Dave, re. screening for stocks ending with D and E:
I tried it once following Drakes' suggestion: I downloaded a list of all symbols and stock prices on nasdaq, imported it into Excel, and then doing a little spread-sheet programming, I used some excel functions to identify symbols consisting of 5 characters and then those that were either D or E, and then I filtered them for stock price.
re. where you get your list of symbols and stock prices to start the process, I'm not sure if there is a freely available source. I used the Stockquest database, produced by MarketGuide, but it isn't available for free downloading, although I noticed that certain discount brokers make it available free to their customers via the brokerage web page.
Aside from *how*, another important question is *when* to do this exercise. I would suggest waiting 30+ days after a major 10k or (less attractively 10Q) filing deadline.
End of March is the most common 10k deadline, since most fiscal years end 12/31, and this led to EQMDE and PAMCE, which were > $5 and delisted. I would expect to find fewer successful finds for other FY end dates, since 12/31 is the most common end of FY. |