CANSLIM.net Help Lines
954-785-1121 OR 1-888-CAN-SLIM

 


>>> UPGRADE YOUR MEMBERSHIP NOW AND GET IT ALL - CLICK HERE
INM Jan '06 - Force Feed Your Winners, Don't Cut Them Short
Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net
CANSLIM.net


I hear stories involving “could have” or “should have” scenarios fairly often.   Usually, I respond sarcastically with, “Yeah, and I could have bought last weeks winning lotto ticket too, but I didn’t.”  That is because a lot of these “what if” type scenarios I hear about are rather far fetched.  Once in a while, however, I get to be really close to an amazing situation where I get really fixated on what could have been.  This article is about one of those personal stories that I simply must share.  Even though the missed opportunity makes me feel disgusted, I can also take away some positive inspiration from it, and I hope you can too.  It should serve as an encouragement to all of us that we have the chance to really hit it big with CAN SLIM(TM) stocks if we play them right.   

 

The exciting thing about the CAN SLIM(TM) investing approach is that it can lead to lifestyle changing profits.  While in the process of pinpointing great CAN SLIM(TM) stocks and writing about them at CANSLIM.net over the past 9 years or so, I have seen many big winners.  Now, it is one thing to say we could have bought Google (GOOG) and quadrupled our money, but we never bought it.  It is another thing to have bought it and made a small profit, but walked away before giving it the chance to produce the great gains that it ultimately generated.  Personally, I shunned Google because it had far more shares outstanding than the typical big winner identified in “How to Make Money in Stocks”. 

 

Over the years I have identified hundreds of ideal buy candidates based on CANSLIM(TM).  Of them all, the biggest winner I have seen was Hansen Natural Corp. (HANS) which rose 19-fold from when it was first featured in the February ’04 issue of CANSLIM.net News.  Don’t get me wrong.  I made money, and several of my clients also made money on this great selection.  However, today I am kicking myself for having not made more people more money with this great winner.

 

Here is where the story hits really close to home.  At my suggestion, my dad bought 3,900 shares of HANS in his IRA account in February ’04 and within a month the stock had produced such impressive gains that, as he often does, he insisted on nailing down the quick profits.  At the time he sold, the total proceeds of his sale were $43,688 and he had realized an approximately $7,000 gain. Not bad for a month!

 

Now we are one year and a half later in time.  Dad’s IRA did pretty well in ’05, and he isn’t sulking over what could have been. However, I couldn’t help but take a look back at the “could have” scenario, and I figured out what the shares he once held would be worth now.  If he still held them, as of last week his shares of HANS would have been worth a stunning $636,870. 

 

Looking back, it is easy to see what we should have done with HANS. It wasn’t necessarily a wrong move to sell it when my dad sold it either, but the mistake was not being willing to buy it back again later when it produced multiple buy signals all over again.  Having gone through the CANSLIM Certification, I recognize that this stock was exactly the kind of winner that should have been continually accumulated over time.  In the certification course they say you should “force feed your winners”.  Had we played it right, many of us could have made more than a million dollars in profits from just this one great candidate.

 

The challenge is upon us all to find the next big winner and make the most of it!  I look forward to the year ahead, and I will be doing all that I can to help clients maximize the gains whenever we are fortunate enough to latch onto the next strong performer.

About Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net :
Kenneth J. Gruneisen has successfully completed the CAN SLIM® Certification Program.  Mr. Gruneisen became a Registered Representative in 1987 and his career includes experience offering personalized assistance to investors with more than a decade of experience as a Registered Principal managing a branch office.

The recommendations made by CAN SLIM® certified individuals are their own and may not be attributed to the CAN SLIM® Certification Program, William O'Neil & Co., Investor's Business Daily or their affiliates. The CAN SLIM® Certification indicates only that the individual has successfully completed the CAN SLIM® Certification Program. CAN SLIM®, William O'Neil & Co., Investor's Business Daily and any of their affiliates are in no way responsible for any loss or damage caused as a result of the services provided by these individuals.


Comments contained in the body of this report are technical opinions only and are not necessarily those of Gruneisen Growth Corp. The material herein has been obtained from sources believed to be reliable and accurate, however, its accuracy and completeness cannot be guaranteed. Our firm, employees, and customers may effect transactions, including transactions contrary to any recommendation herein, or have positions in the securities mentioned herein or options with respect thereto. Any recommendation contained in this report may not be suitable for all investors and it is not to be deemed an offer or solicitation on our part with respect to the purchase or sale of any securities.

Related Content :

The recommendations made by CAN SLIM® Certified individuals are their own and may not be attributed to the CAN SLIM® Certification Program, William O'Neil + Co., Investor's Business Daily or their affiliates. The CAN SLIM® Certification indicates only that the individual has successfully completed the CAN SLIM® Certification Program. CAN SLIM®, William O'Neil + Co., Investor's Business Daily and any of their affiliates are in no way responsible for any loss or damage caused as a result of the services provided by these individuals.

Copyright © 1996-2014 Gruneisen Growth Corp. d/b/a www.canslim.net  All rights reserved. Protected by the copyright laws of the United States and Canada and by international treaties.  The names "CANSLIM" and "CAN SLIM®" are service marks and trade names of Investor's Business Daily, Inc., a California corporation, and are used by Gruneisen Growth Corp., a Florida corporation, under license. GGC is solely responsible for the operation of and opinions expressed in this Website. Daily Graphs® and Daily Graphs Online® are registered trademarks of William O'Neil + Co. Incorporated and are used with permission.

Privacy Policy | Terms of Use | Contact Us