New Low-List is for losers (Companies and Investors)

It seems sexy – find a company that no one loves and buy it. Be the first to catch a renewed love affair.

Ya right!

Like winning in Vegas your first time at the black jack tables, the worst thing that can happen to an investor is be rewarded for this type of behavior. It will not work over time.

Lately, investors in GM have been handsomely rewarded for owning the stock. My advice, forget about it. Not for you. Ignore the news stories about the stock.

Bill Cara has a good post on GM that also contains information that can be applied to nearly all broken stocks/companies .