Michael Shulman
Michael Shulman is the editor of ChangeWave Shorts, a newsletter advisory service that helps individual investors make money on the short side of the market.
Michael Shulman
Michael Shulman is the editor of ChangeWave Shorts, a newsletter advisory service that helps individual investors make money on the short side of the market.
Portfolio Killers: 8 Zombie Stocks to AvoidMarch 10, 2009 By Michael Shulman, Editor, ChangeWave Shorts |
Right now there are few things scarier than the post-market report on CNBC. It's almost like watching a horror movie.
And I've got some zombie stocks that you need to stay far, far away from.
A zombie is a dead person brought back to life without speech (keep quiet or you don't get any TARP money) or free will (Uncle Sam is now the largest shareholder).
The Japanese invented the modern zombie – not the living dead person, the living dead bank. We now have a financial system and an auto industry comprised of zombie banks and companies.
The following are eight companies that qualify as the living dead.
NEXT: Zombie Stock #1 – AIG