According to a study that tracked more than 5,000 orphan stocks (stocks that trade under $5) over the course of 11 years, these unloved babes have less than a one-in-eight chance of recovering to above $10. Ever.
Interesting article. It seems to reinforce many of the issues I have with the Marketocracy mutual fund. Many of that fund's holdings are below $10 per share, and many are at or below $5 per share.
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Interesting article. It seems to reinforce many of the issues I have with the Marketocracy mutual fund. Many of that fund's holdings are below $10 per share, and many are at or below $5 per share.
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