The 52 Week Low Challenge - Buy Low, Make £££££'s!

[simoan]

So, just for a laugh (and because I can) below is a list of FTSE All Share listed companies that closed today at their 52 week lows for those that like investing in dead cats. As a kicker, all are forecast to increase earnings in their next financial year end by the great and the good in the City of London. Miaow!

[dealtn]

So, just for a laugh (and because I can) below is a list of FTSE All Share listed companies that closed today at their 52 week lows for those that like investing in dead cats. As a kicker, all are forecast to increase earnings in their next financial year end by the great and the good in the City of London. Miaow!

Thanks. Hovering over the buy button. Now I just need you to advise

Be wary of stuff coming off of bubbles (DGE, REITs, MRNA, CRDA). I have a FastGraphs subscription so bubble stocks like these are abundantly obvious and easily avoided. Having said that they can still be profitable.
[*]Be wary of anything in a long term bear market. REMX (ETF rare earth metals) is a prime example, as are many of the green energy ETFs/stocks.
[*]Be wary of new stuff and unproven tech (e-vehicles, solar, wind etc. etc.). Google Lindy Effect investing.

Its a great strategy that passes all the backtesting if you exclude all the cases where it doesn't work. Tricky bit is doing that without hindsight.

[Gerry557]

TRIG was the one I was thinking about.

Im tempted but wasnt planning a buy as I expect a dip in the new year

[BullDog]

Direct question to the OP - @DrGuid - Have you any connection to the quoted book other than as a satisfied reader? Thanks.

Seems like our friend has lost interest

[doolally]

Direct question to the OP - @DrGuid - Have you any connection to the quoted book other than as a satisfied reader? Thanks.

Seems like our friend has lost interest

Waiting for the interest to hit a 52-week low
doolally

[spasmodicus]

TRIG was the one I was thinking about.

Im tempted but wasnt planning a buy as I expect a dip in the new year

Is it just coincidence that the list of dead cats includes three renewable energy punts, i.e. NESF, TRIG, ORIT? Investing in these would surely be putting one's trust in Ed Miliband, whose own nadir has arguably not quite been reached yet. Along with similarly orientated funds like GDIG and SDCL they trade at big discounts to their NAV, a discrepancy which suggests to me that the market disagrees with how their accountants evaluate their "assets".

S
(who owns some GDIG)

[BT63]

My experience is that anything that hits a new 52 week low (closing price, not intra-day) will probably make a series of even lower lows over the following months.

The opposite is also true: something that hits a new (closing price, not intra-day) will probably make a series of even higher highs over the following months.

[Gerry557]

TRIG was the one I was thinking about.

Im tempted but wasnt planning a buy as I expect a dip in the new year

Is it just coincidence that the list of dead cats includes three renewable energy punts, i.e. NESF, TRIG, ORIT? Investing in these would surely be putting one's trust in Ed Miliband, whose own nadir has arguably not quite been reached yet. Along with similarly orientated funds like GDIG and SDCL they trade at big discounts to their NAV, a discrepancy which suggests to me that the market disagrees with how their accountants evaluate their "assets".

S
(who owns some GDIG)

Arrh but .......

His plans apparently have us almost running out of power.

Once we run out we will all be clamering for more ........ genius