QOTD: What Do You Call a Stock Down 90%?

Saw Barry Ritholtz pass along a great quote from David Einhorn:

“What do you call a stock that’s down 90%? A stock that was down 80% and then got cut in half.”

“Cheap” now doesn’t mean it is a buy. Losers average losers!

You might like my 2017 epic release: Trend Following: How to Make a Fortune in Bull, Bear and Black Swan Markets (Fifth Edition). Revised and extended with twice as much content.