McClatchy (MNI) In the case of this big newspaper chain it is "may I have another, please, sir". A regular visitor here, the stock price hit $35.59. The 52-week high was $54.31. Maybe they should not have bought Knight-Ridder.
YouBet (UBET) The online gaming company was downgraded by Brean Murray after predicting a big loss in the fourth quarter. Hit $2.32 today against a 12-month high of $5.62.
ECC Capital (ECR) Nice REIT and mortgage company. Bad week for that business. NYSE even sent a non-compliance notice for days traded under $1. Dropped to $.61 today from a high of $1.65 over the last year.
TranSwitch (TXCC) Big work force lay-offs. Provides semiconductors for voice and video. Low of $1.22. The 52-week high was $2.85.
Avanir Pharma (AVNR) What a hair cut. Down to $1.26 today against a 52-week high of $18.14. According to The Associated Press: "At the request of federal regulators, Avanir Pharmaceuticals said it will conduct additional research on a treatment for a neurological disorder that causes involuntary laughter, crying and other emotional outbursts." The estimated time for the review–two years.
Viewpoint (VWPT) The internet marketing tech company’s shares fell to $.52. The 52-week high was $1.93.
Honorable mention: BP plc (BP) Hit $58.89 today, not a 52-week low, but so close given how well other big oil companies are doing. The 52-week high was $76.85.
Douglas A. McIntyre
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