Joel Litman iceberg stocksHi everyone! JL sent a report about iceberg stocks, he calls them “stocks using a hack”. Basically means that these stocks as we know them have more income from other business than what the main stock itself.
Well he has 3 of these on his radar, anyone knows them.
He gave CVS for free!
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JL seems to be a busy man! I just watched a video posted by him that extols the virtues of BioSyn stocks, claiming they’re the next wave after the digital revolution. He gives Illumina stock [ILMN] as his #1 buy in up to $510, now trading at $304. Mentions a couple others in his “special reports”. Anyone else come across this video? What do you think? Is it good for the long term (>10 years) investment? I see BioSyn hasn’t been talked about much here for nearly a decade. Has it finally arrived?
Thanks Craig, I was 20 minutes into the video till I decided to search in Gumshoe. I do hold a small position in ILMN and DNA.