Replies to post #43756 on Zeev's Turnips Patch-No Politics (ZEEV)

[XenaLives]

Once a stock went sub $5 in the past, it was the kiss of death.. I just wonder if that applies these days given how many stocks are trading there now : )

SEPR - a good example of a quick dip below $5.

[Cotswald]

re:PaulA--For short term bounce/recovery plays I prefer under $5,they bring-out the speculators&day traders.The kiss-of death refers to the fact that Mutual Funds don't like to be seen holding a sub $5 stock& will dump,but that creates an opportunity for a fast rebound based upon technicals and even fundamentals as the stocks often are being dumped considerable under book value...I don't like OMG that much because of the huge debt,but would average down on it based upon Zeev's opinions.played PDII w/zeev,it went to 4.17,back to 7.50,then down to 2.85 & now over $6.then there was AMD(Advanced Micro Devices)you may remember..but not looking for OMG to have that much potential in the short-term...if OMG is below $5 near the end of Nov.,wouldn't be surprised to see any mutual Funds still holding dump big time-but may offer a great buying opportunity...