All of the stories you’ve ever read about in the journal of men who’ve made fortunes in the market revolve around a singular trend: buying stuff no one else wants for pennies on the dollar, then selling it later on when everyone wants it for absurd premiums.
Using the powerful screening tools of The PPT, I put together a list of under performers that might offer outsized gains. Or, they might wash away with the sands of time. It’s high risk/high reward, son.
NOTE: Debt/equity levels above 4 suggests the company is in dire straights, financially. It’s not the entire picture. But, generally speaking, companies with high debt/eq ratios and dead stock prices are heading towards $00.00.
(Stock, 3 yr return, debt/equity ratio)
WLT, -97%, 20x
MCP, -96%, 4.6x
ANV, -94%, 2.5X
AVEO, -94%, 0.28X
SWSH, -94%, 0.09X
ANR, -91%, 7X
DNDN, -91%, 3.6X
WAVX, -89%, 0X
IAG, -89%, 0.7X
TRGT, -87%, 0.01X
ONE, -86%, 0.9X
CLF, -82%, 2.4X
CETV, -81%, 2.6X
WPRT, -80%, 0.2X
ARO, -78%, 0.6X
JCP, -77%, 2.3X
BTU, -76%, 2.1X
KEG, -76%, 1.4X
FRO, -74%, 7X
ARCO, -71%, 0.9X
PWE, -69%, 0.9X
EXK, -67%, 0.08X
PRGN, -67%, 2.3X
Let me know if you have a preference. For members, the full list is here.
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The Fly is God.
Bought more KEG today,what can I say, 9 dollar stock for 3 and change, I’ll take it
I just can’t see any scenario in which JC Penney comes back.
Their customer is buying name brand items at TJ Maxx/Marshall’s for the same price or less.
Long 2016 bankruptcy puts.
JCP internals are firming. The new CEO was a fucking boss at HD.
The amount of cash they’ve thrown in the garbage can and lit on fire is downright impressive.
BTW: I was short JCP from the Ackman days all the way down from $20.
Agree. The brand is already damaged beyond repair.
I like $ETAK’s chart. I bought some $ESI today.
Old timey deep value portfolio manager:
https://www.youtube.com/watch?v=zh4cx1Z42qo
Is that GPRO a buy a Hail Mary? I’m still holding but not many seem to be buying into earnings due to the high risk.
Probably going to be a stocking stuffer this year.
Thanks Obama.
Alternatively, you can lever up using options on a less risky company (ie, like Bruce on AMZN puts).
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Fly … just curious …
Have you ever been approached, cajoled or offered compensation to promote any particular stock ?
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Again, just curious !
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… in exchange for stock … or, otherwise ?
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Alf
No. I think people are afraid to email me.
SWSH and AVEO intriguing based on a quick look.
Nice Post FLY.
The USA is quickly going down the drain domestically and internationally, yet the ignorant Masses chant JETS-JETS-JETS! Ladies and gents, now you know how Rome fell
I would guess that investing in companies that are sick requires a person who is very patient and doesn’t despair easily. Does the PPT have tools that are helpful for looking at IPOs?
yes