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Todd and I working on finalizing this quarter’s Wish List Report, and if recent selling pressures in the marketplace are any indication we should not have a problem making a new addition(s). Quite frankly, the markets have started daring value investors to start buying in recent sessions, and the investor with cash may have little choice but to answer the call. Case in point, yesterday TC Pipelines units lost 6.8%, Schweitzer-Mauduit shares fell by 7.09%, and Potash Corp. of Saskatchewan dumped by 26.9%. This last company, POT, aptly demonstrates the spreading carnage of the current bear market in that cyclical and commodity orientated companies are now starting to be pounded. And while POT is not high on our potential buy list at the moment, it nonetheless represents a pitch that may be worth swinging on at some point in the near future.
In short, we may be making an addition to the Wish List this morning and/or early next week. If you did not receive email notification of today’s note and would like to receive Wish List updates in the future please let us know. Also, if you would like to share any of your individual company ideas with other members in this quarters report please do not hesitate to drop us a line. One of the most important assets during any bear market is the ability to gear your research efforts into companies that warrant serious investigation. It is difficult to swing if you are looking for the wrong pitch...
members@fallstreet.com
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