Augie, here are some more details on potential core positions as well as some OB's for other stocks for the next six weeks or so.
AAPL -- $16/$18 (that is an OB, AAPL has been relatively strong and may withstand the onslaught better than others. AGM -- OB $25-$27 (if we get to the $35 and it does not breach later next month, that might be a more realistic entry point) BA -- low 30's as an OB, $41 first support, to be watched as a possible entry. CAH -- enter below $65 , $62/3 preferred, with stop loss just under $60. IGT -- $45/$50 as OB, but it may not get much under $55, need to watch late next month. MRK -- enter "well under" $50, it breached $53 as expected and now $51 is support, better strength recently, but still think $51 could be breached. MU -- $16/$17 (OB), $21.5/2 is major support, if it breaches, then the OB could be reached (not as a "core position") POOL -- enter below $29 TYC -- OB $12 (not as a "core position").
COO reentry in the $42/44 area MAXF stop loss for existing position at $5.95, will have to see if it is breached and how for a lower entry. Right now, $6.15-$6.25 could be considered for longer term entries (with the same stop loss) PII SL on existing position at $68.90. If breached it could drop to $60, maybe even more. SFD, I expect $18.85 to be breached and will not reenter until it makes new lows, I would have an OB at $14.15. SKX , best buying area is just above $17.75, if that is breached it could go down to the $13/4 area where it was first bought earlier. WDFC, a disappointment, still a "value" stock, but like TAYD and others, the market does not want to "pay attention to it. It seems to be dead money and I would no longer recommend entry, for value investors, if it gets to the $21/$22 one could expect a bounce back to the $27/$29 area. My stop on it is $24.85.
Other OB's are INVN at $12.75, FSTW at $5.85, AETH at $2.85, MVIS at $7.88, ELON at $11.75, SNDK at $10.85, SSTI at $8.15, AW at $9.15, GTW at $4.44 and in the bio's, IDPH at $36.15, IMCL at $8.88, TARO at $18.22, GENZ at $31.45, DNA at $29.88 (last time I had an OB at $31.11, the stock traded at $30.75, but they never gave me m bid, it happens), BGEN $35.88, AMGN $42.50 and GIVN at $11.
Take into account these are "outrageous bids", it does not means these are targets, but sometimes, one gets those outrageous bids, and so far, most OB's, when "granted" have been fruitful within few weeks of getting them.
Zeev |