Friday, January 11, 2013

New Volume Off the High for 1/10/13

We have a handful of new volume off the recent highs for trading on 1/10. RT announced earnings with sales and earnings missing estimates. The company also announced store closures (Side note- I really do like the fairly recent menu change). POM was down on no apparent news. In news that does not portend well to the industrial economy or manufacturing, the industrial supplier MSM reported sales that missed estimates and lowered its outlook on slowing demand.




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