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Watchlist

The following are recent stock spin-offs of which I am aware. If you find other, please let me know and I’ll add them.

2-13-2009  The spin-off stocks here have been taken along with the rest of the market for the most part, though some seem to be bucking the trend right now.  None are approaching what would be an entry point for me right now.

Facet Biotech Corp (FACT) from PDL Biopharm Inc  (2/13/09  Has been trending downward since the spin-off. )

John Bean Technology (JBT) from FMC Technology (FTI)  (2/13/09  50 day moving average is now trending up.)

Home Shopping Network (HSNI) from IAC

TREE.com (TREE) from IAC

International Leisure Group (ILGI) from IAC

Ticketmaster (TKTM) from IAC

Patriot Coal (PCX) from Peabody Energy (BTU)  (2/13/09  After rising from an initial split-adjusted price ,$17 to over $80, PCX has followed the energy companies down to less than $5 now.)

Time Warner Cable (TWC) from Time Warner (TWX)  (2/13/09   Trending down right now.)

Dr. Pepper Snapple (DPS) from Cadbury  (2/13/09  Price going sideways now.)

Brinks Home Security Holdings (CFL) from The Brinks Company (BCO) (2/13/09  After declining from the spin-off through late November 08, the stock has been in an uptrend.)

aircraft leasing unit from AIG

Canadian oil sands unit, Cenovus, from Encana (ECA.to) {early 2009}

Teradata (TDC) from NCR Corp (NCR), {Fall 2007) (2/13/09  Well down from highs and going sideways right now.)

medical devices business from Cardinal Health (CAH) {2009}