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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: OldAIMGuy who wrote (3683)12/26/1997 2:01:00 PM
From: Bruce A. Bowman  Read Replies (3) | Respond to of 18928
 
Hi Tom- I need a little help with this one. The first colimn of numbers is apparently the last closing price. What's the 2nd column? 52-Wk Low? If that's the case, I guess he left out the 52-Wk High to save space. It leaves me wondering, though, why there's no entries for delta for CY & LLTC.

On the chance you understand Charlie's explanation of Hi-Low apx, perhaps you can lend some insight into what it's supposed to represent. It appears to be the algebraic sum of 52-Wk High delta (%) and 52-Wk Low delta (%), which makes it an relate to % of range but significantly different. I'm guessing he uses this because it better represents potential volatility than directly using % of 52-week range. Seems to be a very clever screening tool for finding potential movers.

Bruce



To: OldAIMGuy who wrote (3683)12/28/1997 7:23:00 AM
From: Bernie Goldberg  Read Replies (1) | Respond to of 18928
 
Hi Everyone,
Hope you all had merry Christmases, happy Hannukahs etc. Here at the Goldberg house we are looking forward to the new year. As Ann puts it, it will be nice to be able to go on a trip someplace, (anyplace) without having to wait for the weekend.
Had another good two week period with AIM! AZC, Ann's little gold mine in Arizona gave us another sell at 1.6875. AIM's performance with this stock has been very interesting. Our initial purchase was for 1100 shares at 1.6875. Five months (March 97)later Ann made another contribution to her IRA and purchased another 1000 shares at 1.9375. From there the stock did it's AIM thing going all the way down to .9375 a share. We followed AIM's advice and kept purchasing shares up to 3300. Now with it back to 1.6875 we've sold about 16% of our shares at loss, but have a 16%profit overall. People who have been using AIM for some time are aware of this anomaly I am sure. The reason I am going into the short but detailed history of this stock is for the benefit of newcomers to AIM. I just wish we had started out with more than 1100 shares. Happy New Year to all.
Bernie
PS: Tom correct me if I am wrong. Since the inital purchase was 2100, portfolio control was 2100. If we had purchased let's say 6000 shares would we have gotten more activity out of this AIM program? Throughout this program I have maintained a minimum transaction size of $500.



To: OldAIMGuy who wrote (3683)12/28/1997 7:04:00 PM
From: Linda Kaplan  Respond to of 18928
 
Tom,

Could you explain the meaning of the last three columns on the graph?

Thanks.

Linda