I Like New 52-Week Highs, But...

There are some stocks in the GDT::Portfolio that are approaching new 52-week highs. I like new 52-week highs. The problem is that some of these new 52-week highs are approaching only because the existing 52-week highs are decreasing while prices are staying flat.

Let's use iParty (IPT) as an example. In one month, IPT's 52-week will drop from $0.28 to ~$0.20. Right now (7:00am MST on 02012.06.28) IPT is at $0.22.