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Credit Acceptance Up 13.6% Since SmarTrend Uptrend Call (CACC)
[December 28, 2012]

Credit Acceptance Up 13.6% Since SmarTrend Uptrend Call (CACC)

Dec 28, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Credit Acceptance (NASDAQ:CACC) on November 23rd, 2012 at $87.71. In approximately 1 month, Credit Acceptance has returned 13.63% as of today's recent price of $99.66.

Over the past year, Credit Acceptance has traded in a range of $76.95 to $107.09 and is now at $99.66, 30% above that low. The 200-day and 50-day moving averages have moved 0.03% higher and 0.95% higher over the past week, respectively.

Credit Acceptance Corporation provides funding, receivables management, collection, sales training, and related services to automobile dealers. The Company provides indirect financing for buyers with limited access to traditional sources of consumer credit. Credit Acceptance operates in North America, the United Kingdom, and Ireland.


SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Credit Acceptance shares.Log in and add Credit Acceptance (CACC) 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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