Re: AW: Shorting (was Re: [CANSLIM] MCAF)

From: <rolfh@mindspring.com>
Subject: Re: AW: Shorting (was Re: [CANSLIM] MCAF)
Date: Fri, 18 Jan 2002 10:48:06 -0500

Next Article (by Subject): AW: [CANSLIM] MCAF Andreas Himmelreich
Previous Article (by Subject): AW: Shorting (was Re: [CANSLIM] MCAF) Andreas Himmelreich
Top of Thread: AW: Shorting (was Re: [CANSLIM] MCAF) Andreas Himmelreich
Articles sorted by: [Date] [Author] [Subject]

Caveat: I've never shorted a stock (tried shorting KM about 10
days ago at $5.01 but got too busy at work to put the order in -
dang!), but here's a couple of points after looking at a few on
your list:

1. some (most? all?) brokerages don't allow shorting stocks with
   a closing price of less than $5.00 - leaves out, e.g, APW
2. when shorting, you pay the dividend - So I'd avoid shorting
   a stock with a hefty dividend, e.g., TI

 Rolf


canslim@lists.xmission.com wrote:
> I will post the list, after my database ist updated ...
The screen -->

EPS and RS below 50 (DGO)
ACC DISS C or D or E (DGO)
Growth below 0 (DGO)
SMR C or D or E (DGO)
TIME C or D or E (DGO)
Vector Vest Recomendation Sell

Based on this list the due dilligence and the technicals start ...

List (as of Tuesday data)

ACLA
AMSC
NGEN
LQU
HSII
GTW
APW
GMST
MERX
UIC
TI
AGRA
ANAD
ISIL
RFMD
CPST
MEE
WCG
APN
SPC
TWK
CHTR
NLI
PGTV
ABGX
BPUR
CRXA
CBST
CRGN
GX
HGSI
IMGN
NPSP
PCYC
RIGL
TNOX
VRTX
VGIN
AGEN
CNC
NC
ABMD
GERN
VTS
SSCC
TIN
TOY
APS
DCEL
NXTL
NXTP
TPC
UNWR
UPCS
AMT
BW
CCI
ERICY
GEMP
TERN
BRW
LWIN
TEO




> -----Ursprungliche Nachricht-----
> Von:	Tom Worley [SMTP:stkguru@netside.net]
> Gesendet am:	Friday, January 18, 2002 1:00 PM
> An:	canslim@lists.xmission.com
> Betreff:	Shorting (was Re: [CANSLIM] MCAF)
> 
> Good luck, Andreas, let us hear how you do.
> 
> Do you have any particular targets right now that you are willing to share
> with us?
> 
> Tom Worley
> stkguru@netside.net
> AIM: TexWorley
> ----- Original Message -----
> From: "Andreas Himmelreich" 
> To: 
> Sent: Friday, January 18, 2002 6:59 AM
> Subject: AW: [CANSLIM] MCAF
> 
> 
> > Well, I started to work on some shorting screens (the ones from Boucher)
> in my Stock database (merged out of DGO and Vector Vest)
> > and the "backtesting" over the last week was good, much better then the
> long screens (even yesterday).
> >
> > I am a novice to short trading, so I will only play with 5% of my capital
> ...
> >
> >
> > > -----Ursprungliche Nachricht-----
> > > Von: Dave [SMTP:drubin@i-2000.com]
> > > Gesendet am: Friday, January 18, 2002 12:00 AM
> > > An: canslim@lists.xmission.com
> > > Betreff: RE: [CANSLIM] MCAF
> > >
> > > Not only am I raising cash I'm seriously tempted to short stocks into
> > > earnings.
> > >
> > > ISSX is running up and earnings are next Wednesday. Odds are it will
> sell
> > > off, as did CHKP and MCAF.
> > >
> > > My only remaining holding is ASCA which is in the gaming industry and so
> > > far holding up.
> > >
> > >
> > >
> > > > -----Original Message-----
> > > > From: owner-canslim@lists.xmission.com
> > > > [mailto:owner-canslim@lists.xmission.com]On Behalf Of Andreas
> > > > Himmelreich
> > > > Sent: Thursday, January 17, 2002 3:31 PM
> > > > To: 'canslim@lists.xmission.com'
> > > > Subject: AW: [CANSLIM] MCAF
> > > >
> > > >
> > > > So who is in cash by now?
> > >
> > >
> > > -
> > > -To subscribe/unsubscribe, email "majordomo@xmission.com"
> > > -In the email body, write "subscribe canslim" or
> > > -"unsubscribe canslim".  Do not use quotes in your email.
> >
> > -
> > -To subscribe/unsubscribe, email "majordomo@xmission.com"
> > -In the email body, write "subscribe canslim" or
> > -"unsubscribe canslim".  Do not use quotes in your email.
> >
> >
> 
> 
> 
> -
> -To subscribe/unsubscribe, email "majordomo@xmission.com"
> -In the email body, write "subscribe canslim" or
> -"unsubscribe canslim".  Do not use quotes in your email.

- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.


- -
- -To subscribe/unsubscribe, email "majordomo@xmission.com"
- -In the email body, write "subscribe canslim" or
- -"unsubscribe canslim".  Do not use quotes in your email.

Go to Jeff Salisbury LWGate Home Page.