stock split, stock recommendation

Begin part 3 of 3

Full report issues Thurday.

THE PLAYS

New Pre-Announcement:

Play Date: 06/04/2008
AAPL (Apple Computer--$185.19; -0.18; optionable): iPhones, Macs, iPods
http://biz.yahoo.com/p/a/aapl.html
EARNINGS: Third week July
STATUS: Cup w/handle. Working on a 5 week handle to a 5 month base, holding near support at the 18 day EMA (183.55) as it works laterally on low volume. This move is consolidating the April to early May run, and you have to like how AAPL is holding onto its gains. The next generation iPhone is still to come, and that will send it over 200. Looking for a solid upside session on good volume to move into some new positions to take advantage of that move.
Volume: 25.981M Avg Volume: 35.641M
BUY POINT: $188.88 Volume=40M Target=$209.95 Stop=$183.38
POSITION: APV GQ - July $185c (55 delta) &/or Stock
http://www.investmenthouse.com/ci/aapl.html

Post-Split Plays:

Play Date: 06/04/2008
SYMC (Symantec--$21.11; +0.35; optionable): Security software
http://biz.yahoo.com/p/s/symc.html
EARNINGS: 7-30-08
STATUS: Test breakout. Surged in the last week of May as SYMC broke out from an 8 month cup w/handle base. Strong volume on the break higher then lower on the test that fully tested the breakout but held near support at the 18 day EMA. Bounced off that level Wednesday on solid volume. Strong money flow is moving higher and ready to move into positions on SYMC as it continues the breakout move.
Volume: 15.618M Avg Volume: 12.547M
BUY POINT: $21.32 Volume=18M Target=$25.95 Stop=$20.36
POSITION: SYQ JD - Oct. $20c (67 delta) &/or Stock
http://www.investmenthouse.com/cs/symc.html

Leader:

Play Date: 06/04/2008
NETL (Netlogic Microsystems--$39.75; +3.34; optionable): Semiconductors
http://biz.yahoo.com/p/n/netl.html
EARNINGS: Late July
STATUS: Cup w/handle breakout. Strong volume Wednesday as NETL broke higher, clearing the highs in its 9 month base. Excellent action from the consolidation of its strong 2005 to early 2006 run when it was a new issue. Big base the past three years (of which the current pattern is the tail end) has set up a solid foundation to breakout and run to a new all-time high once more.
Volume: 1.967M Avg Volume: 728.989K
BUY POINT: $40.08 Volume=1M Target=$45.95 Stop=$37.66
POSITION: LKT JH - Oct. $40c (58 delta) &/or Stock
http://www.investmenthouse.com/ci/netl.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.

stock split
stock recommendation