08/05/2009 Mid-Day Breakouts Report

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08/05/2009 Mid-Day Breakouts Report
Wednesday, August 05, 2009 / CANSLIM.net

Dow 9,240.24 -79.95 (-0.86%) | Nasdaq 1,984.67 -29.78 (-1.48%) | S&P 500 997.55 -8.10 (-0.81%)

ABOUT

THIS

REPORT

Time of Screening : 12:33PM
Price is: Above 52W High and Less Than 52W High but within 5%
Volume Is: At least 75% of 50 Day Average at the time of the screening.

At around mid-way through each trading day we run a screen against our database of high-ranked stocks, searching for possible buy candidates that are trading at or near their 52-week high on above average volume. The results of that screen are split into the two sections you see below. The first, titled "TODAY's FEATURED STOCKS" shows stocks that CANSLIM.net's experts have recently identified as among the most strong CANSLIM-based buy candidates to consider. Stocks highlighted in yellow are the most timely and noteworthy, so particular attention and prompt action may be appropriate. The second section, titled "TODAY's BREAKOUT SCREEN" shows the remainder of stocks meeting today's screen parameters. Our experts have reviewed and included notes on these stocks as well, but found that they may not match up as favorably with O'Neil's guidelines in the book "How to Make Money in Stocks".

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Y - Today's better buy candidates highlighted by our staff of experts.

G - Previously featured in this report as yellow and now may no longer be buyable under the guidelines.

TODAY'S

FEATURED

STOCKS

To View Current Notes and Data on Featured Stocks -> Featured Stocks Page

Symb.	Co. Name	Price	Chg.	52 W High	% From High	Vol.	DAV	% of DAV	Pivot Point when featured	Max Buy Price	Resources
PEGA NASDAQ	Pegasystems Inc COMPUTER SOFTWARE & SERVICES - Business Software & Services	$29.76	+$0.47	$29.91	-0.50%	504841	270300	186.77%	$27.49	$28.86	C A N S L I M, StockTalk, News, Chart, SEC, Zacks Reports
G - Trading up with higher volume after a volatile start today following its strong Q2 earnings and raised guidance. Featured in in the 7/29/09 mid-day report (read here) during the course of its considerable gain on heavy volume 3 times its average for a new 52-week high. There were no news headlines to be found as this software firm triggered a technical buy signal by breaking out from a third stage, 8-week "double bottom" type base. The previously noted downturn in annual earnings (the A criteria) from 2003 to 2006 has been followed by a solid turn around and big earnings increases in '07 and '08, and Street expectations for '09 are calling for well above +25% growth. >>> The latest Featured Stock Update appearance was 7/29/2009. For in-depth analysis and an annotated graph, click here. View all notes \| Alert me of new notes \| CANSLIM.net Company Profile

TODAY'S

BREAKOUT

SCREEN

To Perform a Your Own Customized Screen of our Leaders List -> Screening Tool

This second section, titled "TODAY's BREAKOUT SCREEN" shows the remainder of stocks meeting today's screen parameters. Our experts have reviewed and included notes on these stocks as well, but found that they may not match up as favorably with O'Neil's guidelines in the book "How to Make Money in Stocks".

Symb.	Co. Name	Price	Chg.	52 W High	% From High	Vol.	DAV	% of DAV	Resources

ABAX NASDAQ	Abaxis Inc DRUGS - Diagnostic Substances	$27.06	+$0.05	$27.88	-2.94%	315828	255000	123.85%	C A N S L I M, StockTalk, News, Chart, SEC, Zacks Reports
Holding its ground following its big 7/31/09 gap up after reporting, however its fundamentals are sub par. It was dropped from the Featured Stocks list on 2/1/2008 and subesquently fell from $30 to as low as $10.12 before rebounding. View All Notes for ABAX

ACTU NASDAQ	Actuate Corporation COMPUTER SOFTWARE & SERVICES - Application Software	$5.60	+$0.02	$5.60	+0.00%	246594	307400	80.22%	C A N S L I M, StockTalk, News, Chart, SEC, Zacks Reports
Earnings and sales revenues history for this software services firm shows erratic performance and a lack of sales revenue growth -fundamental flaws! Low priced stocks should be avoided unless all criteria are very strong. Technically, it has a fairly bullish chart pattern. View All Notes for ACTU

BGH NYSE	Buckeye Gp Holdings Lp ENERGY - Oil &; Gas Pipelines	$22.91	+$0.18	$23.79	-3.70%	42337	43000	98.46%	C A N S L I M, StockTalk, News, Chart, SEC, Zacks Reports
Sales revenues in recent quarters have been below guidelines and its quarterly earnings history has been erratic. Extended from any recent sound base, and it faces overhead supply. View All Notes for BGH

CFL NYSE	Brinks Home Sec Hldgs Inc DIVERSIFIED SERVICES - Security &; Protection Services	$31.05	-$1.30	$32.42	-4.23%	274868	291400	94.33%	C A N S L I M, StockTalk, News, Chart, SEC, Zacks Reports
Pulling back toward prior chart highs after breaking out on 8/03/09 to a new 52-week high from an 8-week saucer type base. Quarterly earnings increases have been solid, but light sales revenues increases (+6% and +5% over the year earlier for the quarters ended Mar 31, 2009 and Jun 30, 2009) indicate that CFL does not have a hot new (the N criteria) in-demand product or service. Strong since noted on 4/24/09 in the mid-day report after a gap up and new 52-week high, rising from a "cup-with-handle" type base. View All Notes for CFL

CFSG NASDAQ	China Fire & Security Gp MANUFACTURING - Industrial Equipment &; Compone	$17.12	+$0.03	$17.38	-1.50%	173552	185600	93.51%	C A N S L I M, StockTalk, News, Chart, SEC, Zacks Reports
Recently rallying toward its November '08 high, yet pulling back after early gains for a new 52 week high today. Latest quarterly report for the period ended March 31, 2009 showed sales and earnings growth under the +25% minimum guideline after prior quarters were much better. Street estimates for FY '09 are calling for only a +11% increase, raising additional concerns. View All Notes for CFSG

CLW NYSE	Clearwater Paper Corp MANUFACTURING - Packaging & Containers	$43.63	-$1.11	$44.98	-3.00%	126781	140400	90.30%	C A N S L I M, StockTalk, News, Chart, SEC, Zacks Reports
Lack of sales revenues growth and erratic earnings are fundamental concerns. View All Notes for CLW

CTSH NASDAQ	Cognizant Tech Sol Cp A COMPUTER SOFTWARE & SERVICES - Business Software & Services	$34.37	+$0.77	$33.77	+1.78%	4962944	5127200	96.80%	C A N S L I M, StockTalk, News, Chart, SEC, Zacks Reports
Recent quarterly sales revenues and earnings increases have been below or borderline with the investment system's minimum guidelines. It gapped up on 8/04/09 for a new 52-week high, yet it has no recent base and it faces more overhead supply. As of 4/11/07 this stock was dropped from the CANSLIM.net Featured Stocks list. and it subsequently fell from $40+ to $14 before rebounding. View All Notes for CTSH

FHCO NASDAQ	Female Health Co CONSUMER NON-DURABLES - Personal Products	$7.00	+$0.09	$7.07	-1.00%	170762	201700	84.66%	C A N S L I M, StockTalk, News, Chart, SEC, Zacks Reports
Holding its ground near its 52-week high after a 8/03/09 gap up gain on heavy volume. Recent quarters showed big earnings improvements over the year ago period. However, sales revenues increases have been erratic and in total rather minuscule at $5-7 million or so per quarter. View All Notes for FHCO

LCRD NASDAQ	Lasercard Corp COMPUTER HARDWARE - Data Storage Devices	$7.85	-$0.39	$8.24	-4.73%	182760	78700	232.22%	C A N S L I M, StockTalk, News, Chart, SEC, Zacks Reports
The company has a poor annual earnings (the A criteria) history. Recent quarters showed earnings versus losses. No base. View All Notes for LCRD

LIFE NASDAQ	Life Technologies Corporation DRUGS - Biotechnology	$44.88	-$0.88	$47.08	-4.66%	3047788	2584900	117.91%	C A N S L I M, StockTalk, News, Chart, SEC, Zacks Reports
Consolidating in a tight range since its 7/29/09 gap up for a considerable gain. It has been steadily rallying toward multi-year highs. Earnings in 4 of the past 5 quarters showed increases less than +25% guideline, although recent quarterly results showed a huge acceleration in sales revenues growth (increases of +61%, +122% and +126% in Dec '08, Mar & Jun '09, respectively) due to greater demand for its products and services fueled by swine flu. View All Notes for LIFE

LINC NASDAQ	Lincoln Educational Svcs DIVERSIFIED SERVICES - Education &; Training Services	$23.57	+$2.53	$21.78	+8.22%	531350	277600	191.41%	C A N S L I M, StockTalk, News, Chart, SEC, Zacks Reports
A breakaway gap today for a new all-time high following another solid quarterly earnings report. Its 5/06/09 gap up gain helped it leap from support near its 40 week average line, rising with heavy volume. Sales revenues growth has been accelerating and recent quarterly earnings increases have improved nicely. Its annual earnings (the A criteria) history is below guidelines, and its industry group, Commercial Services - Schools, has a Relative Strength rank of 7 which indicates it been lagging, which is a concern with respect to the L criteria. View All Notes for LINC

LL NYSE	Lumber Liquidators Inc RETAIL - Home Improvement Stores	$20.34	+$3.16	$17.67	+15.11%	618727	295500	209.38%	C A N S L I M, StockTalk, News, Chart, SEC, Zacks Reports
Considerable breakaway gap today, clearing stubborn resistance in the $17 area, followed another sub par quarterly report with sales and earnings growth rates below the investment system's guidelines. View All Notes for LL

PAS NYSE	Pepsiamericas Inc FOOD & BEVERAGE - Beverages - Soft Drinks	$28.30	-$0.20	$28.54	-0.84%	356266	470400	75.74%	C A N S L I M, StockTalk, News, Chart, SEC, Zacks Reports
Gapped up on 8/04/09 after holding its ground in a tight range for many weeks since gapping up on 4/20/09 amid a swirl of headlines PepsioCo (PEP) is buying the company and another of its largest bottling operations. Sales of PEP's carbonated soft drinks declined mid-single digits in the first quarter, and prior notes have been published concerning PAS's lackluster earnings and sales history, which came in below the investment system's guidelines. View All Notes for PAS

WMS NYSE	Wms Industries Inc ELECTRONICS - Diversified Electronics	$40.70	-$0.64	$42.09	-3.30%	1338733	1442000	92.84%	C A N S L I M, StockTalk, News, Chart, SEC, Zacks Reports
Holding its ground today after its 8/04/09 gap following earnings news and analyst upgrades. Sales revenues and earnings increases have shown deceleration and were below the +25% guideline for the period ended June 30, 2009. Based on weak technical action it was dropped from the Featured Stocks list on 4/8/2008, and it subsequently fell from $35 to as low as $15 in March '09 before rebounding impressively. View All Notes for WMS

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