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The Microcap Speculator submits: Advocat Inc. (ticker: AVCA.ob) looks poised to retest its 52-week high around $5.50. My guess is that breaks through rather easily. Thanks again to reader Phil G. who brought this to our attention about $.90 ago.

DISCLOSURE: I am long AVCA.OB. Not a recommendation to buy or sell any security. For informational and educational purposes only.

AVCA 1-Yr Chart

Source: A New 52-Week High for Advocat? (AVCA)