For me to be interested in trading a particular stock, I'd look to meet the following criteria:
- Traded on a USA exchange.
- Not pink sheets or Over-the-counter.
- Minimum 200,000 shares traded on a daily basis. The higher the better.
- Either options or the stock must have a reasonable Bid/Ask spread.
- Share price over $5.
- Infrequent gaps.
- Over 200 days of trading history.
- Next quarterly earnings report at least 10 days away.
- Optional: Longs are over the 50 DMA (Daily Simple Moving Average) and shorts are under the 50 DMA.
- Optional: -1 > Beta < 1. The closer to 0 the better.
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