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Friday, September 30, 2011

Stocks That Have Gotten Oversold: (XG), (STP)

On September 30, these stocks were spotted as oversold: Extorre Gold Mines Ltd. Ordinar, and Suntech Power Holdings Co. Ltd. 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 Extorre Gold Mines Ltd. Ordinar (XG) fell by 1.83% or $-0.11/share to $5.89. In the past year, the shares have traded as low as $4.15 and as high as $15.42. On average, 272830 shares of XG exchange hands on a given day and today's volume is recorded at 249254.

Shares of Suntech Power Holdings Co. Ltd (STP) fell by 4.33% or $-0.11/share to $2.43. In the past year, the shares have traded as low as $2.48 and as high as $10.83. On average, 3444600 shares of STP exchange hands on a given day and today's volume is recorded at 1390829.