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Cam Hui » Comments » PEI

  • April Phoenix Stock Update [View article]
    Glen

    This is a "fallen angels" strategy that does not bear any resemblance to the ones you mentioned. We are deliberately looking for stocks on the verge of going bankrupt, but rebound from the near-dead as the economic outlook revives. That's why I call it a Phoenix - stocks that rise from the ashes.

    Such an approach requires a high degree of risk control, otherwise returns could be close to -100%!

    Cam
    Apr 07 12:33 pm |Rating: 0 0 |Link to Comment
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