PRINCETON, N.J., May 21, 2004 (PRIMEZONE) -- FindProfit (www.findprofit.com), an investment service that delivered a +67% audited return in 2003, announced today that it has provided to trial and paid subscribers investment coverage of Appaloosa Management's holdings, including coverage of U.S. Steel (NYSE:X) and Pope & Talbot (NYSE:POP).
FindProfit's investment outlook looks at the holdings of Appaloosa Management, one of the hottest and most active hedge fund, including coverage of Massey Energy (NYSE:MEE) and Arch Coal (NYSE:ACI).
All paid and trial FindProfit subscribers can now receive immediate access to FindProfit's exclusive reports and ongoing commentary and analysis. As a trial or paid subscriber, you'll also gain access to our latest investment moves. Start your 30-day free trial today: http://www.findprofit.com/subscribe.php3?refer=zone137
FindProfit's outlook looks at the following questions:
-- David Tepper's Appaloosa Management is one of the hottest
hedge funds on the planet, returning a ten-year average
annual return of 30%. What are Appaloosa's latest moves
and how will they impact the market?
-- Appaloosa continues to pour money into domestic coal producers.
Is coal a safe bet?
-- The fund also continues to put money into steel producers
like X and International Steel Group (ISG). Is Appaloosa
making a big bet on cyclical commodity stocks?
-- On the flipside, Appaloosa continues to reduce its exposure
to the power generation/merchant energy sector. And this is
ahead of the traditionally strong summer season when demand
reaches its peak. What does this say about the power
generation/merchant energy space?
-- Does Appaloosa's massive holding in X signal that the firm
believes X is undervalued and oversold?
And More
Sign up now for a 30-day free trial to FindProfit and you'll gain instant access to FindProfit's in depth coverage of the media, tech, telecom and energy sectors, as well as our full "as it happens" investment commentary and comprehensive model portfolios, by clicking here: http://www.findprofit.com/subscribe.php3?refer=zone137
Subscribers also receive access to FindProfit's Special Bonus Report, "Five MUST-OWN Bargain Stocks for 2004!"
Subscribers are always protected by FindProfit's 100% customer satisfaction guarantee.
FindProfit finds you winners. The service posted a +73% audited-return in 2002, and audited model portfolio gains of 67%, 58%, and 34% in 2003.
About FindProfit.com
FindProfit.com is a leading publisher and provider of lively, fun, and profitable investment commentary for individual investors who love the stock market. As a 100% independent investment service, FindProfit's only bias is towards making its subscribers money. FindProfit's real-time "as it happens" investment service gives individual investors the edge they need to consistently beat the market. For more information or to sign up now for a free 30-day trial to FindProfit, please visit: http://www.findprofit.com/subscribe.php3?refer=zone137
NOTE: FindProfit, LLC is not a registered broker dealer, registered investment adviser or registered research analyst.