[CANSLIM] Minimum Stock Price - $10


From: Gene Ricci <genr@swbell.net>
Subject: [CANSLIM] Minimum Stock Price - $10
Date: Mon, 05 Aug 2002 13:06:29 -0500

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Actually, $10 is a bare minimum requirement.=20

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.

  ----- Original Message -----=20
  From: Patrick Wahl=20
  To: canslim@lists.xmission.com=20
  Sent: Monday, August 05, 2002 11:47 AM
  Subject: Re: [CANSLIM] OSTE


  15 is about the generally agreed on minimum in the strictest =
application of=20
  CANSLIM (O'Neil suggests this level), but there are people that like =
the lower priced=20
  stocks and have some success there.  I tend to like stocks priced =
above 15.

  On 5 Aug 2002 at 11:25, Chuck Dreier wrote:

  > I was under the impression that a CAN SLIM candidate had to be in =
the $12-15
  > range, at a minimum.  Am I wrong?



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  -To subscribe/unsubscribe, email "majordomo@xmission.com"
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charset=3Diso-8859-1">
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<BODY bgColor=3D#ffffff>
<DIV><FONT face=3D"Comic Sans MS">Actually, $10 is a bare minimum =
requirement.=20
</FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS"></FONT>&nbsp;</DIV>
<DIV><FONT face=3D"Comic Sans MS">to quote IBD:</FONT></DIV>
<DIV><FONT face=3D"Comic Sans MS"></FONT>&nbsp;</DIV>
<DIV>Actually, $10 is a bare minimum requirement. Our studies have shown =
that=20
for New York Stock Exchange-listed stocks it's best to stick to stocks =
over $20.=20
And on the Nasdaq, a $16 minimum is what you should look for. Just =
because a=20
stock is in the Nasdaq 100 means absolutely nothing. The stocks in that =
index=20
that have fallen under $10 are cheap for a reason, and therefore should =
be=20
avoided.<BR></DIV>
<BLOCKQUOTE=20
style=3D"PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; =
BORDER-LEFT: #000000 2px solid; MARGIN-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 title=3Dpjwahl@attbi.com href=3D"mailto:pjwahl@attbi.com">Patrick =
Wahl</A>=20
  </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>To:</B> <A =
title=3Dcanslim@lists.xmission.com=20
  =
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Sent:</B> Monday, August 05, 2002 =
11:47=20
  AM</DIV>
  <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] =
OSTE</DIV>
  <DIV><BR></DIV>15 is about the generally agreed on minimum in the =
strictest=20
  application of <BR>CANSLIM (O'Neil suggests this level), but there are =
people=20
  that like the lower priced <BR>stocks and have some success =
there.&nbsp; I=20
  tend to like stocks priced above 15.<BR><BR>On 5 Aug 2002 at 11:25, =
Chuck=20
  Dreier wrote:<BR><BR>&gt; I was under the impression that a CAN SLIM =
candidate=20
  had to be in the $12-15<BR>&gt; range, at a minimum.&nbsp; Am I=20
  wrong?<BR><BR><BR><BR>-<BR>-To subscribe/unsubscribe, email "<A=20
  =
href=3D"mailto:majordomo@xmission.com">majordomo@xmission.com</A>"<BR>-In=
 the=20
  email body, write "subscribe canslim" or<BR>-"unsubscribe =
canslim".&nbsp; Do=20
  not use quotes in your email.<BR></BLOCKQUOTE></BODY></HTML>

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Next Article (by Subject): Re: [CANSLIM] Minimum Stock Price - $10 "Patrick Wahl"
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