Best, Worst Performers Since the 10/9 Top

The average stock in the Russell 3,000 is down 15.93% since the market peaked on October 9th. Since October 9th, 17% of the stocks in the index are higher and 83% are lower.

Below we highlight the best and worst performing stocks in the Russell 3,000 since the 10/9 top. As shown, RIGL is up the most at 128.26%, followed by SDTH (110%), IDIX (96.43%), MOS (80%) and BZP (76%). If these stocks can register these kind of gains during this downturn, what will they do if the market actually goes higher?

click to enlarge

On the downside, it's been a rough couple of months for stocks like SCA and PLX. Each of them are down more than 90% since October 9th. But they're not alone. There are 131 other stocks in the index that are down more than 50%.

Comments

[Tom B]

I was delighted to sell my Rigel after buying some about 2 yrs. ago after a failed clinical trial.

I was also delighted to unload my GSK at 52, which I'd bought at about 35 a few years back. I don't think GSK will top 50 again soon.

Wish I'd dumped my VRTX and PFE....

[LukeHappy]

"If these stocks can register these kind of gains during this downturn, what will they do if the market actually goes higher?"

What a stupid comment at least regarding RIGL. This is a highly manipulated stock whose ascent was due to a non-event.
Doesn't matter what the market is doing. It will fall back to under $10 within 6 months.

Did you do your due diligence before you wrote this, or do you just read the charts and statistics?

[Tom B]

"It will fall back to under $10 within 6 months."

Most likely.

[kkin365]

Any comment on FRPT?

[jturano7423]

It was no surprise to see that NSTK made the list of worst performers!
I have said since September 2007 on this site, that Investors are listening to suspicious over touting by Jim Cramer all through 2007, mislead by the circle of nstk Researchers whose chronic upgrades and wrong ridiculous target prices were never reached, and falling revenue and increased expenses would be compounded with partnerships breaking apart and sending nstk to it's Book Value of $1.93.

[jturano7423]

02/25/08 Time for the'RICHLAND REPORT' to retract their last June report on nstk! and bert hazlet of suntrust should have his head examined while we're at it. If you looked back in retrospect and see the price of $2.02 today, it makes you wonder why these people get paid at all.

[jturano7423]

UPDATE-NSTK:2/28/08 Novice investors were given false hope when the stock ran up from $2.02 to $2.79 just about 48 hours ago.
As of yesterday, Wednesday, the stock closed back to $2.19.
Hefty profits made by institutions/Hedge funds running it up and then shorting the stock, is my opinion. In 6days the Earnings report comes out, and my summation is that continued New Lows will occur.
Question now is will the Research Firms who cover NSTK continue to
Stand by with their outperform and ridiculous Target prices as NSTK keeps setting new lows?

[jturano7423]

NSTK:UPDATE-MARCH 8, NEW SUBSIDIARY MAY NOT COME TO PASS NOW AS STATED BY DR.QUAY RECENTLY. THE STOCK IS AROUND $2.12 NOW AND IN DAYS THE EARNINGS REPORT COMES OUT. IN MY OPINION IT CONTINUES TO MAKE NEW LOWS AND BY SUMMER, AUGUST, IT SHOULD BE AROUND A $1.00 BID. REVENUE DOWN EXPENSES UP.
WHEN IS THE INSTITUTIONS,FUNDS AND RESEARCH FIRMS
GOING TO WAKE UP?

[jturano7423]

NSTK:MARCH 17-UPDATE! PLENTY OF NEWS ANNOUNCEMENTS SINCE MARCH 5TH BUT NO YEAR END EARNINGS REPORT YET! INVESTORS INT THE DARK, BUT MANAGEMENT HAS THE BEST INTEREST IN MIND FOR THE SHAREHOLDERS. AT THIS VERY EARLY POINT IN TIME RE:RNAI, THE QUESTION IS WILL NSTK BE ABLE TO STAY AFLOAT MUCH LONGER UNTIL A FINANCIAL RESCUE SHIP COMES TO IT'S RESCUE? LET'S SEE, OVER 1,000 NEWS ANNOUNCEMENTS SINCE 1984 AND NSTK IS $2 DOLLARS AND CHANGE TODAY. IS THIS REALLY A 'DEAL OR 'NO DEAL'?

[jturano7423]

3/18/08 Update-NSTK: Since I have to post the latest news because for some reason SEEKING-ALPHA, IS EITHER TO BUSY OR FORGETS TO POST THE LATEST NEWS CONCERNING NSTK, HERE IT IS:
MORNINGSTAR
Nastech 4Q Loss Widens, Has Doubts About Going Concern
3-17-08 5:12 PM EDT | E-mail Article | Print Article
DOW JONES NEWSWIRES
Nastech's financial filings included a note from its independent accountant saying the company's recurring losses and accumulated debt "raise substantial doubt" about the company's ability to continue as a going concern. The company is restructuring its business, reducing its workforce and renegotiating vendor agreements.
**THIS IS WHAT YOU DON’T READ IN THE FINANCIAL REPORT THAT WAS RELEASED!
AS AN INVESTOR, DO YOU KNOW HOW ALARMING THIS IS?
AS INVESTORS GO THROUGH THE ‘MINE FIELD’, ALL THEY HEAR IS
GOOD NEWS AND WONDERFUL COMPLICATED FINANCIAL STATEMENTS.
BUT FRUITION OF MURPHY’S LAW IS EVER PRESENT!
MY OPINION IS THAT NSTK WILL BE A $1 DOLLAR ON THE BID BY AUGUST,
BUT THE ABOVE INTERPRETATION OF MORNINGSTAR IS QUITE ALARMING!

[equal future]

i think the only possible winner out of the losers list could be sirf. what do people think, am i wishful thinking

[jturano7423]

NSTK-APRIL25TH, 2008 NSTK RAISES $7.9 MILLION
IN STOCK SALE AT $1.73, SO TODAY THE STOCK WENT DOWN FROM $2.18 TO ABOUT $1.40 BY 2:30P.M. I STATED THIS STOCK WOULD BE A $1.00 ON THE BID BY AUGUST 2008 BUT WHAT I'D REALLY LIKE TO KNOW WHO ARE THE INDIVIDUAL OR GROUPS OF IDIOTS THAT WOULD BUY THIS STOCK AFTER THREE COMPANIES DIVORCED THEM, AND HARDLY ANY SALES, AND BURN RATE OUT OF CONTROL. THEY SHOULD THOSE WHO BOUGHT TODAY FOR US ALL TO SEE THE IDIOTS NAMES.
FROM $18 DOLLARS TO $1.40.
DO YOU THINK THE WRITING IS ON THE WALL YET.
NOBODY LISTENS AND I GUESS WHEN THEY READ BANKRUPTCY IN THE WALL STREET JOURNAL, THEN MAYBE THEY WILL REALIZE WHAT HAS HAPPENED!

[jturano7423]

Nstk should list for all to see who bought up
$7.9 million dollars worth of stock. It would make the guiness book of records for having so many idiots on one page! No wonder companies like this keep lining managements pockets. There are so many gullable stupid people in this world.

[jturano7423]

NSTK-CACHE-UPDATE-5/6/... SINCE CRAMER STOPPED TOUTING NSTK, I HAD TO UPDATE SEEKING ALPHA EVER SINCE. WHEN HE DID TOUT IT, I DISAGREED WITH HIM. ONE YEAR AGO I SAID THIS WILL BE A LONG HOT SUMMER FOR NSTK. IN OCTOBER 2007 I WARNED INVESTORS THAT THEY WERE AVOIDING ALL THE SIGNS ALONG THE ROAD THAT READ DANGER.
AND THAT IF THEY WERE NOT CAREFUL, THAT THEY WOULD GO RIGHT OFF THE CLIFF. WELL IT HAPPENED IN NOVEMBER WHEN THEIR PARTNER BROKE OFF THEIR AGREEMENT.
BY DECEMBER THE NEW TUNE WAS RNAI AND NEW SUBSIDIARY.
BY JANUARY THEIR CHIEF FINANCIAL OFFICER QUIT. TO CUT DOWN EXPENSES THEY FIRED WORKERS BUT AT THE SAME TIME HIRED A WHOLE NEW BOARD FOR THEIR SUBSIDIARY. MAKES SENSE RIGHT?
THEN THEY SELL NEW ISSUANCE OF SHARES TO PAY DOWN EXPENSES,
RAISED $7.9 MILLION BUT THE SMALL PRINT ON THE BOTTOM SAID MANAGEMENT MAY USE MONEY FOR OTHER ITEMS THAT SHAREHOLDERS MAY NOT AGREE WITH.
RNAI IS IN PRE-CLINICAL STAGE. NSTK HAS YET TO ENTER PHASE 1, THEN COMES PHASE 2 AND THEN PHASE 3. BY THAT TIME YOU WILL HAVE CELEBRATED 7 MORE BIRTHDAYS.
IN 48 HOURS THE EARNINGS REPORT COMES OUT. I SAY IT CAN'T BE GOOD BUT DEDICATED LONGS SAY IT DOESN'T COUNT.
IN FACT NOHING COUNTS WITH THEM EXCEPT FAIRY TALES ABOUT NSTK. FROM $18 DOLLARS TO $1.37 NOW AND THEY THE SHAREHOLDERS, EXPECT NSTK TO RISE ONCE AGAIN. IT IS THIS LOYALTY, THIS DEDICATION, THIS DOWN RIGHT STUPIDITY THAT KEEPS MANAGEMENT IN BUSINESS. I COULDN'T HAVE BEEN MORE RIGHT FOR THE PAST 13 MONTHS ON THIS SITE OR ALL THE OTHERS REGARDING NSTK. INVESTORS ARE NSTK'S BEST PIPELINE. IT MAY BE HARD TO BELIEVE $1.00 ON THE BID BY AUGUST 22, 2008, BUT LOOK AT THE FACT THAT AFTER 24 YEARS THE STOCK PRICE IS $1.37 AND THE COMPANY IS NOWHERE. OVERSOLD AND DILUTED.