Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Q. who wrote (2096)	2/13/1999 2:37:00 PM
From: RockyBalboa	Respond to of 2506

Thank you for doing that research. In bear times that may become an interesting earnings source... Of that stocks following are not borrowable / shortable at Datek: I divided them into NM (maybe they get marginable soon) and not shortable (less chances they emerge from that). NM: CVOL,ULTI,SYNM,MCAR NS: WRDP,HEB,DMI,SBTK all others are ok. C.

To: Q. who wrote (2096)	2/14/1999 7:05:00 AM
From: Dale Baker	Respond to of 2506

On a nostalgic note, the final chapter in one of the true discount convertible champions of all time, GOTK: cnnfn.com I've been looking into some of the club picks lately; be careful with SOF, any Internet infrastructure provider will have a lot of investor support regardless of the numbers.

To: Q. who wrote (2096)	2/16/1999 3:28:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 2506

URGENT: FNHC is being touted all over SI and Yahoo after huge volume on Friday. I checked their profile and sure enough, they are losing money, have no cash and just finished diluting their stock through discount convertibles. Here is the latest 8-K: sec.gov If it goes over 5, nail it.

To: Q. who wrote (2096)	2/21/1999 11:37:00 PM
From: Vol	Read Replies (1) \| Respond to of 2506

John G, appreciate your short screen. How did you come up with it and, most importantly, has it been backtested? TIA, Vol

To: Q. who wrote (2096)	3/16/1999 12:05:00 AM
From: Q.	Read Replies (3) \| Respond to of 2506

Here are the stocks for the Mar. 99 low RS / neg cash flow screen. The screen is intended to find companies that have liquidity problems and a beaten-down stock price that suggests more problems to come. I did this screen on Mar. 15. The top 25 stocks were as follows, listed with the lowest 18-week RS first: fxen heb ifci apos asvi cvol mcar inis artc xybr thor tmbs pprt sff tsi umh knsy imnr gern diti pgnx cgpi crwf ilxo abio click the link below to see yahoo's detailed report on all 25 stocks: quote.yahoo.com Note the short-sellers favorites at the top of the list: HEB. I'm short MCAR already. UMH is a REIT with a reasonable yield; this is definitely a value stock that defeated the screen's filters to keep such things out. =====================================Boiler plate info: ============ How the scan was done: I used Telescan's Prosearch, available on the web (for a subscription) at tscn.com Search components were: shortability: price > $5 30 day ave vol > 5 k small cap: $20 M < market cap < $200 M low RS: rel performance 18 weeks : low as possible eliminate value stocks: p/b > 3 p/s > 2 free cash flow < 0 cash/price ratio : low as possible I optimized the above parameters in May and June 1998, which was soon after a small cap market peak, by backtesting the results (I played with the p/s, p/b ratios, the time span for the low RS, etc.) and this is the set of parameters that did the best over the previous 3-6 months. The returns from this screen are probably best over a 3+ month holding period.