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Walter Investment Management Rising on Above-Average Volume, Consistent With Trend (WAC)
[October 04, 2012]

Walter Investment Management Rising on Above-Average Volume, Consistent With Trend (WAC)

Oct 04, 2012 (SmarTrend(R) News Watch via COMTEX) -- Walter Investment Management shares are trading on heavy volume today, having risen 7.3% to $43.08. Approximately 692,000 shares have changed hands today vs. average 30-day volume of 324,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Walter Investment Management on August 15th, 2012 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $25.75. Since that recommendation, shares of Walter Investment Management have risen 56.0%. We continue to monitor WAC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Walter Investment Management share prices have moved between a 52-week high of $43.92 and a 52-week low of $17.87 and are now trading 141% above that low price at $43.08 per share. Over the last five market days, the 200-day moving average (MA) has gone up 1.2% while the 50-day MA has advanced 3.4%.

Write to Chip Brian at --------------------------------------------------------------------------------------------- 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 Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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