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PLAY >New Drops Thursday, May 24, 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

BMET - Biomet Inc. $45.28 +2.02 (+1.01)

Biomet, Inc. made a nice recovery on Thursday. The stock traded to an all-time high of $45.70 after hitting an intra-day low of $42.80 earlier in the day. Unfortunately, we were stopped out at $43 and we are dropping BMET tonight. 


Picked on May 3rd @ $42.16
Profit/Loss = +0.84 (+2%) (Stopped out Thursday @ $43.00)
Best Profit = +3.49 (+8%)
 
Interactive Chart Quote News First Call on BMET
 

ITG - Investment Technology Group $51.25 -1.26 (-2.64)

ITG succumbed to more selling pressures on Thursday and triggered our stop at $51.40. The fact that ITG failed to breakout on Tuesday probably had something to do with today's sell off. We will continue to monitor ITG for split possibilities and future plays opportunities. 


Picked on May 16th @ $54.52
Profit/Loss = -3.12 (-6%) (Stopped out Thursday @ $51.40)
Best Profit = +2.11 (+4%)
 
Interactive Chart Quote News First Call on ITG
 

New Momentum Drops

LEA - Lear Corporation $35.49 -0.64 (-2.11)

The maker of car parts got into a wreck on Thursday, as shares fell $0.64 on heavy volume of 880,000 shares traded. Momentum has certainly shifted for LEA, as evidenced by the three down days in a row. Today's move lower triggered our stop at $35, so we exit the play with a small loss. 


Picked on April 24th @ $36.20
Profit/Loss = -1.20 (-3%) (Stopped out Thursday @ $35.00)
Best Profit = +2.30 (+6%)
 
Interactive Chart Quote News First Call on LEA
 

Drops Index

  


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