RE: [CANSLIM] Intro: David Pinhasik

From: "Mark Kerson" <mkerson@dplus.net>
Subject: RE: [CANSLIM] Intro: David Pinhasik
Date: Thu, 21 Aug 2003 14:31:29 -0400

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Along the same lines Ian; CTEL's volume has risen from a few thousand
shares a day in April to an average daily volume of 126,000 shares now
with EPS of 98. 

I have been watching it for a while wondering what the significance of
this is. 

Its grades are poor and there is no pattern. 

But the large increase in volume is intriguing. 

Mark


- -----Original Message-----
From: owner-canslim@lists.xmission.com
[mailto:owner-canslim@lists.xmission.com] On Behalf Of Ian
Sent: Thursday, August 21, 2003 2:33 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] Intro: David Pinhasik

Hi David:

I am the minority view, and some would say it is NOT CANSLIM at all, but
with just $1000, I would consider some sub $5 nancaps with CANSLIM
fundamentals, growth, low P/E, a strong outlook, and a strong chart. All
these things are the same thing you look for in $15+ CANSLIM stocks, but
they apply to the nanocaps as well.

IMHO, your odds on the nanocaps are better (more winners, less
reversals)
because of the lower relative valuation, and the fact that 'value'
investors
come in as well. But for most people, and almost all institutions, the
absolute dollar value of potential gains is too small to consider them.
But
with $1000, they are very attractive.

Some recent examples - to see what kind of thing I am talking about,
(not
buy recommendations here, my strategy on these kind of things at this
point
is to wait for a pullback to the 13-day ema):

OMNI
MILT
HSR

The important thing to note in the charts of all 3 is the 'relative'
increase in volume in the last week or two. Even though the volume is
still
very small, they have all seen a quantum jump in daily volume.

The best place to find these, in my experience, is in the "earnings"
section
of IBD.

Cheers,

Ian





- ----- Original Message ----- 
From: "The Pinhasiks" <pinhasik@012.net.il>
To: <canslim@lists.xmission.com>
Sent: Thursday, August 21, 2003 8:26 AM
Subject: [CANSLIM] Intro: David Pinhasik


> Hi,
>
> I am a computer programmer working for IBM Global Services. Before the
> market went South, I was active lurker (read Tom's posts very
carefully)
and
> made 100% in 5 short weeks, and since then have been in cash  most of
the
> time except for a few dismal attempts to reenter the market, always
followed
> by a failure. Now, it seems like it may be the time to try again,
albeit
> carefully. My problem is that <blush> I have less than a $1,000 to
play
> with. Could anyone offer a way to screen CS stocks without paying a
fortune?
> I used to use Tom's Weekly Weeview as a starting point for my
research,
but
> now I'm clueless. Any suggestions will be happily accepted.
>
> Thanks,
> David
>
>
> -
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