TMCNet:  Atlantic Tele-Network Down 11.8% Since SmarTrend Downtrend Call (ATNI)

[December 28, 2012]

Atlantic Tele-Network Down 11.8% Since SmarTrend Downtrend Call (ATNI)

Dec 28, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Atlantic Tele-Network (NASDAQ:ATNI) on October 22nd, 2012 at $40.63. In approximately 2 months, Atlantic Tele-Network has returned 11.78% as of today's recent price of $35.84.


In the past 52 weeks, shares of Atlantic Tele-Network have traded between a low of $30.63 and a high of $45.62 and are now at $35.84, which is 17% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 1.2%.

Atlantic Tele-Network, Inc. is a holding company for Guyana Telephone & Telegraph Company Limited. The Company provides local, long distance, and international services in the Republic of Guyana. Atlantic focuses on expansion in wire line, cellular, and cable television throughout the Caribbean region.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Atlantic Tele-Network.

Log in and add Atlantic Tele-Network (ATNI) 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 cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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

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