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Yuki,
You are absolutely correct, I had my liquidity filter set
much too low. Fortunately I did not trade this stock.
I will readjust the filter much higher, and sleep much
better nights.
Thanks for for input.
Tom B
--- In amibroker@xxxxxxxxxxxxxxx, "yukitaga" <yukitaga@xxx> wrote:
>
> Tom,
>
> I can't say much for the group, or for making decisions this way,
but
> look at the stock, for goodness sake.
>
> On a weekly basis, it's been in a death spiral since the beginning
of
> the year.
>
> Since, oh, May, it trades the "whopping" total of about US dollar
value
> 2 million a day, give or take a bit. I, or a lot of people like
me,
> could buy an entire day's worth of trade. Think what a really
major
> holder could do if they decided they suddenly didn't like the
thing.
> And the major holder is the one who has the best information.
There
> are players that could drive this thing into the ground with a
croquet
> mallet. Nobody else knows enough about the thing to defend it,
> assuming it's worth defending in the first place.
>
> Even with the speculators that came in during late October, you are
> talking about a stock that can only muster about 7 or 8 million
dollars
> a day in volume. It's a puddle, not even a pond, and far from an
ocean.
>
> Anything like that can get hacked in half next week, with no notice
at
> all -- group or sector notwithstanding. I have enough capital to
do
> it, providing I had enough information. How much information did
you
> have (assuming you traded it)?
>
> Pipsqueak stocks that go from 8.70 to 7.43 in two weeks, on about
four
> times the normal weekly volume that was never *real* volume in the
> first place are NOT giving encouraging signs. ^_^
>
> In today's world, a few million dollars a day is flat out
*nothing*,
> unless it's steadily increasing. If you give these people enough
rope,
> they will surely hang you.
>
> I hope you didn't get too badly burned.
>
> Yuki
>
> --- In amibroker@xxxxxxxxxxxxxxx, "palmharbor7" <palmharbor7@>
wrote:
> >
> > Thanks for the updated Yahoo database with concise directions,
> > your effor is much appreciated. After seeing small time drug
> > manufacturer AVNR tank 50% last week I now use the IndustryID()
> > to eliminate this voltile catagory from my stock selections.
> >
> > Tom B
>
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