Original post date: August 26th 2008
Removed copyright content and reposted
On my fake account I just found a spam Mr. Navellier sent last Friday to promote his Emerging Growth newsletter.
According to Mr. Navellier Emerging Growth Winner #1 is Badger Meter (BMI).
He promises 50% gain on BMI, STRA and TRA in the next 90 days. I will talk about this in 3 months from now, but I just want to share with you whan Mr. Navellier was saying of BMI (see chart here).
When Mr. Navellier sent his message (August 22nd 2008) BMI closed at $48.66. But I know Mr. Navellier had BMI in his portfolio since end of June, when he released his July 2008 Emerging Growth issue. In that issue you can read:
Badger Meter (BMI)
[REMOVED] The stock is a great buy below $54.
Somebody maybe bought it at $50-$54.
In August 2008 issue Mr. Navellier wrote:
Badger Meter (BMI)
Buy Below: $61
[REMOVED]
I really hope nobody bought it at $61 because yesterday BMI closed at $47.01.
Game is not over yet, but unrealized loss for Mr. Navellier is 21%...
See you in 3 months time...
Quick update September 30th
BMI is still around $47 (from $48.66 on August 22nd - date of the spam message)
STRA is down $220.26 from $219.71 on August 22nd
TRA sunk to $29.40 from $50.32 on August 22nd
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