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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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IFSIA,USG - Market Neutral Trade: Long IFSIA, Short USG
This morning I shorted USG at $15.09 and bought an equivalent dollar amount of IFSIA at $18.55. More details on that here: http://steamcatapult.c...
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Stopped out of USG at $15.25 today for a loss of 1%. Sold IFSIA at $19.02 for a gain of 2.5%, for a gain of 0.75% on this market neutral trade.