Showing posts with label penny stocks. Show all posts
Showing posts with label penny stocks. Show all posts
Friday, June 17, 2011
Avoid penny stocks and those with recent splits
Currently trailing DJIA by ~150%. The top contributors to the negative performance vs DJIA are ORS with 100% and WEST with 45%. ORS is as wild a story as it gets (up as much as 200% earlier) and makes for good reading material. WEST on the other hand is due to splits - see separate posting on splits. WEST split 1:4 on 4/14/11 causing the unadjusted price in the weeks prior to the prediction to go from ~0.5 to ~2.0 which the system sees as unsupported by fundamentals and expecting a sharp reversal hence the negative prediction.
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