BEFORE WE GET TO THE LIST, HERE’S AN IMPORTANT LESSON:
As you saw yesterday, the single best performing stock of 2009 was penny stock listed on a much despised exchange (Pink Sheets)…Briefing.com has already ignored it in their flawed list and I’m sure other financial media outlets will too…which brings up a great point: the worst companies can often become the best performing stocks…it’s racist, no different than white people discriminating against black people, to hate a stock based on the exchange on which its traded and its fundamentals.
The financial media looooves ripping on penny stocks, but most people don’t know that “real” websites like Motley Fool and StreetInsider.com get paid big bucks for their customers’ emails by stock promoters. It’s unethical, it’s disgusting and these media outlets will never tell you about it because it would hurt their business. So to protect the pathetic business of these companies, millions of individual investors are taught that penny stocks are risky and dangerous (they’re not if you have good information) and that it’s best to stick to large stocks.
Did you know that one of the Motley Fool contributors loved my book An American Hedge Fund, wrote a solid review and then Motley Fool refused to publish it because it cut through the BS in penny stocks and….gasp….made penny stocks into likeable, tradeable investments…these same hypocrites (who just raised $25 million) have an SEO keyword spam article nearly every single day called “The Next Million Dollar Penny Stock” as I wrote about luring people into thinking it’s possible to pick big winners (the odds suck and Motley Fool knows this so they create an illusion to keep people misinformed to protect their business model!)
OK, rant aside, maybe one day, with enough retweets, I won’t be the only one fighting this battle (and yes, I know I need the corruption to create great trading setups, but it still pisses me off that so many people who haven’t seen my DVDs will get suckered by these “reputable” media outlets…I spit on these greedy bastards and so should you:
Top performing stocks of 2009 (I’ve deleted warrants to focus on actual companies and there may be more Pink Sheets and OTCBB-listed stock but I don’t have the research staff of Briefing.com…mainly because TIMalerts doesn’t cost nearly as much):
1. Vermillion Inc. (VRMLQ) +10,166% (TIMalert subscribers and I bought multiple times during the runup)
2. Diedrich Coffee Inc. (DDRX) +9,586% (see my initial post and buy in the $4 range before it surged to $35+!!! And my nailing of Seeking Alpha for their disastrous article to short the stock in the mid-$20s)
3. Orient Paper Inc. (ONP) +4,271%
4. Select Comfort Corporation (SCSS) +2,472% (I didn’t trade the stock, but they do manufacture my bed!)
5. Dollar Thrifty Auto (DTG) +2,298%
Worst performing stocks of 2009 (I’ve weeded out the ETF mutants and this would all be failed and bankrupt pump & dumps if they counted Pink Sheets and OTCBBs):
1. Republic Bancorp First Inc. (FRBK) -95%
2. Frontier Financial Corporation (FTBK) -92%
3. NCI Building Systems Inc. (NCS) -89%
4. Central Pacific Financial Corp. (CPF) -87%
5. Midwest Banc Holdings, Inc. (MBHIP) -82%
Posted in Evolution, Fess Up Time, Financial Media Circus, Rants, Yearly Review