[May 03, 2013] Shares of WAC Down 20.0% Since Downtrend Call on Shares Tweet May 03, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Walter Investment Management (AMEX:WAC) on March 14th, 2013 at $42.74. In approximately 2 months, Walter Investment Management has returned 20.00% as of today's recent price of $34.19. Over the past year, Walter Investment Management has traded in a range of $17.87 to $49.99 and is now at $34.19, 91% above that low. The 200-day and 50-day moving averages have moved 0.52% higher and 3.07% lower over the past week, respectively. Walter Investment Management Corporation is a mortgage real estate investment trust. The Company is focused on the purchase and securitization of single family mortgage loan pools and subordinate mortgage-backed securities purchased in bulk directly from financial institutions. SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Walter Investment Management. Log in and add Walter Investment Management (WAC) 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 [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 [ Back To TMCnet.com's Homepage ]