Saturday, October 25, 2008

Louis Navellier and JAKK

Original Post Date: August 13th 2008
Removed copyright content and reposted

The great advice Mr. Navellier send to his $5.000/year paying Quantum Growth subscribers arrived in their mailbox on April 14th 2008.

JAKKS Pacific (JAKK) is one [REMOVED]. JAKK is a great buy!

JAKK is a great buy! I read similar sentences by Mr. Navellier (like Grab Gigamedia, the Taiwan game developer, but grab it with both hands, because it’s a tiger!)

On April 14th JAKK closed at $29.22.

On April 21st JAKK closed at $28.67 and Louis wrote:


Of course JAKK was expected to release its report on Apr. 23rd. Ready Louis?

As you can imagine, the report was not so great...

One week later, on April 28th, Mr. Navellier was probably in a hurry because he did not spend more that two words (sell JAKK) to explain to his $5.000/year paying subscribers what happened to follow him on this great buy.

So Mr. Navellier's paying readers got the order to buy at around $29 and sell below $24. A 2 weeks return of around -18%. Not bad for a great buy...

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