Go to Jeff Salisbury LWGate Home Page.From: Ian <ianstm@shaw.ca>
Subject: Re: [CANSLIM] RADA
Date: Mon, 17 Feb 2003 08:17:41 -0800
Next Article (by Author): Re: [CANSLIM] ctsh "Tom Worley"
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I second Tom's comments about stop-losses. You really cannot use them on stocks with very low ADV's - the chances of getting taken out 'out of the blue' (and then having the stock reverse back up and continue its uptrend unabated) are very high, in my experience.
Ian
----- Original Message -----
From: Tom Worley
To: canslim@lists.xmission.com
Sent: Thursday, February 13, 2003 8:14 PM
Subject: Re: [CANSLIM] RADA
if I was trying to buy 10,000 or so shares, then I wouldn't consider it. If I was buying 500 shares, then I might, but I would use limit buy and sell orders (and presume I would not be able to use a stop loss order) so to guard against too large of a spread.
I have made nice money buying a stock when the ADV is low. EPIQ is just one example. The first several trips I made on it, the ADV was well under 10,000. In each case when I sold it, the ADV was pushing 100,000. I never had a problem getting out of it, only getting in at my stingy buy limits.
----- Original Message -----
From: David Taggart
To: canslim@lists.xmission.com
Sent: Thursday, February 13, 2003 4:49 PM
Subject: RE: [CANSLIM] RADA
I think it is a very valid concern. If you do a ton of dd and like it for a long term hold then it isnt much of a concern but for CANSLIM and any other fairly active style I would shy away from stocks like this. The longer the intended holding period the less the liquidity matters.
David Taggart
-----Original Message-----
From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com]On Behalf Of Erik Harris
Sent: Thursday, February 13, 2003 2:40 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] RADA
Interesting stock to watch. I'm just curious though, would it not worry you/anyone to buy a stock that on avg is only trading about 10,000 shares (up from 8,500 a week ago).
I would be afraid that if I needed to sell quickly, it might be difficult. Is this a legitimate fear?
Erik
----- Original Message -----
From: Tom Worley
To: canslim@lists.xmission.com
Sent: Wednesday, February 12, 2003 7:03 AM
Subject: Re: [CANSLIM] RADA
way too extended to be a buy right now. Reporting Q4 earnings a week later than normal, market seems to think that is a good sign.
----- Original Message -----
From: Vanchee1@aol.com
To: canslim@lists.xmission.com
Sent: Tuesday, February 11, 2003 10:48 PM
Subject: [CANSLIM] RADA
RADA 80/87 B
A lower priced stock that might be worth checking out, making new high on very good volume. BigCharts - QuickCharts
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<DIV><FONT size=2>I second Tom's comments about stop-losses. You really cannot
use them on stocks with very low ADV's - the chances of getting taken out 'out
of the blue' (and then having the stock reverse back up and continue its
uptrend unabated) are very high, in my experience.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Ian</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<BLOCKQUOTE dir=ltr
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<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, February 13, 2003 8:14
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] RADA</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial>if I was trying to buy 10,000 or so shares, then I
wouldn't consider it. If I was buying 500 shares, then I might, but I would
use limit buy and sell orders (and presume I would not be able to use a stop
loss order) so to guard against too large of a spread.</FONT></DIV>
<DIV><FONT face=Arial></FONT> </DIV>
<DIV><FONT face=Arial>I have made nice money buying a stock when the ADV is
low. EPIQ is just one example. The first several trips I made on it, the ADV
was well under 10,000. In each case when I sold it, the ADV was pushing
100,000. I never had a problem getting out of it, only getting in at my stingy
buy limits.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial></FONT> </DIV>
<DIV style="FONT: 10pt arial">----- Original Message -----
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A
href="mailto:dctag@mavericktrading.com" title=dctag@mavericktrading.com>David
Taggart</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, February 13, 2003 4:49 PM</DIV>
<DIV><B>Subject:</B> RE: [CANSLIM] RADA</DIV></DIV>
<DIV><BR></DIV>
<DIV><SPAN class=195484721-13022003><FONT color=#0000ff face=Arial size=2>I
think it is a very valid concern. If you do a ton of dd and like it for
a long term hold then it isnt much of a concern but for CANSLIM and any other
fairly active style I would shy away from stocks like this. The longer
the intended holding period the less the liquidity
matters.</FONT></SPAN></DIV>
<DIV><SPAN class=195484721-13022003><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=195484721-13022003><FONT color=#0000ff face=Arial
size=2>David Taggart</FONT></SPAN></DIV>
<BLOCKQUOTE dir=ltr style="MARGIN-RIGHT: 0px">
<DIV align=left class=OutlookMessageHeader dir=ltr><FONT face=Tahoma
size=2>-----Original Message-----<BR><B>From:</B> <A
href="mailto:owner-canslim@lists.xmission.com">owner-canslim@lists.xmission.com</A>
[mailto:owner-canslim@lists.xmission.com]<B>On Behalf Of </B>Erik
Harris<BR><B>Sent:</B> Thursday, February 13, 2003 2:40 PM<BR><B>To:</B>
canslim@lists.xmission.com<BR><B>Subject:</B> Re: [CANSLIM]
RADA<BR><BR></FONT></DIV>
<DIV><FONT face=Arial size=2>Interesting stock to watch. I'm just
curious though, would it not worry you/anyone to buy a stock that on avg is
only trading about 10,000 shares (up from 8,500 a week
ago).</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>I would be afraid that if I needed to sell
quickly, it might be difficult. Is this a legitimate
fear?</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Erik</FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<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> Wednesday, February 12, 2003
7:03 AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: [CANSLIM] RADA</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial>way too extended to be a buy right now. Reporting Q4
earnings a week later than normal, market seems to think that is a good
sign.</FONT></DIV>
<DIV> </DIV>
<DIV style="FONT: 10pt arial">----- Original Message -----
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A
href="mailto:Vanchee1@aol.com" title=Vanchee1@aol.com>Vanchee1@aol.com</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> Tuesday, February 11, 2003 10:48 PM</DIV>
<DIV><B>Subject:</B> [CANSLIM] RADA</DIV></DIV>
<DIV><BR></DIV><FONT face=arial,helvetica><FONT face="Century Gothic"
lang=0 size=2 FAMILY="SANSSERIF">RADA 80/87 B<BR><BR>A lower priced stock
that might be worth checking out, making new high on very good volume. <A
href="http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=rada&sid=0&o_symb=rada">BigCharts
- QuickCharts</A>
</FONT></FONT></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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