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Four Decades of Homerun Hits by The McShane Letter
| 1970 |
Beginning in 1970 with gold trading at just $35 per ounce and the Dow Jones Industrials just coming off of all-time highs, Don McShane urged his clients to buy bullion and get out of the stock market. It cost him his job at White Well, one of the five major underwriters on Wall Street. Gold subsequently surged to more than $800 per ounce. But Don’s The McShane |
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Letter (TML) was raking in rich profits, selling bullion from the period 1980-1982 and moving that money into high- yield bear Treasury notes and bonds paying an annual yield of 14% to 21%. |
| 1973 |
The McShane Letter has been moving subscribers into special situations for the past four decades and in 1973 Don found a dandy, Chemex Pharmaceuticals. In two years that stock soared from $3 per share to $21 per share. |
| 1975 |
Don’s personal relationships with innovators in science and business have always been a huge asset for subscribers to TML. In the 1970s Don was close friends with Seymour Cray, the founder of the Cray Supercomputer. Unlike the herd on Wall Street Don realized the necessity of a $20 million super computer before Bill Gates had even gone to college. What followed was TML subscribers to buy shares of Cray Research after it had fallen from $21 per share to a miserly $3 per share. TML seized 21 percent of the float in Cray and banked incredible profits. Over the next X years Cray rose XX percent. Subscribers who invested just $20,000 in Cray sold out in 197X and collected a cool million dollars. |
| 1977 |
TML pounced on United Artist Theaters which the bears had driven to just $7 per share. Realizing that a major takeover was at hand Don and his subscribers pounced. United Artist stock soared 7,000% in just two years. |
| 1980s |
With Wall Street on uncertain footing and gold prices falling, it was getting hard to find viable options. But that didn’t stop Don McShane. That year he got his subscribers to think outside the box and they bought up the “art of Andrew Wyeth”. Soon thereafter the issuer of the prints, The Brandywine Museum in Chadds Ford, Pennsylvania, was inundated with orders and was forced to add five workers to handle the volume of calls and sold out all signed editions. A set of six that TML bought for $5,400 rose to over $150,000 over the next few years. Today Don believes that more than 50% of Wyeth prints are still held by his clients and subscribers. Of course this treasure trove of art wealth didn’t stop Don from his search for special situations in the stock market. This is evident by what happened in... |
| 1982 |
TML bought Integrated Barter for just 10 cents a share. Inside of six months this 10-penny stock was trading $2.23 per share; a gain of over 2,100%. |
| 1983 |
TML bought CopyTele, Inc. at $10 per share and rode it to a pre-split price of $120 by 1986. That was a gain of 1,100% on a mainstream stock. |
| 1984 |
Don saw the underlying value in Howtek (Amex) just as the Reagan Bull Market was starting to stir. Subscribers to the TML bought in at $5 per share and rode the stock to $30 per share in just six months; a plus 700% gain. |
| 1986 |
Alpha 1 Pharmaceuticals $6.50 per share to $30 per share in six months. |
| 1987 |
An avid reader of the news and a man who still works 18 hour days, Don recognizes special situations. In the mid ‘80s Don saw it was a heyday for newspapers. He got subscribers to buy PressTek (Amex) which provides the colors used by a growing army of local newspapers. This $5.00 per share stock rose to $200 over the next few years. |
| 1989 |
The Great Crash of ’87 still had the markets nervous but that didn’t stop TML from taking bold steps that returned huge paydays. In1989 Don urged subscribers to buy Noise Cancellation Technologies for just 20 cents per share. The letter followed by buying 9 cent per share rights. In three years Noise Cancellation was selling for $5.00 per share. |
| 1990s |
During this decade Don McShane wound down from over 6,000 subscribers and 660 personal investment clients to concentrate his energies on providing personal investment advice for a select few. That didn’t stop Don from issuing alerts to his old subscribers when he saw the need. Such was the case in... |
| 1990s |
During this decade Don McShane wound down from over 6,000 subscribers and 660 personal investment clients to concentrate his energies on providing personal investment advice for a select few. That didn’t stop Don from issuing alerts to his old subscribers when he saw the need. Such was the case in... |
| 1991 |
With Bill Clinton in office Don expected the Democratic President to push healthcare. Don felt obligated to send a buy recommendation for Regenerex Pharmaceuticals (Amex) at just $.50 per share. In two years the stock was trading at $24 per share. |
| 1998 |
In April 1998 Don saw panic on the horizon. What followed was the widely disseminated issue of TML called: “Fair Warning”. In it Don urged subscribers to get out of the tech frenzy, a bubble Don told his subscribers would lead to the collapse of the stock market. |
| 1999 |
With the stock market about to get crushed Don urged TML subscribers to buy gold which was trading for $264 per ounce. Gold was about to go on its second great run in four decades, and Don McShane had caught both Golden Booms at their very bottom! Just over a decade later bullion was trading at more than $1,200 per ounce. |
| 2002 |
Don McShane correctly called 3-bottoms within days of the ultimate bottom in March 2003. Don understood that 9/11 was a game changer and that a tsunami of cash was about to hit the economy, impacting the market and saving Big Board stocks. Once again Don’s ability to see the macro picture in the economy allowed his subscribers to get on the correct side of the markets. Don understood that Bush, Greenspan & Co. would pump trillions of dollars into an economy that the White House had set on a war footing. All the more reason, Don said, to own gold. |
| 2003 |
Don told TML subscribers to buy into three special situations. They included “Freemont Gen’(?). Don urged his readers to buy for $5.50 per share. This Big Board stock went to $30 per share in the span of X months. TML subscribers also bought Sun Health that year for just $1.00 per share. It quickly ran to $20 per share. Lastly, Don told subscribers to purchase Advocat for $1.05 per share. Within a year it was trading at $21 per share, a whopping 1,000 percent gain in less than a year! |
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| 2008 |
In June 2008, on the eve of the biggest stock market collapse ever, Don rushed TML out telling subscribers to exit the stock market. The headline read: “Prepare for Crash: Sell all stocks”. The stock market began to spiral down, with the Dow falling from its June 2008 level of 12,637 to 7,056 less than a year later. |
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