Commentary
Sector Watch


Play of the Day
Current Plays
Watch List
New Plays
Play Updates
Drops


Announcements
Current Split Catalog
New Candidates
Candidates Index
Expected Splits
Splits 101


Play Results
Split Predictions


Ask the Trader
Trading 101
Bookstore
Glossary
Dow Charts
FAQ


Splits
SEC Filings
Coming Economic Events
BoD Meetings
Earnings


Chat Room
Message Boards


Email Newsletter
Author Search
Advertise With Us
Change Password
Contact Us

PLAY > New Plays Tuesday, February 13, 2001
New Split Plays   New Candidate Plays   New Momentum Plays
(We update our stop losses daily at the CURRENT PLAYS page.)

New Split Plays

None

New Candidate Plays

PII - Polaris Industries Inc $48.70 +0.83 (+1.54)

Polaris engineers, markets, and manufactures snowmobiles, personal watercraft, all-terrain vehicles, motorcycles and related parts, garments and accessories. On Tuesday, the stock climbed to $49.22, an intra-day high, which beat the previous high recorded earlier this month by two cents. The stock recently beat earnings by five cents, marking the fourth quarter in a row that the company either beat or matched earnings forecasts. Furthermore, the stock has nearly doubled in price over the past year. Currently, PII has 23.7 million shares authorized and 80 million authorized, enough for a 2:1 or a 3:1 split. There are no scheduled meetings for the company, but with the number of authorized shares, a split announcement could be made at any time. Looking at the chart, we see that support is located at the 5-dma at $48.08, the 10-dma at $47.57 and then the 20-dma at $46.26. Resistance is up at $49.22 and the half-century mark. When considering a new play on PII, look for strong volume, 60,000 shares by midday and a move through resistance or a bounce off support as a possible entry point. We will place a stop loss below the last support level at $44.88.


Picked on February 13th at $48.70
Change since picked 0.00
Stop Loss at $44.88
 
Interactive Chart Quote News Zacks on PII
 


New Momentum Plays

None

New Plays Index

 


Copyright 2001 SplitTrader.com

Do not duplicate or redistribute in any form.
Privacy Statement   Disclaimer   Terms Of Service