Eric,

Who is MA Delaney.



Quote Originally Posted by ericoleman View Post
Thanks Mike.

I am not too sure how CANSLIM handles stocks like AKS. I went back to their October 2003 earnings release when they reported a loss of $2.56/share and the stock was trading around $2 a share. They returned to profitability the following April after numerous price increases. Between April 2004 and February 2005 the stock went from about 5 to 18 before a serious correction that retraced all the gains. Everyone knows AKS was a serious leader after that correction, finally topping out at $73 in 2008.

It really seems like some of the cyclical stocks are best bought early in their earnings improvement, or even when things are still somewhat bleak. When you described the story of the portfolio manager that went deep into housing in 2011/12, I thought that seemed more like deep value investing. Or possibly just a big bet on sector rotation. It really intrigued me.

Thanks again, Eric.