The May 14th briefing has been posted to the newsletter portion of the website. To access the newsletter, simply click on the "Subscribe Now" tab, establish a username and password, and you'll have full access to the Dynamic Growth newsletter and portfolio. This free trial is scheduled to end on June 1, 2007, but may be extended until July or August. Stay tuned.
Here are some comments I made in this weeks newsletter briefing;
Last week, I received the annual report from Weatherford International (WFT). Weatherford is a fairly large oil driller. As I was thumbing through all of the things that most people don’t read, I found some items that jumped off the page at me.
1) The Chairman of the Board for the company is no other than Nicholas Brady, former Treasury Secretary under George H.W. Bush. Brady was educated at Yale and was a fraternity brother of President Bush at the Yale secret society, Skull & Bones.
Brady is also the Chairman of his own private equity firm, Darby Investments. Isn't there a conflict of interest here?
The second thing I want you to see is the insider buying of Conoco-Phillips (COP) stock by Senator Tom Harkin’s (D-Iowa) wife Ruth.
On Friday, I noticed where former Federal Reserve Governor. Lyle Gramley bought 3800 shares of ***************** at $32.38.
It’s becoming clear that ****** REIT’s are exhibiting better performance than ******* REIT’s.
Wal-Mart announced it’s worst monthly same store sales decline in 28 years, and several retailers announced slowing sales as well.
