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Mailbag Q&A Concerning Leadership
Kenneth J. Gruneisen, Founder and Contributing Writer, www.CANSLIM.net
CANSLIM.net



 
Subscriber Questions:

March 29, 2009 

Subject: Leadership

You keep talking about leadership and how it hasn't been robust....BUT there are still leaders!! Even if it's only 1 or 2 and I am, no...have missed out on them listening to you guys.  TNDM, GMCR, NFLX, SNDA  20% profits in 2 weeks...even if a bear market rally it is(was) still tradable. 

As Jesse Livermore said, take what the market gives you...it's given us 4 decent stocks.  and I missed out.  Please advise, because I am extremely confused and upset I missed this rally.

Thanks,

-John  

 
Ken's Response: 

March 29, 2009  

John, 

Concerning CANSLIM.net's coverage of the stocks you mentioned, I took time to study them each again just for you, and I have the following remarks:
 
SNDA showed up in the screen used for the Mid-day BreakOuts Report 6 different days in March.  Each time we pointed out shortcomings which contributed to the editorial decision by our experts to not highlight it in yellow or continue tracking it more closely on the Featured Stocks page. Incidentally, prior to its March 2009 appearances, SNDA last showed up in several of the October 2007 mid-day reports - when we noted that "This Chinese provider of internet gaming has work to do to recover to its 2004-2005 chart highs in the $45 area."  View its long term (weekly or monthly) graph and you might notice that we haven't "missed" much at all, but it could be one worth keeping an eye on still.  
 
GMCR - had sub par earnings in its annual and quarterly comparisons back in 2005 and 2007 and we noted that in numerous appearances in the mid-day report.  During that period, there is no denying the fact that its share price did enjoy a solid advance. It was highlighted in yellow at the start of 2008 when it matched more favorably with the guidelines, but its choppy action made it impossible to make any headway with our system. Since it was again featured in the January 2009 CANSLIM.net News, every step of its choppy advance has been carefully noted.  Should we make apologies for the fact it hasn't exactly nailed down a convincing buy signal based upon what they teach in the certification on this investment system?
 
NFLX has been carefully noted over 40 times since it was first featured in yellow on 1/29/09.  We have explicitly identified its 2 latest pivot points and described its sub par volume behind its more recent advance to new highs.  Again, we haven't "missed" much at all, but it could be one worth keeping an eye on still.  
 
TNDM - Alas, this is one great example.  Yes, we have one!  On March 12, when CANSLIM.net commentary pointed out that the market's nascent rally actually got "confirmation" with a follow through day, this stock was an isolated example of what we look for - stocks with strong fundamentals and multiple gains backed by above average volume. Carefully worded notes were published 25 times over March's 20 trading sessions thus far since it was featured in yellow on March 2nd, and if there is something you believe we should have made more clear, I am receptive to your input. 
 
Talk to your portfolio manager if you have a problem. I am not sure he can necessarily help everyone who is "extremely confused and upset" these days, but whoever it is, they deserve to know you are upset.  Hopefully they might be able to help you manage your expectations and reach your goals. Good luck!
 
CANSLIM.net is not an investment advisory firm!  The reports and notes tell the ongoing history in explicit detail.  We do not make this stuff up!   Hearing anyone complain about "missing out" in the way you described is not as bad as hearing my neighbor complain about guys like me "talking him out of buying Citigroup" while bouncing from $1 to $3.  If you are going to make exceptions from the strict rules (that have served us SO well...) then that is your choice, just as you can choose to go to the casino and bet on red or black. There may even be a long list of stocks that have, during this latest confirmed rally, substantially outperformed the issues appearing on the Featured Stocks list and the Leaders List at CANSLIM.net. No apologies.  It is what it is.  I understand that this is nothing against us or the system.

Best regards,

Kenneth J. Gruneisen
Founder & Contributing Writer for CANSLIM.net StockNews
www.canslim.net

PS. Where is Jesse Livermore now?

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.

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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.

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