Buy SNY under $35
posted by James Altucher on 1 months ago
Chuck this is great. I look forward to your updates.
posted by Chuck Rosselle on 1 months ago
Go here to see the rules:
http://www.thestreet.com/newsanalysis/investing/10332533.html
Go back to the Main Page and go to "Lists", look up "Low Priced NYSE Stocks"
Good luck.
Chuck Rosselle
posted by mike dawson on 1 months ago
Long time investor--but new to stockpicker--
Where does one find the low priced stock list and the rules you referenced--
thank you
colt
Last edited on: 01-17-2007 06:12 pm
posted by Chuck Rosselle on 1 months ago
I took the low priced stock list and created a model portfolio starting in January
according to the rules defined. There were 8 stocks under $3 on January 3 (BFT, ERI LRT,
PRM, SCO, TM, UMC ZC). I made an equal investment in each at the closure price on January
3. To date, the portfolio is up 8.38%. Mostly this is due to the performance of ERI (22%),
TMM (10.5%), and UMC (43.5%). Were this to continue for the entire year, the compounded
growth would be 344%. Two weeks hardly builds a case, but I think this is worth serious
consideration.
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