthouse.com/cs/fcn.html
Play Date: 07/09/2007
WFT (Weatherford International--$57.20; +1.06; optionable): Oil and gas service company
http://biz.yahoo.com/p/w/wft.html
EARNINGS: 7-23-07
STATUS: Ascending base. WFT is working higher toward the breakout from its 10 week base that formed making higher lows along the 50 day EMA (54.30) and bumping into peaks in the 57 to 58 range. Indeed, it is back up at 57 and setting up for the breakout. Bigger picture this is working as the handle to a 15 month cup with handle base. Just waiting for WFT to show us the volume as it shows the breakout move.
Volume: 3.769M Avg Volume: 4.432M
BUY POINT: $57.78 Volume=6M Target=$66.50 Stop=$55.45
POSITION: WFT KK - Nov. $55c (64 delta) &/or Stock
http://www.investmenthouse.com/cs/wft.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.
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stock split
stock recommendation
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