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Los Angelas, CA -- (SBWIRE) -- 10/08/2012 -- Internet Patents (NCM:PTNT) are trading at $4.10 and is +17.17% from its 50-day Moving Average price of $3.4991 and +15.35% from its 200-day Moving Average price of $3.5544. The average trading volume is 16362 shares and its market capitalization is $31.8M. Internet Patents Corp (NASDAQ:PTNT) is the latest Lebed and Wall Street Grand (WSG) promotion, and saw some pretty impressive volume on Friday (over $2,000,000 in volume - before this volume was practically nonexistent). Typically promotions from Lebed and WSG do not experience significant volume. According to StockBaller.com, PTNT is not worth trading unless it is covered by the "National Inflation Association" (run by Jonathan Lebed), which seems unlikely.
Should Investor Hold or Sell PTNT Here : CHECK NOW
Avon Products, In (NYSE:AVP) reported EPS of 0.574. For the Current Fiscal year, the company is expected to report EPS of 0.81. For the Next Quarter and Next Year, the company is expected to report EPS of 0.28 and 0.99 respectively. At Current Market Price, AVP is in distance of +9.37% from its 50-day Moving Average price of $15.8997 and -0.06% from its 200-day Moving Average price of $17.4007. Beauty-products company Avon Products Inc. (AVP, $17.39, +$1.17, +7.21%) said Chairman Andrea Jung will step down at the end of the year and will be succeeded by well-known private-equity executive Fred Hassan. The passing of the reins to Mr. Hassan is a potentially good sign for those investors who are still disappointed Avon refused to sell when perfume maker Coty Inc. came knocking earlier this year with a $10.7 billion bid. Mr. Hassan, a partner at Warburg Pincus, has made a name for himself as a turnaround expert, and three years ago he led Schering-Plough to sell to Merck & Co. Inc. (MRK, $46.28, +$0.16, +0.35%) when he was the chief executive of the drug maker.
Can AVP Touch $23.00 Short Term Period : CHECK NOW
Shares of Neutral Tandem, I (NasdaqNM:IQNT) are trading at $7.70 and is -25.96% from its 50-day Moving Average price of $10.3991 and -36.35% from its 200-day Moving Average price of $12.0974. The average trading volume is 216091 shares and its market capitalization is $244.8M.Inteliquent (NASDAQ:IQNT), formerly Neutral Tandem Inc., declared a special one-time cash dividend of $3.00 per share, or roughly totaling $97 million. The Chicago-based provider of voice, data and hosted services also said it is engaged in ongoing talks with one of its largest customers. Those talks may result in a significant reduction in the rates that customer pays and require Inteliquent to pay to terminate certain traffic to that customer. Shares fell 15.01 percent.
Can IQNT Bounce Back From Here : CHECK NOW
Shares of Arbor Realty Trus (NYSE:ABR) are trading at $5.70 and is -2.67% from its 50-day Moving Average price of $5.8566 and +1.00% from its 200-day Moving Average price of $5.6436. The average trading volume is 121317 shares and its market capitalization is $158.2M. Arbor Realty Trust, Inc. (NYSE:ABR) shares dropped 6.28% to $5.67 after the company announced that it has successfully priced its public offering of 3.5 million shares of common stock at a public offering price per share of $5.80. The Company has also granted the underwriters a 30-day option to purchase up to an additional 525,000 shares of its common stock on the same terms and conditions, solely to cover over-allotments, if any.
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