Traders Avoid Down Stocks On Big Days (YRCW, HAYZ, HSII, PEP, KO, RACK, RBS)
Traders hate chasing losers. Frequently the worst calls on the street are the ones where traders chase losers when the broad market is up. Today there is a surprise drop in YRC Worldwide (NASDAQ: YRCW) down almost 8% at $5.45. Amazingly, that isn’t even a 52-week low. Fitch lowered the debt ratings and credit quality [...]
Today's Worst Gap-Downs
Below is a list of today’s worst performing stocks as of 9:40 AM EST: MIDWAY GAMES INC. (MWY) $3.17 (-$0.75; -19.13%) GLOBAL INDUSTRIES (GLBL) $9.23 (-$2.19; -19.18%) OTTER TAIL CORP (OTTR) $36.78 (-$7.94; -17.75%) RACKABLE SYSTEMS (RACK) $10.40 (-$2.15; 17.13%) HIMAX TECHNOLOGIES (HIMX) $2.92 (-$0.62; -17.51%) NUMEREX CORP. (NMRX) [...]
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