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.
Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna -- Ignore unavailable to you. Want to Upgrade?


To: SteveF who wrote (28942)10/15/2012 11:26:02 PM
From: the_big_guyRespond to of 53574
 
Some years back I sat down and wrote out what my stock-picking criteria were. In an absolute sense, based on my education, experience, and research. It takes that kind of thought process... no more friend's recommendations, internet alerts, whatever. It is amazing when you look at how risky various markets are compared to each other. Based on those criteria, stocks on the NYSE and TSX are pretty good. The Venture exchange and NASDAQ are about comparable as well. The OTC, comparatively, is a wasteland. Interestingly enough, I also made my biggest score on the OTC, the hype factor being the most important driver. OTC stocks are by and large scams with poor governance.

As an aside, my criteria right now yield about 30 stocks on Canadian exchanges. On the US exchanges, the same criteria yield only about 5 or 6 stocks. Personally, I see a big turnaround in the US as it becomes self-sufficient in oil in 5 to 10 years. When that happens... look out above!!