I picked up a couple of early 12¢ Action Comics off of eBay recently to help fill out the run.
Action Comics #290 from July 1962 and Action Comics #306 from November 1963.
I realized long ago that trying to fill out a run of both Action Comics and Superman was going to be a herculean task at best. With that in mind, I settled on a minimum grade for the 12¢ books to be at least a nice presenting F/VF. I'll obviously make exceptions, however, if I come across some beaters at a price I can't resist.
I love that cover for #306, as it tells a hell of a story with just one image. It's got it all...Clark Kent in peril, kryptonite, a 3rd world generalissimo, a cigarette smoking mastermind, the secret identity in jeopardy, etc... If I can't have world-shaking super-villain fist fights, than these are the type of stories that I really enjoy from the Silver and Bronze Ages.
Anyways, on to the anagram fun!
Clark Kent = Tank Clerk
Let's see...Clark is essentially the clerk that handles the routine duties for the tank that is Superman. I'll buy that. Fun fact (and a peek behind the curtain): I use the internet to figure out my anagrams, and so far "Clark Kent" are the letters that have generated the least amount of anagrams, with only 3 total. That man's in a class by himself!
Lois Lane = Los Alien
My spanish is rusty, but that means the alien, right?
Action Comics = Iconic Mascot
That makes a lot sense, seeing as how this title birthed the original superhero!