Re: [CANSLIM] Minimum Stock Price - $10

From: "Patrick Wahl" <pjwahl@attbi.com>
Subject: Re: [CANSLIM] Minimum Stock Price - $10
Date: Mon, 5 Aug 2002 12:11:26 -0600

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That's an odd quote - IBD says 20 is the minumum on NYSE and 16 on Nasdaq, 
then they say 10 is a minimum.  Which is it?  well, I'll stick with my 15 or 
thereabouts.

On 5 Aug 2002 at 13:06, Gene Ricci wrote:

> Actually, $10 is a bare minimum requirement. 
> 
> to quote IBD:
> 
> Actually, $10 is a bare minimum requirement. Our studies have shown that for
> New York Stock Exchange-listed stocks it's best to stick to stocks over $20.
> And on the Nasdaq, a $16 minimum is what you should look for. Just because a
> stock is in the Nasdaq 100 means absolutely nothing. The stocks in that
> index that have fallen under $10 are cheap for a reason, and therefore
> should be avoided.



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