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It is back to school season and that |
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and that means clothing retailors. |
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Released on Wednesday, August 31, 2011, 8:00 AM ET
Pittsburgh, PA (SpeculatingStocks) - Hot Topic a teen clothing and accesory retailor with stores in malls across the country. HOTT is generating buzz as it has reached a new 52-week high level.
The stock is receiving a boost with back to school season. HOTT is an interesting opportunity at this time
as investors are coming back onto the stock.
Interesting enough, a firm named Gradient has upgraded HOTT from a Sell to a Hold.
HOTT is trending, moving higher seven of the past eight trading days. Insiders purchased the stock heavily back in April and May with some heavy investments as high as $1.9+ million. The investments ranged between the $5.95 and $7.28 a share price points.
Track stocks reaching new 52-week highs within the "New 52-Week Highs" section of the SpeculatingStocks.com Stock Buzz page.
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