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jibes

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jibes

Re: aim hier post# 11708

Sunday, 02/01/2004 11:57:15 PM

Sunday, February 01, 2004 11:57:15 PM

Post# of 47153
Cap

I have noticed the low priced stocks on the NYSE are more likely to go BK than those on the naz. The reason, I concluded was that a NYSE stock that sold for such a low price was there for a good reason. It was in trouble. I found this out when I had started tracking a list of low priced NYSE stocks and very soon after some were filing for BK! I have followed hundreds of Nasdaq lows and a very small percentage have gone away. They were always fairly low priced anyway.
Anyway, if your going to play the low priced issues be sure to have a very diversified port.

Jibes
TrendSeekers at:
http://homepage.mac.com/bondiblueone/trendseeker/index.html

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