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Biggest action score climbers?
I was wondering if it would be interesting to see the biggest action score climbers of the day or week or so. I would limit it to A and B graded stocks to keep the list relevant. I am not exactly sure if this would create any extra value, but I was thinking the biggest climbers would be stocks to watch and maybe start looking into. I would also think that typical value trap stocks would not show up on such a list, but I could be wrong on this.
Just a thought I had. Maybe you could run a small test screen and see what came up and let us know what you see?
Anyone else think this is a good idea?
Customer support service by UserEcho
Interesting idea to send out on a weekly basis. Not sure how much stocks will move if there are no earnings releases though. But worth a look.
I've been sleeping on this idea and have some additional thoughts.
Stocks move up and down in action score on a daily basis because the price changes.
When you first started with the action score, Jae, you had the idea to publish it once a week, I think? You then discovered that stocks did move up and down the list for obvious reasons - the price changed. So now we have the list ever day, which is nice :)
Perhaps it is not necessarily the highest climbers that we want. But it would be nice to be able to pick out new stocks entering the list. I remember you wrote about Wal-Mart. I think you wrote that you noticed that Wal-Mart became an A stock and you acted on it and bought some. I had the same experience (I also bought some). The reason I noticed it was because it was a well known name to me, and I knew I had not seen it on the A-grade list before. I am not sure that I would have been able to identify a less known company as a new stock on the list.
Another idea that might be easier to create would be new A- and B-grade stocks in the last week? I still have a preference for the climbers though.