A.I.M. Users Bulletin Board

[ocroft]

Altman Z Score
Hi Adam
I tended to agree with your statement until being introduced and doing research on the Altman Z score.
When Ken posted his Pocket Change Portfolio, the low prices sacred the livings daylights out of me.
However, after the Altman Z score introduction, the fact that the stocks are at a low price no longer scares me if their Altman score are in the safe zone. At 3.00 or above.
The 3.00 score says that this low price stock is financially sound.
It was put through the same criteria as a high priced stock.
So, just use timing on your selected low price stock that have a safe Altman Z score 3.00 or higher.

Guru focus site has a 444.26 Altman Z score for EMMD.
0.46 for FTR.

Regards
ocroft