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Thursday, October 13, 2011

Among The Most Volatile Stocks: (STP), (FRAN), (SZYM), (AONE), (VIT)

Among the most volatile stocks traded on October 13 were: Suntech Power Holdings Co. Ltd, Francesca's Holdings Corporatio, Solazyme, Inc, A123 Systems, Inc, and VanceInfo Technologies Inc. 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 Suntech Power Holdings Co. Ltd. (STP) fell by 4.1% or $-0.10/share to $2.34. In the past year, the shares have traded as low as $1.70 and as high as $10.83. On average, 3934930 shares of STP exchange hands on a given day and today's volume is recorded at 1954383. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $4.28 area but be careful because the stock may face selling pressure at this level.

Shares of Francesca's Holdings Corporatio (FRAN) traded higher by 0.95% or $0.20/share to $21.17. In the past year, the shares have traded as low as $18.51 and as high as $29.75. On average, 464990 shares of FRAN exchange hands on a given day and today's volume is recorded at 28175. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $22.15 area but be careful because the stock may face selling pressure at this level.

Shares of Solazyme, Inc. (SZYM) fell by 5.07% or $-0.42/share to $7.87. In the past year, the shares have traded as low as $8.21 and as high as $27.47. On average, 357990 shares of SZYM exchange hands on a given day and today's volume is recorded at 134877. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $12.66 area but be careful because the stock may face selling pressure at this level.

Shares of A123 Systems, Inc. (AONE) fell by 4.06% or $-0.17/share to $4.02. In the past year, the shares have traded as low as $2.77 and as high as $10.99. On average, 2480530 shares of AONE exchange hands on a given day and today's volume is recorded at 2183788. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $4.12 area but be careful because the stock may face selling pressure at this level.

Shares of VanceInfo Technologies Inc. (VIT) traded higher by 3.52% or $0.35/share to $10.15. In the past year, the shares have traded as low as $6.19 and as high as $41.08. On average, 1212500 shares of VIT exchange hands on a given day and today's volume is recorded at 500091. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $11.82 area but be careful because the stock may face selling pressure at this level.