May 13th, 2009 - The Huffington Post
Hey, you don't need a 160 IQ to know that this is the wrong kind of market to mess with marginal stocks. Yet, there's been a sizable flight to the cheapies, notably those low-priced single-digit names that used to trade in the high double-digits -- the theory being a peppier economy will bail out all the losers.
Charles Biderman, one of Wall Street's leading liquidity trackers, characterizes the frenzied buying as "a mad dash for trash."
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May 8th, 2009 - The Huffington Post
Is the Wall Street game changing for the nation's more than 100 million stock players? Or put another way, are we nearing a stage where the "stuckholders" -- those investors...
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