Will mrmarkets screening technique work IF

[sekto]

Will mrmarkets stock screening methods be as succesful if i use the same screening methods with only stocks <10$ in price?

I figure screening <10$ stocks will return less results so i wont have the 200 that mrmarket starts his initial narrowing down with, BUT the principle is still the same and should be as successful or will it?

[billyjoe]

sekto,
I don't think the screens will return many stocks .Those that do pass the test will be very volatile. Are you going to use stops? What is your time frame for holding and are you looking for 15%? I suggest paper trading at least for a few weeks. Good luck.

billyjoe

[sekto]

i can try to modify it so the screens will return more results

IE:Stocks within 5% of their 52 week high with a 52 week price appreciation > 100% and EPS growth of 25%

INstead of mr markets; Stocks within 5% of their 52 week high with a 52 week price appreciation > 150% and EPS growth of 25%

Or something along those lines. There's gotta be something to offset the share price difference. Growth in a <10 stock WILL NOT match that of a +50$ a share stock BUT i can find the screen method in proportion to the price difference.

[Karel]

Will mrmarkets stock screening methods be as succesful if i use the same screening methods with only stocks <10$ in price? [...]

Well, my first question would be: why? The stocks the screens turn up are volatile enough already, screening for <$10 would make the volatility even worse. MUCH worse, I suppose.

Regards,

Karel