Price/Volume Surge: Jupitermedia (JUPM)

Posted in General 
October 23rd, 2008

Jupitermedia Corp. (NASDAQ: JUPM) is seeing an exponential volume and price surge this morning before the open.  You can read the full details of its online media sale to getty for stock photos and more at 24/7 Wall St. but for day traders the important issue is the jump.  The compnay will continue to operate and will be debt-free.  Shares are now up more than 100% at $1.10 on more than 68,000 shares with two minutes to the market open.  Average volume is only 51,000 shares and the 52-week trading range is $0.39 to $5.99.

Jon C. Ogg

October 23, 2008

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