Traders love virgins!
It's astonishing, but stock traders appear to love virgin stocks. When a stock makes an upward climb for the first time, it seems to attract lots of attention. Perhaps traders experience an emotional high when a stock increases in value for the first time. Finding these stocks is a lot simpler than it would seem. We're searching for stocks that have not ever increased more than 50% from it's first day value and are less than a year old. We also want to look for stocks that have increased 20% from the year's low. We add to this a momentum and liquidity check, and viola, virgin stocks appear! Of course, we only want to identify virgin stocks that meet our efficiency criteria and stocks that meet the slow stochastic entry criteria. The result, yes, several stocks show up on this scan. The prefix will be a ' sign prior to the stock symbol to identify these stocks.
Picks at end of day 10/2/2007:
*BDC, BELDEN CDT INC (Google Yahoo Earnings Chart) $53.07 - $48.47
*BTFG, BANCTRUST FINL GR (Google Yahoo Earnings Chart) $16.8 - $16.12
*CBST, CUBIST PHARMACEUT (Google Yahoo Earnings Chart) $22.06 - $21.14
~CGPI, COLLAGENEX PHARM (Google Yahoo Earnings Chart) $9.37 - $9.04
^CHINA, CDC CORPORATION C (Google Yahoo Earnings Chart) $7.88 - $7.32
+@CHNR, CHINA NATURAL RES (Google Yahoo Earnings Chart) $27.85 - $16.27
`CHRD, CHORDIANT SOFTWAR (Google Yahoo Earnings Chart) $14.92 - $14.06
+DDDC, DELTATHREE INC (Google Yahoo Earnings Chart) $0.77 - $0.69
^DOC, DIGITAL ANGEL COR (Google Yahoo Earnings Chart) $1.35 - $1.27
*DRL, DORAL FINANCIAL (Google Yahoo Earnings Chart) $24.34 - $20.55
+FEEC.OB, FAR EAST ENERGY C (Google Yahoo Earnings Chart) $1.1 - $1.04
+@GTEC.OB, GENESIS TECH GROU (Google Yahoo Earnings Chart) $0.31 - $0.12
*HEPH, HOLLIS-EDEN PHARM (Google Yahoo Earnings Chart) $2.08 - $1.97
*IKAN, IKANOS COMMUNICAT (Google Yahoo Earnings Chart) $5.61 - $5.38
*IPCC, INFINITY PPTY CAS (Google Yahoo Earnings Chart) $41.98 - $40.13
*ISPH, INSPIRE PHARMACEU (Google Yahoo Earnings Chart) $5.73 - $5.36
^JBLU, JETBLUE AIRWAYS C (Google Yahoo Earnings Chart) $9.69 - $9.42
*KOOL, THERMOGENESIS COR (Google Yahoo Earnings Chart) $2.37 - $2.23
^KSWS, K SWISS INC CL A (Google Yahoo Earnings Chart) $25.9 - $24.38
^LDL, LYDALL INC (Google Yahoo Earnings Chart) $10.42 - $9.44
^MRVL, MARVELL TECH GROU (Google Yahoo Earnings Chart) $16.85 - $16.24
+NAHC, NATIONAL ATL HLD (Google Yahoo Earnings Chart) $10.18 - $9.44
*OSCI, OSCIENT PHARMACEU (Google Yahoo Earnings Chart) $2.78 - $2.57
`PPO, POLYPORE INTERNAT (Google Yahoo Earnings Chart) $15.17 - $14.21
^RCMT, RCM TECH INC (Google Yahoo Earnings Chart) $8.1 - $7.06
^STEM, STEMCELLS INC (Google Yahoo Earnings Chart) $2.17 - $2.13
^STSI, STAR SCIENTIFIC I (Google Yahoo Earnings Chart) $1.1 - $0.99
Note that there aren't any more stocks with a "?" prefix, these were false signals and removed.
0 Comments:
Post a Comment
<< Home