From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1352 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Wednesday, May 9 2001 Volume 02 : Number 1352 In this issue: Re: [CANSLIM] Re: RLRN Re: [CANSLIM] PENN B/O [CANSLIM] ATVI [CANSLIM] Re: RLRN Re: [CANSLIM] ATVI Re: [CANSLIM] Re: RLRN [none] Re: [CANSLIM] Re: RLRN Re: [CANSLIM] Re: RLRN Re: [CANSLIM] Re: RLRN [none] Re: EPIQ (was Re: [CANSLIM] ALLY Analysis + EPIQ article) Re: [CANSLIM] OFIX ---------------------------------------------------------------------- Date: Wed, 09 May 2001 14:49:46 -0700 From: Tim Fisher Subject: Re: [CANSLIM] Re: RLRN I, like WON, avoid stop limits. In theory, if you don't want to be paid a price of X$, then why would you want to be paid a price of less than X$? It makes no sense to me. If a stop drops fast, I want out, no matter what the price. I don't want to be left holding a stock that may take years to recover, if it ever does. Or to put it another way, if a stock falls off the edge of a cliff, do you want to hold on to it, as is usually the case with stop limits, as opposed to falling gradually, when you would usually sell it with a stop limit? On 01:48 PM 5/9/01, Ann Hollingworth Said: >I already own RLRN, but the stop limit order passed me by. Now I don't know >what to do! >Put stop limit in at 43.75 to keep 20% gain. Because of the high volume, it >doesn't look good. But now I am thinking I should hold on until it goes up >again. Or is that faulty CANSLIM reasoning? >Who recommended "sell" for RLRN? The analysts?? I wish I had sold two days >ago! > >----- Original Message ----- >From: "Tim Fisher" >To: >Sent: Wednesday, May 09, 2001 1:09 PM >Subject: [CANSLIM] PENN B/O > > > > Great vol, not too extended yet. I took a 1/2 position, as I am not >totally > > comfortable with the chart. > > > > Also watching USLB, wish I had more guts and did not use the $15 limit, or > > this one would have been a home run a few months ago. Along the same lines > > local co. Flir looks intriguing. Also when have you seen a CANSLIM co with > > a "sell" recommendation? Check out RLRN. I'm tempted to buy just to be a > > contrarian. > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 09 May 2001 14:54:38 -0700 From: Tim Fisher Subject: Re: [CANSLIM] PENN B/O 18.50 on 31 Oct 2000 is the pivot, in my book. Your results may differ. On 02:19 PM 5/9/01, asosis@ca.ibm.com Said: >I see your point. In theory the high of the handle on 04/26 @ 17.17 should >be the pivot. However, you may say that the consolidation from Oct 10th to >Nov 7th of 2000 is recent enough to serve as resistance and I will have to >agree with you. > >One could also view this formation as a double bottom and bought on 04/24 >when the price advanced above the middle point at 15.15 or so. > >My personal preference (in the ideal world) would be to buy it either on >04/24 or yesterday when it advanced through 17.17. >But you are right - one could have also bought at all time high. > >In any case, this is a nice catch (IMHO) so enjoy! :) > >Anna > > >Tim Fisher @lists.xmission.com on 05/09/2001 04:20:42 PM > >Please respond to canslim@lists.xmission.com > >Sent by: owner-canslim@lists.xmission.com > > >To: canslim@lists.xmission.com >cc: >Subject: Re: [CANSLIM] PENN B/O > > >Exactly - 18.50 + 0.13 = 18.63 *105% = 19.56 which was my limit. >Fortunately I got in around 19 so from a CANSLIM perspective I did not buy >too late. It closed somewhere north of 19.75 (every tick is up here on my >delayed quotes) so it is now too extended. My question to you is how you >could have caught it at 17 before it even broke out or crossed the pivot? >It wouldn't have been a breakout then, so there would have been no reason >to buy it. I think a buy below 19.56 was a perfectly acceptable risk; if >not, then when would you buy? When it drops _below_ the pivot? > >On 12:39 PM 5/9/01, asosis@ca.ibm.com Said: > > >PENN's pivot was about 17 (the top of the little handle). If one uses all > >time high then it is about 18.50 which gives you 19.43 with 5% limit. > >The chart looks great to me had you caught the b/o at 17. Now it is up >to > >your risk tolerance - I have chickened out :) > > > > > >Anna > > > > > >Tim Fisher @lists.xmission.com on 05/09/2001 01:09:03 >PM > > > >Please respond to canslim@lists.xmission.com > > > >Sent by: owner-canslim@lists.xmission.com > > > > > >To: canslim@lists.xmission.com > >cc: > >Subject: [CANSLIM] PENN B/O > > > > > >Great vol, not too extended yet. I took a 1/2 position, as I am not >totally > > > >comfortable with the chart. > > > >Also watching USLB, wish I had more guts and did not use the $15 limit, or > >this one would have been a home run a few months ago. Along the same lines > >local co. Flir looks intriguing. Also when have you seen a CANSLIM co with > >a "sell" recommendation? Check out RLRN. I'm tempted to buy just to be a > >contrarian. > > > >Tim Fisher > >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > >Tim@OreRockOn.com > >WWW: http://OreRockOn.com > >See naked fish and rocks! > > > > > >- > >-To subscribe/unsubscribe, email "majordomo@xmission.com" > >-In the email body, write "subscribe canslim" or > >-"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > > > > >- > >-To subscribe/unsubscribe, email "majordomo@xmission.com" > >-In the email body, write "subscribe canslim" or > >-"unsubscribe canslim". Do not use quotes in your email. > >Tim Fisher >Ore-Rock-On and Pacific Fishery Biologists WWW Sites > >Tim@OreRockOn.com >WWW: http://OreRockOn.com >See naked fish and rocks! > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. > > > > > >- >-To subscribe/unsubscribe, email "majordomo@xmission.com" >-In the email body, write "subscribe canslim" or >-"unsubscribe canslim". Do not use quotes in your email. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 09 May 2001 15:11:09 -0700 From: Tim Fisher Subject: [CANSLIM] ATVI Reported after market, now up another $1.80 on top of the $1.73 during the regular session. Dunno why I mention this, other than purely bragging. Way too extended for a fresh buy. I bot off the HTF, flat base, high handle, or whatever you want to call it in Jan. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: 9 May 2001 17:24:35 CDT From: Fanus Subject: [CANSLIM] Re: RLRN Hi Ann I am curious on why you use stop limit orders? I use stop orders, but ne= ver limit orders for selling to prevent the exact same thing which happen to = you. If I want to get out, I want to get out. I don't want to miss the boat. I also owned RLRN, but sold it yesterday. I didn't like the action on Mon= day when it have another big run-up on huge volume, but closed in the bottom = half of the daily range. Looked like a blow-off top to me. Having said that, the down volume was high, but still lower than the up d= ays. = The up volume could have been caused by shorts being covered as Tom poin= ted out last week though. I expect it to find some sort of support around 40= , but would put a stop in just below it for protection. But whatever you do, just make sure you lock in some profit. This would b= e really sad if you hope for it to go up again and ride it all the way down= to no profit. Yes, 10% profit does not look good compared to the 20% paper profit you had on Monday but it sure beats 0. :-) = Regards - - Fanus "Ann Hollingworth" wrote: I already own RLRN, but the stop limit order passed me by. Now I don't kn= ow what to do! Put stop limit in at 43.75 to keep 20% gain. Because of the high volume, = it doesn't look good. But now I am thinking I should hold on until it goes u= p again. Or is that faulty CANSLIM reasoning? Who recommended "sell" for RLRN? The analysts?? I wish I had sold two day= s ago! - ----- Original Message ----- From: "Tim Fisher" To: Sent: Wednesday, May 09, 2001 1:09 PM Subject: [CANSLIM] PENN B/O > Great vol, not too extended yet. I took a 1/2 position, as I am not totally > comfortable with the chart. > > Also watching USLB, wish I had more guts and did not use the $15 limit,= or > this one would have been a home run a few months ago. Along the same li= nes > local co. Flir looks intriguing. Also when have you seen a CANSLIM co w= ith > a "sell" recommendation? Check out RLRN. I'm tempted to buy just to be = a > contrarian. > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ____________________________________________________________________ Get free email and a permanent address at http://www.netaddress.com/?N=3D= 1 - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: 9 May 2001 17:28:59 CDT From: Fanus Subject: Re: [CANSLIM] ATVI Yep, it sure does look good. You timed it well. Didn't WON said, (or ma= ybe I read it somewhere else), that the best time to sell is when you start to = tap yourself on the shoulder for a good buy... :-) Tim Fisher wrote: Reported after market, now up another $1.80 on top of the $1.73 during th= e = regular session. Dunno why I mention this, other than purely bragging. Wa= y = too extended for a fresh buy. I bot off the HTF, flat base, high handle, = or = whatever you want to call it in Jan. Tim Fisher Ore-Rock-On and Pacific Fishery Biologists WWW Sites Tim@OreRockOn.com WWW: http://OreRockOn.com See naked fish and rocks! - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ____________________________________________________________________ Get free email and a permanent address at http://www.netaddress.com/?N=3D= 1 - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 9 May 2001 18:53:51 -0400 From: "Ann Hollingworth" Subject: Re: [CANSLIM] Re: RLRN Tim, Fanus, Thanks for replies about stop limits. I'm still learning, and this is a big help. A - ----- Original Message ----- From: "Fanus" To: Sent: Wednesday, May 09, 2001 6:24 PM Subject: [CANSLIM] Re: RLRN Hi Ann I am curious on why you use stop limit orders? I use stop orders, but never limit orders for selling to prevent the exact same thing which happen to you. If I want to get out, I want to get out. I don't want to miss the boat. I also owned RLRN, but sold it yesterday. I didn't like the action on Monday when it have another big run-up on huge volume, but closed in the bottom half of the daily range. Looked like a blow-off top to me. Having said that, the down volume was high, but still lower than the up days. The up volume could have been caused by shorts being covered as Tom pointed out last week though. I expect it to find some sort of support around 40, but would put a stop in just below it for protection. But whatever you do, just make sure you lock in some profit. This would be really sad if you hope for it to go up again and ride it all the way down to no profit. Yes, 10% profit does not look good compared to the 20% paper profit you had on Monday but it sure beats 0. :-) Regards - - Fanus "Ann Hollingworth" wrote: I already own RLRN, but the stop limit order passed me by. Now I don't know what to do! Put stop limit in at 43.75 to keep 20% gain. Because of the high volume, it doesn't look good. But now I am thinking I should hold on until it goes up again. Or is that faulty CANSLIM reasoning? Who recommended "sell" for RLRN? The analysts?? I wish I had sold two days ago! - ----- Original Message ----- From: "Tim Fisher" To: Sent: Wednesday, May 09, 2001 1:09 PM Subject: [CANSLIM] PENN B/O > Great vol, not too extended yet. I took a 1/2 position, as I am not totally > comfortable with the chart. > > Also watching USLB, wish I had more guts and did not use the $15 limit, or > this one would have been a home run a few months ago. Along the same lines > local co. Flir looks intriguing. Also when have you seen a CANSLIM co with > a "sell" recommendation? Check out RLRN. I'm tempted to buy just to be a > contrarian. > > Tim Fisher > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > Tim@OreRockOn.com > WWW: http://OreRockOn.com > See naked fish and rocks! > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ____________________________________________________________________ Get free email and a permanent address at http://www.netaddress.com/?N=1 - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 09 May 2001 17:08:31 -0600 From: jeff.salisbury@xmission.com Subject: [none] be forged)) by smtppop1pub.verizon.net with SMTP for ; id QAA104760475 Wed, 9 May 2001 16:48:54 -0500 (CDT) Message-ID: <007f01c0d8d2$ea3e3110$6400a8c0@mikelu3> Reply-To: "Mike Lucero" From: "Mike Lucero" To: References: <4.3.1.2.20010509100321.00a9e220@beakportb> <002f01c0d8c9$6c766b20$77381e42@ne.mediaone.net> Subject: Re: [CANSLIM] Re: RLRN Date: Wed, 9 May 2001 14:56:34 -0700 MIME-Version: 1.0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit X-Priority: 3 X-MSMail-Priority: Normal X-Mailer: Microsoft Outlook Express 5.50.4133.2400 X-MimeOLE: Produced By Microsoft MimeOLE V5.50.4133.2400 I think you should expect a stock will pull back after breaking out. It's local pivot seemed to be 38, and it's 1999 high was 43 (according to DGO). As long as it's above the pivot, you should wait. (Your stop should be below the pivot if you bought it "right".) Mike - ----- Original Message ----- From: "Ann Hollingworth" To: Sent: Wednesday, May 09, 2001 1:48 PM Subject: [CANSLIM] Re: RLRN > I already own RLRN, but the stop limit order passed me by. Now I don't know > what to do! > Put stop limit in at 43.75 to keep 20% gain. Because of the high volume, it > doesn't look good. But now I am thinking I should hold on until it goes up > again. Or is that faulty CANSLIM reasoning? > Who recommended "sell" for RLRN? The analysts?? I wish I had sold two days > ago! > > ----- Original Message ----- > From: "Tim Fisher" > To: > Sent: Wednesday, May 09, 2001 1:09 PM > Subject: [CANSLIM] PENN B/O > > > > Great vol, not too extended yet. I took a 1/2 position, as I am not > totally > > comfortable with the chart. > > > > Also watching USLB, wish I had more guts and did not use the $15 limit, or > > this one would have been a home run a few months ago. Along the same lines > > local co. Flir looks intriguing. Also when have you seen a CANSLIM co with > > a "sell" recommendation? Check out RLRN. I'm tempted to buy just to be a > > contrarian. > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 9 May 2001 18:15:14 -0500 From: "Norman" Subject: Re: [CANSLIM] Re: RLRN Ann, As I recall you had a similar problem with NVDA; up 28% for you at one time I believe. Would that we all had that problem in this market. You seem to be catching on to the buying end of it. I too have had trouble retaining 'profits' in the past. I do use sell stop markets to limit my downside. When you master the selling end please share the wealth on this list :-) I'm having more trouble keeping profits than accumulating them. Norman Boyd - ----- Original Message ----- From: "Ann Hollingworth" To: Sent: Wednesday, May 09, 2001 5:53 PM Subject: Re: [CANSLIM] Re: RLRN > Tim, Fanus, > > Thanks for replies about stop limits. I'm still learning, and this is a big > help. > > A > ----- Original Message ----- > From: "Fanus" > To: > Sent: Wednesday, May 09, 2001 6:24 PM > Subject: [CANSLIM] Re: RLRN > > > Hi Ann > > I am curious on why you use stop limit orders? I use stop orders, but never > limit orders for selling to prevent the exact same thing which happen to > you. > If I want to get out, I want to get out. I don't want to miss the boat. > > I also owned RLRN, but sold it yesterday. I didn't like the action on Monday > when it have another big run-up on huge volume, but closed in the bottom > half > of the daily range. Looked like a blow-off top to me. > > Having said that, the down volume was high, but still lower than the up > days. > The up volume could have been caused by shorts being covered as Tom pointed > out last week though. I expect it to find some sort of support around 40, > but > would put a stop in just below it for protection. > > But whatever you do, just make sure you lock in some profit. This would be > really sad if you hope for it to go up again and ride it all the way down to > no profit. Yes, 10% profit does not look good compared to the 20% paper > profit you had on Monday but it sure beats 0. :-) > > Regards > - Fanus > > "Ann Hollingworth" wrote: > I already own RLRN, but the stop limit order passed me by. Now I don't know > what to do! > Put stop limit in at 43.75 to keep 20% gain. Because of the high volume, it > doesn't look good. But now I am thinking I should hold on until it goes up > again. Or is that faulty CANSLIM reasoning? > Who recommended "sell" for RLRN? The analysts?? I wish I had sold two days > ago! > > ----- Original Message ----- > From: "Tim Fisher" > To: > Sent: Wednesday, May 09, 2001 1:09 PM > Subject: [CANSLIM] PENN B/O > > > > Great vol, not too extended yet. I took a 1/2 position, as I am not > totally > > comfortable with the chart. > > > > Also watching USLB, wish I had more guts and did not use the $15 limit, or > > this one would have been a home run a few months ago. Along the same lines > > local co. Flir looks intriguing. Also when have you seen a CANSLIM co with > > a "sell" recommendation? Check out RLRN. I'm tempted to buy just to be a > > contrarian. > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > ____________________________________________________________________ > Get free email and a permanent address at http://www.netaddress.com/?N=1 > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 9 May 2001 19:25:53 -0400 From: "Ann Hollingworth" Subject: Re: [CANSLIM] Re: RLRN Fortunately I sold NVDA at 30% yesterday. Should have done the same with RLRN (was up 24% in a couple of days), but greed got the better of me. Norman, Mike, thanks. Ann - ----- Original Message ----- From: "Norman" To: Sent: Wednesday, May 09, 2001 7:15 PM Subject: Re: [CANSLIM] Re: RLRN > Ann, > > As I recall you had a similar problem with NVDA; up 28% for you at one time > I believe. Would that we all had that problem in this market. You seem to > be catching on to the buying end of it. I too have had trouble retaining > 'profits' in the past. I do use sell stop markets to limit my downside. > When you master the selling end please share the wealth on this list :-) > I'm having more trouble keeping profits than accumulating them. > > Norman Boyd > > ----- Original Message ----- > From: "Ann Hollingworth" > To: > Sent: Wednesday, May 09, 2001 5:53 PM > Subject: Re: [CANSLIM] Re: RLRN > > > > Tim, Fanus, > > > > Thanks for replies about stop limits. I'm still learning, and this is a > big > > help. > > > > A > > ----- Original Message ----- > > From: "Fanus" > > To: > > Sent: Wednesday, May 09, 2001 6:24 PM > > Subject: [CANSLIM] Re: RLRN > > > > > > Hi Ann > > > > I am curious on why you use stop limit orders? I use stop orders, but > never > > limit orders for selling to prevent the exact same thing which happen to > > you. > > If I want to get out, I want to get out. I don't want to miss the boat. > > > > I also owned RLRN, but sold it yesterday. I didn't like the action on > Monday > > when it have another big run-up on huge volume, but closed in the bottom > > half > > of the daily range. Looked like a blow-off top to me. > > > > Having said that, the down volume was high, but still lower than the up > > days. > > The up volume could have been caused by shorts being covered as Tom > pointed > > out last week though. I expect it to find some sort of support around 40, > > but > > would put a stop in just below it for protection. > > > > But whatever you do, just make sure you lock in some profit. This would be > > really sad if you hope for it to go up again and ride it all the way down > to > > no profit. Yes, 10% profit does not look good compared to the 20% paper > > profit you had on Monday but it sure beats 0. :-) > > > > Regards > > - Fanus > > > > "Ann Hollingworth" wrote: > > I already own RLRN, but the stop limit order passed me by. Now I don't > know > > what to do! > > Put stop limit in at 43.75 to keep 20% gain. Because of the high volume, > it > > doesn't look good. But now I am thinking I should hold on until it goes up > > again. Or is that faulty CANSLIM reasoning? > > Who recommended "sell" for RLRN? The analysts?? I wish I had sold two days > > ago! > > > > ----- Original Message ----- > > From: "Tim Fisher" > > To: > > Sent: Wednesday, May 09, 2001 1:09 PM > > Subject: [CANSLIM] PENN B/O > > > > > > > Great vol, not too extended yet. I took a 1/2 position, as I am not > > totally > > > comfortable with the chart. > > > > > > Also watching USLB, wish I had more guts and did not use the $15 limit, > or > > > this one would have been a home run a few months ago. Along the same > lines > > > local co. Flir looks intriguing. Also when have you seen a CANSLIM co > with > > > a "sell" recommendation? Check out RLRN. I'm tempted to buy just to be a > > > contrarian. > > > > > > Tim Fisher > > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > > > Tim@OreRockOn.com > > > WWW: http://OreRockOn.com > > > See naked fish and rocks! > > > > > > > > > - > > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > > -In the email body, write "subscribe canslim" or > > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > ____________________________________________________________________ > > Get free email and a permanent address at http://www.netaddress.com/?N=1 > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 9 May 2001 18:15:14 -0500 From: "Norman" Subject: Re: [CANSLIM] Re: RLRN Ann, As I recall you had a similar problem with NVDA; up 28% for you at one time I believe. Would that we all had that problem in this market. You seem to be catching on to the buying end of it. I too have had trouble retaining 'profits' in the past. I do use sell stop markets to limit my downside. When you master the selling end please share the wealth on this list :-) I'm having more trouble keeping profits than accumulating them. Norman Boyd - ----- Original Message ----- From: "Ann Hollingworth" To: Sent: Wednesday, May 09, 2001 5:53 PM Subject: Re: [CANSLIM] Re: RLRN > Tim, Fanus, > > Thanks for replies about stop limits. I'm still learning, and this is a big > help. > > A > ----- Original Message ----- > From: "Fanus" > To: > Sent: Wednesday, May 09, 2001 6:24 PM > Subject: [CANSLIM] Re: RLRN > > > Hi Ann > > I am curious on why you use stop limit orders? I use stop orders, but never > limit orders for selling to prevent the exact same thing which happen to > you. > If I want to get out, I want to get out. I don't want to miss the boat. > > I also owned RLRN, but sold it yesterday. I didn't like the action on Monday > when it have another big run-up on huge volume, but closed in the bottom > half > of the daily range. Looked like a blow-off top to me. > > Having said that, the down volume was high, but still lower than the up > days. > The up volume could have been caused by shorts being covered as Tom pointed > out last week though. I expect it to find some sort of support around 40, > but > would put a stop in just below it for protection. > > But whatever you do, just make sure you lock in some profit. This would be > really sad if you hope for it to go up again and ride it all the way down to > no profit. Yes, 10% profit does not look good compared to the 20% paper > profit you had on Monday but it sure beats 0. :-) > > Regards > - Fanus > > "Ann Hollingworth" wrote: > I already own RLRN, but the stop limit order passed me by. Now I don't know > what to do! > Put stop limit in at 43.75 to keep 20% gain. Because of the high volume, it > doesn't look good. But now I am thinking I should hold on until it goes up > again. Or is that faulty CANSLIM reasoning? > Who recommended "sell" for RLRN? The analysts?? I wish I had sold two days > ago! > > ----- Original Message ----- > From: "Tim Fisher" > To: > Sent: Wednesday, May 09, 2001 1:09 PM > Subject: [CANSLIM] PENN B/O > > > > Great vol, not too extended yet. I took a 1/2 position, as I am not > totally > > comfortable with the chart. > > > > Also watching USLB, wish I had more guts and did not use the $15 limit, or > > this one would have been a home run a few months ago. Along the same lines > > local co. Flir looks intriguing. Also when have you seen a CANSLIM co with > > a "sell" recommendation? Check out RLRN. I'm tempted to buy just to be a > > contrarian. > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > ____________________________________________________________________ > Get free email and a permanent address at http://www.netaddress.com/?N=1 > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. > > - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 09 May 2001 17:08:31 -0600 From: jeff.salisbury@xmission.com Subject: [none] be forged)) by smtppop1pub.verizon.net with SMTP for ; id QAA104760475 Wed, 9 May 2001 16:48:54 -0500 (CDT) Message-ID: <007f01c0d8d2$ea3e3110$6400a8c0@mikelu3> Reply-To: "Mike Lucero" From: "Mike Lucero" To: References: <4.3.1.2.20010509100321.00a9e220@beakportb> <002f01c0d8c9$6c766b20$77381e42@ne.mediaone.net> Subject: Re: [CANSLIM] Re: RLRN Date: Wed, 9 May 2001 14:56:34 -0700 MIME-Version: 1.0 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: 7bit X-Priority: 3 X-MSMail-Priority: Normal X-Mailer: Microsoft Outlook Express 5.50.4133.2400 X-MimeOLE: Produced By Microsoft MimeOLE V5.50.4133.2400 I think you should expect a stock will pull back after breaking out. It's local pivot seemed to be 38, and it's 1999 high was 43 (according to DGO). As long as it's above the pivot, you should wait. (Your stop should be below the pivot if you bought it "right".) Mike - ----- Original Message ----- From: "Ann Hollingworth" To: Sent: Wednesday, May 09, 2001 1:48 PM Subject: [CANSLIM] Re: RLRN > I already own RLRN, but the stop limit order passed me by. Now I don't know > what to do! > Put stop limit in at 43.75 to keep 20% gain. Because of the high volume, it > doesn't look good. But now I am thinking I should hold on until it goes up > again. Or is that faulty CANSLIM reasoning? > Who recommended "sell" for RLRN? The analysts?? I wish I had sold two days > ago! > > ----- Original Message ----- > From: "Tim Fisher" > To: > Sent: Wednesday, May 09, 2001 1:09 PM > Subject: [CANSLIM] PENN B/O > > > > Great vol, not too extended yet. I took a 1/2 position, as I am not > totally > > comfortable with the chart. > > > > Also watching USLB, wish I had more guts and did not use the $15 limit, or > > this one would have been a home run a few months ago. Along the same lines > > local co. Flir looks intriguing. Also when have you seen a CANSLIM co with > > a "sell" recommendation? Check out RLRN. I'm tempted to buy just to be a > > contrarian. > > > > Tim Fisher > > Ore-Rock-On and Pacific Fishery Biologists WWW Sites > > > > Tim@OreRockOn.com > > WWW: http://OreRockOn.com > > See naked fish and rocks! > > > > > > - > > -To subscribe/unsubscribe, email "majordomo@xmission.com" > > -In the email body, write "subscribe canslim" or > > -"unsubscribe canslim". Do not use quotes in your email. > > > > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 9 May 2001 20:10:54 -0400 From: "Tom Worley" Subject: Re: EPIQ (was Re: [CANSLIM] ALLY Analysis + EPIQ article) I am currently averaging about two or so hours on the weekend reviewing the DGO List, plus another 5 or so hours reviewing my watch lists and lists of new highs I accumulated during the week. Monday thru Fri I likely spend about 4-5 hours per day in all, but at least half of that is reading emails from this group, looking at charts of stocks mentioned, and replying to some of the group and private email. The rest of the time is simply maintaining my market awareness by my global roaming, reading stories of what is going on in the European and Asian markets, etc. At work I probably spend less than half an hour a day, and that is spent checking quotes of what I own. So I guess it's in the neighborhood of about 40 hours / week in total. I consider it all to be CANSLIM related, certainly investment related. Tom Worley stkguru@netside.net - ----- Original Message ----- From: David Bojanowski To: Sent: Wednesday, May 09, 2001 2:18 PM Subject: RE: EPIQ (was Re: [CANSLIM] ALLY Analysis + EPIQ article) Just curious....how much time per week do you spend on CANSLIM? -----Original Message----- From: Tom Worley [mailto:stkguru@netside.net] Sent: Tuesday, May 08, 2001 7:53 PM To: canslim@lists.xmission.com Subject: Re: EPIQ (was Re: [CANSLIM] ALLY Analysis + EPIQ article) Hi Anna, Lots of looking at charts, lots of time reviewing lists, lots of watching stocks that go up without me, or go down. Lots of mistakes (buying some of the ones that went down). Lots of years learning I don't have to chase stocks like a rabid dog, and learning there will always be another one I like if I just keep looking. Patience has become my greatest ally (second to EPIQ at the moment). Tom Worley stkguru@netside.net - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Wed, 9 May 2001 20:53:49 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] OFIX The difference between shares outstanding and float cannot ever be simply assumed to belong to Management. Purchases by venture capitalists, shares owned by pre-IPO bridge financiers, shares bot in private placements, and shares owned by owners of companies acquired by the company of interest and paid for partly or fully in stock all have to be counted some way. If these shares were acquired on the open market, then they should be in the float total. If they were acquired in any kind of private transaction, which would include both private placements and prior acquisitions, then likely they are either not being counted at all (in the outstanding, the float, or the difference) unless any restrictions on those shares has expired, and the shares have been registered, or may only be partially counted, or only counted in one category. Part of the "handling" of shares used to depend, at least in part, on whether the shares are restricted. For example, as best I read it, the 900,000 shares of EPIQ bot in a private placement on 12/31/00 (now 1.35 million) were restricted for two years. At the time, EPIQ was reporting earnings based on about 4.8 million shares outstanding. DGO now shows a total of 8.4 million shares outstanding, which accounts for the 3:2 split (4.8 million to 7.2 million), so I presume these shares are being counted. This may signal that EPIQ has lifted the restriction, which I think they can do for outsiders, or may simply mean they are being counted even if still restricted. Likewise, the diluted float (which is not the same as the float, but is usually what is used by most sites when reporting earnings per share comparisons) can change radically as a stock rises, and employee options move "into the money". I did confirm today with DGO that their detail of Funds Ownership only includes mutual funds, not pension funds or any other institutional investor. They pointed out that some 401K plans consist of funds, thus some of the ownership by funds also represents ownership in retirement accts. Convertible bonds, convertible preferred shares, and warrants should also be considered since they usually represent dilution to common stockholders (by virtue of increasing both the issue and the float) (and often a lessening at least short term) of the earnings per share should they be called or otherwise forced to exercise. The offset of reduction of debt (from bond conversion), or reduction of expense (from interest on bonds converted or dividends on preferred stock conversion), or infusion of fresh cash (from warrant exercise) is often not enough to sustain earnings at previous levels. Tom Worley stkguru@netside.net - ----- Original Message ----- From: To: Sent: Wednesday, May 09, 2001 11:13 AM Subject: Re: [CANSLIM] OFIX Tom: Thanks for the answer to a question I didn't (but perhaps should have) ask(ed). I thought that that the difference between shares outstanding and float ALWAYS belonged to the management. I didn't realize that venture capitalists were also a part of the equation. Also, are you saying that for sure (since DG has "NA" for management-owned shares) the difference is more than likely or always owned by anyone (for instance, venture capt. or pension funds) but management? jans In a message dated 5/9/2001 7:27:43 AM Eastern Daylight Time, stkguru@netside.net writes: << DGO shows 13.6 million outstanding, and 11.0 million in the float. But it also shows Management as N/A, thus the 2.6 million difference are more likely held by Venture Capitalists. >> - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #1352 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.