Way-West and North of Jewfish Creek
Friend & Subscriber,
This month I'm going to teach you how to beat
the stock market.
Actually, that's an understatement. With what
I'm going to teach you in this issue, you will be able... if
you so choose... to go out and slaughter
There are a zillion different ways people use
to try and buy and sell stocks at a profit. I want to begin
here by explaining to you two of them that are as opposite as
opposites can be. What I'm talking about is people who invest
for the long term and people who are extremely
short term investors.
Term Investors: These people, in my opinion, have got to
be almost brain dead. Let's say you want to assemble a nice
portfolio of solid, blue chip stocks that... 20 years from
now... you can cash in to pay for your child's college
education. How could you even begin to make an intelligent
selection of companies to invest in?
Do you realize how different the world is now
from what it was 20 years ago? Or 10 years ago? Or 6 months
ago? Or, how much the world has changed just since yesterday?
Ten years ago, the most coveted piece of
office equipment in the world was an IBM Selectric Typewriter.
Nowadays, you couldn't give them away as paperweights.
Speaking of IBM, for years it was thought of
as the bluest of the blue chips. In January of 1987 you could
have bought it for around $87.00 a share. Six and a half years
later, in June of 1993, it was down to under $20.00. That must
have been a gut-wrenching feeling for all those long term,
blue chip only investors, dontcha think?
Today, you can buy IBM for about $104.00 per
share. So, I guess it's a "safe" blue chip again,
right? Heck, IBM's heavy into technology and... since
technology changes so slowly these days... how could it
now drop to $20.00 like it did five years ago... or... even
fall to $43.00 like where it was just 36 months ago? It's a
joke. The stock market is a roller coaster no matter how solid
a company may seem today. Not only that, even if you had
bought IBM five years ago at $20.00 and sold it today for
$100.00, it would still be chump change as far as profits
go... compared to... what I am going to teach you in this
BUT, KNOW THIS: Things are not just
changing fast now, they are changing almost at the speed of
light. Making ANY long term investment in the stock market is
truly a "sucker's play."
Who could have predicted Russia would now be a
capitalist country? Would, 10 years ago, you have ever
believed network television would broadcast a steady barrage of jokes about
the shape of the penis of the President
of the United States of America? Who could've possibly
believed O.J. Simpson would be found "not guilty."
(I still can't wrap my mind around that one!) Who could
have believed a young woman who accompanied me to the Cannes
Film Festival... and stunned... even the "we've seen
everything" Paparazzi... when she walked into the ocean
until her T-shirt was soaked and then took it off with a
flourish, turned around and walked calmly back to the beach...
would now... be married to a stuttering, insecure Episcopalian
priest? Who could
have predicted the company I started with a 1-page letter in
1968 would have been sold last month for 90,000,000 dollars?
Who could have forecast... that... so many people you were certain
were deeply in love five years ago would now be divorced?
How fast did that last "cutting-edge" computer you
purchased remain "cutting edge"? (Truth be told, it
was out-of-date before it was out-of-the-box!) Who would have
guessed... that... whether it was legal or not for the
President of the United States to lie under oath and obstruct
justice... would depend... on how the economy is doing? How
many companies considered "blue chip" now were
virtually non-existent 20 years ago? Ten years ago? Five years
ago? How many companies considered "blue chip" 20
years ago are totally unknown today?
Some people have invested for the long term
and have profited from that endeavor. Perhaps a "buy and
hold" mentality was viable 20 years ago. But now, as they
say, "change is the
only constant." In fact, today it is not just change
that is constant, it is...
Blitzkrieg "Paradigm" Change!
Anyway, if you are a "buy and hold"
"invest for the long term" type of investor, you and
I are definitely NOT on the same page.
Short Term Investors: At the other end of the spectrum are
the "day traders." These guys stay glued to every
tick of the market... and... are often in and out of a stock
or stock option in less than five minutes. The
best-of-the-best is a guy named Martin "Buzzy"
Swartz who is considered Wall Street's champion trader.
There's a book out about him now called PIT
BULL published by Harper Collins Publishers and you can
learn about it by calling 1-800-331-3761. It's locator ID is
ISBN 0-88730-876-7. He's very successful (at investing) and
he's got more mathematical formulas than Einstein. Near the
end of the book he summarizes an average day in his life.
Here's my extremely hyphenated version of his typical
||Alarm goes off. He gets out of bed.
||Showers and shaves. Used to have a little pager that
gave him market quotes 24-hours a day which he would put next
to the mirror so he could watch the prices while he was
shaving. His shrink convinced him this was a bad idea.
||Cleans out his plumbing. His grandfather taught him
nobody is ready to start the day until they have cleaned out
their plumbing twice. "Try taking a crap in an outhouse in the dead of winter and you'll
always appreciate indoor plumbing. I do, twice a day."
(That's a little more than I felt I needed to know. But hey,
it's his book, isn't it?)
||Breakfast. Bowl of Kellogg's Oat Bran, a glass of
Blood's fresh-squeezed orange juice, and two pieces of
Pepperidge Farm whole wheat toast. Says he eats to loosen up,
not to fill up. Reads the "Sports" section of the New York Times while breakfasting.
||At his desk collating all the faxes he's received while
sleeping. Gets 30 page account from Bear Stearns, his clearing
firm, listing the P&L of all his trades from the previous
day. Also, gets sheets from his different commodity brokers.
Makes sure everything is just right so he can begin each new
day with a fresh start.
is when I fly through the Wall Street Journal.
||Cleans out his plumbing again. According to Grampa,
he's now ready to start his day.
||Calls his bond brokers and gets support and resistance
levels for bonds for the day. Does plethora of mathematical
||Trades some bonds because it's a good way to loosen up.
Says most important news on bonds seems to come from
government at 8:30 on Friday mornings. Resents this because if
those announcements were made earlier in the week, he and his
fellow senior citizens would still be semi-fresh. (Maybe it
would help if he would clean out his plumbing a third
time on Friday mornings?)
||Might trade more bonds. Might not. Never trades when
there's this thing the futures exchanges calls a "fast
market" which is signaled by an "F" popping up
on the screen of one of his machines.
||Tons of faxes start to roll in. Matches this info with
opinions he's written the night before and taped to his quote
||Reviews his checklist which is laminated and taped to
the right hand corner of his desk. One item: "Is the MTO (Magic T Oscillator) in positive or negative
||On the phone to the S&P pit. Gets violent if this
sacred time is violated.
||Stock market opens. Trades, keeps track of trades and
looks for patterns. "Pattern
recognition," he says, "is
||Orders a number four to go from Seaside Superette.
Posts charts at his desk while eating his number four.
||More trading, keeping track of trading and looking for
||Hey, now this is interesting! He says, "There's
a fifteen-minute flurry when the stock market's closed, but
the S&Ps are still trading. This is when you can really
get clobbered. The premium level will rise or fall based on
the orders for the close and the psychological setup for the
next day's trading."
||Chills a bit. Works on his P&Ls and goes for a
workout or a run.
||Works on his customized charts of about seventy stocks.
||Collects and reviews data, listens to hot lines, works
on his moving averages, etc.
||Prepares for tomorrow. Ponders strategies, plots
inflection points, tries to spot trends, puts info on
||Lights out. Pillow talk. And I quote:
how'd you do today?"
|| "Okay, but I
should have done better."
|| "All traders
are the same. You want to buy at the low, sell at the high, do
it three times as large, and quit at the top."
Yes indeedy, happily, for him, the fight never
stops. He says markets move around the globe like the sun.
Main ones in the U.S. are open from 9:30 a.m. to 4:00 p.m.,
but there are after-hours markets for bonds, stocks, futures
and more. The S&Ps which are his bread and butter, trade
forever. The S&P pit on the Merc closes at 4:15 p.m., but
then it reopens on a computer system called GLOBEX at 4:45
p.m. (Hey, that 30 minutes of down time might be a great
opportunity to clean out his plumbing for one more time each
day. Imagine how happy that would make his dear, departed
Grandad!) In any case, GLOBEX trades all through the night
until 9:15 the next morning and then the Merc pit opens up at
9:30. That means there are only forty-five minutes a day when
you can't trade the S&P futures. Plus, to help produce
more volume, GLOBEX now opens at 6:30 on Sunday
Hmn? Seems to me this man is missing
something. He makes lots of money but something seems wrong.
I'm trying to focus on it. It's right there at the edge of my
consciousness. If only I could grab hold of it. Oh wait! I've
got it! Here's that teensy little flaw which seems to have
He Doesn't Have A Life!
Should you read his book? Yeah, probably if
you are fanatically interested in the stock market. He's got
some excellent insight and strategies. However, compared to
what I'm about to share with you, it amounts to manufacturing
a watch several times a day just so you'll know what time it
Those are the two extremes: The long-term
investor and the day-traders. Then, there's the vast middle
area of investors who trade a few times a month, based on the
advice of their brokers (none of whom understand the stock
market), advice they get from magazines, newsletters,
newspapers, friends, relatives and so on. Financially
speaking, this is sort of like "dabbling" in brain
surgery as a part-time hobby.
None of these mindsets work for me.
What I want is to invest in only those stocks which
offer me a legitimate chance of going up 50%
or more in one day... and... I want to do it in
such a way that I myself, can legally do something which will make it likely to happen. Do you think it would be difficult to figure out
how to do this?
Actually, it was a piece of cake.
Here's a true story which'll help you
understand the first part of it: My second wife Nancy and I
once spent weeks analyzing all the data for five years' worth
of races at the Ascot Racetrack in Northeastern Ohio. (I think
it's gone now.) We did a "mathematical regression
analysis." In other words, we worked backwards
to find out what factors were most influential in determining
whether a horse was likely to be a winner in any particular
race. Then, we had to determine which factors indicated
whether we should or should not place a bet on any certain
The results were surprising. You know what the
first thing you should handicap is, if you want to make a
living betting on horse races? Aw, you'd never
figure it out for yourself so I'll just go ahead and tell you:
The First Thing You Want
To Handicap Is The "Crowd"
That Attends The Different Racetracks!
What you want is, to place your bets at a
track with the highest percentage of people who are illiterate
about horse racing. How do you find this out? Easy. You just
study the Racing Form and find out which tracks have the lowest
percentage of favorites who win races.
Think about it: If you had to make your living
playing poker, what is the best advantage you could have?
Better cards than the other players? That's impossible. In the
long run, all card players will receive exactly the same
percentage of good hands, bad hands and mediocre hands. No,
you don't necessarily want the best cards. What you really
should want (at least it's what I would want) is all
the other players to be...
The next thing you want to do if you are going
to play the ponies for a living... is... eliminate those
horses almost certain not to win. Here's a major secret
on how to do that: Except in high-stakes races, eliminate all
horses who haven't ran a race in 21-days. Why? Because the
owner isn't running the horse to win. To do so would be
risking injury to the horse. What the owner is really doing is
running the horse to limber him up so the horse will be able
to run full-out in an attempt to win the next race. Then, you factor in the "speed rating" and...
HOLD IT! The purpose of this newsletter is not to teach you
how to win at the races; it's just to illustrate a point.
Namely: By spending weeks (they didn't have electronic
calculators back then) Nancy and I were able to figure out
what really counted
if you wanted to make money at the races... and...
We Never Had A Losing
Day At The Track In Ten Years!
But truly, it's a dreary way to make money. If
you're really playing to win, it's tedious drudgery and takes
all the fun out of it. Nowadays, if I ever do go to the track,
I simply bet on the horse which most resembles my Aunt Silvie.
Don't make any money but at least it's fun.
Anyhow, let's get gazockaling on beating the
stock market. Now, here's the first rule I made for myself:
BUY ONLY STOCKS LISTED ON ONE OF THE THREE MAJOR STOCK
The reason for that rule? Simple: You see, I
realize I'm never going to make any money by buying
stocks. I'm only going to make money when I sell
my stocks. And, when I'm ready to sell, I want to make damn
sure whomever wants to buy can easily find quotes and other
details of the stocks I want to sell. In other words, I have
no interest (at least, currently) in messing around with any
stocks... unless... they are listed in the Wall
Believe it or not, that rule alone eliminates
hundreds of thousands of stocks. Here in America, aside from
the three major exchanges, you can buy OTC (Over-The-Counter)
stocks, "pink sheet" stocks (ask your broker if
you're interested) and stocks from all sorts of other sources.
You can also buy stocks listed on the Toronto Exchange and all
the European and Asian Exchanges.
Let's leave all that up to Buzzy. For the time
being at least, let's you and me keep it simple and easy. That
OK with you?
There are three major stock exchanges here in
the U.S. The best known, of course, is the NYSE or New York
Stock Exchange. There are approximately 3,500 stocks actively
traded on this exchange.
Then, there's the NASDAQ Exchange on which
approximately 5,600 are actively traded.
Finally, there's the AMEX or American Stock
Exchange which has approximately 760 actively traded issues.
In Section C ("Money And Investing")
of the Wall Street
Journal, there is a summary of what the stock market did
on the previous day of trading. It's called "Stock Market
Data Bank." This tells you what happened yesterday on the
Dow Jones Averages, Standard & Poor's Indexes, the Russell
1000, the Russell 2000, the Russell 3000, the Value-Line Index
and something called the Wilshire 5000. It tells what were the
most active issues, how many issues advanced, how many
declined and how many stayed the same. It reveals the
"Volume Percentage Leaders", "Volume Percentage
Losers" and it gives a breakdown of trading in NYSE
stocks on a 1/2-hourly basis from 9:30 a.m. (East Coast Time)
when the market opens until 4:00 p.m. (East Coast Time) when
it closes. This is all valuable info... so...
Let's Ignore It!
However, one part of this "Stock Market
Data Bank" reveals what stocks had the highest percentage
increase in price ("Price Percentage Gainers") and
what stocks had the greatest decrease in price which is
aptly titled "Losers."
All I was interested in when I started my
research was the column which gave out the info on the
"Price Percentage Gainers." Not only that, out of
all the gainers, I was only interested in those stocks which
had gained 50%... or
more... the previous day. I wanted to know what made this
small, elite group of stocks different from all the thousands
of other stocks traded... which did not... make that
kind of spectacular gain.
Here's what my preliminary research seems to
indicate. Of all stocks which gained 50% or more in one day of
Less Than 2%
Were Stocks Listed On
The AMEX Exchange
Guess how I eliminated my first sizable group
of horses? (Oops, I mean stocks.) Simple. I decided to ignore
the AMEX. Mushing on, I discovered...
Only 9% Of The
Top Gainers Came From
I decided to ignore the NYSE also...
because... the plain fact of the matter is...
89% Of All Those
Big Gainers Came From
Now, let's talk about price. Of all stocks
that gained 50% or more in price in one day, NONE of those
stocks were "penny stocks" which had a price of less
than $1.00. And yes, Virginia, there are stocks which sell for
less than one buck on all three exchanges... even the NYSE.
Here's the rest of the breakdown:
Stocks priced at $1.00 to $1.99 represented
9.8% of the big gainers.
Stocks priced at $2.00 to $2.99 represented
9.4% of the big gainers.
Stocks priced from $3.00 to $3.99 made up 3.7%
of the big gainers.
Stocks priced from $4.00 to $4.99 made up 2.1%
of the big gainers.
Stocks priced from $5.00 to $5.99 made up 3.2%
(a little statistical anomaly there) of the big gainers.
All Stocks Priced
$6.00 Or More Represented
Only 4% Of The
So, Buckwheat, here's what I've decided so
far: I'm only going to bet on stocks listed on the NASDAQ
priced from $1.00 to $2.99... because... those stocks
represent 19.2% of all the big gainers... and... these two
selection criteria have enabled me to eliminate having to
examine 98.5% of all stocks listed on all three of the
But, my friend, we ain't done yet. Not by a
long shot. Just because a stock is priced between $1.00 and
$2.99 and listed on the NASDAQ doesn't mean it makes the cut.
Nope, all we've identified here is the "preliminary
pool" of stocks we are even willing to look at. There are
hurdles even these stocks have to overcome before they qualify
as a "pick."
The first of the next hurdles is volume. If a
stock has a very thin daily volume, just the fact you invest
in that stock will make it skyrocket in price.
Conversely, if the daily volume is too
high, way too much of a mountain of money has to be moved to
effectuate a 50% or more jump in price. Don't make the mistake
of thinking all low-priced stocks represent shares of tiny,
small companies. That's not true at all. On Wall Street, a
company's size is determined by its capitalization. If you
take 100% of all of the shares of stock in a given company,
and then multiply the number of those shares by the price of
each of those shares, the number you come up with will be the
"capitalization"... or... the stock market's opinion
of the financial worth of that company. For example: If a
company's shares are currently selling for $2.50 each and, the
company has a total issue of 20,000,000 shares, that company
has a total capitalization of FIFTY MILLION DOLLARS!
Hey, that doesn't sound like such a small
company, does it?
WRONG! At least, according to the stock
market. As far as Wall Street is concerned, a company worth
$50,000,000 or less is..
A "Micro" Cap
Moving up from 50 million to 200 million, we
have a group of companies, each of which is considered...
A "Small" Cap
Ain't that something? A company worth as much
as 200 million
fungolas is still only "small potatoes" as far as
Wall Street is concerned.
Moving right on up the ladder, we have those
companies worth somewhere between 200 million and 1.5 BILLION!
Think that puts it at the top of the pile? Not a chance. If a
company is only worth a measly 1.5 billion
($1,500,000,000.00!) it is still only considered...
A "Mid" Cap
You wanna run with the big dogs? Want to be
considered a serious
company? Well, as long as your company is worth more than 1.5
billion, you are then considered...
A "Large" Cap
Get this: Some of these companies are so damn
big, the daily trading
volume of their shares is 2-1/2 billion
dollars or more!
Also remember: Not all of a company's stock is
available for purchase on the stock market. Let's say a
company is made up of a total of 10,000,000 shares... but...
the people who run the company believe in it very strongly...
and... they want to make sure they maintain control. There
might be only 3,000,000 of those shares available for
"outsiders" to buy from one of the stock exchanges.
Those 3,000,000 shares, by the way, are called "the
float." In other words, "the float" is the
number of shares available for public purchase.
Small companies, of course, have the greatest
potential for share price appreciation. Recently, Pfitzer, a massive
company, made front-page news all over the world because it
has just secured FDA approval to market a potency pill taken
orally just like an aspirin and, in just 30 minutes, it makes
it possible for pathetic guys like me to once again have a
By the way, since I
haven't been able to depend on getting an erection for so many
decades now, you know what I started doing about 10 years ago?
I started carrying a small polaroid camera with me at all
times... and... if I get even a momentary erection, I take an
instant photo of it and write the date on the back of the
photo. That way, just in case it's the last one I ever get,
I'll have a record of it.
Plus, those photos save
me a lot of embarrassment. Let's say I'm on a date (blue moons
are more frequent) and things start getting hot and heavy.
But, my little soldier won't stand up and salute and the woman
I'm with starts to make fun of me and saying cruel things
like, "Hah! You're supposed to be such a stud and you
can't even get it up!"
It used to be dreadfully
embarrassing for me. But, not anymore. Nope, now all I have to
do is whip out my dated polaroid and show it to my date, smile
smugly and say, "Oh yeah? Well, guess what? I used
to be able to get it up and here's PROOF!"
Tell you what guys. That one sure takes the
starch out of those smug, cold-hearted
"only-after-one-thing" mean-spirited floozies! (By
the way, my doctor says there is still hope for me if any of
my readers cared enough about me to send a beautiful, hot,
sexy, caring woman down here to help me with this problem. I
told him it would never happen. I explained all I do is write
newsletters like this one which help my subscribers get rich
and none of them really care about me.)
I'll tell ya, it's a cold world out there.
But anyway, when the news of Viagra (the
potency pill) hit the media, the stock of Pfitzer jumped up
only about 10%. Why? Simply because Pfitzer's stock was
already selling in the $90 to $100 range per share and the
company is so strongly capitalized, even the best of
news can only create a relatively small (by my standards)
increase in the stock price.
But, what if a much smaller company with stock
selling at $2.50 per share had announced it had come up with
Viagra and had obtained FDA approval to market that product?
We can't know precisely but, it's almost certain (assuming
we're talking about a solid little company) the price
of the stock would have skyrocketed from $2.50 to... at least... $7.50, $9.00... $11.00 or even more per share. It's very
simple: It's much easier to double the value of a company
worth a mere $50,000,000 (a "micro" cap) than it is
to double the share price of a company worth
dollars. It's also much, much easier for a $2.50 stock to
double in price than it is for a stock that's already selling
for 90 fungolas or more.
If you are at all active in the stock market,
you are already aware of the success of a small group of stock
market experts (they really are) who have an informative
website and write books on a how a "Motley Fool"
should invest in stocks. I recommend their material since it's
very informative. Here's an eight item checklist they use to
select stocks worthy of further examination:
||Sales of 200 million... or
||Daily dollar volume of trading three million dollars...
||Low share price between $5.00 to $20.00. They maintain
stocks priced at less than $5.00 are "junk." I
||Net profit margin of 10% or more.
||Relative Strength (study Investor's
Business Daily to learn what this means) of 90 or higher.
||Earnings or sales growth must be 25% or greater this
year than it was for the same quarter last year.
||Insider holdings must be at least 15%.
||Cash-flow from operations must be a positive number.
All in all, this is a good checklist. My
criteria are a bit different but, not too much. However,
there's something I consider much more important than
all of this put together. Namely:
I Want The Companies I
Invest In To Be "Newsworthy"!
Remember how I wrote in last month's
newsletter... that... it is not some good or bad development
which makes a stock price go up or down? Remember how I said, "It
is the NEWS of some development, not the development itself,
that affects stock prices?" How I also said, "Therefore,
the way to win when you play the stock market is simply to
know (and act on) the news before anyone else!" I
also said, "I know a way to know the news even before the company CEO knows
it." Remember, how in your mind, you thought ol' Guru
Gary had finally gone all the way around the bend and how you
thought... this ridiculous claim... couldn't possibly be true?
You piss me off. Don't you know who you're
dealing with here? Haven't you yet learned to appreciate the
enormity of my incredible manipulative genius? Good Lord, do I
have to keep reminding you how fantastic I am every single
issue? (You know, last year I was pretty hot shit but I did
have one shortcoming: I was conceited. Now that I've lost
that, I'm perfect!)
Oh shut up, you humorless twit. I've got a very
important point to make and we can't have any clots in your
mind obstacling you from comprehending what I'm about to lay
upon you. I've got a question for you...
What Exactly Is News?
Many people would say it is information about
something which just happened recently. That's partially true.
But, it's incomplete. Did you ever hear the expression, "Gosh,
that's news to me"? Here's a silly (but illuminating)
example: Whenever two people "fall-in-love" it
produces an actual chemical effect that lasts almost precisely
90-days. That's been true for thousands of years. But, did you
know that? If not, then guess what?
That Was News
You know what is so great about many of those
smaller, low-priced publicly-traded companies? Not only does a
low-priced stock have more "growing room," many of
them remain unexamined by the big institutional investors who
are insurance companies, pension funds and mutual funds. They
can't afford to mess with those "little" stocks.
First of all, there are more mutual funds than stocks
(I find that rather amazing) and often, one day's trading in a
given mutual fund is more than ten times the entire value of a
small or micro cap company. Many of those small companies have
spectacular "news" relatively no one knows about.
Like a company called Longport which has a portable skin
scanner a doctor can use to detect skin cancer in seconds...
before it is visible... and without
a biopsy. That technology has been around for a while but,
It's "News" To You,
What is tragic about most of those great
little companies is, they themselves don't know how to get
their great... virtually hidden... and often lifesaving and wonderful... stories
out to the public. Nor can they afford to hire someone like me
(if they could even find anyone) to help them.
So, guess what? Not only do the stocks I
invest in have to get through my stock price, daily volume,
and all the other hurdles...
They Must Also Have
A Terrific And Mostly
Plus, what they are doing must be something
which will dramatically help humanity if they are
successful... because... if they get past all my hurdles...
then... I am going to buy some of their stock... and...
I Am Going
Everybody wins. Me. The company. The
investors. And... humanity.
Remember the ad about the portable water
filter bottle I sent you last month? Well, I had a little fun
at the investor's expense... but... his invention really will
save millions of lives and untold amounts of human misery. It
wasn't him or the invention that was bad. It was the CEO who
is an unscrupulous con man and a career criminal trying to
pass himself off as DuSean Berkich. His real name is Don
Berkich and he is a discredited ex-minister (are all religious
leaders unethical and/or delusional?) and an ex-stock broker
who was thrown out of the profession.
But anyway, that company in many ways is just
what I'm going to specialize in except, from now on, I'm going
to do my level best to make sure the management of the
company is as ethical and "cutting-edge" as the
technology the company has developed.
Do you doubt my ideas are solid? OK, then do
this: Pretend every dental practice in Texas is incorporated
and is a publicly-traded company. But, one of those companies
has hired Sir Gary of Halbert to promote their business for
them. There's an ad enclosed with this newsletter. This ad has
already ran and Dr. Gleghorn has already had to hire another
expert to help him handle all his new business. You read that
ad and then you tell me: If you were going to invest in the
stock of a dental company in Texas... which company... after
you read my ad... would you invest in?
And, you know what? Everything in that ad is
old news to dentists... but... YOU didn't know hardly any of
it, did you?
What an insane concept: Investing in a public
company based on who is going to blow their horn for them
(without the company even knowing) and making sure their
lifesaving candles are no longer hidden under a basket.
Curious about what companies I'm putting my
money into this month? They're all listed on the NASDAQ and
their ticker symbols are... OH WAIT A MINUTE! I forgot: I'm
not going to start sharing this info with my readers until 30
or 60 days from now.
Anyway, why should you care? After all, what
the hell do I know about the stock market?
Gary C. Halbert
is a classic advertising story about a guy who wrote an ad to
sell his farm in Connecticut. After the ad came out and he
read it, he fell in love with his farm all over again and took
it off the market. Same with me. After several very serious
people decided they seriously wanted to buy this newsletter...
on my terms... I
I Just Can't
Bear To Sell It!
However, in about 60-days I am not going to take any
more new subscribers except Lifetime Subscribers who will have
to pay $2,855.00. In the meantime, if you are already a
subscriber (or even an ex-subscriber), you can re-subscribe by
calling my office at(305) 534-7577 and leaving your name, number and giving
us a range of best times to return your call. But you must do
it now. That's the only way I'll let you renew for as
many years as you want for my regular subscription rate of
$195 per year. But, I'm not kidding: Approximately
60-days from now, it's gonna be Lifers only!
sitting across the table from Brian Keith Voyles as I write
this. I don't know how it can be possible. Because back in
1992 his doctors told him he had only one year to live. But,
as I said, in one of my letters back then, "How dare some asshole doctor tell someone something like that?
Only GOD gets to
make those kind of judgment calls."
(Hey, do you know a dentist who needs a
dental ad mentioned in this newsletter is not
available on this website.
Copyright © 2003 Gary C. Halbert. All Rights