Maybe There's a Pony In There Somewhere?

Investing Strategies Abandoned Arctic Outpost #13
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A listing of some spectacular falls from grace during this reporting season:

  1. GTLB - Went from $44.60 to $28.22. Collapse of -36.7%

  2. PI - Went from $135.32 to $87.22. Collapse of -35.2%

  3. ENPH - Went from $224.60 to $155.42. Collapse of -30.1%

  4. NET - Dropped from $59.58 to $41.90. Collapse of -29.7%

  5. AYX - Dropped from $51.02 to $36.27. Collapse of -28.9%

  6. ANET - Dropped from $160.16 to $36.27. Collapse of -17%

  7. MBLY - Dropped from $43.09 to $36.09. Collapse of -16.3%

Some of these haven’t bottomed out just yet: they are just like in the cartoon where Wyle E. Coyote falls off a cliff but on the way down he latches onto a bush - that, slows pulls away sending him to the bottom. We know it’s the bottom because there is a loud sound and a puff of dust when he hits. Thats what I’ll be on the alert for here I suppose.

All the Best,

I am going to continue to update this list throughout earnings season unless I just don’t. But what I am interested in is whether there are any real live, genuine Phoenix candidates in the rubble.

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