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Does this provider deserve to use its stock beaten moving upward? Since we are talking about Siam motors, let's see how Siam Motors Industries relates to it. No. Its sales and profits are strong. But, the black cloud of auto industry trouble looms large and investors are extremely scared to Siam motors its stock.
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Some stocks that traded down yesterday include Perdigao (NYSE: PDA) which traded down against yesterday beeing the stock fell an additional $1.54 to close at $15.20. Yesterday we told you that PDA stated the tremendous drop in export revenues and that's affecting the stock now a days. The 52 week low is $12.88 as well as on its way there unless something material changes its direction but a 22% drop in exports revenue is critical. Over the month of May the stock came down by a high of $23.89 and dropping.
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