Check Us Out in Consumers Digest
In the June 2009 issue of Consumers Digest, I weigh in on how store closings can be profitable (or not) for your portfolio. You can pick up this issue on newsstands right now. Here’s an excerpt:
With many retailers going out of business, it would seem that investing in store liquidators would be a smart move. But no, says Jonas Elmerraji, editor of the Rhino Stock Report. ‘The liquidation market is a small space with a relatively small number of key players that are, for the most part, set up as partnerships,’ he explains. Those that are traded are companies with relatively little capital (microcaps) and are risky penny stocks, he says…
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