energy ACI BTU JRCC (too cheap to short, too little return on puts) ANR retail MSO JCP SHLD transportation DRYS YRCW NAV CHK technology BBRY NQ (assuming the muddy report is true) anyone have others they want to add to the list?
Do you really think DRYS is in danger of going under? That would surprise me in a time of rising freight rates.
I've been learning to trade stocks priced less than $10, and from what I have seen by back testing, a larger than random number of companies whose stock sells for less than $5/share tend to "disappear," i.e. go out of business or are forced to look for an acquirer in order to continue. I have some penny stock dvds from 2007-8, and so many of the tickers used as chart examples have since ceased to trade. That doesn't mean you cant make money trading them in the meanwhile, but it sure does warn one from taking a long term "investment" stake in any cheap stock.