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Email Version, Section 2, Thursday 01-20-2005
PremierInvestor.net Newsletter Thursday 01-20-2005
section 2 of 2
Copyright (c) 2005, All rights reserved.
Redistribution in any form is strictly prohibited.
The entire newsletter is best viewed in COURIER 10 for alignment
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In section two:
Stop Loss Adjustments: None
Stock Splits
Announcements: HAFC
Active Trader (Non-tech Stocks)
Closed Bullish plays: PDCO, OSG
Trading Ideas
Value Plays With Bullish Signals
Breakout to Upside (Stocks $5 to $20)
Breakout to Upside (Stocks over $20)
Breakout to Downside (Stocks over $20)
Recently Overbought With Bearish Signals (Stocks over $20)
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Stop Loss Adjustments
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None
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Stock Splits
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HAFC announces a 2-for-1 split
Thursday afternoon right at the closing bell the Hanmi Financial
Corp. (NASDAQ:HAFC) announced that its Board of Directors had
approved a 2-for-1 stock split of its common shares.
The split will take the form of a 100 percent stock dividend
payable on February 15, 2005 to shareholders on record as of
January 31st.
About the company:
Headquartered in Los Angeles, Hanmi Bank, a wholly owned
subsidiary of Hanmi Financial Corporation, provides services to
the multi-ethnic communities of California, with 23 full-service
offices in Los Angeles, Orange, San Francisco, Santa Clara and San
Diego counties. Hanmi Bank specializes in commercial, SBA, trade
finance and consumer lending, and is a recognized community
leader. Hanmi Bank's mission is to provide varied quality products
and premier services to its customers and to maximize shareholder
value. (Source: Company Press Release)
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Active Trader (AT) Non-Tech Stock section
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Closed Plays
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Closed Bullish Plays
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Patterson Companies - PDCO - cls: 45.77 chg: +0.46 stop: 41.85
PDCO continued to buck the weakness in the broader market and
managed to trade to $46.12 on Thursday. That is within our $46-48
target range. More aggressive traders may want to hold on to PDCO
given its strength but expected a potential dip back toward the
$45.50 level before it continues higher. We're going to close the
play now that the target has been achieved.
Picked on December 01 at $42.06
Gain since picked: + 3.71
Earnings Date 11/24/04 (confirmed)
Average Daily Volume: 378 thousand
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Overseas Shipholding - OSG - cls: 51.96 chg: -0.81 stop: 51.75
We warned readers on Tuesday that the failed rally near $56 looked
like bad news and now we've been stopped out. The shipping/oil-
tanker industry was hit pretty hard during the two-day market pull
back and shares of SOG slipped low enough to tag our stop loss at
$51.75.
Picked on January 18 at $55.51
Gain since picked: - 3.55
Earnings Date 02/10/05 (confirmed)
Average Daily Volume: 614 thousand
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Trading Ideas
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This section contains stocks that meet criteria which may make
them of interest to long and short side traders. These are not
recommendations, nor have they been reviewed by PremierInvestor
editors for investment potential. However, each of them has
technical and fundamental characteristics that make them worthy
of further review by traders and investors looking for fresh ideas.
New stocks will appear daily following the market close.
Value Plays With Bullish Signals
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Value Plays With Bullish Signals
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Ticker Company Name Close Change
WM Washington Mutual 42.13 +0.53
STI Suntrust Banks Inc 71.65 +1.28
GDW Golden West Financial 62.98 +0.63
SHW Sherwin-Williams 44.83 +1.41
TMO Thermo Electron 29.80 +1.15
MFE Network Associates 26.29 +0.84
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Breakout to Upside (Stocks $5 to $20)
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TTN Titan Corp 16.48 +1.31
SKX Skechers USA Inc 14.08 +1.02
MIPS MIPS Tech 11.39 +1.34
ABG Asbury Automotive 16.68 +1.37
FORD Forward Industries 6.82 +2.42
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Breakout to Upside (Stocks over $20)
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MAY May Dept Stores 34.19 +2.82
CVC Cablevision Systems 25.46 +1.08
DOX Amdocs Ltd 29.56 +2.71
SPW SPX Corp 41.58 +3.29
COO Cooper Companies 75.20 +1.56
MACR Macromedia Inc 31.65 +5.66
FFIV F5 Networks Inc 50.75 +6.06
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Breakout to Downside (Stocks over $20)
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QCOM Qualcomm Inc 37.78 -3.29
HHH Internet Holders 60.89 -5.33
EBAY Ebay Inc 83.33 -19.72
SNE Sony Corp 37.11 -1.69
COF Capital One Financial 78.64 -3.46
IGT Intl Game Technology 29.96 -3.59
CME Chicago Mercantile Excg 197.25 -7.00
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Recently Overbought With Bearish Signals (Stocks over $20)
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UNH UnitedHealth Group 86.63 -1.65
SLM SLM Corp 51.73 -1.21
PHS Pacificare Health 59.07 -1.35
ATE Advantest Corp 20.74 -0.38
WSO Watsco Inc 34.86 -0.70
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newsletter picks are not to be considered a recommendation
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