Seems thestreet.com only added fuel to the ADSX fire Take a Pass on Applied Digital
By TSC Investment Team 12/9/2004 10:08 AM EST
There are a lot of great stock plays in the Under $10 space that we examine every day, and we are always on the look out for new names that bring value to our model portfolio. But from time to time, our search for the next big winner uncovers a stock that could destroy your performance, and bring you a lot of heartache along with it.
We have found one of these potential disaster stocks in Applied Digital Solutions (ADSX:Nasdaq - commentary - research), and we would be sellers of the stock here at $6.88 a share, near its 52-week high.
The white man seeks to conquer nature, to bend it to his will and to use it wastefully until it is all gone and then he simply moves on, leaving the waste behind him and looking for new places to take. Chiksika (Kispokotha Shawnee),March 19,1779