Using Price Action To Avoid The Next Nortel
The last thing that any investor wants to experience is one of their holdings going bankrupt. Yet, it happens–Washington Mutual, Lehman Brothers, Refco, WorldCom, Enron, Kodak, and the list goes on. In fact, during the 20-year period from 1989 to 2008, 21% of of all stocks listed in US stock markets became bankrupt (Phys.org). But, [...]