Here is a list of names hitting volume off the high criteria in yesterday's trading. Again, the inclusion on this list is not a recommendation, but serves as a warning signal for potential issues.
John Wiley & Sons- JW.A
Kraft- KFT
Lionbridge Technologies- LIOX
Nam Tai Electronics- NTE
I preface this with statement that I am going to have to do some work on these names, but LIOX and NTE look interesting to the short side. Not only are we seeing following heavy selling off high prices, but the companies are being flagged on my accounting gimmickry screen. The same can also be said about United National Foods, a company I highlighted yesterday.
John Wiley & Sons- JW.A
Kraft- KFT
Lionbridge Technologies- LIOX
Nam Tai Electronics- NTE
I preface this with statement that I am going to have to do some work on these names, but LIOX and NTE look interesting to the short side. Not only are we seeing following heavy selling off high prices, but the companies are being flagged on my accounting gimmickry screen. The same can also be said about United National Foods, a company I highlighted yesterday.
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