Company name Atlas Energy LP
Stock ticker ATLS
Live stock price [stckqut]ATLS[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance: http://www.google.com/finance?q=atls

Atlas Energy, L.P., (Atlas Energy) is an independent developer and producer of natural gas and oil, with operations in the Appalachian Basin, Illinois Basin and the Rocky Mountain region. As of December 31, 2011, its principal development and production assets consisted of working interests in approximately 8,500 gross producing natural gas and oil wells; royalty interests in over 500 gross producing natural gas and oil wells; net daily production of 35.9 million cubic feet equivalent per day; proved reserves of 167.6 billion cubic feet equivalent, and its partnership management business, which includes interests in 98 investment partnerships and a registered broker-dealer that acts as the dealer-manager of its investment partnership offerings. It maintains ownership interests in the entities, which includes Atlas Pipeline Partners, L.P. and Lightfoot Capital Partners, LP and Lightfoot Capital Partners GP, LLC. On February 17, 2011, it acquired certain assets from Atlas Energy, Inc.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock. It is not possible to confidently invest in a company that is not currently profitable.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.

Earlier, I wrote about using the system described in my book, The Confident Investor, to build up your investment in Deckers Outdoor Corporation [stckqut]DECK[/stckqut]. I discussed how much your investment would have risen compared to the traditional method of “buy-and-hold” as an investment strategy.

At the time that I wrote the article, I hadn’t discussed portfolio management on my site to any great detail. Recently, I discussed the concept of doubling your investment to the point that the free stock is equal to one allotment of your portfolio. Now that this concept has been explained, I need to add another metric to the Deckers [stckqut]DECK[/stckqut] analysis.

If you would have invested in Deckers as described in that article, you would have doubled your investment by March 2, 2007. On that date, you would have acquired 150 shares of DECK which were valued at about $67.45 for a total profit of $10,101.75. This means your $10,000 initial investment would have doubled.

This event would have occurred 292 trading days after you initiated trading on DECK. If you followed my advice on portfolio management, you would stop trading in DECK at this point and focus on other stocks to build up equity in them.