Wednesday, October 1, 2008

New spam from Mr. Navellier

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

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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