One Step Ahead

[Bo14172]

Good point about SHO lolly and selectivity
in looking for plays.

Companies that may not be seeing a difference either:

A) Have little for the market to be interested about. (No value, failed idea, or no defined product or service)

AND/OR

B) Fails at a low percentage of their O/S amount.

It only take 0.5% (one half of 1%) fails as a percentage of O/S for a Threshhold Stock to make the list. So a stock with 200 million outstanding with little going for it in terms of value isn't going to react much if MM's are only covering 5-10 million shares in fails after 'day 13'.

Last month I posted SHO will be a tool we as investors can refer to. Being 'a tool' means it is just one of many tools to try to make good investment decisions. As patterns and trends develop (good or bad) we can use this information as one of many checks to spot good opportunities.

Those who trade full time may be able to tell me if there is some resource telling how great the fail rate is for each listing in relation to each companies o/s. I doubt that is out there but it would make one hell of a great research tool, taking our how we can best use SHO to the next level. I for one would love to see the percentage of Fails/Outstanding Shares daily of each listed security.

Stay warm tonight, those in the NE anyway. : )

Bo