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PLAY >New Drops Sunday,March 04, 2001
New Split Drops   New Candidate Drops   New Momentum Drops
(We update our stop losses daily at the CURRENT PLAYS page.)

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.


Picked on February 27th @ $46.49
Profit/Loss -2.49 (5%) (Stopped out Friday @ $44.00)
Best Profit +0.44 (0%)
 
Interactive Chart Quote News First Call on BJ
 


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.


Picked on February 12th @ $46.15
Profit/Loss = -4.65 (-10%) (Stopped out Friday @ $41.50)
Best Profit = +1.59 (+3%)
 
Interactive Chart Quote News First Call on BVF
 

Drops Index

 


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