Monthly Cash Machine Newsletter, Thursday, 02/16/2006 07:04:01 PM ET
WATCH LIST UPDATES - MARCH & FEBRUARY
by Steve Gail
HAVING TROUBLE PRINTING?
QLGC removed from MARCH - WATCH LIST with its close above $39.50 at $39.95 today (Thursday). With the removal of QLGC from the MARCH WATCH LIST, we have no issues on our current MARCH - WATCH LIST
MARCH - WATCH LIST ISSUES as of February 16, 2006
NO ISSUES ON MARCH WATCH LIST
FEBRUARY - WATCH LIST UPDATE as of FEBRUARY 16, 2006
XLE - Energy issues bouncing back to $52.54 today it gives us some breathing room going into the final day of February expiration. While XLE remains on our FEBRUARY WATCH LIST - with XLE's close today we are setting with a $1.46 point cushion going into the last day of February expirations.
BSX - Boston Scientific Shares Jumped After CFO Buys Company Stock, This prompted Investors to Follow His Lead. BSX close at $24.58 is over our WATCH list target price of $24.50. Shares of Boston Scientific Corp. rose almost 9 percent Thursday after the medical device maker's top chief financial officer bought almost $4.5 million
worth of his company's stock, prompting investors to follow his lead and drive up the stock's price. This puts BSX on the watch list going into the last date of expiration. We will follow this one closely throughout the day and advise you of any action we need to take, if any during Friday.
WATCH LIST ISSUES as of FEBRUARY 16, 2006
BSX - (added)
We will watch both issues tomorrow, especially keeping an eye on BSX.