Monday, October 13, 2008

Louis Navellier and his October 2007 Top Three Stocks

Original post date: August 14th 2008
Removed copyright content and reposted


Water Transportation was a very hot industry during the second half of 2007.

Mr. Navellier had some WT companies in his $5.000/year Global Growth portfolio. At that time I profited from a fantastic offer from Louis:
2 weeks free: if you are not satisfied you cancel your subscriprion and pay nothing

Exactly what I did. But in the two weeks I was able to read the history of Global Growth Top Three Stocks. These Top Three Stocks were all Marine Transportation companies.

And after that time, some friends forwarded to me the following issues of $5.000/year Global Growth.


As I was saying and as you can see September and October 2007 were great months for Marine Transportation: the whole industry gained 20% in two months.

As a result of such a good situation, Mr. Navellier wrote to his $5.000/year paying subscribers the folllowing words:

October 22nd 2007

Top Three Stocks
TBS International Ltd. (TBSI) is back in the #1 spot. [REMOVED]

DryShips (DRYS) comes in at #2 this week. [REMOVED]

Excel Maritime Carriers Ltd. (EXM) remains in the #3 spot.[REMOVED]. And last week, Jeffries raised price targets dramatically on our top five shipping stocks:

Name

Symbol

Old Target

New Target

DryShip

DRYS

$108

$160

Diana Shipping

DSX

$35

$44

Excel Maritime

EXM

$57

$92

Quintana Maritime

QMAR

$24

$31

TBS International

TBSI

$47

$72



* Note: Quintana Maritime (QMAR) comes in at #4, and Diana Shipping (DSX) is #5 on our list.
In addition, a second Wall Street firm (Cantor Fitzgerald) has also raised its price targets on five major shipping stocks, citing a continuing surge in dry bulk rates.

Interesting new targets. Remember: it is October 22nd 2007.

One week later, on October 29th, Mr. Navellier wrote:

Top Three Stocks
There is no change in the Top 3 list this week.
TBS International Ltd. (TBSI) remains in the #1 spot;
DryShips (DRYS) remains in the #2 spot;
and Excel Maritime Carriers Ltd. (EXM) remains in the #3 spot.
[REMOVED]

On the 5th of November 2007 Louis wrote the following:

Top Three Stocks
There is no change in our Top 3 list this week, as marine shipping stocks still dominate the list. [REMOVED] TBS International Ltd. (TBSI) remains in the #1 spot. [REMOVED]

DryShips (DRYS) remains in the #2 spot. [REMOVED]

Excel Maritime Carriers Ltd. (EXM) remains in the #3 spot. [REMOVED]

Buy below prices were at this point:

DRYS: $113.9
EXM: $63.84
TBSI: $58.54

I am sure some people gave Louis $5.000 a year and bought these Top Three Stocks at prices close to the ones you see here above.

Let's see what happened next:


On December 26th 2007 Mr. Navellier told his paying readers to sell EXM. Price was around $41.

On January 14 2008 Mr. Navellier told his paying readers to sell TBSI. Price was around $24.

On July 28 2008 Mr. Navellier told his paying readers to sell DRYS. Price was around $73.

The September/October 2007 Top Three Stocks, if bought at that time at the buy below prices Mr. Navellier accurately calculated had returned:

EXM: -35%
DRYS: -35%
TBSI: -59%

Not bad for the Top 3 (and not bad for $5.000/year)

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