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24.4% Return Seen to Date on SmarTrend Potlatch Call (PCH)
Mar 07, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for Potlatch (NYSE:PCH) on August 17th, 2012 at $35.55. In approximately 7 months, Potlatch has returned 24.42% as of today's recent price of $44.23.
In the past 52 weeks, shares of Potlatch have traded between a low of $28.02 and a high of $45.82 and are now at $44.23, which is 58% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.6%.
Potlatch Corporation is a real estate investment trust that owns timberlands in Arkansas, Idaho, Minnesota and Wisconsin. The Company grows and harvests timber, as well as manufactures and sells wood products, printing papers, and other pulp-based products. Potlatch's timberlands and all of its manufacturing facilities are located in the continental United States.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Potlatch shares.Log in and add Potlatch (PCH) 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
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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
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