Investing

The 52-Week Low Club

Irwin Financial (IFC) Banking company has poor quarter based on mortgages. In Michigan no less. The worst place in the world to loan money. Join the club. Drops to $16.42. The 52-week high was $23.

Wireless Facilities (WFII) Keeps coming back to the club. Could become lifetime member. Company provides engineering and services in wireless market. Options backdating problems and more class actions suits that you can shake a stick at. Down to $1.01. The 52-week high was $4.53.

Ligand Pharma (LGND)  Biotech firm. Activist investor recently sold shares. Company also had pieces sold off recently and large payout to shareholders. Stock now down to $6.97 but for some good reasons. The  52-week high was $14.24.

Cost Plus (CPWM) Home furnishing company may restate earnings. Down to $8.52. The 52-week high was $18.11.

Douglas A. McIntyre

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