Mid-Day Breakouts Report - Monday, February 28th, 2011

<<<Previous Mid Day Report	Next Mid Day Report >>>
<<<Previous After Market Report	Next After Market Report >>>

You are not logged in.
This means you CAN ONLY VIEW reports that were published prior to Sunday, February 25, 2024.
You MUST UPGRADE YOUR MEMBERSHIP if you want to see any current reports.

MIDDAY BREAKOUTS REPORT - MONDAY, FEBRUARY 28TH, 2011
Previous Mid Day Report Next Mid Day Report >>>

DOW 12174.76 44.31 (0.37%) | NASDAQ 2769.67 -11.38 (-0.41%) | S&P 500 1322.79 2.91 (0.22%)

Time of Screening : 2/28/2011 11:39:20 AM Report Released : 2/28/2011 1:34:37 PM
Price is: Above 52W High and Less Than 52W High but within 10% of the 52 Week High
Volume Is: At least 75% of 50 Day Average at the time of the screening.
More details about this report...

To View Current Notes and Data on currently Featured Stocks go to the latest
Featured Stocks Page

Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (50 DAV)	52 Wk Hi % From Hi	Date Featured	Price Featured	Pivot Point
Symbol/Exchange Company Name Industry Group	PRICE	CHANGE (%Change)	Day High	Volume (% DAV) (50 DAV)	52 Wk Hi % From Hi	Date Featured	Price Featured	Max Buy
EBIX - NASDAQ Ebix Inc	$25.70	+1.08 4.39%	$25.77	407,459 90.43% of 50 DAV 50 DAV is 450,600	$28.21 -8.90%	2/28/2011	$25.70	PP = $25.97 MB = $27.27
Most Recent Note - 2/28/2011 12:08:05 PM Y - Today's 4th consecutive gain helped it trade above its January high after a choppy new 6-week flat base. Color code is changed to yellow with new pivot point cited based on its 1/18/11 high plus ten cents. A strong close above its pivot point with at least +50% above average volume may trigger a new technical buy signal. Little resistance remains due to overhead supply. Since dropped from the Featured Stocks list on 11/16/10 the prior resistance previously noted in the $20 area acted as support and its fundamentals have remained strong. >>> The latest Featured Stock Update with an annotated graph appeared on 9/24/2010. Click here.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
JOBS - NASDAQ Fifty One Job Inc Ads	$60.89	+0.66 1.10%	$64.55	195,781 151.18% of 50 DAV 50 DAV is 129,500	$64.55 -5.67%	2/7/2011	$59.23	PP = $61.38 MB = $64.45
Most Recent Note - 2/28/2011 12:28:33 PM Y - Slumped into the red following a gap up today for a new 52-week high after reporting earnings +39% on +38% sales revenues for the quarter ended December 31, 2010 versus the year ago period. Its color code was changed to yellow based on its resilience near its short-term average again last week as it was noted - "A subsequent rally to new highs with above average volume may confirm a new buy signal, meanwhile its recent low ($52.58 on 1/28/11) defines another important support level below its 50 DMA line where violations would raise serious concerns and trigger technical sell signals." >>> The latest Featured Stock Update with an annotated graph appeared on 2/7/2011. Click here.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M

Symbol - Exchange - Industry Group Company Name	Last	Chg	Day High	52 WK Hi	% From Hi	Volume % DAV	DAV
ALLT - NASDAQ - COMPUTER SOFTWARE & SERVICES - Technical & System Software Allot Communications Ltd	$15.70	+0.89 6.01%	$15.81	$15.97	-1.69%	321,570 115.01%	279,600
Most Recent Note for ALLT - 2/28/2011 11:43:00 AM Rising near its 52-week high today after consolidating in a tight range following a recent streak of 8 consecutive gains. Found support well above its 50 DMA line while prior mid-day reports repeatedly noted - "Extended from any sound base after recent volume-driven gains. Recent quarterly comparisons show sales increases in the +33-36% range while it has been reporting earnings versus year ago losses. This low-priced Israeli Computer - Networking firm does not have a good annual earnings history (A criteria)."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
ANEN - NASDAQ - ELECTRONICS - Scientific & Technical Instrum Anaren Inc	$21.25	+0.26 1.24%	$21.32	$22.67	-6.26%	72,896 119.70%	60,900
Most Recent Note for ANEN - 2/28/2011 11:45:23 AM Rebounding above its 50 DMA line now after enduring distributional pressure last week. Last noted in the 1/18/11 mid-day report and earlier reports - "Recent quarterly financial reports show sales and earnings growth improving, but lackluster prior quarters and its up and down annual (A criteria) earnings history fall below the fact-based investment system guidelines. It was noted in the 7/13/09 mid-day report - 'Went through a deep correction after it was dropped from the Featured Stocks list on 10/03/06.'"
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
BGCP - NASDAQ - FINANCIAL SERVICES - Investment Brokerage - Nationa B G C Partners Inc Cl A	$9.67	+0.09 0.94%	$9.92	$9.59	0.83%	434,461 75.11%	578,400
Most Recent Note for BGCP - 2/28/2011 11:51:19 AM Hit another new 52-week high today with its 4th consecutive volume-driven gain. The 2/24/11 mid-day report noted - "Found support and recently rebounded after undercutting its 50 DMA line, then rallied to new 52-week highs with volume-driven gains. Last noted in the 12/10/10 mid-day report - 'Breaking out from a short flat base with above average volume on the prior session. Its latest base was formed above a previously noted 6-month cup shaped base. The 4 latest quarterly comparisons show earnings increases above the +25% guideline, but this Finance - Investment Bankers/Brokers firm's prior quarterly and annual earnings history (A criteria) fall below the investment system guidelines.'"
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
CCIX - NASDAQ - MANUFACTURING - Industrial Electrical Equipmen Coleman Cable Inc	$7.43	+0.08 1.09%	$7.46	$7.93	-6.31%	42,754 97.84%	43,700
Most Recent Note for CCIX - 2/28/2011 11:55:08 AM Recovering toward its 52-week high today. Abruptly slumped below its 200 DMA line after last noted hitting new highs in the 11/01/10 mid-day report - "This low-priced company hailing from the Electrical - Power/Equipment firm group showed sales revenues increases and earnings versus year ago losses in recent comparisons, while its prior earnings history has been below guidelines."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
EVEP - NASDAQ - ENERGY - Oil & Gas Drilling & Explorati E V Energy Partners Lp	$45.77	+0.71 1.58%	$46.25	$46.25	-1.04%	125,471 78.62%	159,600
Most Recent Note for EVEP - 2/28/2011 12:10:42 PM Hitting new 52-week and new all-time highs today. Recently wedging to new highs without great volume conviction, yet no overhead supply remains to act as resistance. This Houston, TX based Oil and Gas MLP has an erratic earnings history and it completed additional Public Offerings on 2/09/10 and 8/11/10.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
FARO - NASDAQ - ELECTRONICS - Scientific & Technical Instrum Faro Technologies Inc	$35.00	-0.90 -2.51%	$36.19	$36.95	-5.28%	68,674 92.18%	74,500
Most Recent Note for FARO - 2/28/2011 12:12:13 PM Holding its ground since it gapped up for a new 52-week high on 2/24/11 after reporting earnings +142% on +27% sales revenues for the quarter ended December 31, 2010 versus the year ago period. Fundamentals do not meet guidelines of the fact-based investment system, especially after a loss in FY '09. It was noted 10/30/07 -"Questionable annual earnings history (not a strong A)."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
GHDX - NASDAQ - HEALTH SERVICES - Medical Laboratories & Researc Genomic Health Inc	$25.40	+1.14 4.70%	$25.52	$24.30	4.53%	131,545 93.16%	141,200
Most Recent Note for GHDX - 2/28/2011 12:16:43 PM Considerable gain today for a new 52-week high, rallying within close striking distance of its all-time high ($27.22 in April 2009). Found support at its 50 DMA line since last noted in the 2/09/11 mid-day report following a gap down - "Earnings increases have been strong in the latest quarterly comparisons versus year-ago losses, but its history of losses is below the guidelines of the fact-based investment system."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
GPOR - NASDAQ - ENERGY - Oil &; Gas Drilling &; Explorati Gulfport Energy Corp	$29.88	+0.49 1.65%	$30.99	$29.45	1.45%	394,007 95.15%	414,100
Most Recent Note for GPOR - 2/28/2011 12:21:58 PM Gapped up and hit another new 52-week and all-time high today. Prior mid-day reports noted - "Getting extended from a sound base. A recent spurt of volume driven-gains helped it break out from a sound base pattern above its 50 DMA line. Recent quarters showed much better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system. Since last noted in the 12/06/10 mid-day report it proposed another Secondary Offering on 12/14/10. It was dropped from the Featured Stocks list on 11/8/07, very soon after it had been featured in the October '07 CANSLIM.net News (read here). It completed a Public Offering on 5/14/10 and at least one other offering following the three offerings visible on the chart in the old report. As previously noted - "Cynical analysts might ask how many times this OK-based Oil/Gas firm might 'go to the well' for more investor money."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
MTZ - NYSE - MATERIALS & CONSTRUCTION - Heavy Construction Mastec Inc	$18.48	+0.60 3.36%	$18.51	$18.17	1.71%	544,362 83.41%	652,600
Most Recent Note for MTZ - 2/28/2011 12:32:26 PM Hitting another new 52-week high with today's 3rd consecutive volume-driven gain, reaching levels not seen since 2001. The 2/25/11 mid-day report noted - "Recent quarters showed much better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
NOG - AMEX - ENERGY - Oil & Gas Drilling & Explorati Northern Oil & Gas Inc	$31.85	+0.15 0.47%	$32.88	$31.76	0.28%	982,287 92.63%	1,060,400
Most Recent Note for NOG - 2/28/2011 12:33:36 PM Up with above average volume for a 4th day in a row, hitting another new 52-week high today. The 2 prior mid-day reports noted - "No overhead supply remains to hinder its progress. It promptly repaired a 50 DMA line violation in January while consolidating and then continued rising since completing a Public Offering of additional shares on 11/19/10. Previously noted an additional offering earlier last year on 4/15/10. It has attracted an increasing number of top-rated funds as shareholders. Recent quarters show great sales and earnings increases versus minuscule numbers for the year ago period. Leadership in the industry group (L criteria) is helping it fare well, but its limited earnings history and repeated stock offerings are cause for some concern. "
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
NXPI - NASDAQ - ELECTRONICS - Semiconductor - Broad Line Nxp Semiconductors N V	$31.87	+1.32 4.32%	$32.36	$31.78	0.28%	893,382 110.25%	810,300
Most Recent Note for NXPI - 2/28/2011 12:34:45 PM Hit another new high today above average volume behind its recent spurt of gains. Prior mid-day reports noted - "Rallying near its all-time high today after an ascending base pattern. Sales and earnings have not shown strong steady growth and are below the investment system guidelines while recently reporting earnings versus year-ago losses."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
OCLR - NASDAQ - HEALTH SERVICES - Medical Instruments & Supplies Oclaro Inc	$18.05	+0.05 0.28%	$18.81	$18.95	-4.75%	979,565 80.74%	1,213,300
Most Recent Note for OCLR - 2/28/2011 12:35:55 PM Perched near its 52-week high today after rallying above prior resistance in the $17 area last week. The 3 prior mid-day reports noted - "Recent quarters showed much better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
OVTI - NASDAQ - ELECTRONICS - Semiconductor - Integrated Cir Omnivision Technologies	$30.65	-0.78 -2.48%	$32.44	$33.00	-7.12%	2,490,151 123.29%	2,019,700
Most Recent Note for OVTI - 2/28/2011 12:43:06 PM Reversed into the red after early gains today nearly challenged its 52-week high. A considerable gap up gain on 2/25/11 helped it rebound from below its 200 DMA line after a "double bottom" base that was formed while consolidating since it hit its 52-week high and was last noted in the 12/13/10 mid-day report - "Recent quarterly comparisons show strong sales revenues and earnings increases after a loss in FY '09 and an up and down annual earnings (A criteria)."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
PPO - NYSE - MANUFACTURING - Pollution &; Treatment Controls Polypore International	$57.67	-1.72 -2.90%	$59.93	$61.75	-6.61%	386,952 82.12%	471,200
Most Recent Note for PPO - 2/28/2011 12:44:24 PM Perched near its all-time high today, it rallied following its latest earnings report after losses earlier last week led to a test of support at its 50 DMA line. The 1/26/11 mid-day report noted - "Stubbornly held its ground following its considerable gain on 12/06/10 with very heavy volume. It built orderly base-on-base type patterns in recent months since clearing its 2008 high ($29.26). Recent quarters showed improving sales and earnings increases but prior comparisons were negative and its up and down annual earnings (A criteria) track record is below guidelines of the fact-based system."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
SIMO - NASDAQ - ELECTRONICS - Semiconductor - Specialized Silicon Motion Tech Ads	$9.07	+0.57 6.71%	$9.21	$8.62	5.22%	473,184 109.23%	433,200
Most Recent Note for SIMO - 2/28/2011 12:45:46 PM Hit another new 52-week high today. Recent mid-day reports noted - "Held its ground following a considerable gap up gain on 2/01/11 after an analyst upgrade. Recent quarters showed much better sales and earnings increases versus the year earlier. Prior quarterly comparisons and annual earnings (A criteria) growth have not been strong and steady, so it is fundamentally below guidelines of the fact-based investment system. It survived but failed to impress since dropped from the Featured Stocks list on 7/26/07."
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
TORM - NASDAQ - CHEMICALS - Synthetics Tor Minerals Intl Inc	$13.48	+0.52 4.01%	$13.50	$14.35	-6.06%	24,536 93.65%	26,200
Most Recent Note for TORM - 2/28/2011 12:52:52 PM Hovering near its 52-week high since a considerable gap up gain on 2/24/11 following its strong earnings news for the quarter ended December 31, 2010 versus the year ago period. Recent quarterly comparisons show improving sales revenues and earnings, but its prior history has been erratic and below the investment system's guidelines.
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M
WLL - NYSE - ENERGY - Oil & Gas Drilling & Explorati Whiting Petroleum Corp	$65.02	-0.40 -0.61%	$66.51	$66.51	-2.24%	1,311,970 76.07%	1,724,600
Most Recent Note for WLL - 2/28/2011 12:57:18 PM Touched another new all-time high today following 3 consecutive volume-driven gains since its shares split 2:1 effective 2/23/11. Held its ground and continued higher since last noted in the 1/28/11 mid-day report -"It rose above its 2008 all-time high ($112.42) and stubbornly held its ground since the 11/30/10 mid-day report noted - 'Downturn in FY '09 annual earnings (A criteria) history and earlier downturn in 2007 are concerns. Recent quarterly comparisons showed an impressive upturn in sales revenues and earnings growth after a streak of negative comparisons and year ago losses.'"
View all notes \| Alert me of new notes \| Company Profile \| SEC \| News \| Chart \| C A N S L I M

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. We are 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.

This report is a service available only to active Paid Premium Members. You may opt-out of receiving report notifications at any time. Questions or comments may be submitted by writing to FactBasedInvesting.com c/o Premium Member Services 665 S.E. 10 Street, Suite 201 Deerfield Beach, FL 33441-5634 or by calling 954-785-1121.

We appreciate any feedback members may wish to send via the inquiry form here.