The rollercoaster ride the market has given us lately also provides new investors a chance to get in on some of our recommendations around the buy prices we originally set
Boca Raton, FL (PRWEB) December 17, 2007
Superstock Investor (http://www.superstockinvestor.com) in its annual portfolio review has axed more than half of the current portfolio, reducing its tracking portfolio from 17 stocks to just seven, including: Burlington Northern Santa Fe (NYSE: BNI), Enerplus Resources Fund (NYSE: ERF), McAfee (NYSE: MFE), Myriad Genetics (Nasdaq: MYGN), Pengrowth Energy Trust (NYSE: PGH), Penn West Energy Trust (NYSE: PWE) and Wyeth (NYSE: WYE).
"As the year winds down and people take stock (no pun intended) of what they've accomplished, part of the process should be shifting and rebalancing the financial positions they hold; we here at Superstock Investor are no different. Each stock in our portfolio regularly goes through a very stringent analysis and this is a very exciting time of year to rebalance," said James DiGeorgia, executive editor and publisher of Superstock Investor.
"The rollercoaster ride the market has given us lately also provides new investors a chance to get in on some of our recommendations around the buy prices we originally set," DiGeorgia continued. "We believe that PenGrowth (PGH), PennWest (PWE), and Enerplus Resources Fund (ERF) are still very attractively priced. Additionally, we would recommend any of the other remaining positions in our tracking portfolio should they dip to the original buy price."
Superstock Investor's goal is to provide subscribers a steady stream of original stock ideas with an emphasis on takeover candidates. These are companies that Superstock Investor has identified as potential takeover targets, or special situations with some catalyst promising to send their shares soaring.
Positions that were closed out of the Superstock Investor portfolio include: Aspect Medical Systems (Nasdaq: ASPM), Bradley Pharmaceuticals (NYSE: BDY), Liz Claiborne (NYSE: LIZ), Protection One (Nasdaq: PONE), and PrimeWest Energy Trust (NYSE: PWI).
"Some of those positions did very well for us. PrimeWest tallied a 40% gain in just eight months. But when a position no longer holds the promise we think it initially does, we let our subscribers know to take their profits now. We use our annual review issue to reexamine the underlying fundamentals of each recommendation we've made," DiGeorgia concluded.
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