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[amibroker] Re: New AB Database



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Yuki,

You are absolutely correct, I had my liquidity filter set
much too low. Fortunately I did not trade this stock.
I will readjust the filter much higher, and sleep much
better nights.

Thanks for for input.

Tom B





--- In amibroker@xxxxxxxxxxxxxxx, "yukitaga" <yukitaga@xxx> wrote:
>
> Tom,
> 
> I can't say much for the group, or for making decisions this way, 
but 
> look at the stock, for goodness sake.
> 
> On a weekly basis, it's been in a death spiral since the beginning 
of 
> the year.
> 
> Since, oh, May, it trades the "whopping" total of about US dollar 
value 
> 2 million a day, give or take a bit.  I, or a lot of people like 
me, 
> could buy an entire day's worth of trade.  Think what a really 
major 
> holder could do if they decided they suddenly didn't like the 
thing.  
> And the major holder is the one who has the best information.  
There 
> are players that could drive this thing into the ground with a 
croquet 
> mallet.  Nobody else knows enough about the thing to defend it, 
> assuming it's worth defending in the first place.
> 
> Even with the speculators that came in during late October, you are 
> talking about a stock that can only muster about 7 or 8 million 
dollars 
> a day in volume.  It's a puddle, not even a pond, and far from an 
ocean.
> 
> Anything like that can get hacked in half next week, with no notice 
at 
> all -- group or sector notwithstanding.  I have enough capital to 
do 
> it, providing I had enough information.  How much information did 
you 
> have (assuming you traded it)?
> 
> Pipsqueak stocks that go from 8.70 to 7.43 in two weeks, on about 
four 
> times the normal weekly volume that was never *real* volume in the 
> first place are NOT giving encouraging signs.  ^_^
> 
> In today's world, a few million dollars a day is flat out 
*nothing*, 
> unless it's steadily increasing.  If you give these people enough 
rope, 
> they will surely hang you.
> 
> I hope you didn't get too badly burned.
> 
> Yuki
> 
> --- In amibroker@xxxxxxxxxxxxxxx, "palmharbor7" <palmharbor7@> 
wrote:
> >
> > Thanks for the updated Yahoo database with concise directions,
> > your effor is much appreciated. After seeing small time drug
> > manufacturer AVNR tank 50% last week I now use the IndustryID()
> > to eliminate this voltile catagory from my stock selections.
> > 
> > Tom B
>




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