Don't dismiss the low priced stocks
Low priced stocks on shorter time frame can make bigger moves than high priced stocks.
When you hear things like only focus on high priced stocks or funds don't buy small stocks. Respectfully agree with the person (because there is no point in arguing with beliefs), but do your own digging.
Especially if you have small accounts, you would be giving up good opportunity by neglecting low priced stocks.
Here is a list of top 25 ranked stocks by 21 day momentum:
LIVE
PLUG
CHNR
ORMP
NBIX
ATHX
CRMD
ERB
EONC
ELMD
ROIAK
BLDP
SEED
IFON
FONR
YGE
CCIH
KNDI
DEJ
TNXP
IDRA
FEYE
TAOM
ZLCS
PAL
These stocks made biggest moves in last 21 days. Look at their starting price. And you can go back and see this data for last few months or years. You will see similar pattern.
Small stocks often move in 20 to 40% momentum bursts in 3 to 5 days.
1 comment:
Heard oft-repeated advert for LIVE on Sirius radio recently... With LIVE now over $9, buyer beware.
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