Go To TTD's Pre-Market Opening Breakout Watch Stock Lists for Thursday, April 30
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Go To TTD's Pre-Market Opening Breakout Watch Stock Lists for Thursday, April 30 |
| Go to Video Show - "How to Make Money With Breakout Stocks" |
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Go to Video Show - "How to Make Money With Breakout Stocks" Go to Video Show -TTD Performance 2008 Long and Sh
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By Leo Fasciocco -- TTD
Ticker Tape Digest presents its daily breakout and Short Selling report.
It contains Breakout Stocks and Stocks under 
Significant Accumulation.
Data is from tape action for the day. These stocks are most suitable for aggressive investors seeking ideal entry points for leading stocks.
These stocks will do very well during bull markets and strong market rallies.
TTD also presents Stocks To Sell or Sell Short. These issues are suitable for aggressive investors willing to take short positions both as trades or for longer-term plays. These stocks
will do very well during bear markets or market corrections
TTD's multi-media updates include a slide-show that presents charts and analysis at midsession. Some times TTD presents feature analysis on stocks and the market. TTD uses Windows Media Files. (WMV).
TTD also presents a "Breakout Watch List" that is up dated daily. This list consists of key stocks in position to breakout. A close watch of this list can put you in the stock just as it breaks out. TTD often suggests using stop buy orders to enter. It is very important to buy a breakout stock as close as possible to the break point. The idea is to get "elbow room" if the stock should follow through to the upside. This is very important in being successful in making big money with breakout stocks.
TTD also has special feature sections on Educational Tips on Investing.
To email Mr. Leo Fasciocco leo@tickertapedigest.com.For service, email Beverly Owen owen@tickertapedigest.com. TTD’s Tel: 1-480-926-1680.
Total Buy Breakouts so far today - 5
Stocks Screened - 8,200
Bull side - Only a few breakouts today as market rally fades. Bulls continue to look aggressively for high quality breakout plays with strong earnings projections.
Long-Term Environment for bulls: Neutral
(Put mouse on Dow chart to see Nasdaq chart)
Market (Daily) - NYSE Bullish, Nasdaq Bullish
Market (Weekly) -NYSE Bullish, Nasdaq Bullish
Market (Monthly) NYSE Bullish, Nasdaq Bullish
| TTD's Quality Rating of Stock - BBBB - AVERAGE |
BBBB, based in Washington, D.C., provides course management and collaboration software to educational institutions. Annual revenues: $312 million. BBBB's stock breaks out today from a seven-week flat base. The move extends the stock's recent rally from a low of 20 set late last year. The company will report first quarter earnings on May 6. TTD looks for net to soar 188%. 
So far today, BBB is trading 393,565 shares. Its average daily volume is 289,000 shares. The volume is modest for a breakout. That may be due to BBBB being off from its peak.
TTD is drawn to the stock because of its strong earnings outlook for this year and next.
BBBB's stock rose sharply in the morning and peaked around 10 a.m. It then trended sideways the rest of the day. TTD's clip of the tape shows a big block of 13,229 shares crossing at $33.12. The trade came within a sequence started by an up tick from $33.11. TTD sees the action as modest institutional buying interest.
BBBB's customers license Blackboard's software on an annual subscription basis. The company's products are currently in use at about 29% of postsecondary institutions in the U.S. BBBB derives about 19% of its revenue from institutions outside the United States.
TTD's performance chart for the past six months shows BBBB's stock appreciating 35%. That compares with a 9% decline in the S&P 500 index. So, the stock has been a bullish performer in recent months.
TTD's long-term chart shows BBBB coming public in late 2004 and trading near 20. It soared to 50 in 2007. Afterwards it went into a bear market along with the stock market. However, in recent months the stock has been working higher. Its CCI momentum indicator monthly is now solidly bullish. . 
BBBB's daily chart shows the breakout today. Note the stock has been in a nice up trend for the past six months before setting up the current base.
The stock's technicals are extremely bullish. The TTD momentum indicator (top of the chart) is strongly bullish.
The accumulation - distribution line (bottom of chart) is in a strong up trend. That is impressive and indicates the buying in the stock has been very strong.
For the upcoming first quarter - to be reported soon - analysts predict a 188% jump in net to 17 cents a share from 6 cents a year ago. The highest estimate on the Street is at 20 cents a share.
TTD sees very good chances for an upside surprise. The past four quarters, BBBB topped the consensus estimate by 5 to 2 cents a share.
The company has been developing new products and services. For the year, the Street is forecasting a 55% gain in net to $1.15 a share from 74 cents a year ago. The stock sells with a price-earnings ratio of 29. TTD sees that as reasonable given the earnings growth rate.
Looking out to 2010, the Street is currently projecting a 28% gain in net to $1.47 a share from the anticipated $1.15 a year ago.
Strategy Opinion: BBBB is a good looking breakout with strong earnings. However, it needs to pick up more volume to put some power into the breakout. That volume will be a key to look for. TTD is targeting BBBB for a move to 42 within the next few months, or sooner. A protective stop can be placed near 31. TTD rates BBBB a very good intermediate-term play.
Sponsorship: Very Good. One of the largest fund buyers recently was 4-star rated BlackRock Global Small Cap Fund which purchased 253,000 shares. The largest fund holder is 4-star rated Federated Kaufmann Fund with a 3.6% stake. It was a recent buyer of 87,000 shares.
Insider Activity: Bullish. Insiders were buyers recently using stock options. Currently, 11 analysts follow the stock, 8 have a buy, up from 7 three months ago.
Stock Performance Chart for 6 months with Quarterly Earnings Markers.
| TTD's Breakout Profile
Rating Blackboard Inc. (BBBB) |
| TTD Check List | Bullish | Bearish | Neutral |
| Near 52-week High | YES | ||
| Volume | YES | ||
| Tick Volume | YES | ||
| Price Trend - Daily | YES | ||
| Price Trend - Long Term | YES | ||
| Price Daily Spread | YES | ||
| Base Structure | YES | ||
| Base - A-D | YES | ||
| Earnings-Quarterly | YES | ||
| Earnings-Long Term | YES | ||
| Earnings Outlook | YES | ||
| Industry Group | YES | ||
| Prior Breakout Success | YES | ||
| Fund Sponsorship | YES | ||
| Total Score | 10 | 0 | 4 |
(The “breakout List” gives all stocks breaking out of a base of five weeks or more. These stocks have a good chance to trend higher. However, a stop should be used to avoid those that do not work.
(Trading strategy: One should buy breakout stocks at breakpoint by using market order or stop buy)
Charts of Breakout Stocks
| TTD's Quality Rating of Stock - EXP - AVERAGE |
| TTD's Quality Rating of Stock - AKAM - BELOW AVERAGE |
| TTD's Quality Rating of Stock - AGNC - AVERAGE |
| TTD's Quality Rating of Stock - SNX - BELOW AVERAGE |
Ticker Tape Digest’s Daily List of “Stocks To Sell or Sell Short” ranks stocks well timed to be sold immediately based on daily trading. The list can be used as an alert to reduce current long-term positions.
Shorts from tape action so far today - 5
Stocks Screened - 8,200
Long-Term Environment for bears: Neutral
Bear Side - Only a few breakdown stocks today. Bears be very conservative. Try to seek short plays with firms with falling earnings.
(Trading strategy: These stocks can be sold short, or if held should be sold. If a stock is sold short, a protective stop buy should be placed. Short plays work best when the stock market is in a down trend.)
ISYS, based in Lanham, Md., produces satellite ground systems, which are computer networks used for satellite command and control centers, data processing, simulation, and flight-software validation. Annual revenues: $165 million. ISYS' stock falls sharply today after the company projected much weaker than expected earnings for the fiscal year ending Sept. 30. The stock gaps lower. TTD sees more on the downside even though the stock is low priced. 
ISYS is trading 558,115 shares, double its normal daily volume of 236,000 shares.
ISYS's stock gapped lower in the morning. It had a brief rally to cut its loss, but then turned lower again and was weak the rest of the day.
TTD's clip of the tape highlights the largest trade in ISYS. It is a big block of 50,000 shares crossing on a modest down tick to $7.18 from the prior trade at $7.19. The action showed heavy institutional selling.
ISYS said earnings for the fiscal year ending in September will be about 45 cents a share. The Street was looking for $1.01 a share. That is a big disappointment. It is very favorable development for bears.
ISYS also offers products for environmental monitoring via satellite, and information systems for database management and office automation applications. The company has relationships with nearly all U.S. government agencies and private corporations that make use of satellite-based technologies.
TTD's daily chart shows ISYS falling last year. It tried to form a bottom. However, the gap lower on big volume today triggers good potential for a move lower. The stock's accumulation - distribution line (bottom of chart) is now rolling over.
Strategy Opinion: TTD is targeting ISYS for a decline to 4.50 within the next few months. A protective stop buy can be placed near 7.80.
TTD columnist Leo Fasciocco has covered the stock market for over 20 years. His articles appear in many publications. He is also a speaker at the Intershow conferences. He has been on television and radio. He is author of many educational articles about stock investing and the book “Guide To High-Performance Investing.”
For information to subscribe to the Ticker Tape Digest Services call: B. J. Owen at 1-480-926-1680. Distributed by Corona Publishing Enterprises. Ticker Tape Digest Inc. P.O. Box 2044 Chandler, Az. 85244-2044. TTD “Professional Report” is available on the World Wide Web: $100 per month. Password needed. “TTD Professional“ Faxed is $200 per month. The TTD Daily Report is $39.95. Credit cards accepted.
(The information contained has been prepared from data deemed reliable but there is no guarantee of complete accuracy. Ticker Tape Digest Inc. is not affiliated with any broker, dealer or investment advisor. Nothing in this publication constitutes an offer, recommendation or solicitation to buy or sell any securities. Further research is advised. This report is copyrighted and no redistribution is permitted with out permission. Some of the charts are from Telescan, Insight Trading, First Alert and other sources.)
Copyright - Ticker Tape Digest - 2009
