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08/25/2009 Mid-Day Breakouts Report
Tuesday, August 25, 2009 / CANSLIM.net
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Dow 9,597.71 +88.43 (+0.93%) | Nasdaq 2,036.27 +18.29 (+0.91%) | S&P 500 1,035.21 +9.64 (+0.94%)

ABOUT THIS REPORT
Time of Screening : 12:03PM
Price is: Above 52W High and Less Than 52W High but within 5%
Volume Is: At least 57.5% 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".

The following icons denote links to : Daily Graphs Online Daily Graphs Online Stock Checkup IBD Stock Checkup IBD Charts IBD Charts

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
ARO
NYSE
Aeropostale Inc
RETAIL - Apparel Stores
$40.67 +$1.16 $41.10 -1.05% 1947238 3005600 64.79% $38.84 $40.78
Y - Trading near its "max buy" level now, this high-ranked leader in the Retail - Clothing/shoe group gapped up and hit a new all-time high on 8/21/09, rising from a flat base pattern triggering a technical buy signal. It was featured in yellow with new pivot point and max buy levels noted in the 8/21/09 Mid-Day BreakOuts Report (read here). It has a good annual earnings history (the A criteria), and the 2 latest quarterly comparisons showed +81% and +84% earnings increases, well above the investment system's +25% guideline.
>>> The latest Featured Stock Update appearance was 8/21/2009. For in-depth analysis and an annotated graph, click here.

View all notes | Alert me of new notes | CANSLIM.net Company Profile

PEGA
NASDAQ
Pegasystems Inc
COMPUTER SOFTWARE & SERVICES - Business Software & Services
$32.81 +$0.40 $33.14 -1.00% 347587 342700 101.43% $27.49 $28.86
G - Perched at all-time highs after a big gap up on 8/24/09 for a considerable 5th consecutive gain on ever-increasing volume since holding ground above its 50 DMA line. Color code was changed to green based on its distance above its latest pivot point.
>>> The latest Featured Stock Update appearance was 8/24/2009. 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
WCRX
NASDAQ
Warner Chilcott Plc
DRUGS - Drug Manufacturers - Other
$22.32 +$1.91 $21.70 +2.86% 4229280 1372100 308.23%

Gapped up today following the prior session's big gap up gain after announcing a deal to buy Procter & Gamble Co's prescription drug business for $3.1 Billion (read here). Three of its four latest quarters showed better than +25% earnings increases over the year ago period, however its sales revenues growth has been sub par.


View All Notes for WCRX
TTM
NYSE
Tata Motors Ltd Ads
AUTOMOTIVE - Auto Manufacturers - Major
$12.25 +$0.38 $12.00 +2.08% 1161987 1435500 80.95%
This India-based maker of automobiles has a steady annual earnings history (the A criteria), however earnings in the 3 latest quarterly comparisons have been under the +25% guideline, and Street earnings estimates for FY '09 & '10 are actually negative. A world of overhead supply exists, yet it has rebounded remarkably from its March lows near $3.
View All Notes for TTM
STEC
NASDAQ
Simple Technology Inc
COMPUTER HARDWARE - Data Storage Devices
$39.72 +$1.81 $38.46 +3.28% 2334029 3164900 73.75%
Hit another new 52-week high today with above average volume behind its latest gains. Recently completed an additional share offering while consolidating above its 50 DMA line. It is extended from its 200-day moving average line by +200% after its considerable rally from February lows under $4.00 to the $36 range. Fundamentally, STEC's up and down annual earnings history raises concerns with respect to the A criteria of the investment system.
View All Notes for STEC
NEU
NYSE
Newmarket Corp
CHEMICALS - Specialty Chemicals
$87.27 +$3.73 $83.83 +4.10% 217886 170700 127.64%
Adding to the prior session's technical breakout today with a 6th consecutive gain on higher volume for a new 52-week high. Sales revenues have been below year-ago numbers in the 2 latest quarters, yet it has shown strong quarterly earnings increases in the most recent quarters and it has a solid annual earnings (the A criteria) history.
View All Notes for NEU
MED
AMEX
Medifast Inc
SPECIALTY RETAIL - Specialty Retail, Other
$18.88 +$1.11 $18.13 +4.11% 508360 643200 79.04%
Hit another new 52-week high today, very extended from any no sound base. Its 50 DMA line served as a key support level during a sharp pullback in June. Recent quarterly sales and earnings increases (the C criteria) have shown strong acceleration, yet its up and down annual earnings history (the A criteria) is a fundamental concern.
View All Notes for MED
CS
NYSE
Credit Suisse Group
FINANCIAL SERVICES - Diversified Investments
$52.05 +$0.43 $52.74 -1.31% 669504 1074800 62.29%

Sales and earnings history below guidelines.


View All Notes for CS
BAMM
NASDAQ
Books-A-Million Inc
SPECIALTY RETAIL - Specialty Retail, Other
$13.81 +$0.95 $13.69 +0.88% 142800 113300 126.04%
Hit another new 52-week high today after a big gap up gain on 8/24/09. Sales and earnings history below guidelines.
View All Notes for BAMM
GFA
NYSE
Gafisa S A Ads
MATERIALS &; CONSTRUCTION - Residential Construction
$30.95 +$0.01 $32.31 -4.21% 458407 660000 69.46%
Based on weak technical action it was dropped from the Featured Stocks list on 6/19/08 and it subsequently fell from $35 to $5 before the year's end. It has rebounded impressively, however its quarterly earnings history is now below guidelines.
View All Notes for GFA
TLVT
NASDAQ
Telvent Git S A
COMPUTER SOFTWARE & SERVICES - Information Technology Service
$25.60 +$0.06 $25.88 -1.06% 25230 31900 79.09%

Trading in a tight range near its 52-week high, stalled since its breakout on 8/12/09 was recently noted. It has a good annual earnings (the A criteria) history, however its quarterly sales revenues and earnings increases have been below guidelines.


View All Notes for TLVT
SXCI
NASDAQ
S X C Health Solution
COMPUTER SOFTWARE & SERVICES - Healthcare Information Service
$43.81 +$0.41 $43.66 +0.34% 264494 265100 99.77%
Steadily wedging higher since its 8/06/09 "breakaway gap" to multi-year highs with a considerable gain on very heavy volume. A prior appearance (7/15/09) in this mid-day report included this note - "gain on above average volume, rising from a flat base-on-base type pattern during which it found support above its 50 DMA line. Recently reported another quarter of huge sales and earnings increases, helped by acquisitions rather than organic growth. Its up and down annual earnings history (the A criteria) is a concern. "
View All Notes for SXCI
LL
NYSE
Lumber Liquidators Inc
RETAIL - Home Improvement Stores
$22.11 +$0.06 $22.70 -2.59% 319791 362700 88.17%
Wedging higher since its considerable breakaway gap on 8/05/09 helped it clear stubborn resistance in the $17 area. Quarterly sales and earnings growth rates have previously been noted as below the investment system's guidelines.
View All Notes for LL
SMED
NASDAQ
Sharps Compliance Corp
DIVERSIFIED SERVICES - Waste Management
$10.02 +$0.02 $10.27 -2.43% 127341 62500 203.75%
This Pollution Control - Services firm hit a new 52-week high today after a choppy consolidation. Its prior bullish winning streak and gaps up were noted, like on 6/29/09, when it announced that it was added to the Russell Microcap Index (read here). Its 2 latest quarterly comparisons showed big increases in earnings and sales after an erratic history. Its fundamentals are below the investment system's guidelines. Additionally, the system designates that low priced stocks should be avoided.
View All Notes for SMED
FHCO
NASDAQ
Female Health Co
CONSUMER NON-DURABLES - Personal Products
$7.46 +$0.07 $7.50 -0.53% 177479 273500 64.89%
Perched at its 52-week high after trading in a tight range following its 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, below guidelines, and rather minuscule (at $5-7 million or so per quarter).
View All Notes for FHCO
BPSG
NASDAQ
Broadpoint Gleacher Sec
FINANCIAL SERVICES - Investment Brokerage - Nationa
$7.44 +$0.45 $7.07 +5.23% 881603 676700 130.28%
Recent quarters show dramatic sales and earnings increases versus year-ago losses after a history of annual operating losses (poor A criteria). This low priced stock is rising from an orderly base above its 50 DMA line with gains backed by heavier volume. It recently completed a public offering of additional shares.
View All Notes for BPSG
MAIL
NASDAQ
Incredimail Ltd
COMPUTER SOFTWARE & SERVICES - Business Software & Services
$9.97 +$0.74 $9.80 +1.72% 159947 86600 184.70%

The Israel-based developer of email software has rallied impressively from its November '08 lows under $2, approaching multi-year highs in the $9-10 area. There is no sound base. This low priced Computer Software - Education/Entertainment firm has made several other appearances in this mid-day screen in August since it was first noted in the 8/07/09 mid-day report that "recent quarters showed great earnings improvement, but it has an erratic annual earnings (the A criteria) history."


View All Notes for MAIL

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THESE ARE NOT BUY RECOMMENDATIONS!  Comments contained in the body of this report are technical opinions only. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. CANSLIM.net is not an investment advisor, hence it does not endorse or recommend any securities or other investments. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities. All trademarks, service marks and trade names appearing in this report are the property of their respective owners, and are likewise used for identification purposes only.

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