The 52-Week Low Club (AKNS, AEP, CCRT, EIX, GGP, LYTS, PMII, SPRD)

247wallst — Thu, 14 Aug 2008 14:35:00 +0000

Today was an interesting ride in the 52-week low club after we have seen very volatile markets. While oil fell $1.00 and while the S&P, NASDAQ, and DJIA were up most of the day, there were plenty of stocks gracing the 52-week lows:

Akeena Solar, Inc. (AKNS)… down in sympathy with others, more speculative name in solar.

American Electric Power (AEP)… becoming habitual.
CompuCredit Corp. (CCRT) down over 10% more after another post-earnings sell-off.
Edison International (EIX) making another appearance.
General Growth Properties (GGP) making another appearance.
LSI Industries (LYTS) killed on earnings and warning.
Power Medical Interventions, Inc. (PMII) very poor earnings.
Spreadtrum Communications (SPRD) lost 1/4 of its price on poor earnings. The silly company name doesn’t help.

Jon C. Ogg
August 14, 2008

24/7 Wall St. Day-Trading Alerts (PMII) (PMI)

247wallst — Thu, 14 Aug 2008 09:53:47 +0000

One of the most significant spikes in volume today is the move of Power Medical Interventions (PMII). The stock is down about 40% at 10.50 AM on weak earnings.

VSInvestor.com is also covering the PMI Group (PMI) which is up over 50%

The website has data on several other day-trading opportunities which have come up this morning.

24/7 Wall St. » PMII

The 52-Week Low Club (AKNS, AEP, CCRT, EIX, GGP, LYTS, PMII, SPRD)

24/7 Wall St. Day-Trading Alerts (PMII) (PMI)