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Huntington Beach, CA (PRWEB) November 17, 2012
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The Nasdaq logged its sixth consecutive week of losses, its longest streak in over three years. And the Dow posted its fourth straight losing week, the longest since last August.
A popular method of investing is to buy or sell stocks that are starting to break out. PSPicks screens the market daily for the most active stocks, here are a few companies that PSPicks is watching.
MeetMe, Inc., a social media technology company, owns and operates social network discovery platforms. The stock traded 776,011 shares and closed at $3.33 on Friday.
Learn about the next Google before the market, subscribe at http://www.PSPicks.com for free.
Activision Blizzard, Inc. publishes online, personal computer (PC), console, handheld, and mobile interactive entertainment worldwide. The stock traded 30,202,696 shares and closed at $11.05 on Friday. PSPicks believes the stock could soar past its previous 52 Week High of $13.01 before the end of the year.
Immunotech Laboratories, Inc., a company engaged in the research and development of protein-based therapeutic and diagnostic products with applications in HIV/AIDS. PSPicks is currently doing some deep research into this company as it appears that based on recent filings and market activity, the stock could wake up soon. During this past week the stock rose from .07 to .20, and there seems to be little resistance to .75.
MGM Resorts International, through its subsidiaries, owns and operates casino resorts. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The stock traded 24,654,909 and closed at $9.64 on Friday. PSPicks believes that MGM Resorts is undervalued, a recent trip to proved to PSPicks that the company is clearly best of breed, at least in Las Vegas.
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