Superintelligence CouncilСовет гения · sim.im

Gary Halbert · whole document (80)

zflk blitzkrieg paradigm

Only 9% Of The

Top Gainers Came From

The NYSE

I decided to ignore the NYSE also...
because... the plain fact of the matter is...

89% Of All Those

Big Gainers Came From

The NASDAQ

Now, let's talk about price. Of all stocks
that gained 50% or more in price in one day, NONE of those
stocks were "penny stocks" which had a price of less
than $1.00. And yes, Virginia, there are stocks which sell for
less than one buck on all three exchanges... even the NYSE.

Here's the rest of the breakdown:

Stocks priced at $1.00 to $1.99 represented
9.8% of the big gainers.

Stocks priced at $2.00 to $2.99 represented
9.4% of the big gainers.

Stocks priced from $3.00 to $3.99 made up 3.7%
of the big gainers.

Stocks priced from $4.00 to $4.99 made up 2.1%
of the big gainers.

Stocks priced from $5.00 to $5.99 made up 3.2%
(a little statistical anomaly there) of the big gainers.
Finally...

All Stocks Priced

$6.00 Or More Represented

Only 4% Of The

Big Gainers

So, Buckwheat, here's what I've decided so
far: I'm only going to bet on stocks listed on the NASDAQ
priced from $1.00 to $2.99... because... those stocks
represent 19.2% of all the big gainers... and... these two
selection criteria have enabled me to eliminate having to
examine 98.5% of all stocks listed on all three of the
major exchanges.

But, my friend, we ain't done yet. Not by a
long shot. Just because a stock is priced between $1.00 and
$2.99 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."