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Hot Stock: Central European Distribution, Shares Gain 5.2% (CEDC)
[February 11, 2013]

Hot Stock: Central European Distribution, Shares Gain 5.2% (CEDC)

Feb 11, 2013 (SmarTrend(R) Spotlight via COMTEX) -- Central European Distribution (NASDAQ:CEDC) is one of today's best performing low-priced stocks, up 5.2% to $1.66 on 1.1x average daily volume. Thus far today, Central European Distribution has traded 904,000 shares, vs. average volume of 828,000 shares per day. The stock has outperformed the Dow (5.2% to the Dow's -0.2%) and outperformed the S&P 500 (5.2% to the S&P's -0.1%) during today's trading.

In the past 52 weeks, Central European Distribution share prices have been bracketed by a low of $1.46 and a high of $6.38 and are now at $1.66, 14% above that low price. The 200-day and 50-day moving averages have moved 2.31% lower and 0.85% lower over the past week, respectively.

Central European Distribution Corporation imports beer, wine, and spirits, and distributes domestic vodka on a nationwide basis in Poland. The Company operates regional distribution centers in major urban areas throughout Poland.

Potential upside of 33.3% exists for Central European Distribution, based on a current level of $1.66 and analysts' average consensus price target of $2.21. The stock should run into initial resistance at its 50-day moving average (MA) of $1.89 and subsequent resistance at its 200-day MA of $2.80.

SmarTrend recommended that its subscribers protect gains by selling shares of Central European Distribution on January 17th, 2013 by issuing a Downtrend alert when the shares were trading at $1.80. Since that call, shares of Central European Distribution have fallen 12.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

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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