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stock split, stock recommendation
Begin part 3 of 3
THE PLAYS:
New Plays:
Pre-Announcement:
Play Date: 05/12/2008
MICC (Millicom Cellular--$119.19; +2.85; optionable): Central and South American, African, Asian mobile telephony
http://biz.yahoo.com/p/m/micc.html
EARNING: 7-22-08
STATUS: Double bottom w/handle. Broke higher to start the month, moving up to the middle of its 6 month base. After that move it slid laterally the past week, waiting for the 10 day EMA (114.63) to rise to meet it and send it higher on its next move. Strong money flow is leading higher and MICC is ready to follow that money higher and to a new high. Very nice.
Volume: 470.147K Avg Volume: 899.189K
BUY POINT: $120.42 Volume=1.3M Target=$143.95 Stop=$115.55
POSITION: CQD GD - July $120c (54 delta) &/or Stock
http://www.investmenthouse.com/ci/micc.html
Post-Split:
New buy point on current position:
Play Date: 05/12/2008
BBD (Banco Bradesco--$23.33; +0.64; optionable): Foreign regional banks
http://biz.yahoo.com/p/b/bbd.html
EARNINGS: Announced 4-29-08
STATUS: Breakout test. Surged higher to end April and begin May, surging up to 24 on the high before testing back to the 18 day EMA (22.52) the past week. Already banked some gain on this puppy, and ready to move in as it bounces back up from this test to continue its breakout run. Have to like that.
Volume: 8.232M Avg Volume: 9.665M
BUY POINT: $23.48 Volume=10M Target=$27.95 Stop=$22.39
POSITION: BBD IX - Sept. $22.50c (62 delta) &/or Stock
http://www.investmenthouse.com/ci/bbd.html
Play Date: 05/12/2008
XRAY (Dentsply--$41.30; +0.54; optionable): Dental instruments
http://biz.yahoo.com/p/x/xray.html
EARNINGS: Announced 5-1-08
STATUS: Double bottom with handle. Gapped higher to start the month on some strong earnings, moving past the middle of the pattern at the early April peak. Nicely formed 4.5 month base with its up and down motion to really shake out the sellers. Nice surge on the earnings, and then a lower volume, full test where it filled the gap. That is out of the way now, and Monday XRAY was surging higher on strong volume, clearing the 200 day SMA (40.73). Money flow is exploding higher ahead of price, dragging price along with it. Looking to move in as XRAY continues this move higher. Plenty of room to run for us and make us some nice green.
Volume: 1.647M Avg Volume: 1.312M
BUY POINT: $41.48 Volume=1.6M Target=$47.95 Stop=$40.22
POSITION: XEQ GH - July $40c (59 delta) &/or Stock
http://www.investmenthouse.com/cs/xray.html
Leader:
Play Date: 05/12/2008
EXM (Excel Maritime Carriers--$50.52; +5.37; optionable): Shipping
http://biz.yahoo.com/p/e/exm.html
EARNINGS: 5-19-08, no time given
STATUS: Double bottom w/handle breakout. Surging on strong volume Monday as EXM breaks over the highs in the handle to its 7 month base. Big volume the past month as EXM moved up to form the last part of its base and then the big Monday volume as it surged higher. Strong break and looking to take some positions as it continues higher, and then add to the position when it tests this breakout move. Very nice base, very strong break higher.
Volume: 3.19M Avg Volume: 1.184M
BUY POINT: $50.78 Volume=1.5M Target=$74.95 Stop=$47.23
POSITION: EXM IJ - Sept. $50c (60 delta) &/or Stock
http://www.investmenthouse.com/ci/exm.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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