All the data in the previous post was correct except to the 52 week change. I reran the data but only included stocks with a negative 52 week change. The ideas in the other days post were valid for companies with large buybacks over the past 12 months.
The new list was created as follows:
1) No Dilution
: Average 3 years shares outstanding / Trailing 12 months shares outstanding > .97
2) Strong Balance Sheet
: EV/MC < .90
3) Negative return over the past 52 weeks
4) Share buybacks / Float Amount < -.05
The results are as follows and sorted by the largest sales buybacks to float amount ratio
Click to see the results
