Absolute Profits

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5 Comments on "Absolute Profits"

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miltonmoney
Irregular
1
June 28, 2014 9:17 am

just purchased this one and author is leaving newsletter,bit of a shock.AMERICAN stock picks no good too me, but i liked the sales pitch.ITS a 50/50 portfolio of picks, up and down..HOWEVER his methodly on showing his chart work is excellent and educational..

flyinkel
Irregular
15
November 12, 2015 7:50 pm
Buy when he says and lose 50%. He picks the downtrodden ON THE WAY DOWN. He doesn’t pick the bottom, ever. This is absolutely the worst newsletter I have ever had, I think he is here to teach us how to lose money. Wish I had my money back, all of it..the subscription the $$$ wasted on absolute dogs. He is educational, but what he is teaching are money losing strategies so far. The section of my portfolio dedicated to his recs is grossly, and I do mean grossly, underwater. Some examples ECA -57.8% RIG -47.78%, so far 1 has… Read more »
flyinkel
Irregular
15
February 8, 2016 2:07 am

Should be called Absolute LOSS, geez! Asof FEB 2nd 2016
RIG -77%
ECA -74.69%
TAN -40.19%
Out of 12 stocks invested, 11 are negative and many significantly so. His one stock on the + side is only up 1.86%. This guy should be used as a contrarian indicator only…do the opposite of what he says and reap the rewards.

soutpaw
Member
1
soutpaw
August 4, 2016 1:39 pm

Agreed, I cancelled his subscription after losing 68% of my investment using his advice (only took me 28 months!).

His picks are VERY speculative. In fact two of his picks filed Chapter 11 and Chapter 7. Lost all investment on those.

He might be a nice guy but his picks are seriously terrible.

tstang
Guest
0
August 30, 2016 1:20 pm

I too cancelled my subscription. The picks he had us hold on to have lost at least 70% of their value while the ones he said to sell have actually made money. Worst money I have ever spent.

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