Can anyone please shed some light on how to do a screening process using the 3 forementioned metrics, with regards to Stocks, and those with the following .....
1. a Beta of MORE than 1
2. a Short Interest of at least 25% ( Maybe have to make this 50% to weed some out )
3. and those stocks with a Low float
You can say that I'm looking for Volatile stocks that " Hopefully " have a high likelihood of dropping in price lol
And also, using the same 3 metrics , but this time applying them as a screener , in looking for stocks with a high likelihood of making a breakout to the Upside
I'm Trying to figure out if these 3 metrics would have given a heads up to those stocks, that were siting Ideal and trading in that $5 - $15 range for awhile, and then all the sudden, just Exploded to the up ( or downside ) and never looked back
Think TSLA and BWLD as two examples of stocks that just shot up like a canon and went from $6 to $220
Thanks for any insight others can share on the topic at hand
1. a Beta of MORE than 1
2. a Short Interest of at least 25% ( Maybe have to make this 50% to weed some out )
3. and those stocks with a Low float
You can say that I'm looking for Volatile stocks that " Hopefully " have a high likelihood of dropping in price lol
And also, using the same 3 metrics , but this time applying them as a screener , in looking for stocks with a high likelihood of making a breakout to the Upside
I'm Trying to figure out if these 3 metrics would have given a heads up to those stocks, that were siting Ideal and trading in that $5 - $15 range for awhile, and then all the sudden, just Exploded to the up ( or downside ) and never looked back
Think TSLA and BWLD as two examples of stocks that just shot up like a canon and went from $6 to $220
Thanks for any insight others can share on the topic at hand