SGY Stone Energy Breaks $9 Resistance on Q2 Earnings

Stone Energy (SGY)

Stone Energy (NYSE:SGY) was up just over 20% today after beating Q2 Earnings, breaking the $9 resistance level on very impressive volume to close the day at $10.86/share.  Looks like one of the big mutual funds may have been picking up some shares today with over 6 million shares traded.

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