Archive for November 12th, 2008

Major Stocks Heading Under $10 (AEO, BCS, C, GLW, DRYS, IPAR, IPCS, LULU, LTD, OMTR, RSH, RGS, SCOR, LUV, SBUX, WFMI)

We have been amazed at how many stocks have been cut in half or more, but there is a new list for the wall of shame today.  We broke down 16 major household names into two lists so that it would not just go on and on, but here are the links to the full [...]

Severe Price Alert: JA Solar & Other Solars Now (JASO, CSIQ, FSLR, SOLF)

JA Solar Holdings, Co., Ltd. (NASDAQ: JASO) is down sharply this morning and this may spill over into other solar stocks even if it is isolated news.  The company posted a loss for the quarter on what it is blaming as exposure to Lehman.  Unfortunately it is also lowering itrs forecasts. At 8:33 AM EST [...]

Volume Up, Price Tank: Best Buy (BBY)

Best Buy, Inc. (NYSE: BBY) issued an earnings warning this morning.  You can read the full synopsis at 24/7 Wall St. At 8:21 AM EST we have seen almost 600,000 shares trade hands and shares are down 12.5% at $20.81.  Its 52-week trading range is $20.00 to $53.90, and its average volume is 9.3 million [...]