OpeningBellReport.com Pre-Market Investment Alert for December 1st, 2012: (NYSE; DG), (NYSE: OMX), (OTC: AAMRQ)
OpeningBellReport.com Pre-Market Investment Alert for December 1st, 2012: (NYSE; DG), (NYSE: OMX), (OTC: AAMRQ) | OpeningBellReport

OpeningBellReport.com initiates single day Alert coverage on the following stocks. OpeningBellReport.com expects these stocks to trade volume and price above their 10-day trading average and provide an opportunity for trading profits.

 

Dollar General shares (NYSE: DG) gained 0.56 percent yesterday to close at $49.86. It hit an all-time high above $56 in July but has been pulling back since. The stock has been holding support at its 200-day moving average in the last two months, which could be leading some investors to believe that it’s still trending higher.  Call Option buying has been heavy, 72% greater then average with call options accounting for 96% of the activity.  Look for DG to finish the year strong.

Click here to get more information on the trading of DG:

 

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Office Max (NYSE: OMX) has seen a strong ralley in its share price since August, more then doubling to a recent close of $10.00. Back on August 2nd the company announced that it was reinstating its 2-cent per share quarterly dividend—the stock now has about a 1% yield. Office Max owns twenty to thirty percent of Boise Cascad, and their IPO will unlock some of OMX hidden value by putting a hard value on their investment.  

Click here to get more information on the trading of OMX:

 

http://www.openingbellreport.com

 

AMR Corp (OTC: AAMRQ) the parent of American Airlines filed for bankruptcy a year ago in hopes of reducing labor costs and returning to profitability. AMR has requested an extension of 6 weeks on filing its plan of reorganization with the bankruptcy court. This filing is a sign that discussions with creditors on how to bring A.MR out of bankruptcy are progressing cooperatively, if a bit slower than initially expected. This filing also  effectively blocks rival airline US Airways from making a hostile bid, as any merger plan unveiled during this period would have to be proposed by AMR itself. A hearing on the extension request is set for December 19.  Shares of AAMRQ have risen to $0.502 in recent trading

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OpeningBellReport.com issues momentum alerts on stocks that can provide gains to day traders. OpeningBellReport.com provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. OpeningBellReport.com monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities.

 

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Disclosure: The assembled information disseminated by OpeningBellReport.com is for informative purposes only, and is neither a solicitation to buy nor an offer to sell securities. OpeningBellReport.com owners/operators are not licensed financial advisors or analysts. Always do your own due diligence, and consult a financial advisor before making any investment. Please visit OpeningBellReport.com website, for complete risks and disclosures.

 


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SOURCE Opening Bell Report

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