Unified Communications Industry News

TMCNet:  BBX Capitol Shares Up 99.4% Since SmarTrend's Buy Recommendation (BBX)

[December 28, 2012]

BBX Capitol Shares Up 99.4% Since SmarTrend's Buy Recommendation (BBX)

Dec 28, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for BBX Capitol (NYSE:BBX) on March 13th, 2012 at $3.45. In approximately 10 months, BBX Capitol has returned 99.42% as of today's recent price of $6.88.

In the past 52 weeks, BBX Capitol share prices have been bracketed by a low of $1.82 and a high of $7.25 and are now at $6.88, 278% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 1.3%.

BankAtlantic Bancorp, Inc. is a savings bank holding company. The Company's BankAtlantic subsidiary provides a variety of commercial banking products and services through a network of offices in Florida.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of BBX Capitol shares.Log in and add BBX Capitol (BBX) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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