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IBDvalueinvestin (98.58)

$10/shr is both a Magic & Tragic number.



August 16, 2013 – Comments (2) | RELATED TICKERS: KKD , SONC , AAXN

Why, The Number is both Magic & Tragic?

Many Money Managers stay clear of stocks trading under $10/shr for obvious reasons, once shares of a company fall below $10/shr they turn into a tragic death spiral.  However Money Managers do take notice when shares of companies cross that $10/shr magic number on the upside.

A strong chart showing a steady climb towards $10/shr = Turnaround story, something at the company has turned around from Gloom to Bloom. these stocks are the ones that grab the most attention. Once they cross $10/shr new Money Inflows start to ramp up quickly and the shares make a new leg up into the teens.

But as always there are wolves in sheep clothing so don't be fooled by low float stocks that make one day wonder climbs above $10/shr only to fall back to the Abiss that is called Pennyland "Under $10/shr".






2 Comments – Post Your Own

#1) On August 19, 2013 at 7:56 AM, IBDvalueinvestin (98.58) wrote:

what has taser done to turn things around? how about a continuous revenue stream from logging police records in the clouds, read up on the camerams they are selling which record the video feed into the taser clouds. 

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#2) On August 20, 2013 at 12:29 AM, IBDvalueinvestin (98.58) wrote:

Cloud Computing for COPS.


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