Silicon Investor (SI) -- The First Internet Community

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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (47127)	4/4/2002 4:46:35 PM
From: brightness00	Read Replies (1) \| Respond to of 99280

TYC made terrible spill back in late '99, losing nearly two thirds of its then value, then proceeded to make new high after half a year.

To: TREND1 who wrote (47127)	4/4/2002 4:53:14 PM
From: Ibexx	Respond to of 99280

Larry, May I offer an example? IBM declined steadily during the early 1990s, reached a trough (adjusted stock price under 10) in April, 1997. The stock then turned around and climbed more than 15 times in the next 27 months to top 150. I wish I had caught a falling knife then....in this particular case. stockcharts.com[m,a]waclyyay[d19961001,19991001][p][vc60]&pref=G Ibexx

To: TREND1 who wrote (47127)	4/4/2002 4:57:14 PM
From: Mike Ankley	Read Replies (1) \| Respond to of 99280

Larry - are these 2 examples? MO - Philip Morris went from 60 to 19 in about a year, then nearly recovered it all back, bouncing up to 55 in about another year. EMLX - between April 2000 - April 2001, dropped from 110 to 20, then bounced all the way back form 20 to 110 - and of course has bounced between teens and high 40s ever since. Mike

To: TREND1 who wrote (47127)	4/4/2002 5:01:14 PM
From: J L Segal	Respond to of 99280

Larry, look at SCUR. The drop was from $29 to $2, back to $29 in about 1 year: Jan '99 - $29.00 Jun '99 $2.25 Jan '00 $19.37 Mar '00 - $29.62 FWIW, I enjoyed the ride - it was one of my best performers. I was tempted to get in it today when it dipped to $14. SCUR is an excellent example of a successful turnaround - thanks to top mgt. JLS

To: TREND1 who wrote (47127)	4/4/2002 6:00:16 PM
From: Dave Gore	Read Replies (1) \| Respond to of 99280

Larry, do you mean post -January effect? I mean lots of stocks tanked in 2001, then rebounded fiercely in October - January. SONS, a pretty low-life company now went from $3-8. Hundreds did in early 2002 and then fell back again. I guess you must be looking for stocks that once were $40 or $50 that tanked to $5-10 or so and then came all the way back. CHART OF EMLX: bigcharts.marketwatch.com EMLX is one good example of that. It went from $40 to $9 and then back to $50. Now around $32 of course.

To: TREND1 who wrote (47127)	4/4/2002 7:09:35 PM
From: Jack Hartmann	Respond to of 99280

PG or Proctor and Gamble collapsed heavily in March 2000 when it missed earning. $90 to $53. A year later it was $80. Now near $89. EBAY in Oct 2000 was $60 went to $30 a month later and back to $60 within a year. Jack

To: TREND1 who wrote (47127)	4/4/2002 9:39:49 PM
From: Hobie1Kenobe	Respond to of 99280

Larry, I bought couple hundred shares of STEC near the IPO at 9.60. It traded down to almost a dollar and is now back at 9. Nasty round trip.........

To: TREND1 who wrote (47127)	4/5/2002 12:33:34 AM
From: Sam Raven	Read Replies (2) \| Respond to of 99280

In just the last few weeks I read somewhere about research which showed that out of all the stocks that drop into the 10 dollar range, only 3% of them ever go back over...did anyone else read that somewhere? I'd sure like to look into that more, cause it is hard to believe. However, we don't even screen for stocks under 10 for breakouts, and under 12 otherwise, because experience has had its influence. But you always hear about these great recovery stocks that do come back, and looking at some of the great companies with stocks under 10 now, it is hard to imagine some of those not coming back. If that research is correct, the risk is too high to trade long those stocks under 10, and that is where a list of shorts should come from. Sam