Regarding the large number of .000 stocks on the m
Post# of 9069
(Total Views: 192)
Posted On: 12/27/2020 2:59:28 PM
Regarding the large number of .000 stocks on the market. I'd like to share a post from a buddy across the pond:
" Most people would be shocked at how quickly you can whittle that list (.000s anyway,) down to around 50.
I first dump foreign stocks (F and Y fifth letter designations.)
Next is dumping any greys.
Next is eliminating anything with an O/S higher than 5B.
I have been doing this list for as long as I can remember and historically in my experience you are left 60 or 70 tickers.
If you take those remaining and check AOIs with SOSs for A/S increases not reported with otcmarkets, prolly less than 50 remain.
Cherry pick the best share structures and you have a short watch list for 2021.
Sure I miss out on some, but I rarely get caught in P&Ds.
With a short watch list, you can manually check SOSs for reinstatements, amendments, new custodians and R/Ms.
You can see it before the market and before the otcmarket updates.
I share the long list because it worthless to anyone who doesn't want to do the work.
Hope it helps and happy hunting. source
Funny thing this type of DD mentioned here within is much rewarding.
" Most people would be shocked at how quickly you can whittle that list (.000s anyway,) down to around 50.
I first dump foreign stocks (F and Y fifth letter designations.)
Next is dumping any greys.
Next is eliminating anything with an O/S higher than 5B.
I have been doing this list for as long as I can remember and historically in my experience you are left 60 or 70 tickers.
If you take those remaining and check AOIs with SOSs for A/S increases not reported with otcmarkets, prolly less than 50 remain.
Cherry pick the best share structures and you have a short watch list for 2021.
Sure I miss out on some, but I rarely get caught in P&Ds.
With a short watch list, you can manually check SOSs for reinstatements, amendments, new custodians and R/Ms.
You can see it before the market and before the otcmarket updates.
I share the long list because it worthless to anyone who doesn't want to do the work.
Hope it helps and happy hunting. source
Funny thing this type of DD mentioned here within is much rewarding.
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