SI
SI
discoversearch

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 : Shorting stocks: Mechanical aspects

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Q. who wrote (63)7/28/1998 1:24:00 PM
From: Banjoman  Read Replies (3) of 172
 
>>By picking only the stocks that had zero yield and NMF p/e, we found that we got only the the VL stocks with the shakiest cash situations. This was easy, because it required only looking at a single page of a VL booklet.<<

I'll take a look at this. Doesn't pick many stocks though (in fact, only 4 above $5/share in this issue - Apria, National Semi, PRIA, and Western Digital).

Looking at old VL's - on 4/17 it picked 4 stocks, 2 of which are down 50% or more (Acme Metals and OXHP), and the other two are also down.

Scanning some other, seems to be a good way to catch broken stocks - Bosten Chicken would have been sold short (at 7 on 3/6). Also picks up tech stocks. Some weeks there are no stocks - never more than 4 in the last 6 months. On current list, Apria is the only broken stock candidate, I think.

Don
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext