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Long Play Updates

Knightsbridge Tankers - VLCCF - cls: 41.75 chg: -0.25 stop: 37.90

No change from our previous update on 04/19/05.

Picked on April 19 at $40.31
Change since picked: + 1.44
Earnings Date 05/05/05 (unconfirmed)
Average Daily Volume: 366 thousand
 

Short Play Updates

BEA Systems - BEAS - close: 7.15 chg: -0.12 stop: 8.04

No change from our previous update on 04/19/05. Our target remains the $7.00 level.

Picked on April 15 at $ 7.68
Change since picked: - 0.53
Earnings Date 05/18/05 (unconfirmed)
Average Daily Volume: 7.6 million

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Boston Scientific - BSX - cls: 28.75 chg: -0.30 stop: 31.51

We are encouraged by BSX's relative weakness today after Banc of American reiterated their "buy" rating. No change from our previous update on 04/19/05. Our target is the $25.00-24.00 range.

Picked on April 19 at $29.05
Change since picked: - 0.30
Earnings Date 04/19/05 (confirmed)
Average Daily Volume: 5.4 million

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Anheuser Busch - BUD - close: 45.10 chg: -0.17 stop: 47.01

No change from our previous update on 04/19/05. Our target is the $44.00-43.00 range.

Picked on February 7 at $48.32
Gain since picked: - 3.22
Earnings Date 04/27/05 (confirmed)
Average Daily Volume: 2.4 million

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Flextronics - FLEX - close: 10.74 chg: -0.03 stop: 11.76

Good news. FLEX failed to breakout over the $11.00 level. No change from our previous updates on 04/19/05 and 04/17/05. Our target is the $10.25-10.00 range.

Picked on March 16 at $11.95
Change since picked: - 1.21
Earnings Date 04/28/05 (confirmed)
Average Daily Volume: 5.5 million

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Greenbrier Co - GBX - close: 31.78 chg: -0.17 stop: 34.49

No change from previous update on 04/17/05. Our target is the $30.00-28.00 range.

Picked on April 11 at $33.20
Change since picked: - 1.42
Earnings Date 03/30/05 (confirmed)
Average Daily Volume: 123 thousand

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Lowes Companies - LOW - cls: 51.50 change: -1.10 stop: 54.01*new*

LOW hit a new relative low on Wednesday. The stock is nearing our target range of $51.00-50.00. Traders can prepare to exit. We are lowering the stop loss to $54.01.

Picked on April 10 at $54.81
Change since picked: - 3.31
Earnings Date 05/16/05 (unconfirmed)
Average Daily Volume: 3.0 million

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Sina Corp - SINA - close: 27.21 chg: -0.73 stop: 30.51

Good news! SINA posted a bearish reversal at the simple 10 and 200-dma's today. Shares also produced a bearish engulfing candlestick pattern. Readers can use this as a new bearish entry point. No other changes from our previous update on 04/19/05 and 04/17/05. Our target is the $25.00 level.

Picked on April 13 at $28.52
Change since picked: - 1.31
Earnings Date 05/05/05 (confirmed)
Average Daily Volume: 3.5 million

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Westlake Chem. - WLK - close: 27.09 chg: -1.38 stop: 30.01*new*

Good news. WLK continues to consolidate lower in a narrow channel. Shares look poised to make a run toward our target at the $25.50-25.00 range. We are lowering our stop loss to $30.01.

Picked on April 08 at $29.19
Change since picked: - 2.10
Earnings Date 05/04/05 (confirmed)
Average Daily Volume: 207 thousand

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West Marine - WMAR - close: 20.03 chg: -0.25 stop: 21.01

No change from previous update on 04/17/05. WMAR looks poised to breakdown under the $20.00 level. Take note! WMAR just issued a press release to report earnings on April 28th. We will be exiting before their report.

Picked on March 17 at $21.20
Change since picked: - 1.15
Earnings Date 04/28/05 (confirmed)
Average Daily Volume: 155 thousand

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XM Satellite Radio - XMSR - cls: 26.82 chg: -0.72 stop: 30.26

No change from previous update on 04/17/05. Our target is the $26.00-25.00 range.

Picked on April 10 at $30.67
Change since picked: - 3.85
Earnings Date 04/27/05 (confirmed)
Average Daily Volume: 5.2 million
 

Closed Long Plays

None

Closed Short Plays

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