Comments on: Navellier’s Presidential Winner?

By: bill

bill — Sat, 18 Oct 2008 21:28:33 +0000

Following Navellier’s advise of Buy-Buy-Buy since early in the Spring (when I subscribed to Blue Chip Growth), and his advise to hold on as the market went down thousands of points, has now cost me over 50% of myportfolio worth–this, on his theory that good earnings, plus the fact we are in an election year would send his stock picks to a screaming high. In his weekly letters, and on his site, he still toots his horn about past glories. The man is NO stock market guru, if he had any real smarts he would have had his investors out of the market and into cash long before the crash.

By: Clint

Clint — Mon, 13 Oct 2008 19:02:32 +0000

I started my trial period with Navellier back in March. I could not believe that he kept saying “Buy, buy, buy” with all the negative signals. So instead of buying and being fully invested, I set up a fake portfolio of what I might have bought per his recommendations. As of Friday, I was down 40%. I must admit I did purchase a few of the suggestions and they are down as badly. While you can’t blame Mechel on him (Putin had a big hand in that debacle), the constant pushing into a market that is heading downward is irresponsible. His system may work in a normally functioning market, but cash was king during the summer and early fall. Hard to tell if today is a permanent change to that or a burp.

By: susie

susie — Mon, 13 Oct 2008 16:12:39 +0000

I subscribed to l. Navellier’s letter and bought mos which tanked 40% the next day. He needs to be exterminated. His picks are not good.

By: sox

sox — Mon, 13 Oct 2008 05:24:06 +0000

Sam
Most stock services are long only propositions. We are in a DOWN market. All these services lose subscribers because they follow their buy buy buy mentality when the market is going down the tubes.
We might get a rally here, it might last a few weeks and then will go down again. His system is good as far as grading stocks in a bull market. Just wait 6-12 months or until we get another bull market.

By: Sam

Sam — Sun, 12 Oct 2008 12:59:32 +0000

Interesting, Diane. I subscribed to Blue Chip 2 months ago after following the Portfolio Grader and his general Newsletter for a while. I understand the need to pump in the flash alerts to get more subscribers but would had to think Portfolio Grader is rigged to feed the subsciber pipeline also. I’ve bought As that have gone to Cs in the period of 4 months, but have chalked all that up to the general mess we’re in now.
Can anyone offer any pros/cons on the Navallier System? I basically like the format and would like to follow it…..if it works as well as anything else out there.