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Chart of the Day: Altria (MO)

Posted by Smart Trader on August 3rd, 2012

Altria has been a strong performer this year up 22% over the S&P 10%.  It continues to be a strong buy on most analyst and investors radars.  The stock has formed 2 bases in the last 6 months and each has resulted in a $5 move.

Well its coming out of a base again and it is in a prime positon to be a short squeeze candidate.  The short interest ratio is at 6.6 the highest it has been in 2 years.  If the stock continues on the same path its been on its could pop as shorts start to cover.

Crown Equity Holdings Inc. (CRWE)

One of the most obvious benefits of using Voice over Internet Protocol technology in business is the Internet provided telecommunications. This results in no fees related to long distance calling.

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The Food and Drug Administration is considering the health impact of dissolvable tobacco, leaving investors concerned that new regulations may hurt Reynolds American (NYSE: RAI). Shares in the tobacco giant dropped nearly 2.5% in early trading on Thursday.

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