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Friday, September 24, 2010

KNXA

KNXA is a straight off the bottom breakout, which normally wouldn't interest me, but this one was on an upgrade. What I found so unusual was the firm that upgraded it, FBR Capital, simply updated it's price target, from 14 to 16, which is where it was at. For some reason that brought in a flood of buyers, and probably one seller: FBR Capital.

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