thanks Webby, i'm flattered !!
i think we covered how to find stocks before..........but..........a brief run down on my methods, though its certainly not anything technical.
picking 20-30 roughies out of the AFR...........thin them to 3M MC or less..........low number of shares, low debt, not much activity within the company. That gets me a short list............
T20..........who's there (most important)
who's buying, or, a new appointment to the board
any hints of future direction
collaborating info with friends/associates
liquidity.........not frightened of tight stocks, but will try to assess if its possible to get in, either with small orders to stay under the radar, or a big one to flush out any big holders wanting an exit...........i usually dont worry about liquidity for an exit, as i am primarily going in to wait for an event, which will provide the liquidity (having said that, i have been caught in stocks that wont even let you out at all !)
HC threads.......quite useful to get sentiment, and pick up little scraps of info about company or board etc........saves a lot of google searching............No posts on the thread will prick my ears up.......as will posts by one or two posters only (lonely guys, stuck in a slow moving shell!!)
For the goldies i have traded, it was basically finding ones with a nice little resource, and having the chance to tackle a big holder getting out (GMD, BAR were prime ones).....
so many factors, but its basically research, assembling the clues...........and...........gut instinct is a big factor, trying to predict the future and having the conviction to go in alone...........sometimes it works, sometimes its a disaster !
We all have our methods for stock picking...........my methods would probably horrify some traders, and, i wouldnt know how to pick a TA entry, or assess a company on its financials, or, assess a tech acquisition............we all find our niche, and find other posters who a good at their assessments, and, getting a mix of all that, gives us all a head start on the market..........and...........this is the thread where you find the pick of them (as well as the XSO thread)
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