Tuesday, December 16, 2008

Latest Global and Quantum Trades

Welcome to this new post. It is Tuesday and it is time to analyze the latest trades closed by Louis Navellier yesterday.
As every Monday Louis Navellier just sent his weekly issue of $5.000/year Global Growth and Quantum Growth to his subscrivers.
This week we have 3 sells for Global Growth and 4 sells for Quantum Growth. The situation is not so bad, compared to other time, but 2008 is a very bad yar for Mr. Navellier and even $5.000 worse for his subscribers.
Global Growth
This week, I recommend selling Brazil's CFPL Energia (CPL), Bermuda's Covidien (COV) and China's Solarfun Power Holdings (SOLF). Covidien has lagged behind the market for several weeks, while CPL and SOLF have pretty much moved sideways since we bought them and should be traded in for better stocks.
CPL was added to the Global Growth portfolio on November 24th 2008 at $43.40.
Yesterday it closed at $40.78 for a very small loss of around 6%.



COV entered the Global Growth portfolio on July 21st 2008 when it was trading at $49.38 (its highest price ever). After a last small jump to $55 it started going down and it just closed at $34.60 for a 29.9% loss.




You may remember what Mr. Navellier said about SOLF. SOLF was trading at $18 when Mr. Navellier predicted a double in the next 14 days... He added SOLF to his portfolio on December 1st 2008 at $4.70 and it just closed at $4.74 for a 0.something% gain.



Quantum Growth
We are selling four stocks this week. Pain Therapeutics (PTIE) and True Religion Apparel (TRLG) were stopped out. Also, LDK Solar (LDK) and Take-Two Interactive Software (TTWO) no longer qualify to be Quantum stocks.

PTIE was bought on November 24th at $12.17 and it just closed at $12.03 for a 0.something% loss.


TRLG was bought on November 24th at $11.48 and just closed at $10.60 for a small 5% loss.




LDK was also bought on November 24th at $12.17. It just closed at $12.03 for a 1% loss.




TTWO was added to the Quantum Growth portfolio on September 29th at $15.43. It closed at $11.56 for a 25% loss.


Recap
The 3 Global Growth trades generated an average loss of around 11%
The 4 Quantum Growth trades generated an average loss of around 8%

2 comments:

Anonymous said...

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navellierinvestors.com

Anonymous said...

I am the one that posted the above comment. I have since closed that website. Please contact me at: navellierlosers.com

LM