TMCnet News
General Communication Shares Down 11.2% Since SmarTrend's Sell Call (GNCMA)Nov 21, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for General Communication (NASDAQ:GNCMA) on October 23rd, 2012 at $8.78. In approximately 4 weeks, General Communication has returned 11.23% as of today's recent price of $7.79. General Communication share prices have moved between a 52-week high of $13.95 and a 52-week low of $6.18 and are now trading 26% above that low price at $7.79 per share. The 200-day and 50-day moving averages have moved 0.25% lower and 0.45% lower over the past week, respectively. General Communication, Inc. together with its subsidiaries, is a diversified telecommunications provider with a position in facilities-based long distance service in the state of Alaska. The Company provides integrated packages of long distance, local, and wireless telecommunications services, cable television services, and Internet services. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of General Communication. Log in and add General Communication (GNCMA) to your watchlist today so you can receive a real-time alert when the shares are about to change trend. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |