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Shares of Simclar (SIMC) Stock Surge

Posted by Blain Reinkensmeyer
May 1, 2006 at 1:51 am

Simclar Inc (SIMC) has been on a tear lately as investors have traded the stock up big time. Since mid April the stock has gone up over 150% and closed today at $9.53. Today was yet another heavy accumulation day for the electric contract manufacturer. Relative Strenght is currently a 99 and its accumulation distribution rating by IBD is rated an A+.