Go to Jeff Salisbury LWGate Home Page.From: "Chris Jones" <SwingKid104@attbi.com>
Subject: Re: [CANSLIM] You mijght want to check out CVU
Date: Mon, 30 Jun 2003 00:13:43 -0600
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This is a multi-part message in MIME format. - ------=_NextPart_000_0008_01C33E9C.7787E1C0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable CVU certainly does have a nice chart pattern - though I am also only a = novice. It has 2.3% institutional ownership - which is toward the low = end of the range - yet still acceptable since more is not necessarily = better. The fundamentals aren't the best, but according to = CwHCharts.com (I think), fundamentals is often a lagging indicator. I think I'm gonna take a shot at this one. Anyone else have an opinion? Chris ----- Original Message -----=20 From: Bob Hodes=20 To: canslim@lists.xmission.com=20 Sent: Sunday, June 29, 2003 8:44 PM Subject: [CANSLIM] You mijght want to check out CVU The American Assn of Individual Investors provides, to subscribers, = stock screens that model the stock selection strategies of various money = managers including WON. The IBD website recently had a link to the = AAII article on CANSLIM. I haven't checked recently to see if that link = is still available. I just reviewed the AAII Canslim selections for this month and one = chart looked pretty interesting. Nice CWH, handle is sloping downward, = volume dried up at the trough and in the handle, breakout on Friday on = well above average volume. So I send this along for your inspection. =20 The price is too low to meet strict IBD criteria but the chart looks = nice to the eyes of this novice CANSLIMER. You can check out the = fundamentals yourself. =20 I mention this stock b/c I'm trying to figure out how well CANSLIM = does for below $10-15 stocks. I've have only followed a few so far = (AMI, ORCC, MRGE, and now CVU) and I was wondering if anyone has = reported empirical data on these low priced stocks. I assume WON's = reticence with low priced stocks has to do with their lack of = institutional ownership; is that correct and perhaps liquidity concerns. = Is that true? - ------=_NextPart_000_0008_01C33E9C.7787E1C0 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable <!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=3DContent-Type content=3D"text/html; = charset=3Diso-8859-1"> <META content=3D"MSHTML 6.00.2800.1170" name=3DGENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=3D#ffffff> <DIV><FONT face=3DArial size=3D2>CVU certainly does have a nice chart = pattern -=20 though I am also only a novice. It has 2.3% institutional = ownership -=20 which is toward the low end of the range - yet still acceptable since = more is=20 not necessarily better. The fundamentals aren't the best, but = according to=20 CwHCharts.com (I think), fundamentals is often a lagging = indicator.</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>I think I'm gonna take a shot at this = one. =20 Anyone else have an opinion?</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>Chris</FONT></DIV> <BLOCKQUOTE dir=3Dltr=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=3Drchodes@charter.net href=3D"mailto:rchodes@charter.net">Bob = Hodes</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> Sunday, June 29, 2003 = 8:44 PM</DIV> <DIV style=3D"FONT: 10pt arial"><B>Subject:</B> [CANSLIM] You mijght = want to=20 check out CVU</DIV> <DIV><BR></DIV> <DIV><FONT face=3DArial size=3D2>The American Assn of Individual = Investors=20 provides, to subscribers, stock screens that model the stock selection = strategies of various money managers including WON. = The IBD=20 website recently had a link to the AAII article on CANSLIM. I=20 haven't checked recently to see if that link is still=20 available.</FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>I just reviewed the AAII Canslim = selections=20 for this month and one chart looked pretty interesting. = Nice CWH,=20 handle is sloping downward, volume dried up at the trough and in the = handle,=20 breakout on Friday on well above average volume. So I send this = along=20 for your inspection. </FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>The price is too low to meet strict = IBD criteria=20 but the chart looks nice to the eyes of this novice CANSLIMER. You can = check=20 out the fundamentals yourself. </FONT></DIV> <DIV><FONT face=3DArial size=3D2></FONT> </DIV> <DIV><FONT face=3DArial size=3D2>I mention this stock b/c I'm trying = to figure out=20 how well CANSLIM does for below $10-15 stocks. I've have only = followed a=20 few so far (AMI, ORCC, MRGE, and now CVU) and I was wondering if = anyone has=20 reported empirical data on these low priced stocks. I assume = WON's=20 reticence with low priced stocks has to do with their lack of = institutional=20 ownership; is that correct and perhaps liquidity concerns. Is = that=20 true?</FONT></DIV></BLOCKQUOTE></BODY></HTML> - ------=_NextPart_000_0008_01C33E9C.7787E1C0-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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