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TrendingWallStreet.com Initiates Volume Coverage on BAC, FNMA, MU, and LQMT

Friday, 22 November 2013 12:10 AM

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Bank of America Corporation (NYSE: BAC) shares closed up 2.97 percent yesterday and hit a new 52-week high of 15.60 during intra-day trading. The stock hit a mile stone on Thursday as this was the first time in nearly three years that Bank of America Corp. shares are trading at levels reminiscent of when Brian Moynihan first took over as CEO. The stock closed at $15.06 on Dec. 31, 2009, the day before Moynihan took office.

Get more information on Bank of America Corporation and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/BAC                   

Federal National Mortgage Association (OTCBB: FNMA) shares continued to trend even higher on Thursday and closed up 5.99 percent. The stock traded a little over 35 million shares yesterday. U.S. mortgage rates fell for the first time in three weeks. The average rate for a 30-year fixed mortgage dropped to 4.22 percent from an eight-week high of 4.35 percent, Freddie Mac said in a statement today. The average 15-year rate slipped to 3.27 percent from 3.35 percent.

Get more information on Federal National Mortgage Association and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/FNMA

Micron Technology Inc. (NASDAQ: MU) shares closed up 6.33 percent on Thursday with a little over 93 million shares traded. The stock traded in between 18.96 and 20.11 with 20.11 becoming a new 52-week high for the stock. Speaking at the Robin Hood Investors Conference Thursday morning, Greenlight Capital manager David Einhorn revealed he is long the semiconductor stock.

Get more information on Micron Technology Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/MU   

Liquidmetal Technologies Inc. (OTCBB: LQMT) shares closed up 12.70 percent on Thursday on a little over 6 million shares traded. Earlier in the week the company announced that it has signed a Sales Representation Agreement with Charles J. Librizzi Associates, a manufacturer’s representative based in Clinton Township, Michigan. Librizzi Associates represents manufacturers who are technology leaders in their respective fields to markets that demand innovative solutions.

Get more information on Liquidmetal Technologies Inc. and free access to the in-depth equity report at: www.TrendingWallStreet.com/stockquote/LQMT

Disclosure: TrendingWallStreet.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please read our report and visit our website, for complete risks and disclosures.

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