Dirk McCoy

Doubling Stocks: Emcore And Some Monday Morning Quarterbacking

Emcore (NASDAQ:EMKR) hasn't quite doubled within a recent quarter but has increased from $4.23 in December of 2012 to $6.65 in early February of this year. Being a stock I've held for awhile, I figured it would provide a decent test case for my price-doubling theory. Company-specific analysis will be covered later in this article.

In case you didn't read the details of my thesis in my earlier article here, a professor friend of mine and I did some analysis on 485 NYSE/NASDAQ stocks that doubled within a quarter. Based on 75% or so of them going down over the next two years and the top 5% enabling the portfolio to perform at market (actually, a below...

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