SI
SI
discoversearch

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 (47967)4/6/2002 4:12:46 PM
From: DebtBomb  Read Replies (1) | Respond to of 99280
 
Good article Larry, that's interesting. So many in single digits now. Some of them are probably toast.



To: TREND1 who wrote (47967)4/6/2002 4:35:35 PM
From: Jim Cash  Respond to of 99280
 
Thanks.. Very interesting but to my dismay there is no free lunch. For some reason I thought those stocks going under 10 only 3 % make it back over 10 but the number in the article is 15 so designing a system around it still is a challenge. But it is very interesting in that the universe of buyers shrinks as it dips below 10. Furthermore some mutual funds may become sellers keeping the pressure on the stock... As the stock sinks below 5 things really start to snowball as it is not marginable.. How many times have we seen a stock break 5 and within weeks see it at a deuce...



To: TREND1 who wrote (47967)4/7/2002 10:29:03 AM
From: Softechie  Respond to of 99280
 
From TC2000, there are 2406 companies with price < $10. 1343 < $5 and 307 < $1. Total companies 6147. So about 39.14% of companies < $10.