Wednesday, June 15, 2011

Low Price Anomaly In Practice: Quantum (QTM)

Here's a report on a low-priced stock I bought which paid off. Anecdotal to be sure but I've become an adherent of this so-called anomaly and will continue to report in on results.

Stock: Quantum (QTM)

Purchase Price: $2.79
Sale Price: $3.42
Holding Period: 54 days

Return: 22.58%

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