This thread has been created to help short term traders identify stock that have been destroyed overnight and may bounce quickly and make us all a couple thousand dollars in the meantime.
My justification for creating this thread is the fact that there have been several stocks getting killed in this market on earnings warnings, downgrades and many other factors. I have traded several stocks in the past three weeks and have put about $12,000 in each position and have return over 10% in a matter of hours.
Please post your picks! Picks that you think have been oversold, picks that have a conference call coming up that may help boost the drop in the stock, etc......
In all you may consider this a bounce thread, but in this market I think this could be an awful good strategy.
Please post your comments!
NASDBULL |