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 MIDDAY BREAKOUTS REPORT - WEDNESDAY, MARCH 27TH, 2013
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DOW 14519.06 -40.59 (-0.28%) | NASDAQ 3245.8 -6.68 (-0.21%) | S&P 500 1560.08 -3.69 (-0.24%)
Time of Screening : 3/27/2013 12:02:11 PM         Report Released : 3/27/2013 12:41:54 PM
Price is: Above 52W High and Less Than 52W High but within 10% of the 52 Week High
Volume Is: At least 57.5% of 50 Day Average at the time of the screening.
More details about this report...

To View Current Notes and Data on currently Featured Stocks go to the latest
Featured Stocks Page
Symbol/Exchange
Company Name
Industry Group
PRICE CHANGE
(%Change)
Day High Volume
(% DAV)
(50 DAV)
52 Wk Hi
% From Hi
Date
Featured
Price
Featured
Pivot Point
Max Buy
AMBA - NASDAQ
Ambarella Inc
$15.08 +0.04
0.27%
$15.26 340,434
137.77% of 50 DAV
50 DAV is 247,100
$15.47
-2.52%
3/26/2013 $15.31 PP = $14.83
MB = $15.57
Most Recent Note - 3/27/2013 12:07:43 PM
Y - Holding its ground today. Rallied above its pivot point with a considerable gain backed by 5 times average volume on 3/26/13 triggering a technical buy signal from a cup-with-high-handle base. See the latest FSU analysis for more details and a new annotated graph.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/26/2013. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M
MNTX - NASDAQ
Manitex International
$12.46 +0.43
3.57%
$12.51 156,286
86.73% of 50 DAV
50 DAV is 180,200
$13.14
-5.18%
3/20/2013 $11.29 PP = $12.05
MB = $12.65
Most Recent Note - 3/27/2013 12:28:56 PM
Y - Trading up today after encountering distributional pressure on the prior session. A considerable gain with heavy volume on 3/25/13 cleared its pivot point and triggered a technical buy signal. Prior highs define initial support to watch on pullbacks.
>>> The latest Featured Stock Update with an annotated graph appeared on 3/20/2013. Click here.
View all notes | Alert me of new notes | Company Profile | SEC | News | ChartC A N S L I M

Symbol - Exchange - Industry Group
Company Name
Last Chg Day
High
52 WK Hi % From Hi Volume
% DAV
DAV
ALKS - NASDAQ - Medical-Biomed/Biotech
Alkermes Plc
$23.63 +0.17
0.72%
$23.67 $23.67 -0.17% 775,793
66.00%
1,175,400
Most Recent Note for ALKS - 3/27/2013 12:05:18 PM
Rallying to new 52-week highs with a 2nd consecutive volume-driven gain. Undercut its 50 DMA line during its consolidation and then rebounded since last noted in the 1/10/13 mid-day report with caution- "Earnings history is not a match with the fact-based investment system's guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
CSV - NYSE - DIVERSIFIED SERVICES - Personal Services
Carriage Services Inc
$21.09 +0.12
0.57%
$21.49 $21.49 -1.86% 91,049
71.64%
127,100
Most Recent Note for CSV - 3/27/2013 12:08:33 PM
Touched yet another new 52-week high today. Held its ground stubbornly after an impressive streak of volume-driven gains, and it is very extended from any sound base. Repeatedly noted in mid-day reports with caution - "Quarterly earnings increases (C criteria) have not been strong and steady enough to meet the fact-based investment system's guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
EQM - NYSE - ENERGY - Oil & Gas Pipelines
E Q T Midstream Partners
$38.64 -0.86
-2.18%
$39.65 $40.74 -5.15% 63,519
95.09%
66,800
Most Recent Note for EQM - 3/27/2013 12:11:18 PM
This MLP in the Natural Gas business is consolidating -5.2% off its 52-week high, extended from any sound base. Its 50 DMA line and recent lows near $37 define near-term support to watch. It has shown bullish action this year, rising considerably since noted in the 12/28/12 mid-day report with caution - "Limited history is a concern and it has traded up considerably since its 6/27/12 IPO at $21."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
IBCP - NASDAQ - BANKING - Regional - Midwest Banks
Independent Bank Corp Mi
$8.02 +0.44
5.80%
$8.29 $8.29 -3.26% 181,245
200.05%
90,600
Most Recent Note for IBCP - 3/27/2013 12:12:32 PM
Hitting new 52-week highs today while adding to a spurt of volume-driven gains. Prior mid-day reports repeatedly cautioned - "Erratic sales revenues and earnings history in quarterly comparisons and its poor annual earnings history make it not a match with the guidelines (C and A criteria) of the fact-based investment system. Low-priced stocks are discouraged from consideration under the fact-based investment system unless all key criteria are solidly satisfied."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
JOBS - NASDAQ - DIVERSIFIED SERVICES - Staffing &; Outsourcing Service
Fifty One Job Inc Ads
$60.07 +0.29
0.49%
$60.50 $63.95 -6.07% 46,048
73.09%
63,000
Most Recent Note for JOBS - 3/27/2013 12:14:43 PM
Earnings increases have been below the +25% minimum guideline (C criteria) in the 3 latest quarterly comparisons through Dec '12. It survived but failed to impress since dropped from the Featured Stocks list on 3/16/11.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
KSU - NYSE - TRANSPORTATION - Railroads
Kansas City Southern
$106.90 -2.61
-2.38%
$108.79 $109.54 -2.41% 572,861
62.71%
913,500
Most Recent Note for KSU - 3/27/2013 12:17:45 PM
Wedging to new 52-week and all-time highs with gains in the past couple of weeks lacking great volume conviction. Last noted with caution in the 2/27/13 mid-day report when tallying a considerable volume-driven gain - "Reported earnings +19% on +7% sales revenues for the quarter ended December 31, 2012 versus the year ago period. Its annual earnings history (A criteria) included a drastic downturn in FY '09."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
LNDC - NASDAQ - CHEMICALS - Synthetics
Landec Corporation
$12.95 -0.39
-2.92%
$13.10 $13.43 -3.57% 606,187
343.45%
176,500
Most Recent Note for LNDC - 3/27/2013 12:20:37 PM
Reported flat earnings +0% on +47% sales revenues for the quarter ended Feb 28, 2013 versus the year ago period. Gapped down today following considerable volume-driven gains for a new 52-week highs on the 2 prior sessions as prior mid-day reports cautioned - "Showed strong earnings increases in the Nov '12 quarter and prior quarters were above the +25% guideline satisfying the C criteria. Its up and down annual earnings (A criteria) history remains a concern, so it is not a match with the fact-based investment system's guidelines. It survived but failed to impress since noted in the 9/28/07 mid-day report - 'Technically broke out this week with gains on volume but it has a questionable sales and earnings history.'"
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LNN - NYSE - MANUFACTURING - Farm & Construction Machinery
Lindsay Corporation
$86.00 -6.37
-6.90%
$94.50 $94.90 -9.38% 519,062
246.94%
210,200
Most Recent Note for LNN - 3/27/2013 12:25:05 PM
Retreating from its 52-week high and slicing below its 50 DMA line today with a volume-driven loss. Reported earnings +50% on +33% sales revenues for the quarter ended February 28, 2013 versus the year ago period, a 3rd consecutive quarterly comparison with an earnings increase above the +25% minimum guideline (C criteria). Fundamentals remain a concern, as its earnings growth history (A criteria) included a downturn in FY '09, so it is not a good match with the guidelines of the fact-based investment system.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
NTWK - NASDAQ - COMPUTER SOFTWARE & SERVICES - Application Software
Netsol Technologies Inc
$13.41 +0.25
1.90%
$13.50 $13.74 -2.40% 207,729
65.04%
319,400
Most Recent Note for NTWK - 3/27/2013 12:30:23 PM
Hitting another new 52-week high with above average volume behind a 2nd consecutive gain following a brief consolidation. Noted in recent mid-day reports with caution - "It faces additional resistance due to overhead supply. Reported greatly improved sales and earnings increases in the 3 latest quarterly comparisons through Dec '12, but its prior earnings history (A criteria) has been erratic and is not a match with the fact-based investment system's fundamental guidelines."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
ORBC - NASDAQ - Telecom-Infrastructure
Orbcomm Inc
$5.13 +0.09
1.79%
$5.19 $5.40 -5.00% 139,831
121.07%
115,500
Most Recent Note for ORBC - 3/27/2013 12:32:32 PM
Earnings history is not a match with the fact-based investment system's guidelines (C and A criteria). Low-priced stocks are discouraged from consideration unless all key criteria are solidly satisfied. It is extended from any sound base pattern following a recent rally to multi-year highs.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SALM - NASDAQ - MEDIA - Broadcasting - Radio
Salem Communications A
$8.21 -0.09
-1.08%
$8.30 $8.40 -2.26% 39,549
75.05%
52,700
Most Recent Note for SALM - 3/27/2013 12:33:25 PM
Perched at its 52-week high today following a streak of 7 consecutive volume-driven gains. Prior mid-day reports cautioned - "Recent quarterly comparisons through Dec '12 show strong earnings increases but with sub par sales revenues increases in the +4-6% range, not showing growth indicative of great demand for a hot new (N criteria) product or service. Up and down annual history is not a match with the fact-based investment system's guidelines (A criteria). Low-priced stocks are discouraged from consideration unless all key criteria are solidly satisfied."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
SUSP - NYSE - ENERGY - Oil and Gas Refining and Marketing
Susser Petroleum Ptrn Lp
$32.40 -0.44
-1.34%
$32.79 $33.41 -3.02% 60,421
90.05%
67,100
Most Recent Note for SUSP - 3/27/2013 12:35:00 PM
Earnings history is not a match with the fact-based investment system's guidelines (C and A criteria). Extended from any sound base after rallying to new 52-week highs in recent weeks with gains lacking great volume conviction.
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
TG - NYSE - CONSUMER NON-DURABLES - Rubber & Plastics
Tredegar Corp
$29.04 -1.66
-5.41%
$30.63 $31.89 -8.94% 102,720
110.81%
92,700
Most Recent Note for TG - 3/27/2013 12:36:23 PM
Retreating from its 52-week high today following a streak of 3 consecutive gains marked by above average volume. Prior mid-day reports repeatedly cautioned - "Showed better earnings increases in the Sep and Dec '12 quarters but its earnings history is not a match with the fact-based investment system's guidelines (C and A criteria)."
View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
UFI - NYSE - MANUFACTURING - Textile Manufacturing
Unifi Inc
$19.23 +0.19
1.00%
$19.37 $19.49 -1.33% 57,675
74.52%
77,400
Most Recent Note for UFI - 3/27/2013 12:37:23 PM
Extended from any base and hovering at its 52-week high with volume totals cooling after a streak of volume-driven gains. Technically, its "breakaway gap" on 2/19/13 cleared a better than 3-month base during which it found prompt support near its 200 DMA line. Prior mid-day reports repeatedly cautioned - "Erratic sales revenues and earnings history in quarterly comparisons and its up and down annual earnings history make it not a match with the guidelines (C and A criteria) of the fact-based investment system."

View all notes | Alert me of new notes | Company Profile | SEC  | News | ChartC A N S L I M  
UNF - NYSE - DIVERSIFIED SERVICES - Business/Management Services
Unifirst Corp
$90.08 +1.51
1.70%
$93.00 $93.00 -3.14% 54,496
78.52%
69,400
Most Recent Note for UNF - 3/27/2013 12:41:14 PM
Wedging further into new high territory with gains in recent weeks lacking great volume conviction. Reported earnings +39% on +8% sales revenues for the Feb '13 quarter. Held its ground stubbornly and gradually inched higher since last noted with caution following a considerable gap up gain and a new 52-week high in the 1/04/13 mid-day report - "Reported earnings +18% on +6% sales revenues for the quarter ended Nov 30, 2012 versus the year ago period. Fundamental concerns remain today. It found support near its 50 DMA line during its ongoing ascent since noted in the 7/17/12 mid-day report with caution - 'Prior quarterly and annual earnings history falls below the fundamental guidelines concerning the C and A criteria."
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