Go to Jeff Salisbury LWGate Home Page.From: "Katherine Malm" <kmalm@earthlink.net>
Subject: Re: [CANSLIM] Case Study
Date: Sun, 18 Aug 2002 19:03:52 -0500
Previous Article (by Date): Fw: [CANSLIM] Case Study "Katherine Malm"
Top of Thread: Re: [CANSLIM] Case Study "Norman"
Articles sorted by: [Date]
[Author]
[Subject]
Oh darn it, the web browser doesn't like those imbedded graphics in the Word
Doc.
Try instead:
http://WallStreet-LLC.com/canslim/DueDiligenceExamples.zip
You'll just need to unzip the downloaded file.
Katherine
- ----- Original Message -----
From: "Katherine Malm" <kmalm@earthlink.net>
To: <canslim@lists.xmission.com>
Sent: Sunday, August 18, 2002 6:29 PM
Subject: Fw: [CANSLIM] Case Study
|
| Thanks for the suggestion, Norm, but the site is already there...as it's
one
| of the main links from the Yahoo "due diligence" site I recommend. You'll
| see it about midway on the right of the page. This site is also a great
| launching pad for loads of fundamentals, SEC filings, etc., so is very
| comprehensive--definitely my all time favorite spot to go. Instead, I've
| uploaded a Word document which highlights some of the best links from the
| site.
|
| See it at:
| http://WallStreet-LLC.com/canslim/DueDiligenceExamples.doc
|
| Katherine
|
| |
| | ----- Original Message -----
| | From: "Norman" <theboyd@tisd.net>
| | To: <canslim@lists.xmission.com>
| | Sent: Sunday, August 18, 2002 5:48 PM
| | Subject: Re: [CANSLIM] Case Study
| |
| |
| | | Katherine,
| | |
| | | I forgotten to mention, you should add that site to your "favorites"
| list
| | | that you uploaded. Looks to be a decent info source. Can't have too
| many
| | | sites to track down news.
| | |
| | | norm
| | |
| | | ----- Original Message -----
| | | From: "Katherine Malm" <kmalm@earthlink.net>
| | | To: <canslim@lists.xmission.com>
| | | Sent: Sunday, August 18, 2002 5:00 PM
| | | Subject: Re: [CANSLIM] Case Study
| | |
| | |
| | | > Hi Norm,
| | | >
| | | > Here's another great example as to how technicals tell the story
more
| | | > clearly than the fundamentals or the news. On April 8th, the SEC
| | announced
| | | > that it was closing its investigation.
| | | >
| | | > "PolyMedica Corporation Receives Notice That SEC Investigation Has
| | | > Terminated Apr 08, 2002
| | | > PolyMedica Corporation announced that it received a notice from the
| | | > Securities and Exchange Commission stating that the Commission's
| present
| | | > staff inquiry into the Company has been terminated. The notice also
| | states
| | | > that no enforcement action has been recommended to the Commission."
| | (See:
| | | >
| | |
| |
|
http://yahoo.marketguide.com/MGI/signdevt.asp?target=/stocks/companyinformat
| | | > ion/signdevt&Ticker=PLMD)
| | | >
| | | > (A read through the significant developments itself is like a mine
| field
| | | of
| | | > red flags. )
| | | >
| | | > That announcement was followed by a big price spike, just as you
| noted,
| | | as
| | | > people reacted to the news. This spike came, however after a steep
| | | decline
| | | > in the price and was immediately followed by a high volume reversal
| day
| | | and
| | | > a series of days where price was climbing on low volume ("wedging"
| | | > action)--the stuff of sell rules if nothing else. Notice that price
at
| | | that
| | | > point continued on the path of least resistance and the downtrend
| began
| | | > again.
| | | >
| | | > Price action essentially told us already what wasn't stated until
this
| | | > week's 10Q, i.e., the original investigation was being expanded in
| | scope.
| | | I
| | | > didn't include all the details in my original quote, but the status
of
| | the
| | | > law suits and investigation are included in the section under "Legal
| | | > Proceedings." (See link to SEC filing in my original post)
| | | >
| | | > As Tom suggested earlier today, there's no telling how all this will
| | play
| | | > out, and the powers that be may well be exonerated. But, in the
world
| of
| | | > CANSLIM investing, there's no reason to take the risk in the
meantime.
| | If
| | | > price/volume action and fundamentals set up appropriately, then PLMD
| may
| | | one
| | | > day again be a good candidate. In the meantime, once there's a
stinky
| | fish
| | | > in the works.....it's hard to get out the stench.
| | | >
| | | > Katherine
| | | >
| | | > ----- Original Message -----
| | | > From: "Norman" <theboyd@tisd.net>
| | | > To: <canslim@lists.xmission.com>
| | | > Sent: Sunday, August 18, 2002 12:14 PM
| | | > Subject: Re: [CANSLIM] Case Study
| | | >
| | | >
| | | > | Crimony! They got more troubles than freshmen at a fraternity
| | hazing<g>
| | | > |
| | | > | I guess no one noticed anything amiss on April 8th; what a spike!
| | | > |
| | | > | Norm
|
|
|
| -
| -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.
Previous Article (by Date): Fw: [CANSLIM] Case Study "Katherine Malm"
Top of Thread: Re: [CANSLIM] Case Study "Norman"
Articles sorted by: [Date]
[Author]
[Subject]