Talbots (TLB) NewsBite - One Of Today's Top Losers

Posted: Thursday, November 19, 2009 2:17 PM EDT

Talbots (TLB) leads the list of top losers so far today and is now at $7.34, down $0.78 (-9.61%) on volume of 585,631 shares traded. Over the last 52 weeks the stock has ranged from a low of $1.19 to a high of $12.00. Talbots stock has been showing support around $7.77 and resistance in the $8.51 range. Technical indicators for the stock are bearish and S&P does not currently have a STARS rating for TLB. If you are looking for a hedged play on TLB the stock seems like it could be a candidate for a February out-of-the-money bear-call credit spread above the 10 range. [ABR-Seven Summits Strategic Investments NewsBite]

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