Zeev's Turnips Patch-No Politics (ZEEV)

[wstera2]

12:40 ET Nasdaq smells of garbage : A huge disparity today on the Nasdaq between new highs (13) and new lows (97). However, a closer look reveals that there are few names of any significance to be found on the Nasdaq list of new lows. Biggest names are ERICY and PALM, both of which trade under $1 now. Most respectable name is PAYX. Many of the stocks distorting the Naz New high/low ratio are hype-era IPOs that are running low on cash and being left for dead. Among the more memorable names that can now be had for under $0.50 are CMRC (all-time high $165), PRSF (high $86), KOREA (high $84), SGNT (high $45).