Broader market is going to tank in the coming days, overvalued?, YES!. What's this have to do with STTK?, well, the majority of the time, a broader market sell off causes investors to seek undervalued stocks in the markets elsewhere. Many times in the past I've seen a declining broader market benefit the small caps by a redistribution of capital into undervalued small caps stocks. This could benefit STTK and other undervalued small caps. With the recent downturn in new home sales, building permits and new home starts, this too can benefit the small caps as there is a sign that the real estate market recovery is stalling. The small caps started their decline back in early April so they have been on the decline for over two months now. As soon as the shakeout and consolidation in the small caps ends, they will make there turn and head back up as the broader market continues it's decline. All in all, will this benefit STTK?, your guess is as good as mine, but one thing is for sure, there is going to be a lot of money on the sidelines soon and investors will be seeking a place to reinvest it...
STTK