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ValueClick (VCLK) NewsBite - VCLK Forecasts Revenue Below Estimates

Oct 28, 2009 (Fresh Brewed Media via COMTEX) --

Company: ValueClick Inc (VCLK)

ValueClick (NasdaqNM: VCLK) opened at $10.39. So far today, the stock has hit a low of $10.10 and a high of $10.62. VCLK is now trading at $10.58, down $1.91 (-15.29%). Over the last 52 weeks the stock has ranged from a low of $4.66 to a high of $13.94. VCLK shares are declining this morning after the company forecast fourth-quarter revenue of $128 million to $138 million, below analysts' forecasts of $142.11 million. Technical indicators for the stock are bearish and S&P gives VCLK a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on VCLK the stock seems like it could be a candidate for a March out-of-the-money bear-call credit spread above the 12.50 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

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News Provided by COMTEX

Company: ValueClick Inc (VCLK)


Related terms: forecasts, revenue, S&P

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