Wednesday, September 8, 2010

Converted Organics

September 6, 2010



Shares of Converted Organics (NASDAQ:COIN) traded at a new 52-week low Friday of $0.37. Approximately 842,000 shares have traded hands Friday vs. average 30-day volume of 481,000 shares.Converted Organics closed at $0.4, approximately 30.5% below its 50-day moving average of $0.57. SmarTrend will be monitoring shares of COIN to see if this bearish momentum will

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