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Saturday, 01/21/2012 5:01:49 AM

Saturday, January 21, 2012 5:01:49 AM

Post# of 38
KNM - Stock Investors Sell Off Shares of Konami, Down 2.3%
17 hours 58 minutes ago - Financial News Network Online - Market Movers via Comtex
Konami (NYSE:KNM) is one of today's biggest movers, down 2.3% to $25.32. The S&P is currently trading 0.3% lower to 1,311 and the Dow Jones Industrial Average is trading 0.4% higher to 12,678.

There is potential upside of 38.1% for shares of Konami based on a current price of $25.32 and an average consensus analyst price target of $34.97. The stock should find initial resistance at its 200-day moving average (MA) of $27.57 and further resistance at its 50-day MA of $29.22.

KONAMI Corporation develops and sells consumer video game software and arcade game machines for amusement facilities. The Company operates in the United States, France, Germany, the United Kingdom, Hong Kong, Singapore, Korea, and Brazil. Konami also develops liquid crystal display for Pachinko and manages amusement facilities.

In the past 52 weeks, Konami share prices have been bracketed by a low of $16.74 and a high of $37.22 and are now at $25.32, 51% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has declined 0.9%.

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GLTA
Bob

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