Louis Navellier and VIP

Original post date: August 20th 2008

Removed copyright content and reposted

Louis Navellier and his [REMOVED] subscribers lost a good opportunity to cash a 100% gain on VIP last year.

In his June 2007 issue (edited on May 24th 2007) Mr. Navellier wrote:

Vimpel Communications (VIP)

[REMOVED] Buy this Moderate stock below $108 ($21.6 split adjusted).

The next months he started raising the buy below limit as usual.

July 2007 issue

Buy below $114 ($22.8 split adjusted)

August 2007 issue
Buy below $120 ($24 split adjusted)

September 2007 issue
Buy below $107 ($21.4 split adjusted)

October 2007 issue
Buy below $29

November 2007 issue
Buy below $31

December 2007 issue

Russia’s Vimpel Communications (VIP) is up more than 49% since June 2007 (what about selling or setting a stop Louis?)

Buy below $32

January 2008 issue

Buy below $42 (DID ANYBODY BUY HERE???)

February 2008 issue

Vimpel Communications (VIP) should continue to fare well regardless of the U.S. economy.

Buy below $37

March 2008 issue

Buy below $41

April 2008 issue

Buy below $35

May 2008 issue

Buy below $35

June 2008 issue

Buy below $38

July 2008 issue

Buy below $35

August 2008 issue

Buy below $30

September 2008 issue

Buy below $28

Yesterday, August 19th 2008, VIP closed at $22.47. Mr. Navellier is up 12% in 15 months.

He could have sold at $40 at the end of December 2007 and gain 100% in 7 months.

Are your readers happy, Louis? What about those ho bought VIP over $40 and are now sitting on a 50% loss?