• GenCorp Inc. (NYSE: GY) wasn’t under its 52-week low in the last hour today, but hit $8.23 vs. an $8.28 prior. Aerospace & Defense and Real Estate. Bad combo.
• Globalstar (NASDAQ: GSAT) got back above its prior $3.08 low over the last 52-weeks, but this one just seems to keep getting worse.
• Lionbridge Technologies Inc. (NASDAQ: LIOX) was down at $2.66, under the $2.70 to $6.29 range.  It looks like the lion’s roar is is a meow, at best.
• National Citiy Corp (NYSE: NCC) was down over 4% at $5.55, under the $5.76 to $35.86 range.
• Playboy (NYSE: PLA) going from bad to worse, and still not a cheap stock.  Down another 7% at $6.00 late in the day with a $6.38 to $12.00 52-week range.  If this keeps up Heff might have to turn in that mansion, and his activities too.
• Southwest Water (NASDAQ: SWWC) managed to get back above the 52-week lows of $10.52 today, but water (and water utilities) is supposed to be one of those safe sectors.
• Western Refining (NYSE: WNR) merely hit its prior low of $7.81 today.  But this stock was at $66.00 over the last year.

Jon C. Ogg
May 16, 2008