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TMCNet:  Medifast Shares Up 57.1% Since SmarTrend's Buy Recommendation (MED)

[December 14, 2012]

Medifast Shares Up 57.1% Since SmarTrend's Buy Recommendation (MED)

Dec 14, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Medifast (NYSE:MED) on June 19th, 2012 at $19.47. In approximately 6 months, Medifast has returned 57.11% as of today's recent price of $30.59.

Medifast share prices have moved between a 52-week high of $32.64 and a 52-week low of $13.70 and are now trading 123% above that low price at $30.59 per share. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has declined 0.4%.

Medifast, Inc. combines physician-supervised weight loss programs with nutritional supplements and multidisciplinary patient education programs. The Company provides an Internet-based physician and medical practitioner network to consumers. Medifast also provides a corporate wellness program for large corporations, associations, and their health insurance carriers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Medifast shares.Log in and add Medifast (MED) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at:

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