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 [email protected], "yukitaga" <[EMAIL PROTECTED]> 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 [email protected], "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 > Please note that this group is for discussion between users only. To get support from AmiBroker please send an e-mail directly to SUPPORT {at} amibroker.com For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG: http://www.amibroker.com/devlog/ For other support material please check also: http://www.amibroker.com/support.html Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/amibroker/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/amibroker/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
