Phoenix Letter, The

Author/Editor: Scott Neptune

Publisher: YOLO Publishing

Weekly trading newsletter with specific buy/sell recommendations.


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17 Comments on "Phoenix Letter, The"

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Carter
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Carter
October 11, 2011 3:09 pm

Have you ever used The Phoenix Letter? I opted for a trial, got the first issue and said “No thanks”, received no further communication from them until I saw my credit card had been billed $695.00, and when I called to ask what’s up, was told that I had been receiving their service, and the trial period was over, therefore I was being billed and they would not recredit, even after I presented them with the email I had sent requesting cancellation.

TJ
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TJ
October 11, 2011 3:14 pm

Call your CC company!

Duped again
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Duped again
October 20, 2011 2:22 pm
Their sales come-on roped me in for a 60 day trial of the Phoenix Options Letter for $100.00. As is the case with so many of these “services” the performance does not begin to live up to the hype. A quick check of the archives will show that winners are few and gains, if any, are paltry. Even that does not tell the whole story since the maximum loss they show on any trade is the 30% stop loss which they recommend. In reality when these trades go south they go in a hurry and you’re very lucky to get… Read more »
carol
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carol
November 2, 2011 8:27 pm

Their sales come-on also got me in and I just found out that they charged my cc for a full year. Tried to call and got an answering machine. Emailed them and have not received an answer yet. Was not happy with service and they did not notify me at renewal time. Will see what happens now.

R. Penning
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November 17, 2011 7:47 pm

They spend more time trying to sell additional services than they do providing information of any value. Don’t miss 1 day beyond their “trial period, they rip you off and will not refund. Their “customer service” is non existent.

colsarll
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colsarll
November 28, 2011 8:23 pm
In response to the review by “Carter” on Oct 11 it maybe helpful to subscribers to this Letter that if their Credit Card has unjustifiably been debited with a yearly sub. AFTER having phoned the organisation to cancel the trial sub. and emailed them too stating the time & date of the phone call that was answered by a machine then that evidence should be sufficient for you to use in a written application to your Credit Card issuer to dispute the amount billed, which is what I can do in Australia. Here the issuer then contacts the service provider… Read more »
Dave H
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January 19, 2012 2:31 pm

This letter is a complete scam. Avoid it at all costs.
I signed up for a trial subscription. Never received any of their letters. Then I was charged for a full year subscription on my credit card.

clint enjesz
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clint enjesz
February 10, 2012 4:35 pm

I subscribed in June and can not comment on their refund policy because I staid on. DIS returned 30% in days and I have been very happy. I have received every letter every week. Again, it is possible they don’t give refunds after the trial is over but they definitely send the letter. dave h, do you have firewalls at work?

C Joe Hughes
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C Joe Hughes
February 17, 2012 1:24 pm

The return policy offers nothing after 30 days. Avoid this publication at all costs. We consider the offer to be a poor choice in the marketplace.

lstephens
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lstephens
March 3, 2012 12:27 am

This is my best start to a year ever!
The Phoenix Letter found stocks I have enever even heard about: FAST for one is an off the radar stock that I made double digit percentage points in. Throw in CROX and IMAX and 3 stocks just beat my mutual funds over 10 years!!!!

flrtrader
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flrtrader
March 21, 2012 8:04 pm

new sub to this letter… referred by a friend – in NFLX one day and cashed out for a nice winner – very happy – more than paid for my service for the next 5 years – my golf buddy has been getting it for over a year and has been very happy too – think the other reviewers might be sour grapes – who knows these days – just my .02

flrtrader
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flrtrader
March 22, 2012 3:56 pm

forgot the stars – love it – nflx still going strong

mgchute
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mgchute
June 10, 2012 2:55 pm
For an outfit that portrays themselves as professional, costing nearly $1000 per year, consider their ad. They provide ‘actual’ trading results which are fictitious. Do the math. Here’s an example: Week 1 Archer Daniels Midland Entry Price: $20.99, Closeout Price: $35.00, % Gain/Loss: 19.10, Made/Lost: $382.09 Made/Lost Total= $701.28 Note: [$2000 / $20.99= 95.28346831824678 shares] x $25.00= $2382.09 This trade never happened for in the real world fractional trades don’t happen! Trading commissions are also not taken into account. Week 1 Energy Conversion Devices Made/Lost total should be $226 and not $203.86. After I discovered the trades were fictitious I… Read more »
steve callabra
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steve callabra
June 25, 2012 7:09 pm

Interesting group of traders. Tried their Options Service a few months back and had a few great trades. They have done very well in my book. Not sure I agree with the other posters.

juanarivas
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juanarivas
February 10, 2014 6:55 pm

Please save your money, these people do not produce what they advertise, many of their picks lost money during a 60 day trial period that I signed up, right before the 60 days were up, they charge my credit card and after I contact them, they said that the money is not refundable, so do not give them your credit card, this is a very shady service.

juanarivas
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juanarivas
February 10, 2014 6:58 pm

worst service ever, their picks lost money, and They do not want to refund money after the 60 days.
Do not give them your money.

sneptune
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sneptune
February 12, 2014 3:24 pm
Juan, Your actions on this site are difficult to take in and it is behavior like this that causes the cost of everything to go higher in this world. The short of it is, you are attempting to blackmail us. You said yesterday that if we don’t give you a refund, you will go on the internet and write bad things about us. Clearly that is the case because these are your first posts ever on this site. We refused to succumb and clearly you have followed through – unfortunate as that might be. Here are the issues with what… Read more »
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