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 : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Carl Yee who wrote (1622)8/10/1998 7:06:00 AM
From: Q.  Read Replies (1) | Respond to of 2506
 
thread, re. Reverse Splits:

interesting article at stockdetective:
stockdetective.com

excerpt from story:

<<stocks that have recorded reverse splits in the first six months of this year shows they have not fared well. Of the 64 stocks reviewed by Stock Detective, 50 have lost ground compared to their pre-split price when that price is adjusted for the split. On average, the 64 stocks have declined 19 percent. >>

note the -19% average decline of the stocks in 6 months. This is just about as good a performance as I've seen for a mechanical short-picking method. I'm not sure how many of the stocks were actually shortable, or with what spread, though.