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Scan for Stocks under 10 cents?

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Chris_R View Drop Down
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Joined: 01 Jan 2009
Location: Sydney
Posts: 8
Post Options Post Options   Quote Chris_R Quote  Post ReplyReply Direct Link To This Post Topic: Scan for Stocks under 10 cents?
    Posted: 27 Jun 2011 at 11:22am

Trying to setup bullscan criteria to search all securites for stocks under 10cents is a mamoth task for me since i am no programmer.

What is the easiest way to do it?
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rbbrain View Drop Down
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Joined: 22 Jul 2006
Location: Melbourne
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Post Options Post Options   Quote rbbrain Quote  Post ReplyReply Direct Link To This Post Posted: 28 Jun 2011 at 1:48pm
Hi Chris_R

It is fairly straight forward to set up a BullCharts Scan for all stocks under 10 cents.
We don't need to be a programmer for most activities in BullCharts, because of the drop-down options. Perhaps the biggest challenge is simply learning about BullCharts Scans in the first place.
[btw - to help get started with Scans, I have a 5 minute YouTube video here: http://www.youtube.com/watch?v=sEtNqnfzfCo ]
[I have more Getting Started information stored here:
http://www.robertbrain.com/bullcharts/bullcharts-getting-started.html

Now, to scan for stocks less than 10 cents, create a new Scan so that the Scan Criteria dialogue box looks like this one:

Note that the text near the bottom of the screen says "Close is less than 0.1", because the value that we enter here is in dollars - hence 0.1 is actually $0.10 or 10cents.

Hope this helps

Cheers



Robert Brain (Brainy)
Convenor - Australian BullCharts User Group
Brainy's Share Market Toolbox and BullCharts Tips
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