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Tuesday, May 15, 2012

Stocks That Have Gotten Oversold: (PBR), (TC), (DRYS), (NMR), (CPNO)

On May 15, these stocks were spotted as oversold: Petroleo Brasileiro, Thompson Creek Metals Company Inc, DryShips, Inc, Nomura Holdings, Inc, and Copano Energy LLC. 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 Petroleo Brasileiro (PBR) fell by 2.35% or $-0.47/share to $19.54. In the past year, the shares have traded as low as $19.95 and as high as $34.93. On average, 13043140 shares of PBR exchange hands on a given day and today's volume is recorded at 8588914.

Shares of Thompson Creek Metals Company Inc (TC) fell by 1.63% or $-0.06/share to $3.91. In the past year, the shares have traded as low as $3.97 and as high as $11.10. On average, 2585600 shares of TC exchange hands on a given day and today's volume is recorded at 2428836.

Shares of DryShips, Inc (DRYS) fell by 3.59% or $-0.09/share to $2.42. In the past year, the shares have traded as low as $1.75 and as high as $4.40. On average, 7933530 shares of DRYS exchange hands on a given day and today's volume is recorded at 2426569.

Shares of Nomura Holdings, Inc (NMR) fell by 0.88% or $-0.03/share to $3.37. In the past year, the shares have traded as low as $2.91 and as high as $5.05. On average, 439390 shares of NMR exchange hands on a given day and today's volume is recorded at 65494.

Shares of Copano Energy LLC (CPNO) fell by 1.47% or $-0.42/share to $28.11. In the past year, the shares have traded as low as $24.80 and as high as $37.43. On average, 336490 shares of CPNO exchange hands on a given day and today's volume is recorded at 335463.