TOC Bought @ $36.32

Stock Analysis TOC [Thomson Corp: NYSE]
Sector: Business Information Services ; Business/Management Services ; Computer Services
Fundamentals: ROE: 29.50% ; P/E:5.70 ; Dividend: 3.6%
Technicals: Heavy volume buy on March 13, 2008 and during mid-March 2008 from weekly chart. Forming a base in weekly chart. Market had huge sell off of about 2.02% on Friday, April 11, 2008. But TOC held steady at MA(50) of $35.03 with low of the day as $35.03. Gained 3.05% on Friday, April 11, 2008. Attached image shows the trendline resistance and Symmetrical Triangle which is bullish formation.
Cost basis: Nibble (1/2) entered on 4/14/2008 for $35.61 and remaining 1/2 entered today (4/16/2008) for $37.02. So, cost basis is $36.32
Target 1: $39.13 [Reason MA(200) value is $39.15 and placing profit below that.]
Stop loss: $34.97 [Reason MA(50) value is $35.06 and placing stop loss below that.]
Next Earnings: 1-May-08
Last Analyst Rating: Hold
Other comments: Apr 10, 2008 (M2 PRESSWIRE via COMTEX) -- BUYINS.NET, http://www.buyins.net/, announced today that these select companies have been on the NASDAQ, AMEX and NYSE naked short threshold list for 13 consecutive trading days: DWS Global Commodities (NYSE: GCS), The Thomson Corporation (NYSE: TOC), Dendreon Corp. (NASDAQ: DNDN), Nastech Pharmaceutical Company Inc. (NASDAQ: NSTK), Saxon Energy Services Inc (OTC: SXEYF). [http://www.zacks.com/research/get_news.php?id=101u7062&t=TOC]
Thomson to Change Name and Ticker Symbols After $16.2 Billion Buyout of Reuters Closes. Once the deal closes, Thomson Reuters Corp. shares will trade on the New York Stock Exchange and Toronto Stock Exchange under the ticker symbol "TRI." Thomson's current symbol is "TOC." Thomson Reuters PLC American depositary shares will trade on the Nasdaq Global Select Market under the symbol "TRIN." [http://biz.yahoo.com/ap/080408/thomson_reuters_deal.html?.v=2]