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Thursday, May 31, 2012

Stocks That Have Gotten Oversold: (SCMR), (HBM), (JE), (CELL), (TIVO)

On May 31, these stocks were spotted as oversold: Sycamore Networks Inc, HudBay Minerals, Inc, Just Energy Group Inc, Brightpoint Inc, and TiVo Inc. 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 Sycamore Networks Inc (SCMR) fell by 2.66% or $-0.36/share to $13.15. In the past year, the shares have traded as low as $13.51 and as high as $24.84. On average, 85740 shares of SCMR exchange hands on a given day and today's volume is recorded at 343461.

Shares of HudBay Minerals, Inc (HBM) fell by 2.91% or $-0.22/share to $7.35. In the past year, the shares have traded as low as $7.50 and as high as $15.72. On average, 38240 shares of HBM exchange hands on a given day and today's volume is recorded at 25590.

Shares of Just Energy Group Inc (JE) fell by 2.58% or $-0.28/share to $10.55. In the past year, the shares have traded as low as $8.55 and as high as $15.03. On average, 85200 shares of JE exchange hands on a given day and today's volume is recorded at 52995.

Shares of Brightpoint Inc (CELL) fell by 0.41% or $-0.02/share to $4.87. In the past year, the shares have traded as low as $4.83 and as high as $12.05. On average, 621990 shares of CELL exchange hands on a given day and today's volume is recorded at 206545.

Shares of TiVo Inc (TIVO) fell by 6.86% or $-0.61/share to $8.35. In the past year, the shares have traded as low as $7.06 and as high as $12.38. On average, 2075199 shares of TIVO exchange hands on a given day and today's volume is recorded at 4489025.