Iamgold (IAG) NewsBite - One of Today's Top Gainers

Posted: Tuesday, November 03, 2009 2:30 PM EDT

Iamgold (IAG) leads the list of top gainers so far today and is now at $14.77, up $1.47 (11.05%) on volume of 5,499,629 shares traded. Over the last 52 weeks the stock has ranged from a low of $2.69 to a high of $15.86. Iamgold stock has been showing support around $12.43 and resistance in the $14.35 range. Technical indicators for the stock are bullish and S&P does not currently have a STARS rating for IAG. If you are looking for a hedged play on IAG the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 12.50 range. [ABR-Seven Summits Strategic Investments NewsBite]

Click Symbol For More News On: (IAG)