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.
17 Responses to Stocks Under $10, Squeezing Higher
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.
In the long run, fundies matter
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.
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.
However, you can get hurt when the train stops. its happened to me many a time
MDHI. A penny for your thoughts.
The shorts seem to be sophisticated players selecting companies likely to be overpriced and in decline.
I loved how Clinton was sucking up to Obama last night… metaphorically I think that makes him Obama’s Monica
He’s a known liar. I don’t care to listen to the guy.
Wow! Someone is fuking serious about keeping this market up!! OMG!
That Fly, he wins again!
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.
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)
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.
In for a HOV squeeze. Earnings weren’t bad.
a little tza
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.