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Tuesday, October 4, 2011

Selling Overdone In These Names: (DTG), (LPR), (TRX), (NIHD), (XG)

On October 4, these stocks were spotted as oversold: Dollar Thrifty Automotive Group Inc, Lone Pine Resources Inc. Common, Tanzanian Royalty Exploration Corp. , NII Holdings Inc, and Extorre Gold Mines Ltd. Ordinar. 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 Dollar Thrifty Automotive Group Inc (DTG) fell by 3.78% or $-2.05/share to $52.12. In the past year, the shares have traded as low as $45.36 and as high as $84.27. On average, 491940 shares of DTG exchange hands on a given day and today's volume is recorded at 500375.

Shares of Lone Pine Resources Inc. Common (LPR) traded higher by 1.05% or $0.06/share to $5.8. In the past year, the shares have traded as low as $5.38 and as high as $13.09. On average, 271890 shares of LPR exchange hands on a given day and today's volume is recorded at 1704120.

Shares of Tanzanian Royalty Exploration Corp. (TRX) fell by 7.41% or $-0.26/share to $3.25. In the past year, the shares have traded as low as $3.40 and as high as $7.82. On average, 471260 shares of TRX exchange hands on a given day and today's volume is recorded at 402711.

Shares of NII Holdings Inc (NIHD) fell by 2.69% or $-0.67/share to $24.39. In the past year, the shares have traded as low as $25.04 and as high as $46.33. On average, 2032380 shares of NIHD exchange hands on a given day and today's volume is recorded at 2143835.

Shares of Extorre Gold Mines Ltd. Ordinar (XG) fell by 6.49% or $-0.38/share to $5.52. In the past year, the shares have traded as low as $4.15 and as high as $15.43. On average, 279440 shares of XG exchange hands on a given day and today's volume is recorded at 228784.