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2013/03/20

Back With a Vengeance

Wednesday, March 20, 2013

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Back With a Vengeance

 

by Rob Goldman

 

 

Some stocks are left for dead - and rightfully so. By and large these types of stocks are forgotten, derided and often sit and sit for years like a deep kick in the gut of investors' portfolios.  Frankly, I view these stocks in much the same way, even when they are high-profile equities. After all, why bother with a stock that isn't doing anything now and hasn't done anything for years?

 

For me, all of that changed on Friday, March 15, 2013. Beware the Ides of March? Heck, more like now that the Ides of March are here, things may be looking brighter for this particular sub-$1.00 equity.

 

In our Monday blog, we wrote about how the recent moves higher in the market are not really broad-based as evidenced by the lack of small stocks reaching new highs. One of the primary examples we used was the daily 52-week highs achieved by stocks that trade on the OTC Bulletin Board. On Friday, the new highs were thoroughly dominated by stocks associated with the Federal National Mortgage Association (OTCBB: FNMA - $0.66) and the Federal Home Loan Corp. (OTCBB - FMCC - $0.69).     

 

To read more click here >> or visit http://www.thestockjunction.com

 

 

Get Ready For Some Bargains

 

by Rob Goldman

 

 

If the stock market is going up why does it seem like I am not making any money?

 

This is a popular question asked by retail investors these days. After all, the large-cap indices seem to only move in one direction: up. We already passed the double-digit consecutive up days on the Dow Jones Industrial Average and are approaching another all-time high on the S&P 500 Index. Heck, even the Russell 2000 Index has shot up like a cannon since the beginning of the year.

 

Still, it does not feel quite right. For those who feel that they are not fully participating in the upswing, I understand their plight all too well ... especially if their portfolios are over-weighted in low-priced stocks. 

 

To read more click here >> or visit http://www.thestockjunction.com

 

 

 

 


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