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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (3353)	11/3/2002 5:11:09 PM
From: trade15	Read Replies (1) \| Respond to of 8273

marcos You are correct as to what I'm proposing as a basic strategy for finding mining plays. I especially prefer companies which have completed share consolidations and have laid dormant for a while, as every last old share holder is shaken out of their shares. Then you are left with a company who's share structure is so lean, that any interest at all will move the price up by almost a double. But I have found one major problem , which you mentioned, is determining if the insiders are ready to promote this particular stock, or if they are content in just leaving it dormant for a while. I'd love to form a watchlist of stocks, with the criteria of lets say, less than 10 million shares outstanding , a price less than $.30 , and some major insider ownership of shares in the company. I have found it difficult to form the list, since Canada StockWatch's company picker feature, has outdated and inaccurate shares issued for CDNX companies . I'm trying to find a site or service which allows to screen CDNX companies by my criteria and that also allows me to download a symbol list of the selected companies. But I do realize the need of a much greater knowledge of the workings and regulations of financings and why the events occur as they do. It has been my observation, that a mining play that hasn't got major insider ownership or a tight share structure , has a very difficult time moving very far in price. So I'd rather buy in to a company which insiders heavily own , knowing that they at least have a major incentive to try and run the stock price up. I appreciate all the information that you and others have provided and I'll be reading up on the links that you have provided. It's a tough market that we are in , and for a stock to run ,it seems to need all the advantages that it can have. TIA trade15