November 28, 2012 at 17:27 PM EST
IPO Home Loan Servicing Solutions Is In Buy Zone
An initial public offering is worth monitoring, especially if it's been around long enough to have a 50-day moving average. Cayman Islands-based Home Loan Servicing Solutions (HLSS) debuted on the Nasdaq in March. The stock broke out of its first base in July and advanced as much as 44% from its 14.10 buy point. Many disciplined investors would've missed the stock because it was thinly traded. It also crafted a three-weeks-tight pattern along the
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