Superintelligence CouncilСовет гения · sim.im

Gary Halbert · whole document (49)

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The NYSE!

So, at
least currently, I don't research NYSE stocks either... because... the plain
fact of the matter is...

88.9%
Of All The

Big Daily Gainers

Come From The NASDAQ!

Now, let's talk about price. Of all NASDAQ stocks that gained
50% or more in price in one day...

Stocks priced at $1.99 or less represented 44% of the
big daily gainers.

Stocks priced from $2.00 to $2.99 represented 25.8% of
the big daily gainers.

Stocks priced from $3.00 to $3.99 made up 12.6% of the
big daily gainers.

Stocks priced from $4.00 to $4.99 made up 3.5% of the
big daily gainers and...

All
Stocks Priced

$5.00 Or More Represent Only

13.9% Of The Big

Daily Gainers!

So, here's what I've decided so far: I'm (at least for now)
only going to concentrate on stocks on the NASDAQ which are selling for less
than $5.00. This selection criteria alone has eliminated me having to examine
99.9% of all stock market investment opportunities.

But, my friend, we ain't done yet. Not by a long shot. Just
because a stock is selling for less than $5.00 and listed on the NASDAQ
doesn't mean it makes the cut. Nope, all we've identified here is the
"preliminary pool" of stocks we are even willing to look at. There
are numerous other hurdles even
these stocks have to overcome before they qualify as a "pick."

The first of the next hurdles is volume. If a stock has a very
thin daily volume, just the fact you invest in that stock will make it
skyrocket in price.

Conversely, if the daily volume is too high, way too
much of a mountain of money has to be moved to effectuate a 50% or more jump
in price.