Tuesday, January 28, 2014

High Volume High- Jan 27 Trading Day Edition

The number of names making new highs continues to dry up. In yesterday's trading, we only saw two names, shown below. Of the two names, GAME received a take private offer that valued company at least 15% higher than the previous close. The second name, CLFD, announced earnings that beat the street by $0.01, as order backlogs more than doubled over the year ago period. The stock looks like a momentum play in my opinion.

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