Investment strategies for bottom feeding Message Board

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Microcap & Penny Stocks : Investment strategies for bottom feeding

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To: J.S. who wrote (2)	6/6/1997 6:16:00 PM
From: Tim Fierro	of 15

How about: stocks trading at less than 20% of their 1 year average and less than $2. Granularity kicks in about there -- relatively minor issues cause a proportionally large change in share price. Criteria # 01: The stock is traded on NASDAQ (No OTC:BB Stocks) Criteria # 02: Current 'ASK' price is $2 or less Criteria # 03: Current 'ASK' price is 20% less than the 200 day moving average Does the 1st 3 items look appropriate? Next item: Balance Sheet. Net equity/share? debt/equity? Any suggestions? Well, let's nail down the above 3 1st so we have a starting point. Since it is you and me at this point, we should agree on the items we are selecting and discuss which is the best way to go. <g> After those 3 are discussed, let's work on shares outstanding so we know there is not too many shares out; profitable or close to being profitable?; etc... If you want want, we can go from the 1st 3 to the net equity and debt equity, but I think those are more later helpful items as opposed to searching for stocks that meet the 1st criterias. Do you see major correlations between debt to equity and net to equity that something (number) can be found to be profitable in some range? Tim

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