Newsletters to be reviewed
by smhon | July 29, 2013 10:04 pm
Hi Travis
Which are the newsletters that are seeking volunteers to review?
What do you use as a source of information to check the facts & do some homework? (Other than the Thinkolator which is not possible to place on my desk…Is there a good alternative to a Bloomberg[1] machine?)
Endnotes:
- Bloomberg: https://www.stockgumshoe.com/tag/bloomberg/
Source URL: https://www.stockgumshoe.com/2013/07/microblog-newsletters-to-be-reviewed/
That’s a hilarious question. Most financial newsletters—especially those touting “potential” four- and five-digit percentage “gainers”—do their darndest NOT to be reviewed by outsiders. Because the cold, hard numbers they actually produce are typically so unimpressive they couldn’t sell the day-old newspaper their baloney should be wrapped in.
The newsletters who are trying to raise their profile by offering free subscriptions in exchange for an honest review submission vary, I think we have one looking for people now — contact us using the contact form (link at the top of the page) and let us know if you want to be on the “potential reviewer” list.
As for me, I use several of the free sites for quick looks at financials — including Yahoo Finance, which I think is still the most popular. I also pay Morningstar for better data so I tend to use them for screening and more detailed financials, and it’s always worth looking at the actual filings if you’re serious about investing in a company, particularly the latest 10-K and 10-Q, to see what the company commentary is, what they think their risks are, and see the unvarnished (hopefully) numbers. Those are free in the SEC’s Edgar database, and most companies also host a copy on their website.
There are many good newsletters out there that offer more than just stock picks. I usually stay away from any newsletters that play penny stocks as you get into the promotion territory and newsletters are just promoting due to the money they recived for it.
stansberry offers a lot of diff news letters and etc u listrn for a hour and then the tap comes in any comment on them
We have lots of reviews of Stansberry letters on the site, and I’ve written about many of their promo and teaser picks over the years. You can just search the name of the newsletter on the site using the search box at top right, or browse the alphabetical list of newsletters here: http://stockgumshoe.com/reviews-alphabetically/
It is easier to get a bank to confirm that a Suspicious Activities Report was filed with the Feds on a particular transaction than getting a complete, unadulterated, unedited, unmanipulated statement of YTD gains *and losses* for any of the heavily promoted newsletters and services.
Just try calling up the usual suspects and asking for one.
Non-paying readers and track record transparency are the enemy of the direct-response newsletter biz.