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 Drops Sunday, April 22, 2001
New Split Drops   New Candidate Drops   New Momentum Drops
(We update our stop losses daily at the CURRENT PLAYS page.)

New Split Drops

PFGC - Performance Food Group $51.55 (-2.36)

PFGC knocked on the door of a significant breakout all last week. Impatient traders finally tired of waiting for the next move and sold PFGC all day Friday. Granted, we did achieve a decent profit with this play, but we sure would have liked to have seen a strong rally ahead of the split on April 30th. PFGC will likely find support right around its 50-DMA of $49.31.


Picked on March 25th @ $49.50
Profit/Loss +3.00  (6%) (Stopped Friday @ $52.50)
Best Profit +6.03 (12%)
 
Interactive Chart Quote News First Call on PFGC
 

New Candidate Drops

SPW - SPX Corporation $98.29 (+1.98)

SPW hit our trailing stop of $98 on Friday, so we exit here with a small profit. SPW had been coming off a "V" bottom and ran into resistance at its long term down trend line. We may revisit this play again soon, as it is continues to be a good stock to trade off support levels.


Picked on April 12 @ $96.31
Profit/Loss +1.69 (2%) (Stopped Friday @ $98.00)
Best Profit +3.78 (4%)
 
Interactive Chart Quote News First Call on SPW
 

New Momentum Drops

None

Drops Index

 


Copyright 2001 SplitTrader.com

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