This is a commercial real-estate REIT that just lost $34 mil a quarter. JER Investors Trust Inc. JRT keeps popping up in my momentum screens. It did a reverse stock split a few days back and is up about 80% since. Short candidate after it's done running.













Old NCAV Favorite SPAR is in free fall. Last time SPAR got under net current assets it bounced real nice for days. I'm not sure how strong any bounce will be this time because the companies fundamentals are deteriorating as you can see on that plunge down to $1.30 on bad earnings and rebound intraday on the chart. On bounce watch still with $100 mil in NCAV and $72 mil MC. You never know what kind of fluffy, spam PR campaign the government will put together back to back in desperation. They could come out and say US autos are performing fine. Take profits quick and get out in this market like I've been saying for months.













Office Depot ODP is really beaten down to.

full disclosure: no positions