Monday, May 31, 2010

US All-Time Highs ($2 to $10) - May/28/2010

One all-time high from among US small-caps. For the second week in a row SUMR made a new all-time high and this time it came on huge volume. This stock was first highlighted on the blog a month ago in April.

SUMR (Summer Infant Inc | NASDAQ)
All-time Highs (Yahoo Finance): Intraday $8.42 (28-May-2010), Daily Close $8.25 (28-May-2010)
All-time Highs (Google Finance): Intraday $8.42 (29-May-2010), Daily Close $8.25 (29-May-2010)







Here's what a trend-following approach with a 3-ATR trailing stop looks like on SUMR during its recent move. It turned up in the All-time high scan in April, but was making 52-week highs for a while before that.


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