Navigate this market better. Subscribe for FREE stock alerts and information.

Wednesday, September 28, 2011

Time To Buy These Oversold Stocks?: (THM), (CTCM), (TRX), (TSL)

On September 28, these stocks were spotted as oversold: International Tower Hill Mines Ltd, CTC Media, Inc, Tanzanian Royalty Exploration Corp. , and Trina Solar 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 International Tower Hill Mines Ltd (THM) fell by 9.07% or $-0.51/share to $5.11. In the past year, the shares have traded as low as $5.37 and as high as $10.49. On average, 317160 shares of THM exchange hands on a given day and today's volume is recorded at 498105.

Shares of CTC Media, Inc (CTCM) fell by 2.97% or $-0.29/share to $9.47. In the past year, the shares have traded as low as $9.71 and as high as $24.56. On average, 436840 shares of CTCM exchange hands on a given day and today's volume is recorded at 849914.

Shares of Tanzanian Royalty Exploration Corp. (TRX) traded higher by 3.39% or $0.12/share to $3.66. In the past year, the shares have traded as low as $3.40 and as high as $7.82. On average, 440530 shares of TRX exchange hands on a given day and today's volume is recorded at 1087510.

Shares of Trina Solar Ltd (TSL) fell by 5.49% or $-0.39/share to $6.72. In the past year, the shares have traded as low as $7.01 and as high as $31.89. On average, 3567950 shares of TSL exchange hands on a given day and today's volume is recorded at 3275897.