Archive for February 20th, 2008

Stock Sreening with Math Functions?

Wednesday, February 20th, 2008
stock
skorskiw asked:

Reuters Power Screener used to let me create a stock screen and then insert a math function in the results.

For example, I could create a screen of all stocks with a Closing Price between 5 and 10 per share and then have it tell me the Average Revenue for all stocks in the result set.

I can do this manually, however I can’t find a screener that lets me download more than 300 stocks at a time.
My problem isn’t how to do the math. My problem is getting the data set. I haven’t found an online source that let’s me download more than 300 stocks at once.


Question posted courtesy of: Florence

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Stocks about to undergo reverse stock splits?

Wednesday, February 20th, 2008
stock
Ash asked:

I am playing a stock market game for my economics class with $100,000 in pretend money. I really want to win and I am wondering about a new strategy I have come across. Is it a good idea to buy stocks about to undergo reverse stock splits? For example, I am thinking of buying JAVA because it is about to have a 1 for 4 reverse stock split. I read that that will make it go from $5 to about $20. If only the stock price increase is accounted for and not the share decrease (e.g. My shares will stay the same while the price increases), doesn’t that seem like a logical thing to do? If so, do you know of any other stocks about to have reverse stock splits? Thanks!
My teacher would not make me decrease my amount of shares though. Like if I buy 10,000 shares at $5 then it goes up to $20 wouldn’t I make $100k? My teacher only looks at the stock price and not the fact that there has been a reverse stock split. So he wouldn’t make my 10,000 shares reduce to 2,500. I hope that makes sense. We’re not playing like the real world.


Question posted courtesy of: William
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Selling a loser Mutual Fund and buying it back in a Roth Ira?

Wednesday, February 20th, 2008
mutual fund
calder700 asked:

I bought a pretty poor performing fund about 9 months ago. (down 30%). I still believe in the fund but know it would better in a Roth (it has high turnover and a large distributions that really hurt my tax bill this yr). Can I sell this mutual fund now and immediatley buy it back in my roth to fully fund for 2007? Is there a time period I must allow for before I bought the fund back in my Roth? I have about $6500 in this mutual fund. I would probaly put the additional $2500 towards my 2008 roth and DCA into it for the next $2500. I would take the loss as a write off on my 2009 taxes. thanks


Question posted courtesy of: Alvin
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