Now that I had my list I pulled up the charts for the last 10 days of trading. I noted the 10 day high and low prices, then eyeballed the chart to determine where I thought the wiggle room laid. No scientific statistical methods for me! I noted the wiggle room and then calculated what the profit would be if I bought at the bottom of the wiggle room and sold at the top of the wiggle room. I was only interested in stocks where I could make 10% or more in the wiggle room. This narrowed my list down to my top nine stocks.
These top nine are the stocks that I am going to use in my simulation over the next few weeks, to see if the system works or needs more tweaking.
Last Ten Days | Wiggle Room Range | Potential | ||||
Lowest Price | Highest Price |
Buy Price |
Sell Price | Per Share Profit in Wiggle Room | Percentage Profit in Wiggle Room | |
BZ | $ 1.59 | $ 2.51 | $ 1.85 | $ 2.20 | $ 0.35 | 18.92% |
GBNK | $ 1.53 | $ 2.45 | $ 1.90 | $ 2.20 | $ 0.30 | 15.79% |
IGOI | $ 0.60 | $ 1.32 | $ 0.65 | $ 0.75 | $ 0.10 | 15.38% |
CMRG | $ 1.60 | $ 2.60 | $ 2.00 | $ 2.25 | $ 0.25 | 12.50% |
SSP | $ 1.77 | $ 2.58 | $ 2.00 | $ 2.25 | $ 0.25 | 12.50% |
LCC | $ 2.41 | $ 3.20 | $ 2.65 | $ 2.95 | $ 0.30 | 11.32% |
FRE | $ 0.82 | $ 0.71 | $ 0.72 | $ 0.80 | $ 0.08 | 11.11% |
FOH | $ 0.68 | $ 0.75 | $ 0.68 | $ 0.75 | $ 0.07 | 10.29% |
LVLT | $ 1.05 | $ 1.24 | $ 1.07 | $ 1.18 | $ 0.11 | 10.28% |
MGI | $ 1.45 | $ 1.60 | $ 1.46 | $ 1.60 | $ 0.14 | 9.59% |
MSN | $ 0.61 | $ 0.75 | $ 0.65 | $ 0.71 | $ 0.06 | 9.23% |
BSET | $ 1.95 | $ 2.65 | $ 2.20 | $ 2.40 | $ 0.20 | 9.09% |
UIS | $ 1.28 | $ 1.64 | $ 1.40 | $ 1.52 | $ 0.12 | 8.57% |
PIR | $ 1.75 | $ 2.14 | $ 1.90 | $ 2.06 | $ 0.16 | 8.42% |
CNO | $ 2.30 | $ 2.85 | $ 2.45 | $ 2.65 | $ 0.20 | 8.16% |
ETFC | $ 1.33 | $ 1.56 | $ 1.40 | $ 1.51 | $ 0.11 | 7.86% |
PLA | $ 2.60 | $ 3.39 | $ 2.75 | $ 2.95 | $ 0.20 | 7.27% |
EK | $ 2.48 | $ 2.92 | $ 2.60 | $ 2.78 | $ 0.18 | 6.92% |
DYN | $ 1.87 | $ 2.43 | $ 2.05 | $ 2.18 | $ 0.13 | 6.34% |
FRZ | $ 1.75 | $ 2.00 | $ 1.79 | $ 1.90 | $ 0.11 | 6.15% |
FNM | $ 0.68 | $ 0.78 | $ 0.70 | $ 0.74 | $ 0.04 | 5.71% |
AIG | $ 1.45 | $ 1.74 | $ 1.60 | $ 1.69 | $ 0.09 | 5.62% |
RMX | $ 2.64 | $ 3.00 | $ 2.72 | $ 2.85 | $ 0.13 | 4.78% |
OWW | $ 2.04 | $ 2.48 | $ 2.32 | $ 2.42 | $ 0.10 | 4.31% |
BFLY | $ 1.15 | $ 1.32 | $ 1.19 | $ 1.24 | $ 0.05 | 4.20% |
ALU | $ 2.41 | $ 2.84 | $ 2.60 | $ 2.70 | $ 0.10 | 3.85% |
AEZ | $ 0.85 | $ 1.56 | No wiggle room | |||
BBI | $ 0.69 | $ 1.11 | No wiggle room |
| ||
FLWS | $ 2.25 | $ 2.85 | No wiggle room |
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