Tuesday, February 24, 2009

Navellier's New Disaster

Some new losing trades by Louis Navellier's $5.000/year Quantum Growth and Global Growth services.

Not a single winning trade this week. Let's start from Quantum Growth.

Four new sells: GNA, ERF, OIS and SPAR.

GNA
Buy Date: January 12th 2009
Buy Price: $5.90
Sell Date: February 23rd 2009
Sell Price: close $4.59; aftermarket $4.03
Performance: -22% to -31%
S&P500 Performance: -15%

ERF
Buy Date: January 26th 2009
Buy Price: $22.09
Sell Date: February 23rd 2009
Sell Price: $Close $15.38; aftermarket $17.23
Performance: -30% to -22%
S&P500 Performance: -12%

OIS
Buy Date: November 17th 2008
Buy Price: $18.43
Sell Date: February 23rd 2009
Sell Price: $13.37
Performance: -27%
S&P500 Performance: -13%

SPAR
Buy Date: December 22nd 2008
Buy Price: $4.25
Sell Date: February 23rd 2009
Sell Price: Close price was $2.53 while aftermarket was $2.05
Performance: -40% to -51%
S&P500 Performance: -15%


And three sells for Global Growth: CBD, EBR and GTE.

CBD
Buy Date: September 8th 2008
Buy Price: $37.96
Sell Date: February 23rd 2009
Sell Price: $23.30
Performance: -38%
S&P500 Performance: -41%

EBR
Buy Date: November 24th 2008
Buy Price: $10.98
Sell Date: February 23rd 2009
Sell Price: $10.16
Performance: -7%
S&P500 Performance: -13%

GTE
Buy Date: February 2nd 2009
Buy Price: $2.82
Sell Date: February 23rd 2009
Sell Price: $2.17
Performance: -23%
S&P500 Performance: -10%


Summary

Quantum Growth: -27% to -34%
S&P500 Average: -14%

Global Growth: -22.6%
S&P500 Average: -21.3%

Louis Navellier's $5.000/year services are not even able to replicate the market performance.

How much will we have to wait until Mr. Navellier services will be shut down like Jeff Manera's?

No comments: