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Screener
Below is a list of today's twenty-five most distressed stocks (according to their Altman Z-Score or Z''-Score, respectively) with a share price of $5 or higher. For details on how this ranking list is compiled, please click here.
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MRT - Everything but a Messenger Owl
I mentioned yesterday I was forced to cover 20% of my MRT position by Scottrade yesterday due to an alleged decline in the number of borrowable shares ( http://shortscreen.com... ). I was notified by phone, e-mail, and hard copy memo dropped off by FedEx this morning that I had to cover another 10%, which I did at $5.05 today.
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Got another phone call and FedEx today telling me I'd probably have to buy back the rest of the MRT shares by tomorrow afternoon if Scottrade couldn't borrow more, so I covered the rest at $4.86, for a gain of 6.9% on the last 70% (a gain of 4.22% on the MRT short as a whole). Put in a limit order to exit NATH, the long side of this pairs trade, as well.
Out of the other side of this pairs trade today too: http://shortscreen.com...