When the American Association of Individual Investors Vote, the Market Responds

The American Association of Individual Investors has a history of contrarian market response to its weekly sentiment gauge.  Money managers depend on this consensus.

Acme Packet (APKT) is currently trading at a price of $56.08, decreasing slightly by 0.60%.  The company opened this morning at a price of $57.02, trading at a volume of 2,040M and a market cap of 3.562B.  EPS is positive at 0.568, along with a Beta of 1.61. The company has been trading in the $55.90 - $59.00 range since opening today.  Acme Packet provides session border controllers (SBCs) that enable service providers, enterprises, and contact centers to deliver interactive communications and data services across Internet protocol (IP) network borders. Click here to learn more about the AAII weekly sentiment gauge.

Harmonic Inc. (HLIT) increased 4.56% to a price of $7.56 since opening today at a price of $7.25.  Harmonic faced a small deviation in its range, which consisted of the prices $7.23 - $7.65.  Volume for the company remained relatively high at 1,352M, its average volume being 795M.  P/E for the company stands at 75.31.  Harmonic broadcast and on-demand services that include: high-definition television, video-on-demand, network personal video recording, and time-shifted TV. Click here to read more about what the AAII weekly sentiment gauge means to your investments.

Flagstar Bancorp Inc. (FBC) shares were up by 0.03%, arriving at a price of $1.44.  Flagstar Bancorp Inc. opened this morning at a price of $1.1, trading in a range of $1.38 to $1.45 for the day so far.  Volume stands at 3,903M with a market cap of 387.8M and an EPS of -2.527.  Flagstar Bancorp Inc. offers consumer and commercial financial products and services to individuals, and small and middle market businesses in Michigan, Indiana, and Georgia.  Click here to learn more about the track record of the AAII weekly sentiment gauge.

Citadel Broadcasting Corp. (CDL) is currently trading at a price of $0.22, increasing slightly by 0%.  The company opened this morning at a price of $0.22, trading at a volume of N/A and a market cap of N/A.  EPS is $0. The company has been trading in the N/A range since opening today.  Citadel Broadcasting Corp. Citadel Broadcasting is the largest pure play radio company in the United States with 165 FM stations and 58 AM stations in more than 50 of the nation’s leading markets.  Click here to see which managers rely on the AAII weekly sentiment gauge.

Nordstrom Inc. (JWN) decreased 1.23% to a price of $41.66 since opening today at a price of $42.53.  Nordstrom Inc. faced a small deviation in its range, which consisted of the prices $ 41.36 - $42.53.  Volume for the company remained relatively low at 2,653M, its average volume being 3,171M.  P/E for the company stands at 16.96.  Nordstrom Inc. is a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for women, men, and children in the United States. Click here for more info about the AAII weekly sentiment gauge and what it means to market strategy.

LJ International Inc. (JADE) shares dropped by 2.42%, arriving at a price of $3.63.  LJ International Inc. opened this morning at a price of $3.78, trading in a range of $ 3.61 - $3.82 for the day so far.  Volume stands at 453M with a market cap of 90.2M8.334B and an EPS of 0.441.  LJ International Inc. designs, manufactures, markets, and sells precious and color gemstones, and diamond jewelry. Click here to read more about this contrarian indicator.