This PowerRatings strategy we're going to take a look at how you can use PowerRatings to trade Low-Priced Stocks.
PowerRatings subscribers can access a list of the Top 10 PowerRatings Low-Priced Stocks.
The following list of low-priced stocks all had PowerRatings of 8 on 02/28/06:
ASE Test (ASTS), Ciena (CIEN), Qiao Xing Universal (XING), Bally Total Fitness (BTF) and Antigenics (AGEN).
We've also included the chart of the S&P 500 over the same period. As you can see, while these five stocks recorded good gains, the S&P 500 actually went down over the same 5-day timeframe.
Here's a chart (courtesy of www.stockcharts.com) that puts the performance of these five stocks versus the S&P 500 in perspective.
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Wednesday, November 14, 2007
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