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Begin part 3 of 3

THE PLAYS:

New Plays:

New Pre-Split Play:

Play Date: 09/10/2007
NOV (National Oilwell--$130.64; +0.75; optionable): Oil and gas service company. Splits 2:1 on 10-1-07
http://biz.yahoo.com/p/n/nov.html
EARNINGS: Announced 7-25-07
STATUS: Breakout test. Nice volume and price surge to end August and then another to start the month. It is now testing back, tapping the 10 day EMA (127.25) on the low and rebounding to a positive close. Looking to move in as NOV continues this rebound off a test of near support. Strong run January to July and needed this breather. It has it now.
Volume: 3.056M Avg Volume: 3.471M
BUY POINT: $131.08 Volume=3.5M Target=$146.95 Stop=$127.11
POSITION: NOV KF - Nov. $130c (59 delta)
http://www.investmenthouse.com/cs/nov.html

New Post-Split Play:

Play Date: 09/10/2007
FTK (Flotek Industries--$36.02; -0.40; no options): Pumps and flow equipment
http://biz.yahoo.com/p/f/ftk.html
EARNINGS: 8-2-07
STATUS: Breakout test. FTK made us some good money on its last run and now it is testing, holding the 18 day EMA (35.55) the past two sessions. Broke out from a 7 week base on some strong trade the last week of August, and this is its first test. Looking for the bounce higher to move back in.
Volume: 302.9K Avg Volume: 504.277K
BUY POINT: $37.55 Volume=550K Target=$44.95 Stop=$34.92
POSITION: - Stock (no option chain)
http://www.investmenthouse.com/cs/ftk.html

New Pre-Announcement Play:

Play Date: 09/10/2007
ATW (Atwood Oceanics--$77.15; -0.19; optionable): Offshore oil and gas drilling
http://biz.yahoo.com/p/a/atw.html
EARNINGS: Announced 8-7-07
STATUS: Breakout test. Nice rally to end August though no volume on the move. Excellent surge of volume and price to start September. Then it faded the past week. Monday it showed a doji on the candlestick chart and then rebounded to flat. Nice shakeout and looks ready to resume the breakout move.
Volume: 416K Avg Volume: 670.767K
BUY POINT: $77.75 Volume=800K Target=$91.95 Stop=$75.68
POSITION: ATW LO - Dec. $75c (64 delta) &/or Stock
http://www.investmenthouse.com/cs/atw.html

Leader:

Play Date: 09/10/2007
BG (Bunge Ltd.--$95.07; +3.33; optionable): Farm products
http://biz.yahoo.com/p/b/bg.html
EARNINGS: 7-26-07
STATUS: Cup w/handle breakout. Excellent money flow is leading higher as volume jumped as BG broke higher Monday, one of the market leaders moving on very strong trade. Hit a new high and backed off but held the move into the close. Looking for it to continue this move and give us the entry point.
Volume: 1.464M Avg Volume: 1.283M
BUY POINT: $95.42 Volume=1.4M Target=$108.75 Stop=$91.21
POSITION: BG AS - Jan. $95c (53 delta) &/or Stock
http://www.investmenthouse.com/cs/bg.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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