Stocks Under $10, Squeezing Higher Thu Sep 6, 2012 12:52am 17 Courtesy of The PPT, here are heavily shorted stocks, trading under $10, with solid technicals. Everything is digitized, from moving averages to overbought/oversold ranges. That’s how I roll. Tweet 17 Responses to “Stocks Under $10, Squeezing Higher” theedge111 September 6, 2012 at 1:13 am Fly Don’t you think it’s fucked up that the fundamentals no longer matter? I long for the day where true stock pickers can make money regardless of long/short plays. Maybe that’s a pipedream as technology changes. . Watching these algos pick off people for no logical reasoning really pisses me off. I am long in areas like high yield debt that take advantage of 0 interst rates as well as divvy(grandpa) stocks. The rest of the high risk stocks can go fuck themselves as far as I am concerned. The Fly September 6, 2012 at 1:36 am In the long run, fundies matter theedge111 September 6, 2012 at 1:44 am Agreed. However, the algos make this ride a lot more bumpier than it needs to be. I’ll go to Vegas if I want to gamble short term. I guess it is what it is. Anyways, I’m off to eat 1,000 Denny’s grand slams in preparation for tomorrow’s trading. Sloop September 6, 2012 at 2:44 am The small penny stocks are the last to run before a large correction. As long is one is aware of that, whats wrong with making money. Usually I stay clear of them but I have been doing very well, as the more stable stocks are harder to trade right now. Sloop September 6, 2012 at 3:07 am However, you can get hurt when the train stops. its happened to me many a time Metalleg September 6, 2012 at 9:18 am MDHI. A penny for your thoughts. Cascadian September 6, 2012 at 9:38 am The shorts seem to be sophisticated players selecting companies likely to be overpriced and in decline. lol September 6, 2012 at 9:39 am I loved how Clinton was sucking up to Obama last night… metaphorically I think that makes him Obama’s Monica Cascadian September 6, 2012 at 9:56 am He’s a known liar. I don’t care to listen to the guy. jumpin joe September 6, 2012 at 10:18 am Wow! Someone is fuking serious about keeping this market up!! OMG! bleached asshole September 6, 2012 at 10:33 am That Fly, he wins again! L.K.W. September 6, 2012 at 11:06 am I think stocks, at least, should use a full company name, or at least a recognizable abbreviation for transparency, IMHO, or else I’m missing the original purpose behind creating an influence-peddling collective. Mr. Cain Thaler September 6, 2012 at 11:15 am Mario has given the market its sauce. However, it will serve to make things worse, before the end… Enjoy the holiday rally (3rd year running) TeahouseOnTheTracks September 6, 2012 at 11:22 am The promise of more sauce has kept the market rallying for years now … LOL … who cares when it doesn’t work until it doesn’t work. OG September 6, 2012 at 11:42 am In for a HOV squeeze. Earnings weren’t bad. razorsedge September 6, 2012 at 11:57 am a little tza L.K.W. September 6, 2012 at 12:44 pm I don’t know, but I’ve been told, some high-ranking business people appreciate amateur observations, and the concept of discussion for problem-solving, the smart ones, at least. Having said that, I’m not worried–least of all about the extended health benefits or risks to the grand old market–this statement is meant solely to be a stab in the hearts of the unworthy. Comments are closed.