The 52-Week Low Club (AKNS, AEP, CCRT, EIX, GGP, LYTS, PMII, SPRD)

Investing

Published: August 14, 2008 2:35 pm

Last Updated: April 28, 2020 6:31 am

52_week_low_image Today was an interesting ride in the 52-week low club after we have seen very volatile markets. While oil fell $1.00 and while the S&P, NASDAQ, and DJIA were up most of the day, there were plenty of stocks gracing the 52-week lows:

Akeena Solar, Inc. (AKNS)… down in sympathy with others, more speculative name in solar.

American Electric Power (AEP)… becoming habitual.
CompuCredit Corp. (CCRT) down over 10% more after another post-earnings sell-off.
Edison International (EIX) making another appearance.
General Growth Properties (GGP) making another appearance.
LSI Industries (LYTS) killed on earnings and warning.
Power Medical Interventions, Inc. (PMII) very poor earnings.
Spreadtrum Communications (SPRD) lost 1/4 of its price on poor earnings. The silly company name doesn’t help.

Jon C. Ogg
August 14, 2008

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