1. Insider Buying Information

Click to Get Best Penny Stock Pick Program

Insiders are company's CEO, Chairman, board directors,
executive vice president of various departments.

Insider buying information top my list for obvious reasons.
Insiders have lots of reasons to sell their shares: buying a
house, huge vacation expense, etc. However, there is usually
only one reason when insiders buy their company's shares
with their personal money: the insiders believe the stock
price are cheap and they can make money by buying their own
stocks.

Insider buying information is also very informative to
understand market sector movement. Many time I looked at
the insider buying information from sector point of view.
Certain sector during certain period of time constantly had
insider buying activities from different companies of the
same sector, which could indicate a sector wide
undervaluation or bullishness. That was exactly what I found
in late 2003 and early 2004 when I found insiders of lots of
oil and natural gas companies constantly buying their
stocks. Eventually I picked two oil and gas stocks in late
2003 and early 2004 Whiting Petroleum (ticker WLL) and
Chesapeake Energy (Ticker CHK) from insider buying
information and they have been huge success for my premium
investment newsletter Blast Investor Real-time Plus (BIRTP)
and rewarded myself financially very significantly.

2. Guru Watch

It is certainly worth the effort to track stock picks or
ideas from legendary gurus such as Warren Buffet, Eddie
Lambert, Jim Rogers, etc.

Wall Street Journal is great source of investment and
financial information. My 2003 stock pick PetroChina (PTR)
was from an article of Wall Street Journal, which published
news of Warren Buffet buying PTR. I immediately bought into
PTR stock on the same day that I read the article and
profited handsomely from this pick.

Warren Buffet is the best value investor in the world and
you can not afford to ignore him. One way to track Warren
Buffet picks is to go to Yahoo Finance and then read news
headlines under stock ticker of BRK-A.

Recently, internet information grew so large and I believe
it is now much easier to track gurus from web rather than
reading newspapers or magazines. An easier way to track guru
picks is to use tracking services offered in the web. Here I
highly recommend the tracking service provided by
Gurufocus.com. Gurufocus tracks almost all the
value-oriented Wall Street gurus. Their list of gurus is
huge, Warren Buffet, Edward Lambert, George Soros, etc. They
even publish a newsletter alerting you the latest guru buy
and sell actions. Their service is great and best yet, it
is all free!

Click to Get Best Penny Stock Pick Program

3. Software Screening Tool

BlastInvest operates internally a Mysql based relational
database storing about seven thousand stocks with all kinds
of valuation metrics and tools that I can do for Benjamin
Graham NCAV ranking, return on equity modeling, low pe or
low price to sale screening, etc. We update database
information every week and I constantly mine the database