rightline which has succesfully picked dell lucent compact and countless others said there sure about it. for them to say this it is gauranteed. by the way i'm new to the board and road dell to a nice profit on there advice.
According to Right Line, any stocks they suggest for a split candidate generally need to have a split history and be trading in an uptrend. When there appears to be enough evidence to indicate an split announcement within the near future, the stock is classified as an imminent split candidate. Right Line does not guarantee any of its candidates.
Mr. Perry explains how he researches potential split candidates but cautions subscribers not to buy a stock just because it appears as a candidate. He strongly encourages individuals to dig deeper and make certain they have a good reason to invest in the stock and explains that the trader should always, always, always have an established trading plan.
In Allstate's case, he has advised that the company does not have a split history but is trading very strongly and setting new highs. It has been classified as an imminent candidate because a date for an announcement of a split has been targeted.
I am also a subscriber to Right Line. Where is the 3/19 date coming from in previous messages? My understanding is that Allstate will have there annual board meeting (or something like this--their next meeting) in May. As for announcing the split I can find no reference to any target date other than possibly 5/19 which is not imminent in my mind.
Today's drop was caused by a downgrade from an anaylst at Bernstein (Never heard of them). Westin Hicks (212-756-4626) lowered to hold from buy based on valuations (ALL investor relations).
I just bought April Calls yesterday. Wonderful timing!