New York, NY (PRWEB) July 6, 2009
PAA Research LLC, a newly launched, entirely web-based investment research firm completed its first quarter of operations with strong results. Overall, the company's long investment recommendations returned 25% on average and exceeded the return of the S&P 500 by 22%. The company introduced its first investment recommendation in the second week of April. In the past 10 weeks, the company has introduced a total of 11 investment recommendations, which have returned 9% on average and outperformed the S&P 500 by approximately 6%. All of the company's research can be found at http://www.pleaseactaccordingly.com.
"We are pleased to have completed our first quarter of operation. The returns of our initial investment recommendations prove out the efficacy of our rigorous approach to investing. Our goal at PAA Research is to generate a competitive edge in our investment process through comprehensive fundamental analysis and primary research. It is our goal to introduce one new investment idea a week, while continuing to pursue and follow those ideas that have already been introduced," said Bradley Safalow, Founder and CEO of PAA Research LLC.
PAA Research measures the performance of each of its investment ideas from the initial date it was recommended on an absolute basis and relative to the S&P 500. The company then tallies the return of each of its investment ideas and calculates an average return. The company is a strong advocate of the concept that no one retires on relative performance and as a result places a strong emphasis on absolute returns. To better measure the rate at which absolute returns are generated, the company also calculates the "PAA Research Batting Average" for its investment ideas. The PAA Research Batting Average is simply calculated by dividing the number of investment recommendations that generated positive returns by the total number of recommendations. Performance is updated weekly on the company's website at the following address: http://www.pleaseactaccordingly.com/how-are-we-doing/
"PAA Research is focused on providing full performance transparency to its subscribers. Overall our batting average during the quarter was .555, a solid start. Our top performing long recommendation during the quarter was THQ, Inc. which returned 81% since the date the idea was first introduced. Our top performing short recommendation during the quarter was Briggs and Stratton, which returned 13.6% in a period of 3-days," added Mr. Safalow.
The company plans to introduce new features in the coming weeks and months, including the PAA Research Portfolio, webinars, and additional subscriber benefits. Interested parties can find more information at: http://www.pleaseactaccordingly.com
About PAA Research LLC
Founded in April 2009 by a Wall Street veteran of both the buy and sell-side, PAA Research is a leading web-based investment research firm. The company publishes all of its research on its website: http://www.pleaseactaccordingly.com. The company is focused on generating compelling investment ideas, primarily in equities. PAA Research generates a competitive investment edge through comprehensive fundamental analysis and extensive primary research. The company's goal is to introduce one new investment idea a week while continuing to pursue and follow those ideas that have already been introduced.
Enders Groff, director of public relations
PAA Research LLC
The materials in this press release are not an offer to sell or a solicitation of an offer to buy any security, nor shall any security be offered or sold to any person, in any jurisdiction in which such offer would be unlawful under the securities laws of such jurisdiction. The information contained in this press release is for discussion purposes only. It does not constitute individually tailored investment advice and is not intended as a recommendation or an offer or solicitation for the purchase or sale of any security or financial product referenced herein.
The information is being provided on the condition that it will not form the primary basis for any investment decision and that investors independently perform their own due diligence and decide whether to seek the assistance of a professional financial advisor. Please note that the securities mentioned herein may not be suitable for all investors.
The principals of PAA Research may have long and/or short positions in the securities discussed herein. PAA Research will not report when a position is initiated or covered. Positions can change at any time without notice. You should seek the advice of a security professional or registered investment advisor regarding your investment transactions.
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