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written by reader The Precision Profits System

By wealthynow, March 25, 2016

I got an e-mail from Stansberry again to watch a video about The Precision Profits System that guarantees profits and has 2 guarantees – 1. Get your money back in 90 days
2. If you don’t have 12 100% winnders in the next year you get another year for free.
They will have the video up until Sunday and will only take ”800” subscribers. They say it’s normally $3,000 but now is $1,495. They use Options on 50 stocks. I have signed up for many trade alert systems – Options, ETF’s and stocks and have lost money. $1,495 seems like a lot especially since I’m in Canada and the exchange rate would make it cost about $2,200. The link is: http://pro.sovereignsociety.com/CTA1495EXT/LCTAS339/?h=true
Has anyone heard of them before and what do you think of this potential service – is it just more hype? Thanks for any feedback

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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SoGiAm
March 25, 2016 3:45 pm

Weathynow, Get you $$$ back a.s.a.p. is my advise. Join Stockgumshoe.com Premium annual membership at 13 1/2 cents per day 😉 The very best investment decision I have ever made. The Precision Profits System reviews: http://www.stockgumshoe.com/reviews/precision-profits/ , http://www.stockgumshoe.com/2015/12/microblog-sovereign-society-precision-profits/ In the ‘Search’ box type in ‘Precision’ and review many comments here at Stockgumshoe

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SoGiAm
March 25, 2016 6:16 pm
Reply to  wealthynow

Ah, Welcome to the Gummunity Wealthynow. 🙂 I was sortta egggin’ Travis on for a reply also. I guess the more the Gummune asks the more likely he is to respond. I personally have dropped all other subscriptions as I feel they are a waste of hard earned money. There is so much information available for free if you know where to look. A thread Travis created for New members of the Gummune is here: http://www.stockgumshoe.com/2014/11/first-steps-and-favorite-tools-for-new-investors/ Best2You-Ben

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SoGiAm
March 25, 2016 6:30 pm
Reply to  wealthynow

There are 165 occurrences (threads) of ‘sovereign’ and 11 relating to sovereignsociety.com http://www.stockgumshoe.com/?s=sovereignsociety&submit=Search

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frankgr
Member
frankgr
March 27, 2016 12:13 am
Reply to  wealthynow

Hey wealthynow, yes I did say it seemed like the best (perhaps only) service I’ve come across that really does have a good portfolio record. (Put selling advisories are good in general, too, but you don’t really need that much advise on those if you know what you’re doing.)

Anyway, I’m glad to say that another month has gone by since my last note and the successful season trades have kept coming. I don’t know why he doesn’t make his performance publicly available (he should), but it you were to take a trial, here is what you would find among the recent entries that are (at least partially) closed. And yes, these are real numbers, I was there, I saw it happen, and I’m not leaving out losers. I hope this comes out readable:
FIZZ160415P00045000 12/09/2015 $4.90 $9.80 100% Closed first half on 2/5/16
MTN160115P00130000 12/16/2015 $2.17 $6.90 217.97% Closed position on 12/18/15
SMG160617C00065000 12/30/2015 $4.00 $8.60 115% Closed half on 3/9/16
BIG160415C00037500 0 1/14/2016 $2.57 $7.90 207.39% Closed half on 3/7/16
BIG160415C00037500 0 1/14/2016 $2.57 $5.34 107.78% Sold half on 3/4/16
CPN160318P00014000 01/19/2016 $1.20 $1.80 50% Closed position on 2/12/16
CCL160318P00050000 0 1/26/2016 $2.55 $5.73 124.71% Closed half position on 2/2/16
CCL160318P00050000 0 1/26/2016 $2.55 $8.30 225.49% Closed half position on 2/8/16
OUTR160715C00035000 02/18/2016 $3.25 $6.60 103.08% Closed half on 3/15/16

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SoGiAm
March 27, 2016 8:58 am
Reply to  wealthynow

Have either of you, Frank or Avery, or others looked into the Adam Mesh Trading Group http://www.adammesh.com , http://app.streamsend.com/c/26335211/85141/zl1YTvR/xJSB?redirect_to=http%3A%2F%2Fadammesh.com%2Fquestqualification.html and feel comfortable offering their experience(s). Thank you in advance-Ben

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frankgr
Member
frankgr
March 27, 2016 1:51 pm
Reply to  frankgr

No, Ben, I have no experience with them, sorry. I’ll be waiting for other responses, though. Good luck, wealthynow. I got into Precision Profits at $1495 a while back and they were talking about raising the rates then, so there may be other opportunities. Then I ended up signing up for lifetime membership after studying the portfolio. Don’t get me wrong, there are losers in the portfolio last year, in one case two total losses consecutively. so as always, there is risk. But had you been able to take all the 2015 trades you would be doing very well about now. Apparently a lot of people are joining now and you have to move quickly when a new trade is released; the option price almost immediately pops on demand (or you can wait a while until the price stabilizes again). Recently Jeff started publishing an alternative strike/entry price schedule for each trade in case you get left behind.

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frankgr
Member
frankgr
March 27, 2016 3:08 pm
Reply to  frankgr

I paid $3000 for the lifetime membership. They said it was going to go up to $10,000 soon, so I’m not sure where it is now. I can’t answer your questions about being at the computer all the time, except to say what I said above. You can always put an order in and wait for the price to come to you. I expect it usually will. Or you can buy in at a slightly higher entry price. Or you can take the alternative trade Jeff puts out with each order. Altogether, not watching continuously shouldn’t hurt you too bad. That’s one nice thing about options. I tried day trading for a while before switching to options, and became convinced it’s a total fantasy (unless you can come up with a strategy like what Sykes did — which has become mostly unworkable with the SEC clamp down on pumps).

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Gordon Pearson
Gordon Pearson
March 27, 2016 8:39 pm
Reply to  frankgr

Hi Frank,
One quick question — are you buying calls, puts ??
Thanks
Gord

frankgr
Member
frankgr
March 28, 2016 1:47 pm
Reply to  Gordon Pearson

Yes, Gordon. I also sell put options, but that’s a separate strategy from the one discussed here.

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SoGiAm
March 25, 2016 4:45 pm

Author: FRANK ELLISOR Comment:
TRAVIS, YOU DID IT AGAIN. SINCE JOINING GUMSHOE I HAVE SAVED HUNDRED OF DOLLARS ON THESE “GET RICH” ADS THE OXFORD CLUB IS ONE THAT TOOK ME IN THE PAST. I OWE YOU A LOT. I AM WITH YOU FOR LIFE. THANK YOU.
http://www.stockgumshoe.com/reviews/oxford-club/whats-oxford-clubs-42-4-billion-consumer-rebate-program/comment-page-1/#comment-4744447

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sheldon hershkop
sheldon hershkop
March 27, 2016 8:25 pm

I was intrigued by the preceding comments and did some cursory exploring of the service. It appears that the recommendations are triggered by predictions of weqther changes esp ‘polar vortices’ which appear to influence stock movements. All well and good(assuming it’s accurate) ,until everyone else figures this out.

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dmontieth
dmontieth
June 9, 2016 12:58 am

I started investing Precision Profits recommendations on 4/1/16. So far I’ve invested or attempted to invest all 10 of their recommendations. Two were sold before expiration at a -20% and -70% loss, 2 did reasonably well but quickly took off and their recommended limit order was quickly surpassed so my options were never exercised and the other 6 are are still active but thus far are yielding: -12%, -12%, -76%, -29%, -7% and +11%. All 6 don’t expire till this Sept or Oct so there’s still plenty of time to respond more positively. You must be able to immediately place orders when a recommendation is made or risk missing their buy price.

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dmontieth
dmontieth
July 29, 2016 10:01 am
Reply to  dmontieth

So here’s an update on my Precision Profit account as of 7/28/16 – after 4 months into the Plan: -98%, -81%, -24%, -76%, -69%, -50%, -59% for a total loss of 65.3% loss. There was one Call option, FIZZ that was up over 100% but it quickly surpassed their limit order so I couldn’t get in. All of the other options were Puts and most don’t expire until Sept. or Oct.

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dmontieth
dmontieth
October 8, 2016 11:30 am
Reply to  dmontieth

I finally bailed out just before their extended guarantee ended and they did return my $1495. My results were basically the same as my July 29th report. But a week after I bailed Hurricane Matthew came roaring along and I’m sure PP recommended several buys since that is their specialty. If anyone is still in I would be interested in knowing who they recommended and how they did.

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dave
Guest
dave
July 7, 2016 2:15 pm

I was engaged in the Precision Profits service for 3 months and my portfolio went down and down and down. Jeff’s opinions were losers for me. I followed his advice and my portfolio continued to drop, until I eventually sold all my positions. On the day I sold all the positions recommended to me via Precision Profit, my portfolio realized it’s first gain in months (I was making money on other investments, but the losses from Precision-Profits-recommended-trades were overshadowing any other gains in my portfolio.). To their credit, I was given a complete refund for my membership, but that didn’t cover anything close to the money I lost following Jeff’s advice. I would advise anyone reading this to stay away! If you doubt me, ask Jeff to show you his stats since April 2016. Let the buyer beware….

daniel
Guest
daniel
July 14, 2016 3:44 pm

I’d like to know as well. Sounds too good to be true and the are peddling it too hard.. so I am not biting unless I can find some real review.

cyclestar
October 23, 2016 2:56 pm

Signed up and traded recommendations for 5 months. Lost thousands. The service was so bad that they extended the 3 month money back by and extra 3 months to try to let you ‘recoup’ losses. The extra 3 months was no better. Also had a rude support person when I asked for my money back. I did get it back, that’s the good news. But still lost way more than other services I have tried. Avoid.

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RTZ
Guest
RTZ
December 7, 2017 11:44 am

You have to ask yourself, why should this system cost so much of your money? If the system is delivering 1600% or even 30% reliably, THEY WOULD NOT NEED YOUR MONEY, hedge funds would be dumping billions into it. As someone who has worked at hedge funds for years, investing in Options is extremely risky likely to lose because options are extremely complex derivatives require good understanding of the math behind and and more importantly how to read and understand the option specifics. i.e. the Greeks (Delta, Gamma, Theta, Vega, Implied Volatility etc.). You cannot trade options successfully and should not without this understanding. The folks who run hedge funds, and the investment banks that make these markets are highly trained and no fools when it comes to taking your money. There are several strategies that are utilized with options but the fact is that 70% of ALL the money collected on option premiums goes to the SELLERS of the options (Hedgefunds and Investment Banks), not the buyers. That means buyers are on the winning side only 30% of the time. You know who’s money that is? It’s yours going out the window. You want to make money for the future, invest conservatively, buy when the market takes a breather. Warren Buffett once said, be greedy when others are scared, and be scared when others are greedy. Probably the best single advice anyone has ever uttered.

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swing trader
Member
swing trader
December 16, 2017 9:57 am
Reply to  RTZ

They should win an Academy Award for acting so convincingly in hyping their product!

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kpie461
Member
kpie461
August 18, 2022 5:13 am

I have been using Precision Profits service for a year now with sketchy results, but on July 22 the service recommended purchasing a FTNT Aug 19 Call which, once recommended, was never tracked or mentioned again. I can’t be the only one who bought contracts for that call (10 myself) and I threw away over $2400 on that bogus instruction. I have called the service once already and written them twice with no response whatsoever. Like I said, the Call will expire in another day and is all but worthless, I hope he didn’t forget about any missiles once they were launched.

I

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