From Chris Mayer, Editor, Bonner & Partners:
Just days before it blew up, I sent a warning about this stock…
In the past five years, it soared 473%. Over the past decade, it was up nearly 900%. Some of the top investors in the world owned millions of shares.
But there’s a special set of criteria a stock must meet before I recommend it to Bill or my readers. It’s the test I’ve used to find dozens of winners over the years. And to spot catastrophes like the one that unfolded last month…
On March 11, a colleague asked me for a list of stocks to avoid for a special report we’re working on. These stocks didn’t pass the “public disclosures” part of my test – meaning I have to understand what the company does or how it makes money, based on its financial statements. One of these stocks was…