On September 2nd issue of $5.000/year Quantum Growth service Mr. Navellier identified a few stocks to sell for his subscribers.
He wrote:
This Week's Sells
CryoLife (CRY), Desarrolladora Homex (HXM), ENI (E) and Herbalife (HLF) no longer qualify as Quantum stocks. I want you to take the proceeds from these sells and reinvest them into this week's new buys.
Let's review how well Mr. Navellier and his $5.000/year subscribers did this week.
CRY
CRY was bought on August 18th at around $14.69.
CryoLife (CRY) [REMOVED]
Yesterday CRY closed at $16.32 for a good 11% gain.
CRY is currently in the middle of a good uptrend. Rather than selling it I would put a
stop at $14.20.
UPDATE: Well done Mr. Navellier. The trend was finished.
HXM
HXM was addedt to Quantum Growth portfolio on July 28th 2008 at $56.42.
Desarrolladora Homex (HXM) [REMOVED]. HXM is a good buy.
No additional words until yesterday (sell at $51.34 for a -9%).
E
ENI was added on July 28th too at around $69.41.
ENI (E) [REMOVED], ENI is a very good buy.
One week ago, August 25th 2008, Mr. Navellier wrote:
ConocoPhillips (COP) and ENI (E) [REMOVED].
COP and E are both outstanding buys.
September 2nd
Sell ENI at $61.97 -10% for ENI
HLF
July 21st
Herbalife (HLF) [REMOVED], please only use limit orders that are within 25 cents of the previous day's closing price.
July 28th
Buy below $44.39
August 4th
Herbalife (HLF) [REMOVED]. The stock is a great buy.
Buy below $45.45
August 11thHerbalife (HLF) [REMOVED] is a great buy.
Buy below $47.33
August 18th
Buy below $47.75
August 25th
Herbalife (HLF) [REMOVED]. HLF continues to be an excellent buy.
Buy below $48.78
September 2nd
Sell at $46.97
A 13% gain on HLF for Mr. Navellier (unless somebody bought on end of August, in such a case there is a small loss...)The average performance this time is 1.5% on these 4 trades.
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