My Negative Enterprise Value screen scored the following names as the highest ranking outputs on 5/3:
- FXCM Inc ($FXCM)- watch list
$FXCM is currently on my watch list, and I’ll disclose any upgrades or new positions on my trade reconciliation.
This is a screen for deep value, basically cash for a discount. While there are still a few names out there with negative EVs, this rally has made value hard to come by. It’s getting to be slim pickings, since few candidates qualify for my output due to either illiquidity or apparent fundamental unsustainability.