|Day Low/High||1.88 / 1.97|
|52 Wk Low/High||1.60 / 7.22|
Traders savvy enough to trade low-priced stocks with discipline and sound risk management are banking ridiculous coin on a regular basis.
The Company Suspends Rights Offering Pending Modification
Regardless of the reason behind it, when a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits.
Shares of Motricity (Nasdaq:MOTR) were gapping down Friday morning with an open price 16.7% lower than Thursday's closing price. The stock closed at $1.32 yesterday and opened today's trading at $1.10.
These low-priced stocks could pop huge once tax-loss-related selling is over.
I am monitoring a pair of putrid tech names and setting up a short-term TLT trade.
Motricity (Nasdaq:MOTR) hit a new 52-week low Thursday as it is currently trading at $1.78, below its previous 52-week low of $1.85 with 134,698 shares traded as of 9:55 a.m. ET. Average volume has been two million shares over the past 30 days.
TheStreet Ratings released initial ratings on 11 U.S. common stocks in the first two weeks of August. Six of these stocks start out at 'sell' and five earned a recommendation of 'hold' from our stock model.
These stocks look poised to break out and trade higher from current levels.
Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and enforcement of federal antitrust laws, is investigating potential wrongdoing at Motricity, Inc.
Seattle-based Hagens Berman Sobol Shapiro LLP today announced that it has filed a class-action lawsuit against Motricity Inc.
Harwood Feffer LLP announces that a class action lawsuit has been commenced in the United States District Court for the Western District of Washington on behalf of purchasers of the common stock of Motricity, Inc.
These stocks look to be setting up to break out and trade higher from current levels.
Motricity and Cree were among the stocks seeing heavy trading interest in Tuesday's after-hours session.
Cramer explains why it is important to know what the big hedge funds and mutual funds consider cheap, and why Netflix and Amazon are good value plays now.
Cramer advises investors to be nimble as the economy appears headed toward a soft patch.
Cramer says investors should take time to scale back on over-extended stocks and move into stocks that have been artificially depressed.
Northern Oil and Gas, Continental Resources and Chesapeake Energy are in a group that Cramer calls 'dynamite.'