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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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AYSI.PK - Bought more at $1.75 today
A relatively rare long mention here: Had a limit order in at $1.75 per share and got it filled today. AYSI should release earnings this week. It might have had a strong quarter, based on its backlog and they strong quarter for its clients in the Aussie mining sector.
Uncertainty about China's economy (and, consequently, it's demand for iron ore) remains a concern going forward. For that reason, I recently bought more puts on BHP, as a hedge against a drop off in China's iron ore demand.
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