Tuesday, November 11, 2008

Luis Navellier and WDC

Original post date: August 6th 2008
Removed copyright content and reposted

In one of his latest spam-like emails promoting his $5.000 Quantum Growth newsletter Mr. Navellier wrote:

I’m a shrewd investor who eats risk for lunch. That’s why I have no problem offering a no-questions-asked money-back guarantee on my Global Growth service. If, after 14 days (or at any point in your trial subscription) you are not completely thrilled with your profits, all you need to do is call, and you'll receive a complete 100% refund—no questions asked. After all, over the past 10 years, my system has not only beaten the S&P 500 by $30-to-$1, but has delivered 1,600% returns thanks to great trades...

Today I would like to tell you about Mr. Navellier's Quantum Growth advices on Western Digital.

Oct 29th 2007 Buy at $25.27
Nov 12th 2007 Sell at $25.12
Realized Gain/Loss: -0.6%

Feb 11th 2008 Buy at $28.40
Apr 28th 2008 Sell at $29.05
Realized Gain/Loss: +2.3%

Jun 09th 2008 Buy at $38.83
Open position: Aug 05th 2008 closing price: $29.06
Unrealized Gain/Loss: -25%

Now WDC is trading at a PE between 7 and 8.
It has a good financial situation (low Debt/Equity and Debt/Assets, average Quick and Current Ratio).
It has high Operating, EBITDA and Net Profit Margin. Good EPS and Sales Growth Rates.
Top of industry ROA, ROE and ROI.

As soon as Mr. Navellier will say to sell it, I will jump in.

1 comment:

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