Its Over, page-224

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    Since the early part of this year, I have cautioned that with exuberance evaporating, we could be experiencing a more challenging trading environment for some of my highlighted tech microcaps as there would be a Flight to Quality.

    You just have to look at the 1 year charts for EDE, SAS, IOT, CIO and OOK (all have been featured previously in my posts) and they all look pretty much like EDE. Then look at 1 year charts for BUD, YOJ, FZO, 9SP and CM8 and you can see they are looking to mimic EDE's south bound chart (there would be the occasional knee jerk price rise that is not sustained).

    After that, look at RNT (Rent.com)'s 5 year chart - all the above stocks could well trade like that (RNT) in the longer run. And you could end up with 'dead stocks' continuing to hold as there is opportunity costs involve in holding on to poor performing stocks.

    Some improvement seen with covered stocks in particular SKF, 4DS, PPS and A2M, after a difficult day yesterday.

    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Column 9 Column 10 Column 11 Column 12 Column 13 Column 14 Column 15 Column 16 Column 17 Column 18 Column 19 Column 20 Column 21 Column 22 Column 23 Column 24 Column 25 Column 26 Column 27 Column 28 Column 29 Column 30 Column 31 Column 32 Column 33 Column 34 Column 35 Column 36 Column 37 Column 38 Column 39 Column 40 Column 41 Column 42 Column 43 Column 44 Column 45 Column 46 Column 47 Column 48 Column 49 Column 50 Column 51 Column 52 Column 53 Column 54 Column 55 Column 56 Column 57 Column 58 Column 59 Column 60 Column 61 Column 62 Column 63 Column 64 Column 65 Column 66 Column 67 Column 68 Column 69 Column 70 Column 71 Column 72 Column 73 Column 74 Column 75 Column 76 Column 77 Column 78 Column 79 Column 80 Column 81 Column 82 Column 83 Column 84 Column 85 Column 86 Column 87 Column 88 Column 89 Column 90 Column 91 Column 92 Column 93 Column 94 Column 95 Column 96 Column 97 Column 98 Column 99 Column 100 Column 101 Column 102 Column 103 Column 104 Column 105 Column 106 Column 107 Column 108 Column 109 Column 110 Column 111 Column 112 Column 113 Column 114 Column 115 Column 116 Column 117 Column 118 Column 119 Column 120
    0 COVERAGE DATE STOCKS PRICE ON COVERAGE DATE PRICE @CLOSE GAIN%
    8/8
    SFC $ 15.050 $ 15.000 -0.3%
    6/8
    CGL $ 7.080 $ 7.000 -1.1%
    31/7
    MYE $ 1.180 $ 1.390 17.8%
    30/7
    MP1 $ 4.370 $ 3.970 -9.2%
    26/7
    SKF $ 0.150 $ 0.190 26.7%
    24/7
    ZEN $ 1.060 $ 0.950 -10.4%
    23/7
    CXL $ 0.630 $ 0.840 33.3%
    17/7
    COE $ 0.445 $ 0.465 4.5%
    13/7
    SHL $ 26.500 $ 26.250 -0.9%
    29/6
    BYE $ 0.340 $ 0.280 -17.6%
    28/6
    ATC $ 0.195 $ 0.170 -12.8%
    18/6
    A2M $ 10.780 $ 10.090 -6.4%
    18/6
    CGC $ 8.750 $ 8.190 -6.4%
    14/6
    NZK $ 2.240 $ 2.600 16.1%
    4/6
    BUB $ 0.830 $ 0.625 -24.7%
    15/5
    SW1 $ 0.410 $ 0.405 -1.2%
    14/5
    RHC $ 65.420 $ 54.440 -16.8%
    9/5
    FYI $ 0.145 $ 0.084 -42.1%
    3/5
    4DS $ 0.057 $ 0.082 43.9%
    2/5
    PME $ 8.150 $ 8.500 4.3%
    1/5
    TTT $ 1.540 $ 2.200 42.9%
    30/4
    CTD $ 24.880 $ 28.690 15.3%
    18/4
    CLV $ 1.030 $ 1.430 38.8%
    18/4
    VIV $ 0.054 $ 0.041 -24.1%
    11/4
    APX $ 8.820 $ 11.060 25.4%
    11/4
    BHP $ 29.440 $ 33.795 14.8%
    11/4
    PPS $ 0.595 $ 0.915 53.8%
    11/4
    PTB $ 0.545 $ 0.640 17.4%
    Return @
    5.87% assuming @ $1k even per stock  
 
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