Individual Investing Methods

Everybody has their own method of investing. What we have just shown you is one of the ways that we are currently investing. With blood in the streets investing, you cannot simply pick up a stock just because it is near its low. There must be other reasons for buying the stock. That is where our stock screener and other identifying factors come in. at times good stocks fall in spite of strong fundamentals. If you can identify such stocks, you can purchase them at a considerable discount.

A great website for blood in the street investing is www.stockdoconline.com. This website frequently features blood in the street picks using the same methods that we have depicted in this article.

One of our favorite “blood in the streets” memories comes from Waste Management Inc. (NYSE: WMI). Back in 1999, WMI was going through some difficulties and the stock was tanking hard. From a high of near $60, WMI sunk to lows approaching $12. We actually found this stock by reading an article that mentioned WMI as a blood in the street type of stock. A little while after reading the article I was driving my car and I just happened to be sitting at a traffic light behind a WMI garbage truck. I recall thinking, "That truck belongs to the company I just read about." I followed the truck for a while and watched it empty a dumpster in the parking lot of a local convenience store. Previous to reading that article, I never gave trash that much thought and I certainly had never heard of WMI. As I continued to drive my car that day, I took note of as many dumpsters as I could. To my amazement, WMI dumpsters were everywhere. They were downright everywhere! I never realized that one single company had such a monopoly-like throttlehold on the local waste market. Fundamentally, WMI was a strong company and it was not going to disappear. Within two years of its blood in the streets low point in the year 2000, WMI recovered nicely to yield potential gains approaching 125%. This is not bad for an NYSE stock!