The Inspector Stock 2007 Re-cap - Happy New Year!

2007 - The year of the sub-prime credit crunch, sky-rocketing OIL and the soaring Canadian dollar. Tough times for some. Not for the Inspector.

Had you bought every single stock mentioned in the Inspector's blog in equal amounts, at the time of posting, you would be up more than 19% today. Since inception in late June 2007, all the stocks profiled until the last day of 2007, have collectively increased in value approximately 19%. This includes a stock that was not recommended at the time of writing (Cameco CCO) and which negatively impacts the over-all result. This was left in so that even the most pessimistic analysis of the picks will hold up under extreme scrutiny. The results are the proof. Do not trust the Inspector: Trust the facts. Also not included in percentage are distributions payed-out by the various income trusts mentioned or divid-ends, which also negatively impacts the over-all result. In short, it was a decent year for the stocks mentioned.

Best performings stocks picked by yours truly: Hemisphere GPS Inc HEM; RIM; Potash; AG Growth Income fund and Google. Several nice conservative gainers in the mix: CML Health Care, Molson Coors, Tata Motors, Bunge. The biggest dog by far was KRY and should be sold - Chavez is a commie bastard. Canadian Tire is now also a sell. Several of the picks made in 2007 are down, but are still "buys" or, in the case of Cameco, is just now rated a "buy" by the your humble narrator: BCE, Boralex, GE, CCO, Petro Canada, Thomson, Royal Bank, Anatolia.

Below is the complete list (EDIT: REFORMATTED)

Feel the Effects of the 52 Week High - POT

As recently as October 29th, I have been recommending Potash. Well, today the stock hit its 52 week-high and well, its quite a buzz. The high was caused by speculation of a takeover. Well, I never buy on speculation, but I sure as hell sell when I can lock in some bubble profit - I sold a good portion of my holdings today at 136 and change.

According to BMO analyst Mark Steele, "a recent 'abnormal' move in the company's credit default swap spread (which reflects the perceived risk of owning a company's debt), may mean that the world's biggest maker of fertilizer will be taken over or is in negotiations to merge with another company." To me this is a win/win situation. Sell part of your position and lock in profit. Now, if the supposed take-over actually happens, the rest of your shares will accumulate more profit. If the crystal ball is wrong, and the take-over does not go through, eventually the price will drop down to an attractive price, and you can re-buy.

In these dark days of credit crunch panic, its nice to get a little early Christmas present. Thanks Santa.

I am still long on fertilizer and agriculture in general. Stay tuned!

DISCLOSURE: I own shares of Potash Corporation of Saskatchewan Inc. Always do your own research before buying a stock or any other investment. Most important, read my blog!

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