Replies to post #3172 on Investor Help (NO Ihub questions)

[cintrix]

I have a lot of different criteria. I have scans set up for different exchanges. Some I have set up for 15% or higher drops. Once it triggers I immediately look to see what is making the stock go down. I check the news, and the filings. Usually there will be something in either of the two of them that gives you a good clue why it is dropping. Earnings is a major cause for stocks to drop. It could be that they are making a profit, but their guidance wasn't met - that will crash a stock. Sometimes it could be something a lot more dangerous - like they hired a firm that deals in bk. Or a biotech that got some bad news from fda trials. Or a filing that is dilutive. A lawsuit is another. A deal going bad. A contractor not renewing with a company. There are so many things that can drop a stock. Sometimes there is absolutely nothing happening and a stock drops - I like those but tread that water very carefully jic something pops up . If I determine that the selloff is an overreaction i jump in. My 15% drops are for nasdaq, nyse, and amex stocks. With pennies, if I am playing them for a bounce it needs a much bigger drop for me to even consider playing it. http://investorshub.advfn.com/BOUNCE-2346/ is a bounce board.