From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #1351 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 1351 In this issue: Re: [CANSLIM] TTEN Re: [CANSLIM] TTEN Re: [CANSLIM] OFIX Re: [CANSLIM] TTEN Re: [CANSLIM] TTEN Re: [CANSLIM] TTEN Re: [CANSLIM] TTEN Re: [CANSLIM] OFIX [CANSLIM] DG Weekly [CANSLIM] PENN B/O RE: EPIQ (was Re: [CANSLIM] ALLY Analysis + EPIQ article) Re: [CANSLIM] PENN B/O Re: [CANSLIM] PENN B/O [CANSLIM] Re: RLRN Re: [CANSLIM] PENN B/O ---------------------------------------------------------------------- Date: Wed, 9 May 2001 03:02:34 -0700 (PDT) From: Kent Norman Subject: Re: [CANSLIM] TTEN Patrick Bigchart shows earnings came out mid March. Doesn't it seem soon for the next one? http://www.bigcharts.com/intchart/frames/frames.asp?symb=tten&time=&freq= INDICATORS - UPPER INDICATOR = SHOW ALL EVENTS regards Kent Norman - --- Patrick Wahl wrote: > Here is one I'll toss out so someone can see if I > missed anything > and bash it a little (Tom?). > > 3Tec Energy looks fairly good. Accelerating sales > and earnings, > small float, quite a bit held by mangement which I > think Tom > considers to be a negative, but forget why. Good > ROE at 30, > earnings estimates for this year are $3.00 per > share. Less next > year, but I wonder if a forecast a year and a half > away is reliable. > > The QP EPS rank is over 90, but DG may have a lower > number > because of short earnings history. Formed a pretty > tight base > lately, earnings due tomorrow from what I can figure > out. > > Also, on a somewhat related topic - watched a CNBC > panel > discussion with J. Cramer, who I think actually > knows what he is > talking about - they were throwing out the idea the > energy is going > to be one place to be invested, with the new > administration pointing > out that several hundred new power plants need to be > built in the > next few years. So whoever builds those things, and > support type > stuff (pipelines, coal) could do well. ACI is one I > noticed has run up > on no earnings but big expectations. > > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. __________________________________________________ Do You Yahoo!? Yahoo! Auctions - buy the things you want at great prices http://auctions.yahoo.com/ - - - -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 07:10:13 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] TTEN The mid March results were for 4th qtr fiscal 2000. DGO shows 5/17 for Q1, FY01. I am always a little uncomfortable with a company that takes the full time period for reporting (90 days for Q4, 45 days for the other qtrs). It makes me feel they do not have a good handle on their sales figures, and P&L, during the course of the quarter. Tom Worley stkguru@netside.net - ----- Original Message ----- From: Kent Norman To: Sent: Wednesday, May 09, 2001 6:02 AM Subject: Re: [CANSLIM] TTEN Patrick Bigchart shows earnings came out mid March. Doesn't it seem soon for the next one? http://www.bigcharts.com/intchart/frames/frames.asp?symb=tten&tim e=&freq= INDICATORS - UPPER INDICATOR = SHOW ALL EVENTS regards Kent Norman - --- Patrick Wahl wrote: > Here is one I'll toss out so someone can see if I > missed anything > and bash it a little (Tom?). > > 3Tec Energy looks fairly good. Accelerating sales > and earnings, > small float, quite a bit held by mangement which I > think Tom > considers to be a negative, but forget why. Good > ROE at 30, > earnings estimates for this year are $3.00 per > share. Less next > year, but I wonder if a forecast a year and a half > away is reliable. > > The QP EPS rank is over 90, but DG may have a lower > number > because of short earnings history. Formed a pretty > tight base > lately, earnings due tomorrow from what I can figure > out. > > Also, on a somewhat related topic - watched a CNBC > panel > discussion with J. Cramer, who I think actually > knows what he is > talking about - they were throwing out the idea the > energy is going > to be one place to be invested, with the new > administration pointing > out that several hundred new power plants need to be > built in the > next few years. So whoever builds those things, and > support type > stuff (pipelines, coal) could do well. ACI is one I > noticed has run up > on no earnings but big expectations. > > - > -To subscribe/unsubscribe, email > "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. __________________________________________________ Do You Yahoo!? Yahoo! Auctions - buy the things you want at great prices http://auctions.yahoo.com/ - - - -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 07:23:50 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] OFIX This is a multi-part message in MIME format. - ------=_NextPart_000_0044_01C0D858.FEDEA660 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable 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.=20 Never assume anything, it only makes an _ _ _ of U and ME From 3/30 to now it went from 22.56 to 26.00. That's a 15% gain, I would = call that more than a "slight upward motion", even considering the = market in April, as this chart does not show gains or volatility = corresponding to "M". That's a good trend if you are treating this as a = LLUR. Otherwise I would pay more attention to the base it appears to be = trying to put in just above 25 in the past 2 weeks or so. DGO uses a 50 day moving average for ADV, it appears that the site you = use calculates on a shorter time period and is missing the high volume = in early March. Tom Worley stkguru@netside.net ----- Original Message -----=20 From: Vanchee1@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Wednesday, May 09, 2001 1:04 AM Subject: Re: [CANSLIM] OFIX Tom, my check has 14 mil shrs out with 6.7 on the float so I assume=20 management has a good amount of stock. I am looking at all of April as = a base=20 with slight upward motion, I say slight because I see 23 as maybe a = handle so=20 at 26 its not too extended. I also have ADV at 28,000 that's why I = would want=20 at least 50,000 to show new money entering at this level.=20 Chris=20 - ------=_NextPart_000_0044_01C0D858.FEDEA660 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
DGO shows 13.6 million outstanding, and 11.0 million = in the=20 float. But it also shows Management as N/A, thus the 2.6 million = difference are=20 more likely held by Venture Capitalists.
 
Never assume anything, it only makes an _ _ _ of U = and=20 ME
 
From 3/30 to now it went from 22.56 to 26.00. That's = a 15%=20 gain, I would call that more than a "slight upward motion", even = considering the=20 market in April, as this chart does not show gains or volatility = corresponding=20 to "M". That's a good trend if you are treating this as a LLUR. = Otherwise I=20 would pay more attention to the base it appears to be trying to put in = just=20 above 25 in the past 2 weeks or so.
 
DGO uses a 50 day moving average for ADV, it appears = that the=20 site you use calculates on a shorter time period and is missing the high = volume=20 in early March.
 
Tom Worley
stkguru@netside.net
 
 
----- Original Message -----
From:=20 Vanchee1@aol.com=20
To: canslim@lists.xmission.com =
Sent: Wednesday, May 09, 2001 = 1:04=20 AM
Subject: Re: [CANSLIM] = OFIX

Tom, my = check has 14=20 mil shrs out with 6.7 on the float so I assume
management has a = good=20 amount of stock. I am looking at all of April as a base
with = slight upward=20 motion, I say slight because I see 23 as maybe a handle so
at 26 = its not=20 too extended. I also have ADV at 28,000 that's why I would want
at = least=20 50,000 to show new money entering at this level.

Chris=20 - ------=_NextPart_000_0044_01C0D858.FEDEA660-- - - - -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 08:02:17 -0400 From: "Tom Worley" Subject: Re: [CANSLIM] TTEN I hope I am not known as a stock basher!. I feel it's important, and one of the best benefits of this group, to go into a stock with your eyes open and aware of all (or any) flaws. I hope that doesn't offend anyone, but the day I start raving about a stock is probably the day you should be shorting it. DGO shows Management owning 57%, Funds 80%, and Banks 27%. Good example why you can't just add these numbers up. Let's do some quick math: Shares Outstanding = 14.5 million, so Mngmt owns about 8.26 million Shares in Float = 3.7 million, so funds own 2.96 million Size of the float indicated by DGO is less than 43% by a wide margin, so either the float quantity is wrong, or there may be a large block held by Venture Capitalists or other outside investment organizations. The unusually large holding by Banks suggests to me that there are shares counted in one of the above categories that are held at a bank (most likely the VCs). Thus shares freely trading is only about 740,000 which leads me to question the above numbers since the ADV is 100,900. That would mean either some funds are day trading, which I doubt, or the shares freely trading are turning over every 7-8 days, which the chart says is not happening. That leaves a few other possibilities, including a large sale by a fund some time ago but not yet counted (we know their data is stale), an increase in the shares outstanding, VCs are selling into strength (increasing the float size but not yet reported), bad data by DGO, etc. I would check the latest filings with SEC to at least establish independently the correct nr of shares outstanding. If the Fiscal 2000 proxy is filed there, it will have Management's holdings as well. Patrick, a misunderstanding. I love it when Management has a big stake on the price performance. In this case, if the 57% ownership figure is accurate, then Management standing together can easily prevent any hostile takeover, allowing them to build up a fat cash treasury without fear of a raid. Any takeover would have to be friendly, and favorable to management, thereby likely favorable to shareholders. The one real risk with this high of ownership is that voting is meaningless. If Management decided to take the company private at $10 per share instead of the $17.31 present value, they might have to defend themselves against some shareholder lawsuits, but might be hard to stop. DGO puts EPS at 78, ROE at 34%, cash flow at $3.55 (which is way ahead of earnings). As for the decline in earnings (-25%) forecasted for 2002, I have seen this again and again on oil related companies. I suspect analysts are simply not making / updating those forecasts as the future price of oil is too difficult to predict. But with OPEC and OPEC friendly producing nations now managing production so as to match demand and maintain relatively stable pricing, I disregard those longer term forecasts on oil related companies. Demand is not likely to go away in the next one to two years, nor is it likely to drop at all. As I mentioned in an earlier email, Q1 results, according to DGO (which is simply based on when they reported last year) is due 5/17. Best bet on this is call or write the company (they don't show a website, very surprising) and ask their Investor Relations when they will release. Tom Worley stkguru@netside.net - ----- Original Message ----- From: Patrick Wahl To: Sent: Wednesday, May 09, 2001 12:58 AM Subject: [CANSLIM] TTEN Here is one I'll toss out so someone can see if I missed anything and bash it a little (Tom?). 3Tec Energy looks fairly good. Accelerating sales and earnings, small float, quite a bit held by mangement which I think Tom considers to be a negative, but forget why. Good ROE at 30, earnings estimates for this year are $3.00 per share. Less next year, but I wonder if a forecast a year and a half away is reliable. The QP EPS rank is over 90, but DG may have a lower number because of short earnings history. Formed a pretty tight base lately, earnings due tomorrow from what I can figure out. Also, on a somewhat related topic - watched a CNBC panel discussion with J. Cramer, who I think actually knows what he is talking about - they were throwing out the idea the energy is going to be one place to be invested, with the new administration pointing out that several hundred new power plants need to be built in the next few years. So whoever builds those things, and support type stuff (pipelines, coal) could do well. ACI is one I noticed has run up on no earnings but big expectations. - - - -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: 9 May 2001 06:19:43 -0700 From: "Tim Fisher" Subject: Re: [CANSLIM] TTEN Many coal stocks are up 200-300% since the gas price spike last winter. We are doing a pile of work for TransAlta at their Centralia WA mine so I assume they are gearing up production at all their coal mines. At 10:58 PM 5/8/2001 -0600, you wrote: >Here is one I'll toss out so someone can see if I missed anything >and bash it a little (Tom?). > >3Tec Energy looks fairly good. Accelerating sales and earnings, >small float, quite a bit held by mangement which I think Tom >considers to be a negative, but forget why. Good ROE at 30, >earnings estimates for this year are $3.00 per share. Less next >year, but I wonder if a forecast a year and a half away is reliable. > >The QP EPS rank is over 90, but DG may have a lower number >because of short earnings history. Formed a pretty tight base >lately, earnings due tomorrow from what I can figure out. > >Also, on a somewhat related topic - watched a CNBC panel >discussion with J. Cramer, who I think actually knows what he is >talking about - they were throwing out the idea the energy is going >to be one place to be invested, with the new administration pointing >out that several hundred new power plants need to be built in the >next few years. So whoever builds those things, and support type >stuff (pipelines, coal) could do well. ACI is one I noticed has run up >on no earnings but big expectations. > >- >-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 Rockhounding Web Site Pacific Fishery Biologists Information mailto:tim@OreRockOn.com WWW http://OreRockOn.com - - - -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 07:55:50 -0600 From: "Patrick Wahl" Subject: Re: [CANSLIM] TTEN On 9 May 01, at 8:02, Tom Worley wrote: > I hope I am not known as a stock basher!. I feel it's important, Well, lets just say you do notice the weaknesses in a stock, which is good and why I mentioned this one, because I will sometimes miss some of the fundamental oddities that might exist. > As I mentioned in an earlier email, Q1 results, according to DGO > (which is simply based on when they reported last year) is due > 5/17. Best bet on this is call or write the company (they don't I got today's date for earnings release from the news at Yahoo, where they said a conference call to discuss earnings is scheduled for today, 11 am eastern. Thanks for the comments. - - - -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 08:38:35 -0600 From: DougC Subject: Re: [CANSLIM] TTEN Patrick PQUE caught my eye this weekend. One possible big negative is it's low price of 6.50. Personally that doesn't bother me but I know some here use 15 as the lower limit. It has excellent recent earnings as does TTEN. But Funds is 0. EPS is 78 like TTEN. Cash flow is good and ROE is 30. It doesnt have long term earnings growth rate number either. Latest quarterly earnings came out and are 550% greater than last years. Est. annual earnings are +66%. Float is 17.7 mil vs. 30mil outstanding. Mgmt 41%. It's not exactly in the same group. On DGO PQUE is under the Oilgas-Cdn Expprod and TTEN is Oilgas-US Exploprod. Not sure what the difference is but GRS is 93 for PQUE and 80 for TTEN. The description for both is oil and gas exploration in gulf region. It is trying to break through to new highs. It has kind of a stairstep gradual up trending pattern. Anyway...just a suggestion to look at. Might be a little too speculative. At 08:02 AM 5/9/01 -0400, you wrote: >I hope I am not known as a stock basher!. I feel it's important, >and one of the best benefits of this group, to go into a stock >with your eyes open and aware of all (or any) flaws. I hope that >doesn't offend anyone, but the day I start raving about a stock >is probably the day you should be shorting it. > >DGO shows Management owning 57%, Funds 80%, and Banks 27%. Good >example why you can't just add these numbers up. Let's do some >quick math: >Shares Outstanding = 14.5 million, so Mngmt owns about 8.26 >million >Shares in Float = 3.7 million, so funds own 2.96 million >Size of the float indicated by DGO is less than 43% by a wide >margin, so either the float quantity is wrong, or there may be a >large block held by Venture Capitalists or other outside >investment organizations. >The unusually large holding by Banks suggests to me that there >are shares counted in one of the above categories that are held >at a bank (most likely the VCs). > >Thus shares freely trading is only about 740,000 which leads me >to question the above numbers since the ADV is 100,900. That >would mean either some funds are day trading, which I doubt, or >the shares freely trading are turning over every 7-8 days, which >the chart says is not happening. That leaves a few other >possibilities, including a large sale by a fund some time ago but >not yet counted (we know their data is stale), an increase in the >shares outstanding, VCs are selling into strength (increasing the >float size but not yet reported), bad data by DGO, etc. I would >check the latest filings with SEC to at least establish >independently the correct nr of shares outstanding. If the Fiscal >2000 proxy is filed there, it will have Management's holdings as >well. > >Patrick, a misunderstanding. I love it when Management has a big >stake on the price performance. In this case, if the 57% >ownership figure is accurate, then Management standing together >can easily prevent any hostile takeover, allowing them to build >up a fat cash treasury without fear of a raid. Any takeover would >have to be friendly, and favorable to management, thereby likely >favorable to shareholders. The one real risk with this high of >ownership is that voting is meaningless. If Management decided to >take the company private at $10 per share instead of the $17.31 >present value, they might have to defend themselves against some >shareholder lawsuits, but might be hard to stop. > >DGO puts EPS at 78, ROE at 34%, cash flow at $3.55 (which is way >ahead of earnings). > >As for the decline in earnings (-25%) forecasted for 2002, I have >seen this again and again on oil related companies. I suspect >analysts are simply not making / updating those forecasts as the >future price of oil is too difficult to predict. But with OPEC >and OPEC friendly producing nations now managing production so as >to match demand and maintain relatively stable pricing, I >disregard those longer term forecasts on oil related companies. >Demand is not likely to go away in the next one to two years, nor >is it likely to drop at all. > >As I mentioned in an earlier email, Q1 results, according to DGO >(which is simply based on when they reported last year) is due >5/17. Best bet on this is call or write the company (they don't >show a website, very surprising) and ask their Investor Relations >when they will release. > >Tom Worley >stkguru@netside.net > > >----- Original Message ----- >From: Patrick Wahl >To: >Sent: Wednesday, May 09, 2001 12:58 AM >Subject: [CANSLIM] TTEN > > >Here is one I'll toss out so someone can see if I missed anything >and bash it a little (Tom?). > >3Tec Energy looks fairly good. Accelerating sales and earnings, >small float, quite a bit held by mangement which I think Tom >considers to be a negative, but forget why. Good ROE at 30, >earnings estimates for this year are $3.00 per share. Less next >year, but I wonder if a forecast a year and a half away is >reliable. > >The QP EPS rank is over 90, but DG may have a lower number >because of short earnings history. Formed a pretty tight base >lately, earnings due tomorrow from what I can figure out. > >Also, on a somewhat related topic - watched a CNBC panel >discussion with J. Cramer, who I think actually knows what he is >talking about - they were throwing out the idea the energy is >going >to be one place to be invested, with the new administration >pointing >out that several hundred new power plants need to be built in the >next few years. So whoever builds those things, and support type >stuff (pipelines, coal) could do well. ACI is one I noticed has >run up >on no earnings but big expectations. > >- >-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 11:13:36 EDT From: Spencer48@aol.com 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. ------------------------------ Date: Wed, 9 May 2001 11:20:53 EDT From: Spencer48@aol.com Subject: [CANSLIM] DG Weekly Canslimmers: After reading this morniing in Investors Corner of the importance WON attaches to weekly charts, I wrote DG-Online regarding this matter. Their reply and my letter are below: Hello Bryan, Thank you for your email to Daily Graphs Online. We are in the process of developing an all new version of Daily Graphs Online. 3 year weekly charts are currently in the testing phase and are intended to be an added feature. The new version should be available early this summer. At this time, no further information is available. Feel free to contact us if you have further questions. Frank Daily Graphs Online - --- Sir/Ms: I like DG-Online, but I would like it more if weekly graphs were provided in concert with daily graphs. Your sister organization (IBD) published an article today in Investors Corner alerting its readers that daily graphs are not enough. Perusal of weekly graphs are also necessary to attain the proper perspective. Will weekly graphs soon be an option of DG-Online? The IBD page already allows for daily and weekly graphs-and I have found that the weekly perspecitive is indeed helpful. In this bear market I can only afford so much for Charting Services, but a weekly-graph option to DG would be most useful in my trolling for new stocks. Bryan Taplits jans - - - -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 10:09:03 -0700 From: Tim Fisher 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. ------------------------------ Date: Wed, 9 May 2001 14:18:01 -0400 From: David Bojanowski 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 - ----- Original Message ----- From: To: Sent: Tuesday, May 08, 2001 11:24 AM Subject: Re: EPIQ (was Re: [CANSLIM] ALLY Analysis + EPIQ article) I bow you, the master. Tom, how do you find them? Anna "Tom Worley" @lists.xmission.com on 05/07/2001 10:00:08 PM Please respond to canslim@lists.xmission.com Sent by: owner-canslim@lists.xmission.com To: cc: Subject: EPIQ (was Re: [CANSLIM] ALLY Analysis + EPIQ article) I can only smile when my babies are finally "discovered" two years later, and many dollars higher. Probably accounts for the heavy volume and new high today, that couldn't be sustained (closed a lousy dime higher!). Rats, I now am only up 387% in a year. OK, OK, I'll try to quit gloating. And remember that a few of my babies are still costing me money. Tom Worley stkguru@netside.net - ----- Original Message ----- From: To: Sent: Monday, May 07, 2001 2:49 PM Subject: Re: [CANSLIM] ALLY Analysis + EPIQ article Thank you Tim and Patric. Thank you everyone for your inputs on CHIC - I will write a bit more on the topic later. For all EPIQ followers you may want to take a look at this: http://wwwthestreet.com/funds/investing/1417212.html EPIQ is getting public attention now - this should pave the road to the next wave of price advances. (I have attached the article) Three Stocks for the Lean Times (Embedded image moved to file: pic18737.gif)By James Brookes-Avey Special to TheStreet.com 5/5/01 10:30 AM ET Banking on Bankruptcy - - - -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 15:39:32 -0400 From: asosis@ca.ibm.com Subject: Re: [CANSLIM] PENN B/O 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. ------------------------------ Date: Wed, 09 May 2001 13:20:42 -0700 From: Tim Fisher 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. ------------------------------ Date: Wed, 9 May 2001 16:48:32 -0400 From: "Ann Hollingworth" 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. ------------------------------ Date: Wed, 9 May 2001 17:19:38 -0400 From: asosis@ca.ibm.com Subject: Re: [CANSLIM] PENN B/O 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. ------------------------------ End of canslim-digest V2 #1351 ****************************** 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.