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Author Topic: stocks that crashed to their 52wk low
jdizz
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i have been making mony when i buy stocks when they are at their 52 wk low. dont know if thats smart or not, but ive been pretty successful at it.. maybe yall do the same thing? well jsut figured id post this to see if other people do the same and post their picks at the 52wk low.. thanks

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dont make yourself loose money in a stock that you had a resonable profit in

Posts: 520 | From: houstonTX | Registered: Oct 2008  |  IP: Logged | Report this post to a Moderator
jdizz
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amfi possible comeback?

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dont make yourself loose money in a stock that you had a resonable profit in

Posts: 520 | From: houstonTX | Registered: Oct 2008  |  IP: Logged | Report this post to a Moderator
BooDog
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quote:
Originally posted by jdizz:
i have been making mony when i buy stocks when they are at their 52 wk low. dont know if thats smart or not, but ive been pretty successful at it.. maybe yall do the same thing? well jsut figured id post this to see if other people do the same and post their picks at the 52wk low.. thanks

depends on why it's there right? Usually there is a bounce but for maybe only a few minutes.

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All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

Posts: 7800 | From: Virginia | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
BooDog
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quote:
Originally posted by jdizz:
amfi possible comeback?

I'll be adding this to my fin list Jdizz. Looks like it had a couple good days there then "poof"! right back under that 50 day moving average.

financials are still quite a gamble out there but who knows.

...Two troubled banks among the 10 largest are Corus Bank NA, the main unit of Corus Bancshares(CORS Quote), and AMCORE Bank NA, held by AMCORE Financial(AMFI Quote). Both have E-minus (very weak) financial-strength ratings.
http://www.thestreet.com/story/10557241/2/illinois-banks-fail-at-fast-rate.html

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All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

Posts: 7800 | From: Virginia | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
jdizz
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thanks boo

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dont make yourself loose money in a stock that you had a resonable profit in

Posts: 520 | From: houstonTX | Registered: Oct 2008  |  IP: Logged | Report this post to a Moderator
BooDog
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Here's my fin list. I was really hoping we would have seen lows closer to March before many started taking back off again but oh well. These aren't buy recommendations, and some of these still may be taken over by the fdic or go totally out of business.

http://finance.yahoo.com/q?s=ABK+ACE+AGO+AIG+ALL+AMFI+ARE+AYR+AWBC+CB+CINF+CLP+C NA+CNB+CRBC+DLR+EWBC+FIC+FNB+FMD+FNM+FRE+GFG+HIG+IMGN+MBI+MGI+MI+MORN+PMI+RDN+RF +SLM+WDR&d=t"

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All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

Posts: 7800 | From: Virginia | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
jdizz
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sweet deal

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dont make yourself loose money in a stock that you had a resonable profit in

Posts: 520 | From: houstonTX | Registered: Oct 2008  |  IP: Logged | Report this post to a Moderator
jdizz
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GFG at .22 looks ok to me.. at least a good flip stock..

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dont make yourself loose money in a stock that you had a resonable profit in

Posts: 520 | From: houstonTX | Registered: Oct 2008  |  IP: Logged | Report this post to a Moderator
BooDog
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i'm watching S to see if it finds its support and as a possible pincher play.

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All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

Posts: 7800 | From: Virginia | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
BooDog
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NYSE Amex New 52-Week Highs And Lows
3 minutes ago - Dow Jones News


New Highs - 13

COMPANY SYMBOL HIGH VOLUME
------- ------ ---- ------
Abrdn AP IncFd FAX 5.99 503,105
ChEduAlliance n CEU 6.46 83,973
ChinaHldgAcq un HOLU 9.99 200
EvrgrnMSecFd s ERC 13.55 42,619
FrnklnStProp FSP 15.05 173,917
GoldenPondHlth GPH 7.84 161,700
HicksAcquUn TOHU 9.93 1,000
NRDC Acq NAQ 9.81 300
NeubrgrBrm NBH 13.45 7,742
NoAsiaInvest n NHR 9.54 800
OvertureAcq NLX 9.84 1,600,000
RelmWire RWC 1.98 33,590
SinoHub SIHI 3.85 3,700


New Lows - 1

COMPANY SYMBOL LOW VOLUME
------- ------ ---- ------
MercantileBcp MBR 4.00 17,920

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All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

Posts: 7800 | From: Virginia | Registered: May 2006  |  IP: Logged | Report this post to a Moderator
   

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