The Stockfather Reports Unusual Trading Activity on Horizon Lines Inc. (HRZ)
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  • The Stockfather Reports Unusual Trading Activity on Horizon Lines Inc. (HRZ)

    (EMAILWIRE.COM, October 14, 2011 ) Chicago, IL -- The Stockfather has released its stock to watch for Friday. It is Horizon Lines, Inc. (NYSE: HRZ).

    According to The Stockfather, a stock market research site and newsletter, Horizon is on the watch list due to unusual trading activity.

    Shares of HRZ closed on Thursday at .3201, up .0051 or 1.6 percent on volume of 1,117,297. The 52-week range for HRZ is 0.25 to 5.95.

    There was unusual trading activity on HRZ in after hours trading as the stock traded down over 20 percent.

    Published reports stated Thursday evening that HRZ is on a list of “threshold securities” from the New York Stock Exchange, published daily in compliance with the U.S. Securities and Exchange Commission.

    According to the report, the threshold list consists of stocks for which sellers failed to deliver 10,000 shares or more in the past five trading days and the level of “fails” is a minimum of 0.5 percent of the shares outstanding.

    The Stockfather says HRZ is definitely one to watch in the coming days due to its share price, other recent news events and trading activity.

    About Horizon Lines, Inc:

    Horizon Lines, Inc. states on its web site (http://www.horizonlines.com) that it is the nation's leading domestic ocean shipping and integrated logistics company. The company further states that it owns or leases a fleet of 20 U.S.-flag containerships and operates five port terminals linking the continental United States with Alaska, Hawaii, Guam, Micronesia and Puerto Rico.

    The company also reports that it manages a domestic and overseas service partner network and provides integrated, reliable and cost competitive logistics solutions.

    The Stockfather publishes a newsletter to subscribers at http://www.thestockfather.com.

    About The Stockfather:

    The Stockfather searches the markets (from OTC to NYSE) for stocks positioned to make big gains. Stocks and companies are featured on the The Stockfather web site and e-newsletter.

    Disclaimer:

    For this particular news release, The Stockfather was not paid to profile the company(ies) or stock(s) mentioned. The Stockfather is not a registered investment advisor. Investors are responsible for doing their own research and obtaining professional investment advice. Investors should visit www.thestockfather.com for further disclosure information.



    The Stockfather
    Editor
    312-473-5916
    thestockfather@gmail.com

    Source: EmailWire.com

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