Screen 1

By | August 14, 2019

I run many screens and try to find good shorts.  This screen was run in the middle of August with the following parameters:

Price 2 Sales > 5  =  company most likely has been buying stocks.
PE > 50 = company is too expensive for institutions.  Although they are buying PE of over 100.
Market cap is over 10 billion = harder to game the price
debt/cash is > 5 = company cannot do too much buying anymore.
cash/daily volume (in dollars) < 1 = to avoid short squeeze.

This screen returned few stocks and most of them were REITs.  AVB, AWK, BSX, CCI, MAA, O, SBAC and VTR.  I am going to start by buying December and January puts on O and CCI.

 

One thought on “Screen 1

  1. 9Sigma Post author

    As of mid August I have January $60 put on “O”. Ironically, just today the “unusual activities” gurus were drumming up CCI.

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