|
 |
| PLAY >New Drops |
Sunday,March 04, 2001 |
 |
New Split Drops
None
New Candidate Drops
| BJ - BJ's Wholesale Club $44.90 (+0.20) |
We had planned to exit this play at the close on Monday. Unfortunately, the market did not cooperate. The slam-dunk we saw in the early going on Friday drove BJ below our $44.00 stop. Those of you that were not stopped out can be encouraged by the fact that BJ did manage to close only $0.10 below its high print of the day. An earnings and split anticipation run is still possible if the broader market stabilizes Monday. BJ is scheduled to report its quarterly earnings on Tuesday, before the market opens. Consensus expectations are calling for profits of $0.75 a share.
New Momentum Drops
| BVF - Biovail Corporation $42.00 (-2.17) |
Biovail Corporation continued to slide on Friday following Thursday morning's earnings release. Shares of BVF traded to an intra-day low of $40.95 on heavy volume of 3.78 million shares. We were stopped out at $41.50 so we are dropping BVF from our Current Plays List.
Drops Index
|
|
