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May 23, 2013. Tuscaloosa IBD Meeting #11. Meeting Rules. 1. Ask questions, there are no stupid questions. 2. We meet Monthly, the 4 th Monday evening 6:30pm until 8:30pm. Mini meetups will be scheduled when possible. 3. Invite people who are interested in investing in stocks.
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May 23, 2013 Tuscaloosa IBDMeeting #11
Meeting Rules • 1. Ask questions, there are no stupid questions. • 2. We meet Monthly, the 4th Monday evening 6:30pm until 8:30pm. Mini meetups will be scheduled when possible. • 3. Invite people who are interested in investing in stocks. • 4. No one is here to make money off another person, only to improve our investing skills. • 5. The main subject will be “CAN SLIM” at every meeting.
Meeting Format • Market Health • CAN SLIM • Fundamental Story – 3–D Printing • Stock Review
What Progress have we made? • Year To Date 12-31-12 thru 5-22-13 • NASDAQ up 14.7% • S&P 500 up 16.1% • NYSE up 12.6% • DJIA up 16.8%
CAN SLIM - 7 Traits • C=Current Earnings (25% Min.) • A=Annual Earnings (25% Min.) • N=New (Products) • S=Supply and Demand (Demand) • L=Leader (tops in its Group) • I=Institutional Sponsorship (Mutual Funds) • M=Market Direction (Going Up)
CAN SLIM • C = Current Big or Accelerating Quarterly Earnings and Sales per Share Minimum of 25%
CAN SLIM • A = Annual Earnings Increases: Look for Big Growth Minimum 25%
CAN SLIM • N = New • Newer Companies, New Products, New Management, New High off properly formed chart bases
CAN SLIM • S = Supply and Demand • How is it available vs. How many people want it. • Supply and Demand is more important than opinions.
CANSLIM • Leader • Best quarterly and annual earnings growth • Highest return on equity • Widest profit margins • Strongest sales growth • Most dynamic stock-price action • Unique and superior product of service • Taking market share
CAN SLIM • Institutional Sponsorship • Mutual Funds, Pension Funds, Hedge Funds, Insurance Companies, Bank Trust
CAN SLIM • Market Direction “You can be right on the first six letters and be wrong about the market direction and three out of four of your stocks will go down with the market.” HTMMIS pg. 199
Fundamental Story • 3-D Printing