Stocks Under 10

This forecast is part of the Stocks Under 10 Dollars Package, as one of I Know First’s forecast services. The full package includes daily stock predictions for a total of 20 Stocks Under 10 stocks with bullish and bearish signals:

• Top 10 stocks for the long position
• Top 10 stocks for the short position

Package Name: Stocks Under $10
Recommended Positions: Long
Forecast Length: 7 Days (12/3/2020 – 12/10/2020)
I Know First Average: 9.32%

Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. MACK was the top performing prediction with a return of 28.04%. Other notable stocks were RAIL and ESEA with a return of 24.42% and 21.59%. The package had an overall average return of 9.32%, providing investors with a premium of 9.34% over the S&P 500’s return of -0.02% during the same period.

Merrimack Pharmaceuticals, Inc., incorporated on July 6, 2010, is a clinical-stage biopharmaceutical company. The Company is engaged in designing novel treatments for cancer by targeting biomarker-defined cancers. The Company’s development programs include four clinical trials and six candidates in preclinical development. The Company’s clinical programs include MM-121 (seribantumab), MM-141 (istiratumab) and MM-310. The Company’s preclinical programs include MM-161, ATRi, BCL2/BCLxl, TRAIL, Immuno-oncology and STIMULI.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.