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Tuesday, June 7, 2011

Highly Volatile: (NEOP), (TLB), (SGS), (IRE), (APSA)

Among the most volatile stocks traded on June 7 were: Neoprobe Corp, The Talbots Inc, Stream Global Services, Inc, The Governor and Company of The Bank of Ireland, and Alto Palermo S.A. These stocks are risky as they have high volatility. Since these stocks carry a lot of risk, they will usually provide large returns. This high volatility could be caused by their business strategy or the type of sector they are in.

Shares of Neoprobe Corp. (NEOP) fell by 15.42% or $-0.66/share to $3.62. In the past year, the shares have traded as low as $1.50 and as high as $5.48. On average, 1105860 shares of NEOP exchange hands on a given day and today's volume is recorded at 3298340. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $2.90 area.

Shares of The Talbots Inc. (TLB) fell by 39.14% or $-1.73/share to $2.69. In the past year, the shares have traded as low as $4.26 and as high as $14.43. On average, 3324830 shares of TLB exchange hands on a given day and today's volume is recorded at 18276092. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $7.89 area where the stock may encounter resistance.

Shares of Stream Global Services, Inc. (SGS) fell by 12.0% or $-0.45/share to $3.3. In the past year, the shares have traded as low as $2.54 and as high as $6.90. On average, 15770 shares of SGS exchange hands on a given day and today's volume is recorded at 18777. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $3.16 area where the stock will likely see buying pressure.

Shares of The Governor and Company of The Bank of Ireland (IRE) fell by 6.1% or $-0.08/share to $1.28. In the past year, the shares have traded as low as $1.32 and as high as $4.87. On average, 4064360 shares of IRE exchange hands on a given day and today's volume is recorded at 2492598. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $2.53 area where the stock may encounter resistance.

Shares of Alto Palermo S.A. (APSA) traded higher by 13.86% or $2.80/share to $23.0. In the past year, the shares have traded as low as $6.98 and as high as $21.70. On average, 2380 shares of APSA exchange hands on a given day and today's volume is recorded at 30336. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $13.34 area.