Go to Jeff Salisbury LWGate Home Page.From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] Institutional Ownership
Date: Tue, 11 Dec 2001 06:51:42 -0500
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This is a multi-part message in MIME format. - ------=_NextPart_000_000E_01C18210.4AC38620 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Katherine, In the filter for the DGO beta scans, I believe if you want to scan for = a limit of 0% to 10%, you only need enter the upper limit and leave the = lower limit blank. Then it will scan for everything up to the upper = limit. Tom Worley stkguru@netside.net AIM: TexWorley ----- Original Message -----=20 From: Katherine Malm=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, December 11, 2001 12:24 AM Subject: [CANSLIM] Institutional Ownership I've been playing around with the new filtering criteria in the beta = DGO and wanted to get the list's point of view on institutional = ownership. =20 (1) The DGO filter only includes mutual fund ownership, rather than = total institutional AND mutual fund ownership. Do you see this as a = problem? =20 (2) Out of curiosity, I scanned for the following: =20 Price>=3D$10; ADV>=3D90K; A/D =3D A, B, or C; Price > 50dMA 1% or more = (can't do 0.00001!); Price > 200dMA 1% or more; mutual fund ownership = >=3D10%; RS >=3D60. =20 This is a wide net screen that looks for stocks performing relatively = well and liquid enough to be in big hands. If liquidity were based on = total float the results might be different. =20 This gave 717 names. When I started lopping off mutual fund ownership, = the numbers of stocks were: =20 10-90% =3D 713 stocks 10-80% =3D 712 stocks 10-70% =3D 711 stocks 10-60% =3D 708 stocks 10-50% =3D 696 stocks 10-40% =3D 634 stocks 10-30% =3D 470 stocks 10-20% =3D 227 stocks 00-09% =3D 23 stocks (another bugaboo, can't scan for <10%) =20 It seems like the primary concentration is around 10 to 40%. (But this = may not mean much if it doesn't include all institutional holders.) What would you view as a reasonable % ownership, neither too low nor = too high, for a good CANSLIM candidate? =20 Katherine - ------=_NextPart_000_000E_01C18210.4AC38620 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META content=3D"text/html; charset=3Diso-8859-1" = http-equiv=3DContent-Type> <META content=3D"MSHTML 5.00.2314.1000" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT size=3D2>Hi Katherine,</FONT></DIV> <DIV> </DIV> <DIV><FONT size=3D2>In the filter for the DGO beta scans, I believe if = you want to=20 scan for a limit of 0% to 10%, you only need enter the upper limit and = leave the=20 lower limit blank. Then it will scan for everything up to the upper=20 limit.</FONT></DIV> <DIV> </DIV> <DIV>Tom Worley<BR><A=20 href=3D"mailto:stkguru@netside.net">stkguru@netside.net</A><BR>AIM:=20 TexWorley<BR></DIV> <BLOCKQUOTE=20 style=3D"BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: = 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px"> <DIV style=3D"FONT: 10pt arial">----- Original Message ----- </DIV> <DIV=20 style=3D"BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: = black"><B>From:</B>=20 <A href=3D"mailto:kmalm@earthlink.net" = title=3Dkmalm@earthlink.net>Katherine=20 Malm</A> </DIV> <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A=20 href=3D"mailto:canslim@lists.xmission.com"=20 title=3Dcanslim@lists.xmission.com>canslim@lists.xmission.com</A> = </DIV> <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Tuesday, December 11, = 2001 12:24=20 AM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] = Institutional=20 Ownership</DIV> <DIV><BR></DIV> <DIV><FONT face=3DArial size=3D2>I've been playing around with the new = filtering=20 criteria in the beta DGO and wanted to get the list's point of view on = institutional ownership.</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>(1) The DGO filter only includes = mutual fund=20 ownership, rather than total institutional AND mutual fund ownership. = Do you=20 see this as a problem?</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>(2) Out of curiosity, I scanned for = the=20 following:</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>Price>=3D$10; ADV>=3D90K; A/D = =3D A, B, or C;=20 Price > 50dMA 1% or more (can't do 0.00001!); Price > 200dMA 1% = or more;=20 mutual fund ownership >=3D10%; RS >=3D60.</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>This is a wide net screen that looks = for stocks=20 performing relatively well and liquid enough to be in big hands. If = liquidity=20 were based on total float the results might be different.</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>This gave 717 names. When I started = lopping off=20 mutual fund ownership, the numbers of stocks were:</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>10-90% =3D 713 stocks</FONT></DIV> <DIV><FONT face=3DArial size=3D2>10-80% =3D 712 stocks</FONT></DIV> <DIV><FONT face=3DArial size=3D2>10-70% =3D 711 stocks</FONT></DIV> <DIV><FONT face=3DArial size=3D2>10-60% =3D 708 stocks</FONT></DIV> <DIV><FONT face=3DArial size=3D2>10-50% =3D 696 stocks</FONT></DIV> <DIV><FONT face=3DArial size=3D2>10-40% =3D 634 stocks</FONT></DIV> <DIV><FONT face=3DArial size=3D2>10-30% =3D 470 stocks</FONT></DIV> <DIV><FONT face=3DArial size=3D2>10-20% =3D 227 stocks</FONT></DIV> <DIV><FONT face=3DArial size=3D2>00-09% =3D 23 stocks (another = bugaboo, can't=20 scan for <10%)</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>It seems like the primary = concentration is around=20 10 to 40%. (But this may not mean much if it doesn't include all = institutional=20 holders.)</FONT></DIV> <DIV><FONT face=3DArial size=3D2>What would you view as a reasonable % = ownership,=20 neither too low nor too high, for a good CANSLIM = candidate?</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial = size=3D2>Katherine</FONT></DIV></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_000E_01C18210.4AC38620-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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