Wed, Aug 20, 2014, 5:46 AM EDT - U.S. Markets open in 3 hrs 44 mins

Recent

% | $
Quotes you view appear here for quick access.

CR Bard Inc. Message Board

  • stocktrader7758 stocktrader7758 Aug 4, 2005 8:38 PM Flag

    Short candidate from OptionInvestor.com

    New Puts

    CR Bard - BCR - close: 64.45 chg: -1.46 stop: 67.51

    Company Description:
    C. R. Bard, Inc., headquartered in Murray Hill, N.J., is a leading multinational developer, manufacturer and marketer of innovative, life-enhancing medical technologies in the fields of vascular, urology, oncology and surgical specialty products. (source: company press release or website)

    Why We Like It:
    The 2 1/2 year rally in shares of BCR appeared to have peaked near $75.00 in May. Since then the stock has been sliding under a trend of lower highs although BCR did spend most of the last six weeks in a trading range between $65.00 and $68.00. BCR recent action has been very bearish. The stock failed at its simple 50-dma, broke down under both its simple and exponential 200-dma's, and broke through round-number price support at the $65.00 level on above average volume. This has naturally turned its technical indicators bearish but we also see that its P&F chart has turned bearish and points to a $59 target. We are going to suggest bearish positions here under $65.00 and target a drop into the $60.50-60.00 range.

    Suggested Options:
    We are suggesting the September puts.

    BUY PUT SEP 65.00 BCR-VM OI= 90 current ask $3.90
    BUY PUT SEP 60.00 BCR-VL OI=220 current ask $2.50

 
BCR
149.88-0.82(-0.54%)Aug 19 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.