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Stocks that Gain after Hitting its 52-Week Low
By rgoldberg on 52-Week High and Low | Tuesday June 15, 2010 02:48 pm
Superior Oil and Gas Co (OTCBB:SIOR) – Yesterday we alerted SIOR since it was trading at its 52-Week Low.  This is an initial indication of a possible value play. We continue to cover SIOR today as we were correct on our assumptions that SIOR were sitting at a price below its intrinsic value. Today the stock trading volume has increased drastically compared to its 10 days average volume.

Novo Energies Corp (OTCBB:NVNC) shares surged 68% to trade at 0.185 and went as high as 0.23 today on no news.  So far the stock has hit its 52-week low at 0.09  and its 52-week high at 1.70. The stock price has slowly started to move up on increased volume compare to its average 10 days volume.

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