Postcards: Die Zombie! (AKA, "Why Does This Public Company Exist?")
While everyone is screaming at the Fed for mismanaging inflation and raising interest rates... there is one silver lining: We may finally clear the deck of worthless capital-draining Zombie stocks.
We continue to proceed with caution in this market. Our negative signal keeps us in cash, and we watch the S&P 500 and the Russell 2000 continue to bleed off. We’ve largely had a negative signal sinc…
Keep reading with a 7-day free trial
Subscribe to Postcards from the Florida Republic to keep reading this post and get 7 days of free access to the full post archives.