MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Haim R. Branisteanu who wrote (74297)	4/5/2001 11:02:03 PM
From: puborectalis	Read Replies (1) of 99985

Thomas Watts, Merrill Lynch Watts did a study of stocks that fall under 10. The majority do not rebound, but those that do seem to have very large growth. Going back to 1985 and looking at over 1900 tech stocks, on average, only 3.5% of the stocks that fell into single digits got back to $15 or above before the end of the year. However, after the biggest downturns, the biggest upturns follow. Those stocks that rebounded usually had a rebound of about 180% within 12 months. So the returns can be large for picking single digit stocks. Most stocks that fall below ten are ultimately bought out or go out of business. He bases his ratings of these stocks on how much cash they can get, because they tend to be cash squeezed. If LU can get through this cash squeeze, it could be set for a rebound. Watts' Rebound Picks: EXDS DIGX Watts recommends staying away from the following single digit stocks, thinks they are on the way out: SWS NAVI INAP MCOM Watts thinks the future for the following single digit stocks is in the air: AKAM ISLD GBIX GENU USIX

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next