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(EMAILWIRE.COM, November 10, 2011 ) Chicago, Ill. -- Here's a look at stocks that are expected to bounce Thursday as reported by The Stockfather.
According to The Stockfather web site and newsletter one of those stocks is IntraLinks Holdings (NYSE: IL).
On Wednesday, shares of IL closed at 5.50, down 3.29 or a whopping 37 percent. It also hit the 52-week low in the process following reports of a poor outlook.
This could be an over-reaction as the year high for IL is over 32 dollars.
Other stocks that The Stockfather expects to bounce in the coming days is Dex One (NYSE: DEXO). Shares are down over 40 percent since last week when it hit 1.40. It closed Wednesday at .85.
Targacept, Inc. (Nasdaq: TRGT) is another stock to watch for a bounce, The Stockfather says. TRGT is down over 60 percent since Monday. It is currently at 7.74 with a 52-week high of 30.47.
The Stockfather publishes a newsletter to its subscribers at http://www.thestockfather.com.
About The Stockfather:
The Stockfather searches the markets (from OTC to NYSE) for stocks positioned to make big gains. Stocks and companies are featured on The Stockfather web site and e-newsletter.
Disclaimer:
For this news release, The Stockfather was not paid to profile the company(ies) or stock(s) mentioned. The Stockfather does not own any shares of the stock(s) mentioned. The Stockfather is not a registered investment advisor. Investors are responsible for doing their own research and obtaining professional investment advice. Investors should visit www.thestockfather.com for further disclosure information.
The Stockfather
David Conway
312-473-5916
contact@thestockfather.com
Source: EmailWire.com
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