investment-picks.com Newsletter March 9, 2002
The Investor's Friend:
I recently registered the name investorsfriend.com because that is how I
think of my Site. I will be resolute in giving you honest information designed
to help you. Sure, I'll try to make some money but only in selling valuable
research, not flogging junk or hype and not ever by trying to pump up a stock so
that I can sell my shares, a practice I consider to be beneath contempt. It's
interesting that the name investorsfriend.com was still available. Perhaps it is
because few other investment related services think of themselves as being
friends to investors.
I am entertaining the idea of paying on a piece work basis, a part-time
helper to do some of the preliminary data entry and analysis which I would then
complete in order to get more companies covered. There might not be a lot of
money involved but this will be an exceptional opportunity to learn the skills
of fundamental stock analysis.
Initially I would require the applicant to complete at least two reports free
of charge with multiple iterations until we get it right. The applicant must
also be willing to study the articles on my Site and to purchase and study
intensively certain important investment books . I would supply a template and
detailed step by step instructions. The helper would have to be willing to work
strictly to my methods. The helper would work from their own house and computer.
Requirements include a strong familiarity with balance sheets and income
statements. Business experience involving profit and loss responsibility is a
strong asset. Formal degrees and designations are an asset but not a strict
requirement. I intend to teach the applicant exactly how to analyze a business.
Interested persons should email me and I will then send back a detailed
I am always interested in your feedback about the Site, What features would
you like to see? I can't accommodate all requests due to time constraints but
nevertheless knowing what you want will help me as the Site evolves.
I recently received (from a friend) a harmless and interesting but "chain"
type email. The email had a link to a Web Site and the counter indicated that it
achieved 38,000 hits in about 7 days. That is impressive! I'd like to send my
members a brief email that contains a link to my site and a few words
recommending the Site. I will ask you to forward it on to a few people on your
distribution list (if you have such) and also ask them to pass it along. I
propose to send my request to you shortly. There is of course no obligation, but
I assuming that most of would agree that my Site is a useful resource and would
not mind helping out. If you have a strenuous objection to even receiving such
an email (which you are free to delete), let me know.
President Bush recently said that insiders should report their trades within
two days. I'm glad he agrees with my similar suggestion in my article
http://www.investment-picks.com/Insidertrading.htm from last year. Here is
what I said last May:
In addition the Ontario
Securities Commission should require much faster reporting of insider trading.
Ideally, companies would be required to report planned insider trades, at least
one day prior to the trade. At a minimum, reports of insider trading should be
filed within 3 days of each trade.
President Bush rocks!
Smart Growth strategies Versus Stupid Growth Strategies:
Most commentators and company managements seem to believe that investors
should fall all over themselves to pay exorbitant prices for any promise of
growth. Here are my thoughts on Smart growth strategies (Loblaw and CIBC) versus
Stupid Growth Strategies (Nortel and arguably Telus) . See
How to Pick Winning Stocks For Beginners:
This is a new article that explains the basics of how to pick stocks based on
Under the Articles section of the Site you will
also find more advanced techniques and a wealth of other information related to
understanding the markets.
Canadian Medical Laboratories (Strong Buy)
and Precision Drilling (Weak Buy) were both
updated since my last newsletter. More updates are coming...
This newsletter is kept brief and usually only sent once
each two weeks. I hope that you will all stay on the mailing list of this site.
However, you can unsubscribe by simply replying with the word "unsubscribe". I
would appreciate knowing the reason.
Regards, The Investor's Friend...
Shawn Allen, editor investment-picks.com