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[December 28, 2012]
Shares of Town Sports International Rank the Highest in Terms of Beta in the Leisure Facilities Industry (CLUB, RICK, ISCA, MTN, LTM)
Dec 28, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Leisure Facilities industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.Town Sports International ranks highest with a a beta of 1.4. Following is Rick's Cabaret International with a a beta of 1.1. International Speedway ranks third highest with a a beta of 1.1.
Vail Resorts follows with a a beta of 1.1, and Life Time Fitness rounds out the top five with a a beta of 1.1.
SmarTrend recommended that its subscribers protect gains by selling shares of Town Sports International on October 25th, 2012 by issuing a Downtrend alert when the shares were trading at $11.09. Since that call, shares of Town Sports International have fallen 7.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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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