Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Teresa Lo who wrote (14704)	8/13/2001 4:02:06 PM
From: Jibacoa	Read Replies (1) of 52237

Teresa: If I can give my grain of salt about a "short cut" to get some FA, I think one way is to start with S&P’s "Current Market Perspectives". It is somewhat easy to pick companies rated A or A+ or with 4 or 5* and to get companies with no LTD and with a significant increase in revenues year after year. At a glance one can see what the S&P estimated earnings are for the following year and how it compares with the current or previous year, so you can pick companies where the estimated earnings are expected to be much better. Often times you can find companies that on the previous year had a significant increase in revenues, but had lower reported earnings with a corresponding price dip and now are showing significant improvement on earnings for the currently reported 3 or 6 months. I think those are good R/R with 75 to 80% probability of profitable trades. You can look at the companies that have had periodic 2x1 splits, how the price usually dips after the split and pick the ones with increasing sales & earnings that are on an "up-trend". Besides the LTD, it is easy to check the Book Value, the % of institutional holdings as well as what the earnings trend has been for the previous 3 years and last but not least THE PRICE CHART FOR THE PREVIOUS 3 YEARS as well as the YEARLY RANGES FOR THE PREVIOUS TEN. <g> In summary it facilitates to: 1. Pick companies with significantly improving revenues for previous 3 years and projected lower P/E based on better estimated earnings. 2. Pick companies with No LTD (or low LTD) and with small float. Or to go with a High Ranking (B+ or better) and 4* or better. 3. To look at the price action for the previous years, so to give 85 to 90% weight to TA. "It is always better to go with the trend."<g> Disclaimer: Although I have subscribed to S&P's Current Market Perspectives for more than 30 years, my long position on MHP is only for the last 10 days and very small.<g> Good luck to all. Bernard

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