AW: [CANSLIM] Institutional Ownership

From: Andreas Himmelreich <judgejimmy@web.de>
Subject: AW: [CANSLIM] Institutional Ownership
Date: Tue, 11 Dec 2001 12:23:55 +0100

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Boucher says 1 - 16% is optimum (fuel), 35% max, David Ryan (an successfull 
student of Oneil, interviewed in market wizzards) says 1 - 20%.
Boucher adds Banks and Fonds.

I do not like Stocks that have more then 30 - 40%, the stock then is 
already known to everybody.
Thats the reason why I bought ECTX (15% Banks and Fonds, less shares 
outstanding) instead of UTSI (50% Banks and Fonds)

> -----Ursprungliche Nachricht-----
> Von:	Katherine Malm [SMTP:kmalm@earthlink.net]
> Gesendet am:	Tuesday, December 11, 2001 6:25 AM
> An:	canslim@lists.xmission.com
> Betreff:	[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.
>
> (1) The DGO filter only includes mutual fund ownership, rather than total 
institutional AND mutual fund ownership. Do you see this as a problem?
>
> (2) Out of curiosity, I scanned for the following:
>
> Price>=$10; ADV>=90K; A/D = A, B, or C; Price > 50dMA 1% or more (can't 
do 0.00001!); Price > 200dMA 1% or more; mutual fund ownership >=10%; RS 
>=60.
>
> 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.
>
> This gave 717 names. When I started lopping off mutual fund ownership, 
the numbers of stocks were:
>
> 10-90% = 713 stocks
> 10-80% = 712 stocks
> 10-70% = 711 stocks
> 10-60% = 708 stocks
> 10-50% = 696 stocks
> 10-40% = 634 stocks
> 10-30% = 470 stocks
> 10-20% = 227 stocks
> 00-09% =  23 stocks (another bugaboo, can't scan for <10%)
>
> 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?
>
> Katherine
>  << Datei: ATT00011.htm >> 

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