Bottoming POS plays

    Posted by matt on 19th of Sep 2012 at 11:21 pm

     I have a pretty good bottoming stock scan that finds stocks in basing patterns, back in June, July even Aug it was returning 50 - 70 stocks and now spits out only about 5 or so, now since everything as rallied, only the POS stocks remain, the real crap - here's a few that look like they could pop for a trade soon or later, but again their real POS, only trades.  

    EDMC - Chart Link -

    GRPN - Chart Link

    ZNGA - Chart Link

    What's POS? Is that a

    Posted by payday on 19th of Sep 2012 at 11:22 pm

    What's POS? Is that a sector that I haven't heard of?

    piece of sh*t stocks

    Posted by 8899 on 20th of Sep 2012 at 06:22 am

    LOL - here am I

    Posted by payday on 20th of Sep 2012 at 06:53 am

    LOL - here am I thinking Matt was referring to point of sale stocks which made absolutely no sense!

    yes I meant bottom plays

    Posted by matt on 20th of Sep 2012 at 09:32 am

    yes I meant bottom plays technically that could bounce, but POS stocks fundamentally - even dead cats bounce if you throw them down on the ground hard enough

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