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TMCNet:  Shares of DGSE Down 10.2% Since Downtrend Call on Shares

[December 10, 2012]

Shares of DGSE Down 10.2% Since Downtrend Call on Shares

Dec 10, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for DGSE Cos (NASDAQ:DGSE) on November 15th, 2012 at $6.13. In approximately 4 weeks, DGSE Cos has returned 10.20% as of today's recent price of $5.50.


DGSE Cos share prices have moved between a 52-week high of $10.53 and a 52-week low of $4.10 and are now trading 34% above that low price at $5.50 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

DGSE Companies, Inc. wholesales and retails jewelry, diamonds, fine watches, and precious bullion products to customers via traditional and Internet channels. The Company, through its Silverman Consultants, Inc. subsidiary, is a jewelry liquidation company. DGSE operates live Internet auctions.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of DGSE Cos.

Log in and add DGSE Cos (DGSE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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