$10 and Under : New 52 Week Highs Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : $10 and Under : New 52 Week Highs

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ~digs who wrote (463)	10/14/2007 12:17:01 PM
From: bruwin	Read Replies (1) of 557

I believe O’Neil’s "It is one of the great paradoxes of the stock market that what seems too high usually goes higher" appears on page 25 of "How To Make Money In Stocks" (2nd.Ed.) . In Chap.3, which elaborates on the "N" of "CANSLIM", he apparently found that successes in American industry either had a major (N)ew product or service, (N)ew management, or an important change for the better in the conditions of their particular industry. Possibly it could be argued that UGTH falls into the third requirement. There again, O’Neil also said many other things regarding stock selection strategy ... Let’s see what he said on page 18 of "24 Essential Lessons for Investment Success", regarding Fundamental Analysis ... "We’ve found that a company’s profitability is one of the most important factors that affect the stock price. This means buying only stocks that show consistent earnings improvement, have increased sales and have preferably both strong profit margins and a high return on equity", and " ... concentrate on stocks with annual earnings growth rates of 30% or more for the past three years." And on page 24 we read ... "We’ve found that strong sales and earnings were among the most important characteristics of winning stocks". Personally, I doubt that UGTH or RZ would satisfy O’Neil’s latter requirements. ORA would come closer, although its debt expense is high and ROE is not the best. So I guess it’s a case of "you pays your money, and you takes your choice" and "each to his (or her) own", when it comes to an individual’s approach to stock market investment and participation.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next