Avoid actually taking stock advice from this crowd, this is a one trick pony, too many canned food and ammo types. I speak from experience, back when the Dow hit the 6000 range I proposed a similar thread and listed six specific stocks that I was contemplating. The advice was very negative and like an idiot I chose to follow it. I could have make 10x my money within a year, and not quite doubled it in gold, which is all anyone talked about. Be rational, piggington was on the cutting edge 5 years ago with regards to the real estate bubble, but it’s never been a stock picker.
One example was when Ford hit $1 and gold was about $1,000 almost every poster said gold was the smart play and ford was a reckless play (I listened, shame on me). Today, in this mess, ford is over $10, hasn’t gone below $9 all year, and it’s high was almost $19. To give you some perspective, gold would have had to peak and $19,000 to beat it and would need to be at $10,000 today to come close.
