Screening Concept

The concept of screening is similar to a prospector searching for minerals, gold, or gems.  Each gem is found in a distinct geological formation.  Knowing what formation to look for can identify other promising sites.

So it is with screening (or searching) for promising stocks.  The investor must start with a clear idea of what is being sought.  Once the objective is defined, it becomes a simpler task to build the criteria to identify other interesting companies. 

As with the gem prospector, locating a site does not automatically guarantee finding gems.  The site has to be studied and analyzed carefully.  So it is with the companies identified with MyStockProspector.com.  They must be analyzed in detail to ensure that what you have discovered is indeed the investment gem you sought.

To review:

1.   You must understand what you want to find.  Your search objectives must be clearly stated, as they will direct your search.

2.   Careful attention must be given to the task of defining the screening (search) criteria and building the report to ensure that the screening actually uncovers what you want.

3.         It is very important to realize that screening is only a starting point and it must be followed by solid analysis of the companies discovered.

Focusing Your Objectives

Clearly-focused objectives make screening easier and provide clear results.  Time spent on setting your objectives is time well spent.  Your investing personality (conservative, aggressive, etc.) may determine your investing objectives and shape your searches accordingly.  The more clearly your objectives are specified, the more value you will get from MyStockProspector.com.