Re: [CANSLIM] successful stories


From: Ian <ianstm@shaw.ca>
Subject: Re: [CANSLIM] successful stories
Date: Thu, 18 Apr 2002 22:21:37 -0700

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"I invest for the mid to long term, and only consider stocks where I can vocalize a reason why they could go up 100% in a year"

I just wanted to highlight that sentiment. It is, IMHO, INCREDIBLY important. I believe that this game is far too difficult if you're only taking 20-25% out of your winners. Public information on valuation/outlook/volume and experience with how stocks trend should enable us all to paint a picture of 'how far a stock can go over the next few quarters'. If that picture isn't 'at least' a double, it may be hard to make outsized returns.

It is a great exercise to triple the price of a stock you are interested in, and make a solid case for it trading at that tripled price, and having new buyers step in and buy at that tripled price - in our current market environment.

Ian



- ----- Original Message ----- 
  From: Tom Worley 
  To: canslim@lists.xmission.com 
  Sent: Thursday, April 18, 2002 7:31 PM
  Subject: Re: [CANSLIM] successful stories


  Simon,
   
  Year 2001 was the first year in several where I made the time to get back to applying my methodology and discipline. As a result, my IRA finished the year up 76%, a good return in a difficult year, but still below my target of 100%. All my investing is done in small and micro cap stocks, often low priced and thinly traded.
   
  So far in 2002, my IRA is up 16%, less than my expectations but still much better than being in a money market. I also funded my margin acct at the end of Jan '02, it is now up 11.5%, also below target but well ahead of remaining in cash.
   
  In early August 2001, I started a Virtual Reality Fund, totally limited to small and micro cap stocks, mostly in technology. Again, many are low priced and thinly traded. Got hammered post 9/11 like everything, as I was fully invested by then. Nonetheless, the fund is up 24.8% inception to date, and remains well ahead of every index including the Russell 2000. In addition to being a small cap fund, it is now also a sector fund, with 75% in Information Technology.
   
  I invest for the mid to long term, and only consider stocks where I can vocalize a reason why they could go up 100% in a year.
   
  I am not a trader, I am an investor, just applying the same basic CANSLIM principles to a far more difficult and risky portion of the market.
   
  Tom Worley
  stkguru@bellsouth.net
  AIM: TexWorley
  ----- Original Message ----- 
  From: Simon Yang 
  To: canslim@lists.xmission.com 
  Sent: Thursday, April 18, 2002 2:55 PM
  Subject: [CANSLIM] successful stories


  Hi everyone, 

  I am new to this community, I really like to know how successful you CANSLIM investors have done so far with the system. There must be some very successful investors among you. Would you mind share with all? So we all can learn better. 

  simoninvestments.net 

  Simon Yang





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<DIV><FONT size=2><FONT face=Arial>"I invest for the mid to long term, and only 
consider stocks where I can vocalize a reason why they could go up 100% in a 
year"</FONT></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>I just wanted to highlight that sentiment. It is, IMHO, 
INCREDIBLY important.&nbsp;I believe that this game is far too difficult if 
you're only taking 20-25% out of your winners. Public information on 
valuation/outlook/volume and experience with how stocks trend should enable us 
all to paint a picture of 'how far a stock can go over the next few quarters'. 
If that picture isn't 'at least' a double, it may be hard to make outsized 
returns.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>It is a great exercise to triple the price of a stock you are 
interested in, and make a solid case for it trading at that tripled price, and 
having new buyers step in and buy at that tripled price - in our current market 
environment.</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT size=2>Ian</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV>----- Original Message ----- </DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B> 
  <A href="mailto:stkguru@bellsouth.net" title=stkguru@bellsouth.net>Tom 
  Worley</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>To:</B> <A 
  href="mailto:canslim@lists.xmission.com" 
  title=canslim@lists.xmission.com>canslim@lists.xmission.com</A> </DIV>
  <DIV style="FONT: 10pt arial"><B>Sent:</B> Thursday, April 18, 2002 7:31 
  PM</DIV>
  <DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] successful 
  stories</DIV>
  <DIV><BR></DIV>
  <DIV><FONT face=Arial>Simon,</FONT></DIV>
  <DIV><FONT face=Arial></FONT>&nbsp;</DIV>
  <DIV><FONT face=Arial>Year 2001 was the first year in several where I made the 
  time to get back to applying my methodology and discipline. As a result, my 
  IRA finished the year up 76%, a good return in a difficult year, but still 
  below my target of 100%. All my investing is done in small and micro cap 
  stocks, often low priced and thinly traded.</FONT></DIV>
  <DIV><FONT face=Arial></FONT>&nbsp;</DIV>
  <DIV><FONT face=Arial>So far in 2002, my IRA is up 16%, less than my 
  expectations but still much better than being in a money market. I also funded 
  my margin acct at the end of Jan '02, it is now up 11.5%, also below target 
  but well ahead of remaining in cash.</FONT></DIV>
  <DIV><FONT face=Arial></FONT>&nbsp;</DIV>
  <DIV><FONT face=Arial>In early August 2001, I started a Virtual Reality Fund, 
  totally limited to small and micro cap stocks, mostly in technology. Again, 
  many are low priced and thinly traded. Got hammered post 9/11 like everything, 
  as I was fully invested by then. Nonetheless, the fund is up 24.8% inception 
  to date, and remains well ahead of every index including the Russell 2000. In 
  addition to being a small cap fund, it is now also a sector fund, with 75% in 
  Information Technology.</FONT></DIV>
  <DIV><FONT face=Arial></FONT>&nbsp;</DIV>
  <DIV><FONT face=Arial>I invest for the mid to long term, and only consider 
  stocks where I can vocalize a reason why they could go up 100% in a 
  year.</FONT></DIV>
  <DIV><FONT face=Arial></FONT>&nbsp;</DIV>
  <DIV><FONT face=Arial>I am not a trader, I am an investor, just applying the 
  same basic CANSLIM principles to a far more difficult and risky portion of the 
  market.</FONT></DIV>
  <DIV><FONT face=Arial></FONT>&nbsp;</DIV>
  <DIV>Tom Worley<BR><A 
  href="mailto:stkguru@bellsouth.net">stkguru@bellsouth.net</A><BR>AIM: 
  TexWorley</DIV>
  <DIV style="FONT: 10pt arial">----- Original Message ----- 
  <DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A 
  href="mailto:simoninvestments@yahoo.com" 
  title=simoninvestments@yahoo.com>Simon Yang</A> </DIV>
  <DIV><B>To:</B> <A href="mailto:canslim@lists.xmission.com" 
  title=canslim@lists.xmission.com>canslim@lists.xmission.com</A> </DIV>
  <DIV><B>Sent:</B> Thursday, April 18, 2002 2:55 PM</DIV>
  <DIV><B>Subject:</B> [CANSLIM] successful stories</DIV></DIV>
  <DIV><BR></DIV>
  <P>Hi everyone, 
  <P>I am new to this community, I really like to know how successful you 
  CANSLIM investors have done so far with the system. There must be some very 
  successful investors among you. Would you mind share with all? So we all can 
  learn better. 
  <P>simoninvestments.net 
  <P>Simon Yang</P>
  <P><BR>
  <HR SIZE=1>
  <B>Do You Yahoo!?</B><BR><A 
  href="$rd_url/welcome/?http://taxes.yahoo.com/">Yahoo! Tax Center</A> - online 
  filing with TurboTax </BLOCKQUOTE></BODY></HTML>

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