Option Investor
Newsletter

Daily Newsletter, Friday, 01/21/2005

HAVING TROUBLE PRINTING?
Printer friendly version

Table of Contents

  1. Market Wrap
  2. New Plays
  3. In Play Updates and Reviews

Market Wrap

Market Wrap


New Plays

SPAN

New Plays
Bullish Plays
Bearish Plays
None
None


Play Updates

In Play Updates and Reviews

Patterson Companies - PDCO - cls: 45.77 chg: +0.46 stop: 41.85

PDCO continued to buck the weakness in the broader market and managed to trade to $46.12 on Thursday. That is within our $46-48 target range. More aggressive traders may want to hold on to PDCO given its strength but expected a potential dip back toward the $45.50 level before it continues higher. We're going to close the play now that the target has been achieved.

Picked on December 01 at $42.06
Gain since picked: +3.71
Earnings Date: 11/24/04 (confirmed)
Average Daily Volume: 378 thousand

Overseas Shipholding - OSG - cls: 51.96 chg: -0.81 stop: 51.75

We warned readers on Tuesday that the failed rally near $56 looked like bad news and now we've been stopped out. The shipping/oil-tanker industry was hit pretty hard during the two-day market pull back and shares of SOG slipped low enough to tag our stop loss at $51.75.

Picked on January 18 at $55.51
Gain since picked: -3.55
Earnings Date: 02/10/05 (confirmed)
Average Daily Volume: 614 thousand

Advertisement
Trade Smarter Using the latest Insider Trade
Is the CEO selling off? Has a key insider loaded up on shares
before a big price jump?

Find out now. Get your free download of Real Time insider trades: Click HERE!

DISCLAIMER

Option Investor Inc is neither a registered Investment Advisor nor a Broker/Dealer. Readers are advised that all information is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor is it to be construed as a recommendation to buy, hold or sell (short or otherwise) any security. All opinions, analyses and information included herein are based on sources believed to be reliable and written in good faith, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. In addition, we do not necessarily update such opinions, analysis or information. Owners, employees and writers may have long or short positions in the securities that are discussed.

Readers are urged to consult with their own independent financial advisors with respect to any investment. All information contained in this report and website should be independently verified.

To ensure you continue to receive email from Option Investor please add "support@optioninvestor.com"

Option Investor Inc
PO Box 630350
Littleton, CO 80163

E-Mail Format Newsletter Archives