More Junior Company register 52 Week Highs – Nov 1, 2011

The stock market today Nov 1, 2011 saw more gains as 6 companies (4 Jr market) saw increased gains in their prices. Of significance are the Lasco stocks all registering their all time highs after being listed at $2.50 each. If you purchased the Lasco Distributors stock at $2.50 you would have seen a 476% return on your investment today (461% on Lasco Manufacturing)!

Desnoes & Geddes Limited hit its 52 week high after reporting a 10% Increase in Q01 2011/2012 Net Profit to JMD 125.67mm, Boosted by Reduced Marketing Costs as Net Sales Fell 2% to JMD 2.63B.

The stocks hitting their 52 week highs today were:

• Barita Investments Limited traded at its 52-week high of $3.90.
• Desnoes & Geddes Limited traded at its 52-week high of $5.00.
• Lasco Distributors Limited traded at its 52-week high of $14.40.
• Lasco Financial Services Limited traded at its 52-week high of $4.10.
• Lasco Manufacturing Limited traded at its 52-week high of $14.03.
• Blue Power Group Limited traded at its 52-week high of $5.71