Before I invented The PPT, I used to spend countless hours scouring for stocks that takes me seconds to find now, literally. I am going to share one of my favorite screens with you leaches now, in the spirit of giving and democracy. The way I figure, if President Obama can spend billions on liberating a population of 6 million, the least I can do is share a simple screen or two.
Criteria:
Technical reading: over 2 (tech score consists of acc/dist, price performance, relative strength, volatility and volume, as well as proprietary “fifth column” and sub rosa metrics aka secret sauce)
Market cap: over 1 billion
ROE: over 15
Short %: over 10%
FPE: under 35
Quarterly Revenue Growth: over 25%
% from SMA 20: between -5% to +5%
Clarification: I am using SMA20 because I like buying stocks that are in uptrends. However, it’s not a deal killer.
Results:
CLR
INT
AMKR
CNS
SWI
PRAA
YGE
SOHU
CAVM
What’s next?
Cross reference seasonality data to see if there are any standouts.
Both PRAA and CNS standout in that regard. However, seasonality data does not make me buy stocks. It’s more of a novelty. The critical part of making the decision to buy a stock is timing. Is the timing right?
Enter recent PPT extreme range chart.
As you can see, The PPT registered a very high reading yesterday. As a matter of fact, it was the 2nd highest reading ever. To me, first and foremost, this is a sign to tread carefully, which is why I opted to nibble on FORM today, instead of bite. I still have a 25% cash position.
Finally, the last of the leg work is good old fashioned detective work, which entails reading through research, listening to conference calls and calling management. I know most of you do not bother to listening to calls or reaching out to management. Let me tell you, that is a HUGE mistake. How do you think I knew so much about FTK? There was no research available or informative press releases. Call the company and build a rapport. You will be shocked by the value you can extract from meeting with management or conducting private client conference calls.
These are just some of the methods used to find new ideas. Often times, ideas come out of left field. But the very best ones are homegrown out of a belief. Nothing beats conviction.
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Value-added sans snark.
Thanks for telling me something I already knew, with snark.
Hark, the lark in the park was eaten by the shark in the dark.
Lol. You’re a poet.
its time i got my due for having invented the conceptz that underlie the PPY
Thanks for sharing. Great ideas
I just did a screener very similar to this, but without the PPT awesomeness:
http://www.investingwithoptions.com/2011/03/22/my-stupid-valuation-screener/
Link whore
ROFL
Everyone’s a whore, we just end up negotiating price
Indeud!
And fig… Or some other witty-esque comment.
Thanks Fly. Very helpful.
Sigh….
I guess it’s all about speed, access to info, and math equations via algos these days.
Back to the credit markets where things still make sense to me.
CLR! I keep liking that stock more and more.
What source does the PPT update its data from? e.g. market cap, short ratio, sma etc.
Holy shit, Woodie, Fly is going to be so pissed you hacked into his blog tonight!
I can’t wait to see the scalps– and whispy goatees — fly!
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🙂
Remember when he used to HATE technical analysis?
Conviction leads to the best picks, but has conviction ever given you the opposite result?
Yes
Ref. your list mentioned above, would you kindly e-mail me the CEO’s private phone numbers and their respective names so I can call them personally tomorrow and oh yes, can you advise them I will be in contact with them to discuss their firm’s goings-on, etc
Never mind bi-polar, we’re bi-“Winning!” with the famous Winking Friar Formation!
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You might want to change your av, child molestor.
18 and one, sorry-ass mothaflickah!
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PPT? What for? Just Buy AAPL at close every day and sell at open next morning.
Someone do a fu**ing scan on that…….
Backtest that strategy for the last few years- probably a better ROI than owning the damn stock!
“You will be shocked by the value you can extract from meeting with management or conducting private client conference calls.”
Dude, every time I’ve done that the CEO ends up acting like his company is the best thing in the world and can do no wrong, all the while he his diluting shares to raise cash to keep things running.
Who to trust?
ok,but doesnt seasonality hone in the best month for performance on said picks. thus making one think that those months, stocks perform the best. thats my undestanding,so far
Hi , what does FPE stands for?
Really?
The Fly invented the PPT, but I designed the internet. Oh by the way I am tweaking the levels on climate change and it will be operating normally for a nice cool summer season. PS. Sorry about all the snow this winter………
Reverse split, 4/3, coming for the Q’s
MOTR up over 10%!
yeah, Cramer was pumping the stock last night
Inspiring, M. Le Fly.
And thx a lot for WNR! I am up 50% on my calls.
PS. I will sell today my calls on FORM +84%