Bad Apples - 2017-05-17
zQuant
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Signals
Strong sell candidates identified by “Bad Apples” algorithm on Wednesday, May 17, 2017.
| Signal | Symbol | Score | Last Price |
|---|---|---|---|
| Sell | MNKD | 10 | $ 1.15 |
| Sell | GSAT | 5 | $ 2.26 |
| Sell | SORL | 4 | $ 5.59 |
| Sell | SNDX | 4 | $ 12.59 |
| Sell | MTBC | 4 | $ 1.95 |
| Sell | WSR | 3 | $ 11.05 |
| Sell | BEBE | 3 | $ 3.86 |
| Sell | RAD | 3 | $ 3.70 |
| Sell | DWT | 3 | $ 28.63 |
| Sell | AMD | 3 | $ 11.67 |
| Sell | XIV | 2 | $ 74.35 |
| Sell | RRGB | 2 | $ 68.60 |
| Sell | AEO | 2 | $ 11.40 |
| Sell | PLAB | 2 | $ 10.45 |
| Sell | SSYS | 2 | $ 28.28 |
| Sell | CETX | 2 | $ 4.03 |
| Sell | VRAY | 2 | $ 5.92 |
| Sell | HTZ | 2 | $ 10.17 |
| Sell | DDR | 1 | $ 8.80 |
| Sell | SVXY | 1 | $ 143.52 |
| Sell | NPTN | 1 | $ 8.41 |
| Sell | HLTH | 1 | $ 1.35 |
| Sell | QIWI | 1 | $ 21.69 |
| Sell | UCTT | 1 | $ 21.26 |
| Sell | ZTO | 1 | $ 14.01 |
| Sell | NAKD | 1 | $ 2.13 |
| Sell | JACK | 1 | $ 107.85 |
| Sell | ATNM | 1 | $ 1.31 |
| Sell | ETRM | 1 | $ 4.14 |
| Sell | EVH | 1 | $ 23.10 |
| Sell | BZUN | 1 | $ 20.26 |
| Sell | PLUG | 1 | $ 1.86 |
Score (1 to 10) represents a signal strength for a position detected by “Bad Apples” algorithm. The higher the score, the larger the expected down move, the sooner down move shall occur, and the more liquid the position is.
Last price is the latest tape price at the time alert message was generated. If we shorted a position, last price does NOT represent our fill price. Our fill price may be lesser or higher than the displayed last price.
Research
MNKD
MANNKIND CORP
NASDAQ - Common Stock
Google:MNKD Yahoo:MNKD MSN:MNKD CNN:MNKD CNBC:MNKD WSJ:MNKD FinViz:MNKD TheStreet:MNKD Benzinga:MNKD MarketWatch:MNKD SeekingAlpha:MNKD MorningStar:MNKD Zacks:MNKD MotleyFool:MNKD Investopedia:MNKD MoneyShow:MNKD Bloomberg:MNKD Reuters:MNKD Nasdaq:MNKD TDAmeritrade:MNKD E*Trade:MNKD Fidelity:MNKD TradingView:MNKD TradeIdeas:MNKD StockTwits:MNKD Twitter:MNKD
GSAT
GLOBALSTAR INC - Globalstar, Inc.
AMEX - Common Stock
Google:GSAT Yahoo:GSAT MSN:GSAT CNN:GSAT CNBC:GSAT WSJ:GSAT FinViz:GSAT TheStreet:GSAT Benzinga:GSAT MarketWatch:GSAT SeekingAlpha:GSAT MorningStar:GSAT Zacks:GSAT MotleyFool:GSAT Investopedia:GSAT MoneyShow:GSAT Bloomberg:GSAT Reuters:GSAT Nasdaq:GSAT TDAmeritrade:GSAT E*Trade:GSAT Fidelity:GSAT TradingView:GSAT TradeIdeas:GSAT StockTwits:GSAT Twitter:GSAT
SORL
SORL AUTO PARTS INC
NASDAQ - Common Stock
Google:SORL Yahoo:SORL MSN:SORL CNN:SORL CNBC:SORL WSJ:SORL FinViz:SORL TheStreet:SORL Benzinga:SORL MarketWatch:SORL SeekingAlpha:SORL MorningStar:SORL Zacks:SORL MotleyFool:SORL Investopedia:SORL MoneyShow:SORL Bloomberg:SORL Reuters:SORL Nasdaq:SORL TDAmeritrade:SORL E*Trade:SORL Fidelity:SORL TradingView:SORL TradeIdeas:SORL StockTwits:SORL Twitter:SORL
SNDX
SYNDAX PHARMACEUTICALS INC
NASDAQ - Common Stock
Google:SNDX Yahoo:SNDX MSN:SNDX CNN:SNDX CNBC:SNDX WSJ:SNDX FinViz:SNDX TheStreet:SNDX Benzinga:SNDX MarketWatch:SNDX SeekingAlpha:SNDX MorningStar:SNDX Zacks:SNDX MotleyFool:SNDX Investopedia:SNDX MoneyShow:SNDX Bloomberg:SNDX Reuters:SNDX Nasdaq:SNDX TDAmeritrade:SNDX E*Trade:SNDX Fidelity:SNDX TradingView:SNDX TradeIdeas:SNDX StockTwits:SNDX Twitter:SNDX
MTBC
MEDICAL TRANSCRIPTION BILLIN - MEDICAL TRANSCRIPTION BILLING, CORP
NASDAQ - Common Stock
Google:MTBC Yahoo:MTBC MSN:MTBC CNN:MTBC CNBC:MTBC WSJ:MTBC FinViz:MTBC TheStreet:MTBC Benzinga:MTBC MarketWatch:MTBC SeekingAlpha:MTBC MorningStar:MTBC Zacks:MTBC MotleyFool:MTBC Investopedia:MTBC MoneyShow:MTBC Bloomberg:MTBC Reuters:MTBC Nasdaq:MTBC TDAmeritrade:MTBC E*Trade:MTBC Fidelity:MTBC TradingView:MTBC TradeIdeas:MTBC StockTwits:MTBC Twitter:MTBC
WSR
WHITESTONE REIT
NYSE - Real Estate Investment Trust (REIT)
Google:WSR Yahoo:WSR MSN:WSR CNN:WSR CNBC:WSR WSJ:WSR FinViz:WSR TheStreet:WSR Benzinga:WSR MarketWatch:WSR SeekingAlpha:WSR MorningStar:WSR Zacks:WSR MotleyFool:WSR Investopedia:WSR MoneyShow:WSR Bloomberg:WSR Reuters:WSR Nasdaq:WSR TDAmeritrade:WSR E*Trade:WSR Fidelity:WSR TradingView:WSR TradeIdeas:WSR StockTwits:WSR Twitter:WSR
BEBE
BEBE STORES INC - bebe stores, inc.
NASDAQ - Common Stock
Google:BEBE Yahoo:BEBE MSN:BEBE CNN:BEBE CNBC:BEBE WSJ:BEBE FinViz:BEBE TheStreet:BEBE Benzinga:BEBE MarketWatch:BEBE SeekingAlpha:BEBE MorningStar:BEBE Zacks:BEBE MotleyFool:BEBE Investopedia:BEBE MoneyShow:BEBE Bloomberg:BEBE Reuters:BEBE Nasdaq:BEBE TDAmeritrade:BEBE E*Trade:BEBE Fidelity:BEBE TradingView:BEBE TradeIdeas:BEBE StockTwits:BEBE Twitter:BEBE
RAD
RITE AID CORP
NYSE - Common Stock
Google:RAD Yahoo:RAD MSN:RAD CNN:RAD CNBC:RAD WSJ:RAD FinViz:RAD TheStreet:RAD Benzinga:RAD MarketWatch:RAD SeekingAlpha:RAD MorningStar:RAD Zacks:RAD MotleyFool:RAD Investopedia:RAD MoneyShow:RAD Bloomberg:RAD Reuters:RAD Nasdaq:RAD TDAmeritrade:RAD E*Trade:RAD Fidelity:RAD TradingView:RAD TradeIdeas:RAD StockTwits:RAD Twitter:RAD
DWT
VELOCITYSHARES 3X INV CRUDE
ARCA - Exchange-Traded Fund (ETF)
Google:DWT Yahoo:DWT MSN:DWT CNN:DWT CNBC:DWT WSJ:DWT FinViz:DWT TheStreet:DWT Benzinga:DWT MarketWatch:DWT SeekingAlpha:DWT MorningStar:DWT Zacks:DWT MotleyFool:DWT Investopedia:DWT MoneyShow:DWT Bloomberg:DWT Reuters:DWT Nasdaq:DWT TDAmeritrade:DWT E*Trade:DWT Fidelity:DWT TradingView:DWT TradeIdeas:DWT StockTwits:DWT Twitter:DWT
AMD
ADVANCED MICRO DEVICES - ADVANCED MICRO DEVICES INC
NASDAQ - Common Stock
Google:AMD Yahoo:AMD MSN:AMD CNN:AMD CNBC:AMD WSJ:AMD FinViz:AMD TheStreet:AMD Benzinga:AMD MarketWatch:AMD SeekingAlpha:AMD MorningStar:AMD Zacks:AMD MotleyFool:AMD Investopedia:AMD MoneyShow:AMD Bloomberg:AMD Reuters:AMD Nasdaq:AMD TDAmeritrade:AMD E*Trade:AMD Fidelity:AMD TradingView:AMD TradeIdeas:AMD StockTwits:AMD Twitter:AMD
XIV
VELOCITYSHARES INV VIX SH-TM - CREDIT SUISSE GROUP AG
NASDAQ - Exchange-Traded Fund (ETF)
Google:XIV Yahoo:XIV MSN:XIV CNN:XIV CNBC:XIV WSJ:XIV FinViz:XIV TheStreet:XIV Benzinga:XIV MarketWatch:XIV SeekingAlpha:XIV MorningStar:XIV Zacks:XIV MotleyFool:XIV Investopedia:XIV MoneyShow:XIV Bloomberg:XIV Reuters:XIV Nasdaq:XIV TDAmeritrade:XIV E*Trade:XIV Fidelity:XIV TradingView:XIV TradeIdeas:XIV StockTwits:XIV Twitter:XIV
RRGB
RED ROBIN GOURMET BURGERS - RED ROBIN GOURMET BURGERS INC
NASDAQ - Common Stock
Google:RRGB Yahoo:RRGB MSN:RRGB CNN:RRGB CNBC:RRGB WSJ:RRGB FinViz:RRGB TheStreet:RRGB Benzinga:RRGB MarketWatch:RRGB SeekingAlpha:RRGB MorningStar:RRGB Zacks:RRGB MotleyFool:RRGB Investopedia:RRGB MoneyShow:RRGB Bloomberg:RRGB Reuters:RRGB Nasdaq:RRGB TDAmeritrade:RRGB E*Trade:RRGB Fidelity:RRGB TradingView:RRGB TradeIdeas:RRGB StockTwits:RRGB Twitter:RRGB
AEO
AMERICAN EAGLE OUTFITTERS - AMERICAN EAGLE OUTFITTERS INC
NYSE - Common Stock
Google:AEO Yahoo:AEO MSN:AEO CNN:AEO CNBC:AEO WSJ:AEO FinViz:AEO TheStreet:AEO Benzinga:AEO MarketWatch:AEO SeekingAlpha:AEO MorningStar:AEO Zacks:AEO MotleyFool:AEO Investopedia:AEO MoneyShow:AEO Bloomberg:AEO Reuters:AEO Nasdaq:AEO TDAmeritrade:AEO E*Trade:AEO Fidelity:AEO TradingView:AEO TradeIdeas:AEO StockTwits:AEO Twitter:AEO
PLAB
PHOTRONICS INC
NASDAQ - Common Stock
Google:PLAB Yahoo:PLAB MSN:PLAB CNN:PLAB CNBC:PLAB WSJ:PLAB FinViz:PLAB TheStreet:PLAB Benzinga:PLAB MarketWatch:PLAB SeekingAlpha:PLAB MorningStar:PLAB Zacks:PLAB MotleyFool:PLAB Investopedia:PLAB MoneyShow:PLAB Bloomberg:PLAB Reuters:PLAB Nasdaq:PLAB TDAmeritrade:PLAB E*Trade:PLAB Fidelity:PLAB TradingView:PLAB TradeIdeas:PLAB StockTwits:PLAB Twitter:PLAB
SSYS
STRATASYS LTD - STRATASYS LTD.
NASDAQ - Common Stock
Google:SSYS Yahoo:SSYS MSN:SSYS CNN:SSYS CNBC:SSYS WSJ:SSYS FinViz:SSYS TheStreet:SSYS Benzinga:SSYS MarketWatch:SSYS SeekingAlpha:SSYS MorningStar:SSYS Zacks:SSYS MotleyFool:SSYS Investopedia:SSYS MoneyShow:SSYS Bloomberg:SSYS Reuters:SSYS Nasdaq:SSYS TDAmeritrade:SSYS E*Trade:SSYS Fidelity:SSYS TradingView:SSYS TradeIdeas:SSYS StockTwits:SSYS Twitter:SSYS
CETX
CEMTREX INC
NASDAQ - Common Stock
Google:CETX Yahoo:CETX MSN:CETX CNN:CETX CNBC:CETX WSJ:CETX FinViz:CETX TheStreet:CETX Benzinga:CETX MarketWatch:CETX SeekingAlpha:CETX MorningStar:CETX Zacks:CETX MotleyFool:CETX Investopedia:CETX MoneyShow:CETX Bloomberg:CETX Reuters:CETX Nasdaq:CETX TDAmeritrade:CETX E*Trade:CETX Fidelity:CETX TradingView:CETX TradeIdeas:CETX StockTwits:CETX Twitter:CETX
VRAY
VIEWRAY INC
NASDAQ - Common Stock
Google:VRAY Yahoo:VRAY MSN:VRAY CNN:VRAY CNBC:VRAY WSJ:VRAY FinViz:VRAY TheStreet:VRAY Benzinga:VRAY MarketWatch:VRAY SeekingAlpha:VRAY MorningStar:VRAY Zacks:VRAY MotleyFool:VRAY Investopedia:VRAY MoneyShow:VRAY Bloomberg:VRAY Reuters:VRAY Nasdaq:VRAY TDAmeritrade:VRAY E*Trade:VRAY Fidelity:VRAY TradingView:VRAY TradeIdeas:VRAY StockTwits:VRAY Twitter:VRAY
HTZ
HERTZ GLOBAL HOLDINGS INC
NYSE - Common Stock
Google:HTZ Yahoo:HTZ MSN:HTZ CNN:HTZ CNBC:HTZ WSJ:HTZ FinViz:HTZ TheStreet:HTZ Benzinga:HTZ MarketWatch:HTZ SeekingAlpha:HTZ MorningStar:HTZ Zacks:HTZ MotleyFool:HTZ Investopedia:HTZ MoneyShow:HTZ Bloomberg:HTZ Reuters:HTZ Nasdaq:HTZ TDAmeritrade:HTZ E*Trade:HTZ Fidelity:HTZ TradingView:HTZ TradeIdeas:HTZ StockTwits:HTZ Twitter:HTZ
DDR
DDR CORP
NYSE - Real Estate Investment Trust (REIT)
Google:DDR Yahoo:DDR MSN:DDR CNN:DDR CNBC:DDR WSJ:DDR FinViz:DDR TheStreet:DDR Benzinga:DDR MarketWatch:DDR SeekingAlpha:DDR MorningStar:DDR Zacks:DDR MotleyFool:DDR Investopedia:DDR MoneyShow:DDR Bloomberg:DDR Reuters:DDR Nasdaq:DDR TDAmeritrade:DDR E*Trade:DDR Fidelity:DDR TradingView:DDR TradeIdeas:DDR StockTwits:DDR Twitter:DDR
SVXY
PROSHARES SHORT VIX ST FUTUR
ARCA - Exchange-Traded Fund (ETF)
Google:SVXY Yahoo:SVXY MSN:SVXY CNN:SVXY CNBC:SVXY WSJ:SVXY FinViz:SVXY TheStreet:SVXY Benzinga:SVXY MarketWatch:SVXY SeekingAlpha:SVXY MorningStar:SVXY Zacks:SVXY MotleyFool:SVXY Investopedia:SVXY MoneyShow:SVXY Bloomberg:SVXY Reuters:SVXY Nasdaq:SVXY TDAmeritrade:SVXY E*Trade:SVXY Fidelity:SVXY TradingView:SVXY TradeIdeas:SVXY StockTwits:SVXY Twitter:SVXY
NPTN
NEOPHOTONICS CORP
NYSE - Common Stock
Google:NPTN Yahoo:NPTN MSN:NPTN CNN:NPTN CNBC:NPTN WSJ:NPTN FinViz:NPTN TheStreet:NPTN Benzinga:NPTN MarketWatch:NPTN SeekingAlpha:NPTN MorningStar:NPTN Zacks:NPTN MotleyFool:NPTN Investopedia:NPTN MoneyShow:NPTN Bloomberg:NPTN Reuters:NPTN Nasdaq:NPTN TDAmeritrade:NPTN E*Trade:NPTN Fidelity:NPTN TradingView:NPTN TradeIdeas:NPTN StockTwits:NPTN Twitter:NPTN
HLTH
NOBILIS HEALTH CORP
AMEX - Common Stock
Google:HLTH Yahoo:HLTH MSN:HLTH CNN:HLTH CNBC:HLTH WSJ:HLTH FinViz:HLTH TheStreet:HLTH Benzinga:HLTH MarketWatch:HLTH SeekingAlpha:HLTH MorningStar:HLTH Zacks:HLTH MotleyFool:HLTH Investopedia:HLTH MoneyShow:HLTH Bloomberg:HLTH Reuters:HLTH Nasdaq:HLTH TDAmeritrade:HLTH E*Trade:HLTH Fidelity:HLTH TradingView:HLTH TradeIdeas:HLTH StockTwits:HLTH Twitter:HLTH
QIWI
QIWI PLC-SPONSORED ADR - QIWI
NASDAQ - American Depository Receipt (ADR)
Google:QIWI Yahoo:QIWI MSN:QIWI CNN:QIWI CNBC:QIWI WSJ:QIWI FinViz:QIWI TheStreet:QIWI Benzinga:QIWI MarketWatch:QIWI SeekingAlpha:QIWI MorningStar:QIWI Zacks:QIWI MotleyFool:QIWI Investopedia:QIWI MoneyShow:QIWI Bloomberg:QIWI Reuters:QIWI Nasdaq:QIWI TDAmeritrade:QIWI E*Trade:QIWI Fidelity:QIWI TradingView:QIWI TradeIdeas:QIWI StockTwits:QIWI Twitter:QIWI
UCTT
ULTRA CLEAN HOLDINGS INC
NASDAQ - Common Stock
Google:UCTT Yahoo:UCTT MSN:UCTT CNN:UCTT CNBC:UCTT WSJ:UCTT FinViz:UCTT TheStreet:UCTT Benzinga:UCTT MarketWatch:UCTT SeekingAlpha:UCTT MorningStar:UCTT Zacks:UCTT MotleyFool:UCTT Investopedia:UCTT MoneyShow:UCTT Bloomberg:UCTT Reuters:UCTT Nasdaq:UCTT TDAmeritrade:UCTT E*Trade:UCTT Fidelity:UCTT TradingView:UCTT TradeIdeas:UCTT StockTwits:UCTT Twitter:UCTT
ZTO
ZTO EXPRESS CAYMAN INC-ADR
NYSE - American Depository Receipt (ADR)
Google:ZTO Yahoo:ZTO MSN:ZTO CNN:ZTO CNBC:ZTO WSJ:ZTO FinViz:ZTO TheStreet:ZTO Benzinga:ZTO MarketWatch:ZTO SeekingAlpha:ZTO MorningStar:ZTO Zacks:ZTO MotleyFool:ZTO Investopedia:ZTO MoneyShow:ZTO Bloomberg:ZTO Reuters:ZTO Nasdaq:ZTO TDAmeritrade:ZTO E*Trade:ZTO Fidelity:ZTO TradingView:ZTO TradeIdeas:ZTO StockTwits:ZTO Twitter:ZTO
NAKD
NAKED BRANDS GROUP INC
NASDAQ - Common Stock
Google:NAKD Yahoo:NAKD MSN:NAKD CNN:NAKD CNBC:NAKD WSJ:NAKD FinViz:NAKD TheStreet:NAKD Benzinga:NAKD MarketWatch:NAKD SeekingAlpha:NAKD MorningStar:NAKD Zacks:NAKD MotleyFool:NAKD Investopedia:NAKD MoneyShow:NAKD Bloomberg:NAKD Reuters:NAKD Nasdaq:NAKD TDAmeritrade:NAKD E*Trade:NAKD Fidelity:NAKD TradingView:NAKD TradeIdeas:NAKD StockTwits:NAKD Twitter:NAKD
JACK
JACK IN THE BOX INC - JACK IN THE BOX INC /NEW/
NASDAQ - Common Stock
Google:JACK Yahoo:JACK MSN:JACK CNN:JACK CNBC:JACK WSJ:JACK FinViz:JACK TheStreet:JACK Benzinga:JACK MarketWatch:JACK SeekingAlpha:JACK MorningStar:JACK Zacks:JACK MotleyFool:JACK Investopedia:JACK MoneyShow:JACK Bloomberg:JACK Reuters:JACK Nasdaq:JACK TDAmeritrade:JACK E*Trade:JACK Fidelity:JACK TradingView:JACK TradeIdeas:JACK StockTwits:JACK Twitter:JACK
ATNM
ACTINIUM PHARMACEUTICALS INC
AMEX - Common Stock
Google:ATNM Yahoo:ATNM MSN:ATNM CNN:ATNM CNBC:ATNM WSJ:ATNM FinViz:ATNM TheStreet:ATNM Benzinga:ATNM MarketWatch:ATNM SeekingAlpha:ATNM MorningStar:ATNM Zacks:ATNM MotleyFool:ATNM Investopedia:ATNM MoneyShow:ATNM Bloomberg:ATNM Reuters:ATNM Nasdaq:ATNM TDAmeritrade:ATNM E*Trade:ATNM Fidelity:ATNM TradingView:ATNM TradeIdeas:ATNM StockTwits:ATNM Twitter:ATNM
ETRM
ENTEROMEDICS INC
NASDAQ - Common Stock
Google:ETRM Yahoo:ETRM MSN:ETRM CNN:ETRM CNBC:ETRM WSJ:ETRM FinViz:ETRM TheStreet:ETRM Benzinga:ETRM MarketWatch:ETRM SeekingAlpha:ETRM MorningStar:ETRM Zacks:ETRM MotleyFool:ETRM Investopedia:ETRM MoneyShow:ETRM Bloomberg:ETRM Reuters:ETRM Nasdaq:ETRM TDAmeritrade:ETRM E*Trade:ETRM Fidelity:ETRM TradingView:ETRM TradeIdeas:ETRM StockTwits:ETRM Twitter:ETRM
EVH
EVOLENT HEALTH INC - A
NYSE - Common Stock
Google:EVH Yahoo:EVH MSN:EVH CNN:EVH CNBC:EVH WSJ:EVH FinViz:EVH TheStreet:EVH Benzinga:EVH MarketWatch:EVH SeekingAlpha:EVH MorningStar:EVH Zacks:EVH MotleyFool:EVH Investopedia:EVH MoneyShow:EVH Bloomberg:EVH Reuters:EVH Nasdaq:EVH TDAmeritrade:EVH E*Trade:EVH Fidelity:EVH TradingView:EVH TradeIdeas:EVH StockTwits:EVH Twitter:EVH
BZUN
BAOZUN INC-SPN ADR
NASDAQ - American Depository Receipt (ADR)
Google:BZUN Yahoo:BZUN MSN:BZUN CNN:BZUN CNBC:BZUN WSJ:BZUN FinViz:BZUN TheStreet:BZUN Benzinga:BZUN MarketWatch:BZUN SeekingAlpha:BZUN MorningStar:BZUN Zacks:BZUN MotleyFool:BZUN Investopedia:BZUN MoneyShow:BZUN Bloomberg:BZUN Reuters:BZUN Nasdaq:BZUN TDAmeritrade:BZUN E*Trade:BZUN Fidelity:BZUN TradingView:BZUN TradeIdeas:BZUN StockTwits:BZUN Twitter:BZUN
PLUG
PLUG POWER INC
NASDAQ - Common Stock
Google:PLUG Yahoo:PLUG MSN:PLUG CNN:PLUG CNBC:PLUG WSJ:PLUG FinViz:PLUG TheStreet:PLUG Benzinga:PLUG MarketWatch:PLUG SeekingAlpha:PLUG MorningStar:PLUG Zacks:PLUG MotleyFool:PLUG Investopedia:PLUG MoneyShow:PLUG Bloomberg:PLUG Reuters:PLUG Nasdaq:PLUG TDAmeritrade:PLUG E*Trade:PLUG Fidelity:PLUG TradingView:PLUG TradeIdeas:PLUG StockTwits:PLUG Twitter:PLUG
Overview
“Bad Apples” is one of our best algorithms for detecting securities with expected strong downward movement.
Based on backtests we expect a decline of 5-8% on average for three days to two weeks after the alert.
“Bad Apples” continue to decline for about five months. Between months 1 and 5, the decline is about 1-3% per month on average.
Although, individual stocks can perform very differently.
From our perspective “Bad Apples” are not good buy candidates for a longer term holding.
This algorithm relies on principles of Capital Preservation and Getting Out of a Failing Position Quickly.
What this algorithm is looking for:
• impactful negative news
• strong overreaction to a mild positive news
• PR-driven stocks
• advancing stocks without a catalyst
• pump-and-dumps
• targets of short selling
• unprofitable companies
• companies bleeding money
• weak fundamental data
• the riskiest stocks on the market (day traders love them, but investors try to avoid)
• stocks breaking down through strong support levels
• discrepancy between retail traders activity (“dumb” money) and institutional investing (“smart” money)
To distinguish between trading activity originated from retail traders, institutional traders, and market makers we may analyze social media, Internet posts, size and patterns of executed orders, darkpool orders, block orders, size and patterns of bid and ask offers at Level I and Level II. Securities, which went up due to a retail traders activity and not due to an institutional investing, are likely to go down after the hype is gone.
We approach trading statistically. We will have losers. What is important for us is that winners outperform losers overall. Further we diversify to reduce risks.
In cash or retirement accounts, we sell “Bad Apple” positions and avoid them for about five months.
Alternatively, if a stock with a strong inverse correlation to “Bad Apple” exists, we may take a long position of such inverted stock. Although we rarely take a leveraged fund as a long position due to decay (fees and contango).
In margin accounts, we may short “Bad Apples” and buy to cover when the stock bottoms out.
The best time to cover short “Bad Apple” position is when stock’s volatility and volume substantially subside.
Also shorting the spikes and covering on dips may give very good results.
Long means positive number of shares and short means negative number of shares in portfolio. Do not confuse these financial terms with holding stocks for a long or short period of time.
Trading costs include commissions, fees, interest, and slippage.
Alerts are distributed via a mailing list at https://groups.google.com/d/forum/zquant.
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Disclaimer
We are not your investment advisor. We do not recommend buying or selling any securities. Signals are generated by a computer program. Past performance is no guarantee of future results. Signals are provided for research and educational purposes only. Trade at your own risk. You assume full responsibility for your investment decisions.