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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

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To: drakes353 who wrote (957)3/23/1998 7:50:00 AM
From: Q.  Read Replies (2) of 2506
 
all: I did a screen for broken stocks using Telescan's Prosearch
(http://www.tscn.com), and here are the top 5 stocks I came up with:

BASEA, SHEL, HOG, PRRC, BREW

quote.yahoo.com

As it happens, BASEA is one I'm already short. The others I've never
heard of, but clicking on the link above will give all kinds of news,
charts, etc. for all of them. All have a PSR of 3 or less.

The criteria for the screen were:

* lowest possible RS meeting all the following absolute requirements:

* weak financials:
negative free cash flow
cash/price ratio < 0.1
current ratio < 2
EPS < -0.1

* small cap:
market cap between 30M and 250 M

* shortable:
stock price > $5
volume > 10k
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