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SBruno wrote:

I realize the value in "checking up" on my RM companies every quarter. What is the quickest way to do that?

Well, to give a purely "by the book" response, you might do the following:

1) run the company's current 10-Q or 10-K numbers through the Rule Maker ranker spreadsheet (making sure to compare the current numbers to a year ago and not the previous quarter). For one company, this should take about 10-15 minutes.

2) See where the company's total score lies and make a judgement call:

- If it rose, keep it, since the company is improving

- If it fell by only a few points but is still in Tier 1 or Tier 2, read through the entire report with a fine-tooth comb. If it looks like all's well and it's just a brief blip, then keep it. However, if there's something new there that may have a long-term impact (legal settlement, new competition that took a bite out of profits, etc.) keep an eye on it to see if it was just a one-shot deal or the start of a trend (and maybe check a few of the previous quarters to see if the trend already started). Most comapnies will have a bad quarter or two every so often, so don't let the results of a single quarter sway your judgement -- look for the results of 3 or 4 quarters in a row before making a decision to sell.

- If it fell by a lot and it's not the first time its score dropped, or it's gone down to Tier 3, strongly think about selling. Some new dog has come into town, and it's a whole lot meaner and leaner than the old hound.

Disclaimer: This response is purely based on what's given in "Rule Breakers, Rule Makers" about the different Tier ratings. I make no claims for this to be a bullet-proof strategy, and I recommend you see what the TMF staff has to say both about your question and in response to this.
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