dragonLZ (99.34)

Varchild is THE Man...

November 18, 2010 – Comments (0) | RELATED TICKERS: CVGI , FOE , CNO

No, not because of his $1,000 pledge to Sarah Palin, but because of the call he made back in August of 2009.

When I asked on 8/4/09 if people thought my real-life holdings (CNO, FIG, FOE, CVGI) will have a huge pop on August 5, 2009, the day they were reporting earnings, here is what Varchild said:

Why in the world would you really care much about the earnings release tomorrow?  A lot of these stocks look like tremendous growth stories over the next 5-10 years.

FOE in particular has recently been upgraded on their outlook from Mid-May of this year. 

CNO is an insurance company and that sector is seeing a bull-run shaping up chart wise to look exactly like the S&P 500.

I think you have an excellent set of stocks that I'd recommend holding for more than just tomorrow's "POP."

So, here are the returns for those 4 stocks since Varchild's Aug. 2009 call:

CVGI +312%

FOE +143%

CNO +58%

FIG +15%

Well, I don't know about you, but 127% return on a 4-stock portfolio in a little over 15 months is a pretty good return if you ask me. I actually think Varchild is a new hero of mine.

And even though Varchild and I don't have the same taste when it comes to politics, I think, just out of respect for Varchild and his call, I'm going to give my vote to Bristol Palin in the Dancing With The Stars finale... :)

Good Luck Everybody (especially Varchild)!