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Friday, September 30, 2011

Overselling Alert: (TSL), (NFLX), (XRS), (CTCM), (TRX)

On September 30, these stocks were spotted as oversold: Trina Solar Ltd, Netflix, Inc, TAL Education Group, CTC Media, Inc, and Tanzanian Royalty Exploration Corp. . The price of these stocks have fallen sharply to level below their true value. This is interpreted as a sign that the stocks are undervalued and may represent a buying opportunity for investors.

Shares of Trina Solar Ltd (TSL) fell by 4.22% or $-0.27/share to $6.13. In the past year, the shares have traded as low as $6.06 and as high as $31.89. On average, 3649600 shares of TSL exchange hands on a given day and today's volume is recorded at 1763709.

Shares of Netflix, Inc (NFLX) fell by 1.00% or $-1.13/share to $112.06. In the past year, the shares have traded as low as $107.74 and as high as $304.76. On average, 6643560 shares of NFLX exchange hands on a given day and today's volume is recorded at 7479634.

Shares of TAL Education Group (XRS) fell by 4.08% or $-0.41/share to $9.65. In the past year, the shares have traded as low as $9.83 and as high as $18.34. On average, 84760 shares of XRS exchange hands on a given day and today's volume is recorded at 13134.

Shares of CTC Media, Inc (CTCM) fell by 1.31% or $-0.12/share to $9.07. In the past year, the shares have traded as low as $9.11 and as high as $24.56. On average, 459250 shares of CTCM exchange hands on a given day and today's volume is recorded at 271413.

Shares of Tanzanian Royalty Exploration Corp. (TRX) fell by 1.62% or $-0.06/share to $3.64. In the past year, the shares have traded as low as $3.40 and as high as $7.82. On average, 466170 shares of TRX exchange hands on a given day and today's volume is recorded at 313322.