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Post Earnings Update: First Potomac Realty Trust Has Sunk 1.5% Lower in Past Week (FPO)
[May 28, 2012]

Post Earnings Update: First Potomac Realty Trust Has Sunk 1.5% Lower in Past Week (FPO)


May 28, 2012 (SmarTrend(R) News Watch via COMTEX) -- A week ago on May 15th, 2012 First Potomac Realty Trust (NYSE:FPO) reported earnings and analysts, on average, expected a loss of $0.04 on sales of $46.5 million. First Potomac Realty Trust actually reported a loss of $0.05 per share on sales of $46.8 million, missing EPS estimates by $0.01 and matching revenue estimates. Since the company's report, shares of First Potomac Realty Trust have fallen from $12.31 to $12.12, representing a loss of 1.5% in the past 13 days.

In the past 52 weeks, First Potomac Realty Trust share prices have been bracketed by a low of $11.20 and a high of $16.81 and are now at $12.12, 8% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.7% while the 200-day MA has remained constant.

SmarTrend recommended that its subscribers protect gains by selling shares of First Potomac Realty Trust on February 28th, 2012 by issuing a Downtrend alert when the shares were trading at $13.62. Since that call, shares of First Potomac Realty Trust have fallen 11.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.


Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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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