PLCM Surges Past $30, Stock up 6%

Blain Reinkensmeyer
Posted on Thu 14th Dec, 2006 10:03:37 AM

Keep a close eye on Polycom (PLCM) today, it is already up some 6% as it just shot out of the gates this morning. Volume on the stock is nearing 300,000 fast, and the stock has a current intraday high as of 10:02 AM of $30.55 which it looks to test again any minute now. Grabbing shares at $30 when the MACD is oversold (if your lucky) would be a steal price at this point in time. Watch this one closely.

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