News Update: Wet Seal, Inc. to Repurchase $25M in Shares

http://bit.do/dLv27 Secret sale page FxMath.
Shares of Wet Seal, Inc. (NASDAQ:WTSLA) were up 5% Wednesday morning after the retailer said that it would repurchase up to $25 million of its own shares, reports MarketWatch. SmarTrend alerted subscribers to take profits in Wet Seal on May 06, 2010 at $4.25, since then the stock fell 22.8%. We are now watching for any positive developments that could result in a new uptrend signal. Shares of the contemporary apparel and accessory retailer continue to trade up 2.51% at $3.27.