SSS moved to a new high on about twice average volume. I noticed Public Storage (PSA) and the Vanguard REIT Index fund (which is the major way I have exposure to REITs) at new highs too. Sovran has a tiny float (16.5MM shares) and trades only 50,000 shares a day on average, so it’s super-thin. But I like the move above round-number $50, so I decided to feature it.

Sovran Self Storage, Inc. operates as a real estate investment trust (REIT). It acquires, owns, and manages self-storage facilities throughout the United States. As of March 1, 2005, it owned and/or managed 272 properties under the name of ‘Uncle Bob’s Self-Storage’ in 21 states. The company was founded in 1982 and is headquartered in Buffalo, New York.

Trident Microsystems, which I featured last December when it broke out, continues to continue. It’s up nearly 50% since I added it to my Watchlist at stocktickr, making it one of the top ten best performing picks there. (I still have a few invites left, so if you want to join stocktickr, be my guest.)