Wednesday, October 8, 2008

Global Disaster

A change in Mr. Navellier sell strategy this week. There are 16 sells for which Mr. Navellier gives Sell above prices.




He writes "When these stocks swing upward and surpass this price, I want you to sell and lock in your profits."

Let's see (if prices reach the sell above limit) how much profit $5.000/paying Global Growth subscriber will lock in.

The stocks to sell are:

  1. SOHU: bought on April 21st at $58.02 went over $90 in June. A missed 50% gain. If SOHU goes over the sell above limit then Global Growth subscribers will lock in a 1.9% profit. Yesterday SOHU closed at $52.39, 10% below the buy price.
  2. XTLB was bought on August 11th at $3.70. It went over $4.70 for a 25% missed profit before going down to $3.06 (-17%). If XTLB reaches its sell above price it will generate a 7.5% loss.
  3. GTE was bought on April 21st at $4.08. It went above $8 for a missed 100% profit and then back to $2.80 (down 31%). If GTE reaches its sell above price then Global Growth subscriber will lock in a profit of -23%.
  4. CSIQ was added on May 19th at $43.08. Yesterday it closed at $14.98 (down 65%). Selling CSIQ at its sell above price would allow Mr. Navellier's $5.000/year paying subscriber to lock in a -59% profit.
  5. SQM: bought on April 7th at $28.34 and star of many spam from Mr. Navellier (see here for an example) SQM moved up to almost $60 for a 100% missed profit. It is now trading at $18 for a -36% and, if sold at its sell above price it will generate a loss of 30%.
  6. EDU was bought on July 28th at $72.39. It is currently down 17% and if sold at its sell above price will limit the loss to a -10%.
  7. ASIA was also bought on July 28th at $13.63. It is currently down 42% ($7.82) and if sold at its sell above price would generate a loss of 37%.
  8. SDTH was bought on August 4th at $9.01. It is currently down 53% ($4.20). Sell it at its sell above price and you will lock in a -47% profit.
  9. SID: a spectacular trade. Bought on November 19th 2007 $24.38 it went over $50 in 6 months for a missed 100% gain. It is currently at $14.85 (down 39%) and will generate a loss of 34% if sold at its sell above price.
  10. CSUN was bought on September 2nd at $9.98. It is now down 40% ($5.99). If sold at its sell above price will bring a profit of -27%.
  11. GGB entered the Global Growth portfolio on March 3rd at $16.89. It went over $25 for a missed 50% profit, then down to $8.07 (that is -52%). Sell it at its sell above price and lock in a 47% loss.
  12. YTEC was added on September 22nd at $11.07. Yesterday it closed at $8.67 for a -21%. If sold at its sell above price will generate a loss of 14%.
  13. HOGS was also bought on September 22nd, at $11.31. It is currently down 25% ($8.50) and if you are able to sell it at its sell above price you will limit your loss to a 19%.
  14. CAEI was a fast trade. Bought last week (September 29th) at $6.51, currently down 13% at $5.66. Sell it at its sell above limit and lock in a 0.92% profit (if it goes up again...).
  15. SDA is as spectacular as SID. Bought on February 25th at $18.20 it went up to $26 for a missed 40% profit. It is currently down 57% ($7.75) and if sold at its limit will generate a profit of -53%.
  16. GSI was bought on September 2nd at $13.83. It is currently down 64% at $4.92. If sold at its sell above limit (thus gaining around 13% from current price) will generate a loss of 59%.

When these 16 stocks reach their Sell Above prices, Mr Navellier wants you to sell and lock in your profits.

If all of them reach their Sell Above prices, the average locked in profit will be -29.98% (MINUS TWENTYNINE DOT NINETYEIGHT PERCENT).

UPDATE

Portfolio Grader Pro currently rates these 16 stocks as follows:

  • ASIA - Buy
  • CAEI - Buy
  • CSIQ - Strong Buy
  • CSUN - Buy
  • EDU - Strong Buy
  • GGB - Buy
  • GSI - Hold
  • GTE - Strong Buy
  • HOGS - Buy
  • SDA - Hold
  • SDTH - Strong Buy
  • SID - Strong Buy
  • SOHU - Strong Buy
  • SQM - Strong Buy
  • XTLB - Strong Buy
  • YTEC - Buy

1 comment:

Paul said...

I subscribed to Navalier's Blue Chip Growth for about three years and for about a year I got the Quantum Growth Newsletter. Blue Chip wasn't bad. Quantum sucked. Your posting makes me very grateful that I'm not paying him to help me lose my money.