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Ken's Mail Bag - Q&A 10/09/09 Color Codes
Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net
CANSLIM.net


 
Subscriber Questions:

October 8, 2009

Ken,

I have a question as a new subscriber. In the status column and notes, what does the G green and Y yellow designate?

Tom

 
Ken's Response:

 October 9, 2009

Tom,

First, I would like to thank you, congratulate you, and welcome you to CANSLIM.net!  I wish you much success! 

Interestingly enough, the day before you activated your new membership, I discussed the color codes again in the Featured Stock Update section coverage on Baidu.com (BIDU) in the After Market Update published on October 7, 2009 (read here). Its latest pullback raised some concerns which were noted, while its color code was changed to yellow on 10/01/09 and remained so in its 10/02/09 and 10/05/09 report appearances. The color code is not a recommendation, and it does not work like a traffic light!  It is an indication that a Featured Stock is considered by CANSLIM.net's investment system experts to be among the "better buy candidates" if yellow, or "no longer buyable under the guidelines" if green. When you use the "view all notes" links to review prior analysis on any given stock, the Y or G designations at the front of the notes allow members (even those who may be colorblind or using odd color settings on their web browser or computer monitor) to quickly determine what shape that Featured Stock was in at the time the note was entered.  Once a stock is noted and dropped from the Featured Stocks list it is no longer color coded, unless it meets the criteria and is featured again later. In its previous FSU appearance we described extensive prior coverage BIDU has received (read here).

Kenneth J. Gruneisen
Founder & Contributing Writer for CANSLIM.net
www.canslim.net

 

About Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net :
Kenneth J. Gruneisen has successfully completed the CAN SLIM® Certification Program.  Mr. Gruneisen became a Registered Representative in 1987 and his career includes experience offering personalized assistance to investors with more than a decade of experience as a Registered Principal managing a branch office.

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