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The Play Of The Day
July 13, 2000
08:45 am est.
Today's Play of The Day is: Ventro Corp (NASDAQ:VNTR)
Ventro Corporation is pioneering the new B2B e-commerce economy by building and operating companies that transform the supply chain in businesses around the world. Ventro operating companies allow suppliers, buyers and enterprises to streamline business processes, enhance productivity and reduce costs. visit Ventro at http://www.ventro.com.
Ventro (NASDAQ:VNTR), is a lessor known B2B play that can run up big. It has a 52 week high of 243.00 It also will get a nice pop as it is currentlty of ARBA numbers. I like CMRC and EXDS as well as PPRO off
ARBA but this stock may see a lot of investors get to know just how good it is today. It could break free and it should hold 20.00!
KEY INDICATORS: VNTR
Buy Area: 21.25-22.00
Sell Stop: 19.50
*1-3 DAY TARGET: 26.50-27.00
5-10 DAY TARGET: 35.00-37.00
52 week high= 243.00!
Type of Trade: Swing
* New TRADING SYSTEM TARGET!
BONUS PLAY # 1 Emulex Corporation (NasdaqNM: EMLX)
Emulex Corporation is a designer, developer, and supplier of a broad line of fibre channel host adapters, hubs, ASICs and software products that enhance access to, and storage of, electronic data and applications. The Company's products, which are based on internally developed ASIC technology and are deployable across a variety of heterogeneous network configurations and operating systems, support increasing volumes of stored data. The Company is also a supplier of some traditional networking products that include printer servers and network access products. Emulex sells its products worldwide to OEMs and end users, as well as through other distribution channels including value-added resellers, systems integrators, industrial distributors and resellers.
Stock Fans, I love the chart--what can I say? We have played this before for nice profits. The timing indicators look solid for a pop.
KEY INDICATORS: EMLX
Buy Area: $60.13 to $62.63
Stop: $59.76
TARGET: $67.25
Time Frame: 2 to 4 days
Type of Trade: Swing Trade
BONUS PLAY # 2 Silicon Storage Technology, Inc. (NasdaqNM: SSTI)
Silicon Storage Technology, Inc. is a supplier of flash memory semiconductor devices for the digital consumer, networking, wireless communication and Internet computing markets. Flash memory is nonvolatile memory that does not lose data when the power source is removed and is capable of electrically erasing selected blocks of data. The Company offers over 40 products based on its SuperFlash design and manufacturing process technology. The Company also offers mass storage products that are used for storing images, music and other data in devices such as digital cameras and MP3 players. The Company licenses its SuperFlash technology to leading semiconductor companies including Analog Devices, ATMI, IBM, ISD, Motorola, Samsung, Sanyo, Seiko-Epson and TSMC to embed in semiconductor devices that integrate flash memory with other functions on a single chip.
Stock Fans, this is a hot sector and Im playing the bounce.
KEY INDICATORS: SSTI
Buy Area: $84.00 to $ 84.75
Stop: $81.36
TARGET: $91.53
Time Frame: 2 to 5 days
Type of Trade: Swing Trade
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Hes BBAAAAACKKKK!!!!
PRO TRADER SAGO'S BONUS PLAY'S:
BONUS PLAY #2 Keithley Instruments, Inc (NYSE: KEI)
Keithley Instruments, Inc. develops, manufactures, and sells measurement systems geared to the specialized needs of electronics manufacturers for high-performance production testing, process monitoring, product development and research. The Company's primary products are computer-based systems or computer technology for control, data storage, display or analysis purposes. Its offerings include digital multimeters, sensitive instruments, switching instruments, plug-in boards, automated parametric test systems, capacitance versus voltage systems, and third party products.
Stock Fans, this sector is on fire and Keithley is leading the pack. Keithley is growing earnings and sales at a very fast clip. It has a PE of 96. Keithley is scheduled to report earnings on 7/20/00. I am looking to get a position for the earnings run. The timing indicators say this is our entry.
KEY INDICATORS: KEI
Buy Area: $83.75 to $84.50
Stop: $78.105
TARGET: $90.77 to $94.99
Time Frame: 3 to 7 days
Type of Trade: Swing Trade
Daytrade for $1.00 - $2.00 point scalps. Avg. daily price range $9.27
BONUS PLAY # 3 Chesapeake Energy Corporation (NYSE: CHK)
Chesapeake Energy Corporation is an independent oil and gas company
engaged in the development, exploration, acquisition and production of
onshore natural gas and oil reserves in the United States and Canada.
Chesapeake owns interests in approximately 4,700 producing oil and gas
wells concentrated in three primary operating areas: the mid-continent
region of Oklahoma, western Arkansas, southwestern Kansas and the Texas
Panhandle; the Gulf Coast region consisting primarily of the Austin Chalk Trend in Texas and Louisiana and the Tuscaloosa Trend in Louisiana; and the Helmet area of northeastern British Columbia. During 1999, the Company produced 133.5 Bcfe (billion cubic feet equivalent), making Chesapeake one of the 15 largest public independent oil and gas producers in the United States.
Stock Fans, we played this one for a nice gain. This is not a fast moving Internet stock. But if you look at the chart it is up over 50% since I called it on 5/9/00. Chesapeake Energy reports on 7/27 and estimates for 2000 are for an increase in earnings of 519%. The Oil and Gas Drilling sector are continually in the top groups. Chesapeake Energy Corporation has a nice track record of record earnings. Last 4 quarters with the most recent first +171%, +103%, +263%, +150%. Relative strength is 95 and has an Accumulation rating of "A". Buying the stochastic dip.
KEY INDICATORS: CHK
Buy Area: $6.75 to $7.0625
Stop: $6.50
TARGET: $7.59 to $7.945
Time Frame: 3 to 10 days
Type of Trade: Swing Trade
Daytrade for $.05 - $.10 point scalps. Avg. daily price range $.43
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Yesterday's PLUS -- ALERT EMAIL UPDATE: Efficient Networks (NASDAQ:EFNT)
Stock Fans, EFNT was called at about 83.00 or so yesterday. I called it off a STRONG BUY and BUY rating by 2 key Wall Street Firms.
The Stock I expected to run off the news. However, it had already made a nice move that PLUS members had taken advantage just one day prior. Here is how I am going play this one:
Sell Stop: under 82.00
I will BUY EFNT in size at 78.50 and put a sell stop of 74.00. I will
look for 88.00 to be hit its next level of resistence. So if it loses
82.00 today I sell it. I feel that the Wall Street firms upgrade of the stock means they already own it and want to sell it to novice investors. Then, like AFCI that I called they will buy it back over support and beat out savvy investors waiting for 76.00 to hit its support. I don't think 76.00 is hit and therefore I buy in at 78.50.
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HOT!!!--- SECTOR TO WATCH!!
The Testing Stocks are HOT! These non high profile stocks
make equipment to test products in the telecom and genomics industries.
have been on real rolls of late. The Stocks that I add to my ever growing watch list are as follows:
COHR, KEI (Sago play today!!) NEWP, PKI, TEK, TRMB, WAT
The First installment of LONG YARDAGE! FREE to all PLUS Members! $14.95 a month to PLAY of The Day Members! We will surely have this stock on the radar as some nice longer term holds!
LONG YARDAGE!!! Its HERE! PLUS MEMBERS its included For FREE Play Members that's just one more reason to UPGRADE TO PLUS!
info@bigplaystocks.com 39.95 a month includes ALERT EMAILS & LONG YARDAGE !!!! WOW! a 14.95 a month value is your for FREE!
***LONG YARDAGE*****
---This is SJ and his PRO traders chance to blow away the Streets best Fund Mangers! 25 Stocks held long term and tweaked on a weekly basis! We will make a few changes weekly but not many--- What better trader to do long term plays than an Active Trader that know the oversold game! like ME!
Get in THE GAME "And GO LONG (Yardage) for some BIG LONG TERM GAMES!
We won't be happy unless we do 30%! We will shoot for 50%!!!! And, gladly take more!!!
Its coming SUNDAY, JULY 16, 2000!
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STOCKS ON OUR SCREENS TODAY:
1. GOTO- A nice move came on late 17-18 is next
2. YHOO- Could be tricky 130.75 will bust it out. Trading range 118.93 -121.00 over 119.00 a buy under 119 I short it to 113.00 are if this thing breaks 131 its gone to maybe 150!!!
3. EBAY- 55.00 is big resistence under 51.50 I buy this one. S= 50.00 now
4. CNET- Nice move 33.00 is the June high on this one. I like 32.50 a lot
5. PSFT- It may dip under 20 and see 19, but that bottom 26 is still possible
6. AFCI 53.00 will BR this one. It looks great
7. DIOD- A low volume play that added on nice yesterday we will look for 40-42
8. PWAV- It looked solid and could see 48.00 to 50 soon
9. ARBA S= 111 R= 118.00 BR 120 +
10.LPTH S= 42.8750 R= 49.00 BR = 49.50
11.JDSU - S= 95.00 R= 101 and BR = 104.50 +
12.CLS- Announced a deal last night after the close with JDSU.
13.MOT- Came in line with estimates. 38.00 -40.00 might be inline.
14.EXDS- Next R= 45.00 S= 38.00
15.TRMB (listed in HOT TESTING above all time high yesterday broke out
could easily add on more!
16. EMC- It may bust free!
17. ISLD -43.00 could send this one to 52.00
18. ANCR- Watch this one 44.00 should send it flying
19. BBSW- It breaks 36.50 good bye 48.00
SJ WILL BUY THE BBWS July 35.00 CALLS OPEN INTEREST is 2250!!! wow! I get 5 of these today as 35.00 looks pegged with it under 33.00!
20. PPRO breaks 43.00 it could see 60.00!
21. MSTR- Volume builds may run.
22. MRVC- 69.00 is the spot to look for 72.50
23. RRRR- watch close for 18.00 21 could follow.
24. ACOM- Upgraded could run up nice
25. CMGI - The Ultimate Net Bator WAY oversold! Could see 50 today!
26. DCLK 36.00 is next R.
27. VRTL - It may run interesting volume! an odd fav of mine!
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(S= Support R= Resistance BR= Breakout S= Short T= Target)
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Have a great day!
More to come.........
Stock Jock!
and BigPlayStocks.com TEAM OF PRO TRADERS!
Please email info@bigplaystocks.com
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