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In 70 out of
70 cases, a 100% success rate,
the ten CDx3 Selection Criteria
from chapter 7 of Preferred
Stock Investing filtered out
the preferred stocks from the
companies that would be claimed
by the Global Credit Crisis and
let pass those that would be
saved.
Eight
publicly traded Big Banks
declared bankruptcy since June
2007. At the time of their
bankruptcy, these eight banks
had a total of 57 preferred
stocks trading.
Of these
57 preferred stock issues, the
ten preferred stock selection
criteria from chapter 7 of
Preferred Stock Investing
(the "CDx3 Selection Criteria")
filtered out all 57 of them.
Those following the preferred
stock investing method described
throughout Preferred Stock
Investing knew to avoid
these 57 preferred stocks to
begin with (the CDx3 Selection
Criteria were originally
published in October 2006).
Four
additional Big Banks were facing
bankruptcy but were acquired
instead (National City,
Countrywide, Merrill Lynch and
Wachovia). Investors holding the
thirteen preferred stocks issued
by these four banks were saved
by the ten CDx3 Selection
Criteria.
Not one
dividend was missed or even
delayed. And the ten CDx3
Selection Criteria identified
these very thirteen preferred
stocks; right on the money,
every time.
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