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Re: Toofuzzy post# 41257

Monday, 09/05/2016 7:15:48 PM

Monday, September 05, 2016 7:15:48 PM

Post# of 47291
Hi TooFuzzy

Google Altman Z score for the definition. The Higher the number, the less likely the company is to go bankrupt. I get my numbers from a paid site that provides stocks to sell covered calls on.

Like I mentioned before, I have had two stocks go belly up on me, but that was pre internet and knowing about numbers like the Z score. Google, Z score SLW or any ... stock.

AltZ > 3.0 Bankruptcy not likely
1.8 < AltZ < 3.0 Bankruptcy possible
AltZ < 1.8 Bankruptcy likely

My preferred choice to AIM, like yourself are ETFs, but sometimes there are some stocks that are just worth the risk.

Regards,
Ray
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