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Friday, July 12, 2013

Unexpected Volume Found In Shares Of (NYSE: BBDO)

NYSE (NYSE: BBDO): fell by 9.07% or $-1.36/share to $13.64. In the past year, the shares have traded as low as $11.23 and as high as $18.95. On average, 2043 shares of BBDO exchange hands on a given day and today's volume is recorded at 13757. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $14.92 area but be careful because the stock may face selling pressure at this level.