3SOF

onsm on fire on news

David, what is the difference between shares outstanding and float?

Try this site as well.
Chart gives idea as to what kind of buying is taking place, buying or selling pressure. Also has links to get some fund..

http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?

Quote from: David Randolph on February 15, 2007, 12:45:28 PM

QuoteThanks .. I had to download lastest software changes.  Now I see it

I also don't see those graphs. Isn't MSN Money a website? Why is software needed? Where to download the latest version? I want to see the fundamental graphs too.

Thanks

Click on this link http://moneycentral.msn.com/investor/finder/customstocks.asp

It should prompt for download (I guess).  Each time you erase your internet temporary files, you need to reinstall it.  But it takes seconds 

Quote from: nica33 on February 15, 2007, 12:48:53 PM
David, what is the difference between shares outstanding and float?

Well, here's the definition for float:

«The number of shares of a security available for trading by the public. A company can have 20 million shares outstanding and only 7 million float. A stock with low-float means there is a limited supply of shares, which can often make a stock more volatile.»

I couldn't care less about the float. I pay attention to the market cap, which is given by multiplying the number of shares outstanding by the share price.

When appraising some news impact or making fundamental ratios or whatever in fundamental analysis, you always need to use the market cap, not the float.

The float is meaningless.

Quote from: David Randolph on February 15, 2007, 12:36:22 PM

QuoteSeriously, the first person I have met online who seems genuinely focused on helping others succeed as well without underlying agendas...

Sorry to disappoint you Traderstar, but you need to keep looking for that first encounter, I have an agenda

Those aren't the agenda's I meant ... of course you are building a following using a free "leader" which can - and should - lead to all sorts of good things for you down the road.
What I was referring to are people you find everywhere who pretend to be helping others (especially inexperienced traders) find good stock picks, when they are actually loading up in advance or shorting on the pop.  I knew one in the Worden chat clubs who gave all sorts of "free" advice and got a huge number of people believing in him.  He then used their buying power to drive up a stocks price while he bought puts and made a killing when the stock fell again.  It took me awhile to figure it out .. but that & other incidents scared me away from message boards and chat rooms for 2 years .. until I found OTCBB, then this one.  
I also have paid upwards of $200 per month for membership to services that had absolutely nothing to offer except slick-talking 'gurus' who promised piles of money.

You're a breath of fresh air, and when you achieve your 'agenda', you will still sleep soundly at night.  That is priceless.   :D

QuoteClick on this link http://moneycentral.msn.com/investor/finder/customstocks.asp

It should prompt for download (I guess).  Each time you erase your internet temporary files, you need to reinstall it.  But it takes seconds

It didn't prompt to anything, but it's another great link, worth 2 more rating points

I am settting up nica's criteria in the scanner and am stuck with this:

Screening parameter: Return on Assets Increased Since <In the Last Year>

I see Return on assets for the first box, >= for the second box, but what do I put in the third box? (<in the last year>)

Quote from: David Randolph on February 15, 2007, 01:00:10 PM

QuoteClick on this link http://moneycentral.msn.com/investor/finder/customstocks.asp

It should prompt for download (I guess).  Each time you erase your internet temporary files, you need to reinstall it.  But it takes seconds

It didn't prompt to anything, but it's another great link, worth 2 more rating points

In the bottom of that screen, it appears:

Supercharge your search
Upgrade to the more powerful, easy-to-use
Deluxe Stock Screener

click in the link, download the software and you'll get the deluxe stock screener, and you will be able to see the financial info with graphs.

QuoteWhat I was referring to are people you find everywhere who pretend to be helping others (especially inexperienced traders) find good stock picks, when they are actually loading up in advance or shorting on the pop.  I knew one in the Worden chat clubs who gave all sorts of "free" advice and got a huge number of people believing in him.  He then used their buying power to drive up a stocks price while he bought puts and made a killing when the stock fell again.  It took me awhile to figure it out .. but that & other incidents scared me away from message boards and chat rooms for 2 years .. until I found OTCBB, then this one. 

Yep, I know the type very well. Only someone trading with little capital will even bother to do something like that. Trying to move stocks with talk beyond a few minutes is a waste of time, besides being morally wrong. I write about stocks and other investments for people since March 1999 and I guess I've only done that once ... and it was a shame. I was trying to pump a stock (the only PK I've ever bought) because I genuinely thought fundamentals were great.

But as soon as I saw the stock wasn't able to rise on incredibly positive press releases I wrote that I was selling the stock (it was about 5 or 10% above when I recommended everyone to buy it) and that I saw the risk of it falling 99% to $0.0001 as the company was looking to dilute shareholders value.

The stock was IBCX.PK and it happened, it fell from $0.0070 to $0.0001 in a couple of months. Everybody in the Premium service knows the story. It was a bit of a shame, but since I told people I was selling it wasn't so bad ...

QuoteI also have paid upwards of $200 per month for membership to services that had absolutely nothing to offer except slick-talking 'gurus' who promised piles of money.

Well, it's a tough job. But since I have 8 years of experience doing it (not in the US) I think I'll do ok. I try to keep expectations low and deliver above average results. That has been happening and I'm happy.

I know that there are other websites outthere, like for example www.peterleeds.com that have 15,000 subscribers and their service can only be a "fraud" (how to put 15,000 people in a penny stock, and recommend two new ones every week? What about the old ones that go down? They are forgotten) because they know how to sell their product very well and spend more than $500,000 in Google ad sense a year.

3 Stocks has just 141 subscribers, for now. We're not looking for much more. And we have all the time in the world to grow this business our way.

Anyway, let's move on ... since Ramsburg is on vacations I have nobody to talk about these issues ... but I'm more interested in stocks and stock trading strategies.

Thanks for your kind words Traderstar

QuoteIn the bottom of that screen, it appears:

Supercharge your search
Upgrade to the more powerful, easy-to-use
Deluxe Stock Screener

click in the link, download the software and you'll get the deluxe stock screener, and you will be able to see the financial info with graphs.

Nope, I don't have that on my link. Strange stuff.

HI David,

I have noticed that on occasion there are very large blocks traded afterhours, often on stocks that are moving. How should this be interpeted?

Quote from: ravenquork on February 15, 2007, 01:27:55 PM
HI David,

I have noticed that on occasion there are very large blocks traded afterhours, often on stocks that are moving. How should this be interpeted?

Well, that's after hours trading, that runs from 4 pm ET to 6:30 pm ET as you probably know. After hours trading can be active due to news and people that want to react quickly to them.

As for very large blocks ... well, they can be funds selling shares to one another at a combined price, and they do it after hours on the quiet so that the transaction doesn't get messed up by the regular market activity.

Overall I don't pay attention to the after hours and I never place trades there.

nica33, remember my question for you on IMOT.OB? You never answered it, but I hope you sold the stock, as it fell what, 60% in a few days?

Quote from: David Randolph on February 15, 2007, 01:24:31 PM

QuoteIn the bottom of that screen, it appears:

Supercharge your search
Upgrade to the more powerful, easy-to-use
Deluxe Stock Screener

click in the link, download the software and you'll get the deluxe stock screener, and you will be able to see the financial info with graphs.

Nope, I don't have that on my link. Strange stuff.

David, it took me a lot of clicking around to find the right place.  On the investment page, in column at left is a link that says stock screener.  When you click that, at the bottom of next page is a very small link that says deluxe stock screener.  When you click on that, you have to sign up for MSN first, then it takes you back where you can download the deluxe stock screener.
If your browser does not support the platform, you will get a different screen when you click on the first 'stock screener' link.  I tried it on my Mac and just got a screen with a simple screener on it .. but not the deluxe one.  

Let me know if you can make it work, and if not what browser you are using.