Act now to protect yourself from potentially big losses in these stocks
Like Countrywide Financial, an amazing number of “great” stocks are out there that could literally collapse overnight. Take CoolBrands for example. During the low-carb craze a few years ago, this stock looked strong.
It shot from $2.50 to over $25 within 18 months. Then just as suddenly, the love affair with low-carbs cooled and the stock came down fast. Today shares sell for $0.85.
As I look for stocks to recommend for your portfolios, I also often identify stocks that are likely candidates to take a big dive.
And The Successful Investor gives you the heads up on these stocks as well—with the goal of helping you get out of them before you suffer a major loss.
I recently reported on Timminco Ltd., that within weeks, lost 30.5% and Melcor Developments Ltd., that fell 39.6%.
Now I’ve put together a new Special Report, 20 Stocks to Dump Immediately…Before You Get Stuck for Big Losses (a $29.95 value). These are all stocks my ValuVesting System shows will likely collapse in 2008–2009.
Click here to find out how to get your FREE copy when you subscribe to The Successful Investor.
Any questions?
Call Toll-Free: 1-800-579-GAIN (4246)
24 hours a day, 7 days a week
Patrick McKeough—One of Canada’s top safe-money advisors—whose conservative growth portfolio is up
339.3% since 1995. As early as 1980 he was recognized as #1 in the world of published investment advice by the Washington, DC–based Newsletter Publishers Association and he was the first multiyear winner of The Globe and Mail’s Stock Picking Contest. He is editor and publisher of The Successful Investor, Stock Pickers Digest, Wall Street Stock Forecaster and Canadian Wealth Advisor; inventor of the Quick Profit/Value System and the ValuVesting System™; and a best-selling Canadian author who wrote the book on the 1990’s stock market boom, Riding the Bull.
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