InvestorsHub Logo

Monksdream

04/16/24 4:32 PM

#2043 RE: Prudent Capitalist #2042

Today, over 300 new 52 week lows
This happens when even the quality issues get sold down
Most of the new lows, like 75%, are in the NASDAQ third tier, which is mostly high risk to the point of being junk, the sole purpose of which is insider enrichment
Not all high spec companies seek to sell a solution to a problem
Some seek to solve a problem that doesn’t exist