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Shares of PIKE Up 9.1% Since Uptrend Call on Shares
[December 10, 2012]

Shares of PIKE Up 9.1% Since Uptrend Call on Shares

Dec 10, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Pike Electric (NYSE:PIKE) on October 31st, 2012 at $9.08. In approximately 1 month, Pike Electric has returned 9.09% as of today's recent price of $9.90.

In the past 52 weeks, shares of Pike Electric have traded between a low of $6.68 and a high of $10.99 and are now at $9.90, which is 48% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.0%.

Pike Electric Corporation is a third-party provider of outsourced electric distribution and transmission services in the United States. The Company's core activities consist of the maintenance, upgrade, and extension of electric distribution and sub-500 kilovolt transmission power lines for electric utilities, cooperatives, and municipalities.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Pike Electric shares.Log in and add Pike Electric (PIKE) 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 --------------------------------------------------------------------------------------------- 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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