Thursday, April 15, 2010

variation

After reviewing the first 40 stocks on the all penny stocks list, I've abandoned the project for now. These extremely speculative plays don't make the girl happy, and, thinking about what matters to me, I'm only interested in trades I can enter immediately, and see results in immediately. That means I am looking for liquidity, for active trading. I switched over to the java screener, which is a little more fussy to work with, a little delicate seeming, and which I don't pretend to understand, but which does allow me to focus a screen with precision, and which then does work. Scan criteria: stocks under a dollar with average daily trading volume (sic, no details provided) greater than 1 million shares. The result: a list of 14 stocks.

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