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Los Angelas, CA -- (SBWIRE) -- 09/21/2012 -- Lone Pine Resourc (NYSE:LPR) is very active today and traded between $1.465 - 1.8601 with total traded volume of 2899477 shares. At a current price of 1.75, LPR is +0.27 - +18.24% from the previous close of $1.48. Moreover, At Current Market Price, LPR is in distance of +15.33% from its 50-day Moving Average price of $1.5174 and -53.15% from its 200-day Moving Average price of $3.7351. Lone Pine Resources (LPR) is an independent oil and gas exploration, development, and production company with operations in Canada within the provinces of Alberta, British Columbia, Quebec and the Northwest Territories. This stock is trading up 18% at $1.75 in recent trading. From a technical perspective, LPRis exploding higher here right off some near-term support at $1.50 with heavy volume. This move has pushed LPR above some near-term overhead resistance at $1.54, and it’s now flirting with its 50-day moving average of $1.76. Traders should now look for long-biased trades in LPR as long as it’s trending above its 50-day with strong upside volume flows. I would consider any upside volume day that registers near or above 861,136 shares as bullish. If LPR can maintain its trend above $1.76, then this stock has an excellent chance of re-testing or possibly taking out its next major overhead resistance levels at $2 to $2.40.
What's Going On With LPR : Find Out Here
Millennial Media, (NYSE:MM) is +1.00 - +7.02% from the previous close of $14.25. It traded between $14.00 - 15.79 with total traded volume of 1682512 shares. Keep a close eye on MM, as the stock has been showing unusual moves over the past weeks. At Current market price, MM has recovered +69.44% from its 52-week Low of 9.00 and has Pulled back -45.34% from its 52-week high of 27.90. Millennial Media, Inc.(NYSE:MM) shares declined 5.94% and closed at $13.93 in the previous trading session. MM‘s stock had its “buy” rating restated by analysts at Canaccord Genuity in a research report issued to clients and investors on Sept. 12. Additionally, analysts predict that Millennial Media will post $-0.05 earnings per share for the current fiscal year. The company is a mobile advertising platform company. Millennial Media technology, tools and services help developers maximize their advertising revenue.
What's Going On With MM : Find Out Here
sSycamore Networks (NasdaqNM:SCMR) is very active today and traded between $15.10 - 17.38 with total traded volume of 1428229 shares. At a current price of 15.64, SCMR is +0.98 - +6.68% from the previous close of $14.66. Moreover, At Current Market Price, SCMR is in distance of +6.79% from its 50-day Moving Average price of $14.6449 and +2.79% from its 200-day Moving Average price of $15.2151. Sycamore Networks Inc. (NASDAQ:SCMR : 15.84, 1.18), which develops intelligent bandwidth management services, has declared a special cash distribution of $10.00 per common share, payable on October 11 to stockholders of record as of October 1. The stock, which has been in $13.02 to $20.16 range for past year, is currently trading up 7.09% at $15.70.
What's Going On With SCMR : Find Out Here
ConAgra Foods, In (NYSE:CAG) is +1.59 - +6.20% from the previous close of $25.65. It traded between $26.87 - 27.75 with total traded volume of 17141616 shares. Keep a close eye on CAG, as the stock has been showing unusual moves over the past weeks. At Current market price, CAG has recovered +16.91% from its 52-week Low of 23.30 and has Pulled back -1.84% from its 52-week high of 27.75. ConAgra Foods Inc. (NYSE:CAG : 27.24, 1.59) said its board has approved an increase in its quarterly dividend from $0.24 to $0.25 per share, payable on December 4 to stockholders of record as of October 31. The stock, which has been in $22.39 to $27.75 range for past year, is currently trading up 6.74% at $27.38.
What's Going On With CAG : Find Out Here
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