Stocks to sell

Other than a massive trading spike in Feb. 2020 to $24.90, Vaxart (NASDAQ:VXRT) has gone nowhere. A mid-June upgrade from Piper Sandler to an “overweight” rating temporarily lifted VXRT stock, but its price remains low. Source: Photo courtesy of Vaxart, Inc. When vaccines are making headlines every day, why are Vaxart shares underperforming? And why

I hate to be a wet blanket. There’s a whole lot of buzz and enthusiasm surrounding San Francisco-based technology firm Marin Software (NASDAQ:MRIN) stock. Source: Gil C / Shutterstock.com Traders may be partying like there’s no tomorrow, but every party must come to an end, sooner or later. There’s been strong upward momentum in the share

How should investors understand ContextLogic (NASDAQ:WISH) stock currently? After all, it doesn’t look like its price is currently being affected much by short interest. That short interest has fallen quickly and sat at 5.38% on July 1. Those levels should hardly have any discernible effect on share prices at all.  Source: sdx15 / Shutterstock.com Perhaps

Uber Technologies (NYSE:UBER) has yet to make any form of profitability. Its latest quarterly release showed that earnings were lousy and cash flow was still negative. Moreover, its cash in the bank fell and long-term debt rose. Don’t expect UBER stock to ever get profitable at this rate. This is despite what analysts are projecting.

Marin Software (NASDAQ:MRIN) stock has been on a roller coaster ride for the past several weeks. On June 16, it was at $1.64 per share, but then it shot up to $24.14 by July 6. It closed last week at $17.36, sporting a $190.4 million market capitalization. MRIN stock cannot sustain this valuation. The stock

The most famous expression in advertising is probably, “Advertisers go where the eyeballs are.” The evidence suggests that this principle remains as true in 2021 as it was in 2001, 1981 and 1961. And that’s bad news for the owners of Skillz (NYSE:SKLZ) stock. Source: NYCStock / Shutterstock.com That’s because Skillz, a platform that enables

Since I last wrote about Churchill Capital Corp IV (NYSE:CCIV) stock, much water has passed under the bridge. Source: gg_photography / Shutterstock.com We are ten days away from the inevitable merger of the SPAC with electric vehicle manufacturer Lucid Motors. Due to the previous delays of the merger, CCIV stock lost steam during the pre-merger

For a few weeks, Reddit’s r/WallStreetBets kept the buying pressure strong on AMC Entertainment (NYSE:AMC) stock. But when the Nasdaq started to lose momentum late last week, AMC stock started to lose its hold on the $60 level. Source: QualityHD / Shutterstock.com Short interest, an indicator of bearishness, is at 16.6%. The more shares fall,

Lordstown Motors (NASDAQ:RIDE) stock is becoming a cautionary tale for many investors in electric vehicle (EV) stocks. Source: Postmodern Studio / Shutterstock.com RIDE stock is down almost 50% in 2021. And that was the case before the company announced that its “backlog” of pre-orders do not represent binding commitment.   That announcement came on the heels of top

Bionano Genomics (NASDAQ:BNGO) stock might appear interesting at first blush. After all, the company has developed an optical DNA mapping instrument called Saphyr. It is a high throughput system – which looks like a printer from the outside – that allows genome variations to be rapidly identified.  Source: Connect world / Shutterstock.com However, upon taking

The party’s over once again for Clover Health (NASDAQ:CLOV) stock. A few months back, the insurtech company, and former SPAC (special purpose acquisition company), was a popular health care-related “story stock.” Source: Shutterstock News of a Department of Justice (DOJ) investigation fueled a big change in investor’s opinions about it. But starting in the spring,

The outlook of Carnival Corporation (NYSE:CCL) stock has improved in recent weeks, but given the cruise operator’s extremely high debt load and the great amount of uncertainty it continues to face, I still urge investors to sell their shares. Source: Ruth Peterkin / Shutterstock.com In addition to its highly elevated debt load, Carnival must deal

At just under $60 per share, what’s the play with AMC Entertainment (NYSE:AMC) stock? Is it a buy? Not so fast. Source: viewimage / Shutterstock.com Sure, retail speculators, led by Reddit’s r/WallStreetBets, have so far prevailed against the so-called “smart money” short sellers. On the other hand, in terms of underlying value and long-term prospects,

ContextLogic (NASDAQ:WISH) stock went public last December. After a brief pop, the share price fell to single digits in May. Source: sdx15 / Shutterstock.com It fell because ContextLogic loses money. Its first quarter report showed a loss of $128 million, 21 cents per share, on revenue of $772 million. Losses from operations, $126 million, grew

I’m sure many investors in AMC Entertainment (NYSE:AMC) have stopped reading this article just based on the headline. And others are ready to tell me I don’t get it. So let me be clear. When it comes to AMC stock, I understand your point. I just disagree with it.   Source: QualityHD / Shutterstock.com In 2021, AMC stock is at its

Workhorse (NASDAQ:WKHS) reported very weak first-quarter results and  appears to have no viable, strong, upcoming, positive catalysts. WKHS stock is in trouble. Source: Shutterstock The EV maker’s inability to win any major deals or recruit any impressive partners so far, its apparent failure to cash in on opportunities with the U.S. Post Office and UPS

Health insurance company Clover Health (NASDAQ:CLOV) went public via the SPAC route in January, and since then, its stock has been on a wild ride. CLOV stock became the latest target of the Reddit retail trading crowd, causing Clover’s share  price to reach new highs. Source: Shutterstock Unfortunately, the stock is now overvalued, and Clover’s

Shares of once-famed gadget maker BlackBerry (NYSE:BB) were brought back from the dead by the meme stock investors this year. BB stock is appreciating heavy volume again as it appears to be caught up in the retail trading frenzy. One-month returns from the stock are at a staggering 47%. However, the momentum should be short-lived

Tilray (NASDAQ:TLRY) stock is giving up gains after completing its monumental merger with Aphria. Source: Jarretera / Shutterstock.com The merger has created the world’s largest cannabis company by Pro-forma revenue. After peaking at $67 in early February, shares are down. It will open today at around $22. Now that the dust has settled on the

Here’s a little-known stat. American summer camps import approximately 25,000 counselors each summer through the J-1 visa cultural exchange program. Like many industries, camps are facing labor shortages this summer. If I were aware of a publicly traded camp company, it would be on my list of stocks to avoid.  Other industries expected to have