I just did a scan of stocks between 2 and 5 with the price just crossing the 50dma and still below the 200dma -  HHGP KV.A JADE SRT LACO and LBIX is what I found.  KV.a seems to be the obvious choice because of the volume.

I am interested in your method - maybe you could tell me what additional parameters I should be adding to the scan. Currently, I have stocks between $2 & $5, the 200dma is BELOW the 50dma and the price has just crossed the 50dma upwards.  Running that scan gives me 14 candidates.

ZQK WEN HDY and HNSN have decent volumes while HILL and SCMP are borderline - the rest hardly trade at all.  So I assume you must have some volume parameters that you add.

What else should I be looking for?

Thanks, it's always fun to explore new ways of trying to crack the market!

                      Hey bb.

           It is late and I am quite tired, but came up with some names for you.

               As for your six picks, the only one I seem to like is HNSN.
    Here would be my list to you , followed by an explanation:

       ROYL,NVGN,EEE,TXCC:  you know the deal on these four stocks from my prior posts in ths forum.

       BDCO, SYMX: 
                                   BDCO- currently $4.99, Buy @ $3.70ish
                                    SYMX- currently $2.32,  Buy $1.60ish


        LEI, CIMT:  Looks like I missed/overlooked these two recently, so too late to buy now! I am mad I missed LEI because was a fairly nice "S.S"
                            LEI-BUY: $2.40,  SELL:$3.60 Hit $3.46 already, now @ $3.12
                           CIMT: BUY-$2.90, SELL:$4.15ish, currently  @ $3.42

       Also Look At: BASI,OPXA,ONSM,URZ. I am not recommended these four , but follow them,etc.

     Finally, one that is below the 200dma is AERG. IF, I stress IF, it falls from its' current price of 46 cents to 30 cents(?) in a slow decline over the next 5+- weeks or so, it could triple to about 90 cents or so, almost like Cdti tripled, but the pattern is certainly not as good in my opinion.

            As for your parameters, yes , volume has to be > 100,000 sh per day.

                                          Thanks,

                                                             StarWood  IP

     Sorry....HNSN: currently $2.78, BUY:  Low $2's
 

might be better to hit the casino. at least they'll give you a couple drinks. 

[QUOTE=davidjohnhall]Hi Starwood,

This is all in the interest of education.  

And education can be very expensive. Like blowing out your trading account a few times.

[QUOTE=sieandme][QUOTE=davidjohnhall]Hi Starwood,

This is all in the interest of education.  

Hi sieandme,

Been there myself.  Education costs money one way or another.  But those are valuable lessons and well worth it if you ask me. 

I'd just like to hear what Starwood's original exit strategy was/is.  That way we can better know how he's approaching his strategy.  Talking about winners all day long or which positions gained is fine but you need to know how to manage the trades that don't work out.

David John Hall

well hello:

Not on the royl wagon yet, though i like the sub sector.  still see royl still struggling at the 200ma with r 3 at 3.33.  both of these resistance areas stopping royl cold. would like to see a break through.  in the same sub sector i like pq and axas for a 2 - 5% gain tomorrow (6/15).

good luck
dm

And thats the Holy Grail Don has been speaking to for so many years. I hope he"s well.

Hi bbruin,

That's a great question and more along the lines of what I was looking for starwood to answer.  When you trade low priced stocks like I do you know that no matter how much you like your pattern it doesn't always work.  You can't just get into a stock an assume it's going to give you the return you want.  With low priced stocks there's always the possibility that it's not going to turn around.  I trade a variety of systems and some have stop losses as wide as 50% (which means the position size is very small) but there comes a time when you declare a trade a wash and you move on.

David John Hall

                      Hey bb.

           It is late and I am quite tired, but came up with some names for you.

               As for your six picks, the only one I seem to like is HNSN.
    Here would be my list to you , followed by an explanation:

       ROYL,NVGN,EEE,TXCC:  you know the deal on these four stocks from my prior posts in ths forum.

       BDCO, SYMX: 
                                   BDCO- currently $4.99, Buy @ $3.70ish
                                    SYMX- currently $2.32,  Buy $1.60ish


        LEI, CIMT:  Looks like I missed/overlooked these two recently, so too late to buy now! I am mad I missed LEI because was a fairly nice "S.S"
                            LEI-BUY: $2.40,  SELL:$3.60 Hit $3.46 already, now @ $3.12
                           CIMT: BUY-$2.90, SELL:$4.15ish, currently  @ $3.42

       Also Look At: BASI,OPXA,ONSM,URZ. I am not recommended these four , but follow them,etc.

     Finally, one that is below the 200dma is AERG. IF, I stress IF, it falls from its' current price of 46 cents to 30 cents(?) in a slow decline over the next 5+- weeks or so, it could triple to about 90 cents or so, almost like Cdti tripled, but the pattern is certainly not as good in my opinion.

            As for your parameters, yes , volume has to be > 100,000 sh per day.

                                          Thanks,

                                                             StarWood  IP