Thursday, November 6, 2008

Louis Navellier's latest spam

Navellier's weekly spam never misses an issue. In his message this time he writes:

ALREADY THIS MORNING we are seeing some of the effect that thenew legislation will have on investors. Our top Emerging Growth renewable-energy stock is up 34%.

But I cannot guess which stock this is. Of the current portfolio, only 3 of 27 stocks are in positive territory:
  1. a Diversified Consumer Services company that is in the education business - nothing to do with renewable energy

  2. an Electronic Equipment Instruments & Components company that produces thermography products, like infrared cameras, should not be in the renewable energy business

  3. an Electrical Equipment company, that serves the power generation, transmission and distribution markets

Al the other 24 stocks are down


  1. Internet Software & Services -0.35%

  2. Aerospace & Defense -0.52%

  3. Chemicals -0.68%

  4. Machinery -2.64%

  5. Media -3.39%

  6. Specialty Retail -7.41%

  7. Aerospace & Defense -8.29%

  8. Food Products -10.09%

  9. Health Care Providers & Services -10.68%

  10. Food Products -12.82%

  11. Pharmaceuticals -13.67%

  12. Specialty Retail -16.06%

  13. Chemicals -19.47%

  14. Chemicals -23.89%

  15. Metals & Mining -31.24%

  16. Marine -35.14%

  17. Life Sciences Tools & Services -35.87%

  18. Machinery -39.40%

  19. Electronic Equipment Instruments & Components -41.40%

  20. Auto Components -43.60%

  21. Oil Gas & Consumable Fuels -46.35%

  22. Oil Gas & Consumable Fuels -58.79%

  23. Electrical Equipment -63.54%

  24. Oil Gas & Consumable Fuels -68.33%

So, Mr. Navellier, which is this renewable energy stock that is up 34%?

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