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Registered User Joined: 12/11/2004 Posts: 6
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I'm using a canslim scam with tele chart. If you are using a canslim scan let me know if these stocks match your search results. MOVI AXR GIL SLGN RMCF SFSW TPL SNHY USAK
Thanks
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Gold Customer
Joined: 2/1/2005 Posts: 51
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I don't use CANSLIM, used to read IBD religiously, mainly due to easy fundamental criterias, although questionable technical analysis. By just looking at your list, most of them are so thinly traded, I would not touch them. Too easy to manipulate price on this volume. I believe that IBD will agree that you need some sort of volume, and remember they want you to pick stocks with an opportunity for institutional purchases. Institutions will not look at anything below $12, or volume less than 300K per day.
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Registered User Joined: 12/11/2004 Posts: 6
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I got this scan from (removed by Moderator). But the stocks that show up do not look all that good. There must be something wrong with the scan. Oh well I'll try something else.
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Worden Trainer
Joined: 10/1/2004 Posts: 18,819
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Check out this thread....
CANSLIM
Don't be afraid to add PRICE PER SHARE and VOLUME 90-DAY to the scan so you are sure they are good priced liquid stocks.
- Craig Here to Help!
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