Financial News

I Sold for a 4X Return (Coulda Been 4,000%)

I sold this stock for a 4X return. It was a big gaffe. Fortunately, my amends—a renewed recommendation—helped careful contrarian readers to 22% profits in just over three weeks! We’ll talk about their haul in a moment. First, let me come clean with my hiccup. Twenty years ago, when I was young, naïve, and relatively broke, I piled my life savings into Dick’s Sporting Goods (DKS) . My massive $500 stake netted me about 25 shares. DKS had recently gone public. I was completely “dialed in” to the offering, having spent much of my youth combing the aisles of the nearby Dick’s Amherst, NY retail location.… Read more
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