3) if the result is greater than $5000 it's approved.
No. Obviously, the stock price today may not even be remotely related to the stock price over the last 3 months. However, that process will at least give someone a ballpark idea.
save yourself and SSK a mountain of work
I sincerely appreciate the sentiment, however, I accepted the fact that this rule will require me evaluating every stock for dollar volume. It only takes me a matter of less than a minute each because I know how to do a pretty close estimate of a stock. If the estimate is really close, I'll approve it rather than spend all day crunching the daily numbers. Furthermore, once we have a few more people make their picks, I am planning on running a list repeatedly of all stocks approved - OR just update it in the IBox.
I WILL BE HAPPY TO GIVE YOU THE DOLLAR VOLUME PICKS OF ANY STOCK YOU ARE UNSURE ABOUT.
Len
Warren Buffet: 5 minutes and 17 seconds of pure, unadulterated, bulletproof, flawless logic.
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