Your pop up blocker may be preventing the MarketSmith tool from opening.
Learn how to resolve this issue.
I posted a screen for rising sponsorship. I also blogged on CMG - a great example of rising sponsorship. This blog is just a great example of why you DON'T want to ignore sponsorship. This stocks has 8 quarters of falling sponsorship. You can clearly see the effects this has on a stock. You don't even need to look at the fundamentals, the institutions are doing the work for you. If you look at the chart, you can see that it was a new IPO in 2005 and peaked in Oct 2007.
I won't do any CANSLIM analysis as this is a stock that I would not buy. It just fails in so many ways.
The moral of the story - You don't want to go against the institutions when buying a stock.
Thanks for this one as well. I had been long AOB during the early part of this decline and your analysis caught my attention. An excellent example of the power of institutional distribution. Brad
© 2015 MarketSmith, Incorporated. All Rights Reserved. MarketSmith® is a registered trademark of MarketSmith, Incorporated. All data provided by William O'Neil + Co. Incorporated unless otherwise noted.