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What’s Your Favorite Newsletter?

Your fellow Gumshoe readers are crying out for your opinion -- please help!

By Travis Johnson, Stock Gumshoe, February 26, 2013

That’s the question that I receive from readers more often than any other — and my response is always disappointing, because I don’t and can’t really have one.

And the real answer is getting to be a bit of an overused question here at Gumshoe HQ — a big “what do you think?” for the masses of Gumshoedom — but it’s at the core of what we’re trying to do.

OK, so most of what I spend my time at is sifting through investment newsletter teasers and finding the truth (and sometimes the gem) that’s buried beneath the pile of, well, fertilizer. But we’re really all about people getting more fully informed, putting some of the hype aside, and making their own choices and sharing opinions — no newsletter is going to manage your portfolio for you, or make you rich, or turn around a sagging financial life.

But lots of them can help. I’m not anti-newsletter, I don’t think the folks who put out these missives every day or week or month are criminals or shysters … with some exceptions, of course — most of them, at least those from the major publishers that we see most often, are really trying to come up with good recommendations and helpful commentary. I don’t like the hype-filled promises of wealth that fill their ads, because I think those boasts and promises are what stick with people even as the more sensible and nuanced commentary that fills most of the actual newsletter issues is skimmed over or quickly forgotten by many investors. The big promises are what catch our attention, and they remain there in the lizard brain at our core, giving hope for ridiculously flashy financial salvation without work, research, patience, saving, discipline or sacrifice … or luck.

So when we look past the overpromising and the large type that promises 20% dividends or 800% gains, which letters do people actually end up finding most useful (and hopefully profitable)? Is it the background or education that these letters provide, or the udpates on their portfolios, or the unearthing of heretofore unknown investment opportunities or particularly nimble skill in picking buy and sell points for stocks or options? Or is it just the reassurance of having someone in your inbox each week, advising you to stay the course even if the headlines are freaking you out?

I can’t tell you that — I don’t subscribe to these ad-hyping newsletters that I write about, partly because there are too damn many of them, but mostly because it wouldn’t be very fair or sporting as I try to dissect their ads and unearth their “secret” ideas with the help of the Mighty, Mighty Thinkolator.

But your fellow readers can tell you — that’s why, in addition to sharing the teaser picks we unveil, we collect reader reviews of newsletters and allow for lots of free and open commenting on our articles. And we collate and average those reviews to give rankings of the newsletters — not rankings based on my opinion or on any measure of actual portfolio performance, but rankings based on what subscribers actually think of the letter.

So… wanna know what the “best” is? You can simply go to the Newsletter Rankings page… that will let you browse by ranking, or to filter them alphabetically by title… or even to search for particular publishers or authors.

We haven’t been calling the reviews to your attention much of late, so for many of these newsletters the subscriber reviews have gotten a bit stale — they might reflect a surge of pessimism from 2009, for example, or a particularly good few months from 2008 or 2011 that made folks love a letter … so we need your help.

If you’ve ever subscribed to a newsletter, please review it for us.

As we’ve seen from many, many comments in recent months, readers are overwhelmed by the number of letters, their crazy marketing aggressiveness, and their inability to keep up with dozens of email updates, so folks clearly want help in separating the wheat from the chaff. Can you help?

If you’ve subscribed to a newsletter, just click on it on the ranking page or search by title (search box is at the top right), and on each newsletter page you should see both some “stars” that you can use to give a ranking to various aspects of that letter, plus a comment box below for submitting anything else you want to say about that newsletter.

Reviews are moderated to try to cut down on spam, so your review might not show up instantly. And though we add new letters and trading services frequently there are some newsletters in the cast of thousands that just aren’t in our system yet, so please contact us if you’d like to submit your opinion of a newsletter or service that you don’t yet see on the site and we’ll cheerfully add it.

And I’ve got an extra inducement for you today.

The person who submits the most thoughtful and helpful reviews over the next couple days will either get upgraded to a lifetime membership in the Stock Gumshoe Irregulars (a $200 value, if we do say so ourselves), or, if you’re already a lifer, I’ll send you or your favorite charity a check for $100. They can be positive or negative reviews, and you can submit one or two or a dozen or more, whatever you have time and inclination to share.

So please, think of the letters and services you find helpful and useful, and those that you’ve found frustrating and disappointing, and share your opinions with us. Not only will you be helping your fellow investors to sift through the fog, but you might even earn a little something for yourself. And while you’re at it, hop on over to the most recent plea for help from one of our valued readers and let them know what your top two or three newsletters are with a brief comment.

Thanks for participating in this great adventure, and thanks for reading and commenting and reviewing and sharing your experiences with the great Gumshoe community — you make my work a daily delight, and I do appreciate it.

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Dave
Guest
February 26, 2013 6:08 pm

I have subscribed to Leeb Complete Investor for several years and had some mixed results. My problem was that I chased some of his more aggressive suggestions ie, Lynas when rare earths were hot and at present, have lost a ton of $$. He hypes up some stocks but seldom tells readers when they should dump them. He is really big on gold and silver even though they have been sideways for over a year. I also find daily get rich pump and dumps in my in box and other get rich pitches which I find annoying.
In all fairness, some of the articles are educational and informative but the bottom line is that I have lost more than I have made when following his advice. I won`t renew my subscription. Instead, I plan on becoming an irregular soon!

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Tzvi Yisrael
Irregular
February 26, 2013 6:11 pm

I’ve been an avid reader of a few good financial newsletters over the past 10-15 year investing career. I guess that before finding the gunshoe, thanks Travis, I’d have to say that the better newsletter was the 12% letter put out by Stansberry’. The runner-up is the Oxford club and then a far leap to the motley fool, with Seeking Alpha running along side. But for me the winner is the GUMSHOE!!!!

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RICHARD Kinsler
Member
February 26, 2013 7:31 pm

The services that have a good solid history and reputation.

Hillary Cramer……Peraonal Finace….Jim Creamer…….Mötley Fool……Zacks……Frank Curzio

It appears to me as a pretty good “general” market follower, you give to much credence to the pump and dumpers, the promoters that get paid for recommending stocks. If I follow it closely as you do…the hustlers get the stock up for a short time and then it goes down even further….a perfect example is APDN. I myself got on these teasers list and all of sudden started getting about 10 to 15 a week. This kind of baloney has become a cottage business.

RK

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Scotty
Member
February 26, 2013 7:49 pm

As a retiree, my favorite Newsletter is Charles C. Young’s Intelligence Report, which is a conservative in depth presentation by a man who is that all-too-rare combination of superior brains and common sense. He stresses the compounding of dividend reinvestments. as the way too sleep-at-night wealth gains, as well as giving us an overview of the world in general.
I have also dabbled in many of the Agora newsletters (being only human) when their teasers intrigue me. Soooooo, I sign up, test the waters, usually am disappointed at the wordy lack of actual facts, more and yet more teasers, then I get the heck out.. For the record, they really do stick by their promises of no hassle money refunds. At the present I don’t think I have any of their newsletters pending,, especially since I discovered Stock gumshoe. Your website has answered questios I didn’t even know I needned to ask. Keep up doing what you do best. Scotty

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Lynn Clark, Stock Gumshoe
February 27, 2013 6:57 pm
Reply to  Scotty

Thanks Scotty! Here is our listing for Intelligence Report:
http://stockgumshoe.com/reviews/intelligence-report/

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T. Walker
Member
T. Walker
February 26, 2013 7:54 pm

this session has a lot to digest. can anyone give me a website that has a list of free newsletters to choose from? that is my preference.

investletters
Member
investletters
February 27, 2013 9:43 am
Reply to  T. Walker

Free newsletters? Typically, not always, but in the long run – you get what you pay for

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Lynn Clark, Stock Gumshoe
February 27, 2013 1:36 pm
Reply to  T. Walker

Here is our list of free publications, though it’s by no means comprehensive:
http://stockgumshoe.com/category/free-publications/

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David Taylor
Member
David Taylor
February 26, 2013 8:10 pm

I have subscribed to several of the Cabot letters over the years and currently, Stock of the Month. I also was a Penny Stock Breakouts subscriber for a couple of years after the 2008-9 crash when everything was going up and did OK with his recommendations; but not so well my last year (2012?). By far the best, most productive, most informative, and helpful news letter has been a Dividend Lab by Todd Johnson, which I have been a subscriber for almost a year.

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Lynn Clark, Stock Gumshoe
February 27, 2013 7:03 pm
Reply to  David Taylor

Thanks David! We just added Dividend Lab to our list of newsletters if you’d like to review it: http://stockgumshoe.com/reviews/dividend-lab/

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r1drama
Member
r1drama
February 26, 2013 9:57 pm

About 3 years ago Martin Weiss of Weiss Research Issues made an intriging offer that for $599 he would offer all of the newletters under his umbrella for a lifetime and add to that subscription anything that came in new. I took advantage of that so now I have 1. “The Weiss Elite” by Martin himself. 2. “Safe Money” by Mike Larson. 3. “Real Wealth Report” & “Hard Asset Trader” by Larry Edelson. 4. “Global Resourse Hunter” by Sean Broderick. 5. “Income Superstars” by Nilus Mattive and 6. “Freedom & Prosperity” by Charles Goyette. Yes, a hand full and all very different approaches. I find most of these guys with their feet firmly on the ground – no “pie in the sky” approach. However, no one goes into the depth and detail that Travis does. That I truly appreciate and that’s why I’m an irregular to support his time and efforts. With all of the information above in hand it interesting to view their, In some cases, very different approach. My portfolio has a few samplings from a couple of the authors. Martin’s umbrella is truly an interesting approach. Sometimes I think they play the market a little short but again its info that we can choose to draw on and invest or simply let it pass. Yes, I’ve kicked myself on both accounts. Thanks Travis for an excellent investment letter. Bob

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prowalt
Member
prowalt
February 26, 2013 11:56 pm

My favorite newsletters are those that understate a message rather than hyper-inflate it. One of those is Schaeffer’s Monday Morning Outlook by Todd Salamone. I think the man is brilliant, he’s focused, and he tells things like they are. Whether his takes or recommendations are right or wrong is immaterial as it is subject to the vagaries of the marketplace, I can’t fault him for that. But honest opinion is one thing that many investment newsletters lack. The other thing I admire (and I’m no longer naming any names) – is brevity. I get about 150 e-mails a day on investment subjects, and time is my most precious asset. If I can’t use it properly, it does not serve me well.

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Lynn Clark, Stock Gumshoe
February 27, 2013 7:10 pm
Reply to  prowalt

Thanks Walter! We’ve added Monday Morning Outlook to our list, feel free to add a starred review if you like: http://stockgumshoe.com/reviews/monday-morning-outlook/

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Harvey
Member
Harvey
February 27, 2013 12:36 am

I get the Stansbury letters.
I have to hold my nose over the Right-of-Attila-the-Hun political commentary and tin-foil hat conspiracy theories. The video pitches where they read every word of every slide, and keep you going for half an hour with testimonials and promises to reveal great secrets, before ending with a pitch for an expensive subscription, are despicable.
They have enough commentators to have one on every side of every issue, so they always have one they can tout as having been right, while ignoring the others who were wrong.
I never take their advice about what’s going to go up or down. Since I only construct agnostic hedges, I just am interested in learning what’s active and likely to move in some direction. I’m a bit embarrassed that I support these guys, even at the minimal level.

bmc123
bmc123
February 27, 2013 7:54 am
Reply to  Harvey

In reply to Harvey’s comment – “I have to hold my nose over the Right-of-Attila-the-Hun political commentary and tin-foil hat conspiracy theories. ”

That used to do my head in too (when I was subscribed to one or two of their free newsletters). Unsubscribed from the whole lot after awhile (for reasons stated above).

Brent Hillier
Brent Hillier
February 27, 2013 1:44 am

Firstly , so reassurring to hear of so many other satisfied Gumshoe followers , congratulations . Ok , I have been with Oxford for some time now and will continue to do so because of the general nature of their comment , example , Alex Green’s enthusiasm . I have had brief subscriptions with Dave Fessler , Chris Mayer , Weiss , and down here on the ASX , Dr Alex Cowie , Kris Sayce and so on . On more than one occasion I have been almost swayed by these people , only to have Travis reveal enough evidence to the contrary , and save me from what may have been a less than well thought out expenditure . That is why I appreciate being an Irregular , just the integrity I guess , hope this helps , thank you .

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jim ellis
Member
jim ellis
February 27, 2013 2:27 am

Let me preface by acknowlodging i am very new to managing my own investments;6 or 7 months now. In that time ive subscribed to seemingly every site available and have found that only 2 i look foward to reading. One is travis here at stock gumshoe, and i look foward to being an irregular in the future. The other is the daily newsletter from Small
Maybe they just speak my language, but they certainly seem worth my money as well. They rarely suggest trades (although i cannot confirm this anymore as i am not an EO member yet) and when they did, their success rate is mind blowing. They were 100% free through 2012 to prove their value. Its a refreshing read without promises or gaurentees that seems to simplify market movements as a whole and indivudual ideas.

Just my two cents

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bmc123
bmc123
February 27, 2013 5:34 am

I’m an Oxford Club subscriber. I’ve tried a few others but they were hit & miss over the long term – and I basically like to invest long-term.
The Oxford Club’s recommendations are solid and their get in points are usually very good, thereby setting you up nicely for a long-term holding. They monitor their portfolios and they issue an alert if the stock falls below their 25% trailing stop, which is really helpful (although I monitor my own portfolio very closely already).
You can lock in a pretty decent price if you allow them to automatically renew your subscription. I feel their subscription fee is quite reasonable for what I’m getting.
I suppose the most important question is – do they make me money? The answer is a very definite “yes”.

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Val
Irregular
February 27, 2013 5:44 am

Travis, our GumShoe, does an Excellent job: diligent, insightful, thorough, knowledgeable – I tell friends he is brilliant but am concerned that it may go to his head.
Thanks to all (above) for sharing, I read all with much interest and learned.
Though he does not make specific pics, other than gold and now he is a bit bigger than ever before on Silver: Richard Russell, the Dow Theory man. He is 88 years old and still going amazingly strong. Never a Letter of his that does not have interest and even insight. Mark Skousen, who I also follow, hosted a social for Richard Russell a few years back (Mark Skousen is always doing considerate things) and presented R. Russell with a plaque which reads, amongst other good things: “Fifty Years on Wall Street” – not many have been around that long. R. Russell’s “Dow Theory” was started back in the 1950’s and quickly rose to the top of the charts as he was a bull, back then, when there was a lot of bearish sentiment; that R. Russell was right and the Bears did not do so very well launched R. Russell way back then (yes, I was alive and well then also but, most unfortunately, did not discover R. Russell until the 1990’s). Mark Skousen, by the way, does make specific pics and enjoys what I believe to be a good strong success rate amongst his pics. Skousen is honest and I find him straightforward, he also provide a synopsis at the end of his eight page letter (R. Russell’s letters are six pagers and sometimes he includes fluff that is well beside the point like his scary experiences as a B-25 Bombadier way way back in the big big big war. He, like most of our WWII vets (they are a vanishing large bunch these days) was just pleased to pull through in one piece. By the way I get Skousen, Russell, and a whole lot more for little more than time and the gasoline to get to and from our local library here.

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Slick Rick
Guest
Slick Rick
February 27, 2013 2:09 pm
Reply to  Val

Sure sounds like “Ass Beating” advice to me!

Tradie
Tradie
February 27, 2013 5:57 am

Apparently what these people are selling is what we all have (ass hole i.e. opinion). You are doing excellent job no doubt about that. Full point. Just as an individual, do I need all this?
Information is the most important for alla individuals, there is many ways to acquire what is important under the circumstances, though it boils down to individuals to recognize what is important for them, according their own circumstances. We as outsiders can only observe what follows, but we do not have the tools or any say on that. We all are responsible for our own action regardless what is the diving force, religion, ideology, left, right take your pick. We all are gullible and misguided one way or another. Be ware of any bias. Market is always right, we just hope that we are in time are on the right side of the trade.
But you can win, if you take both sides. Take a stance like a man, size doesn’t matter, take a trade on both sites, long and short. One way or another you will win. Correlating assets behave way of trending different direction. And do not listen the talking heads and you will be fine.

T

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Slick Rick
Guest
Slick Rick
February 27, 2013 9:41 am

First let me say that Stockgumshoe is an excellent newsletter , and that Travis Johnson , the editor, is a sincere , highly intelligent, and a consummate professional !
Great stock newsletters are about as rare as hen’s teeth, but I currently subscribe to 2 of the best….. IMHO out there. I went to the Stock Tips Experts website and received this message, “As of February 1 2013, the Stock Tip Experts has reached its maximum number of subscribers and is not accepting new subscribers for the remainder of 2013.” Basically 5 experts each give out their picks but only 1 or 2 a month each . The record of each is there right up front with ALL THE TRADES . No tricks, they buy at previous evening’s close and sell at day’s end close. A free newsletter is also included which has had 52 STRAIGHT 5% WINS in a row with no losses . 5% does not sound like much , but if you compound it the gain is HUGE.
Oh well so much for that.
Folks I am sure many here have fallen for the FREE PENNY stock picks, and have been BURNED by the PUMPED stocks they promote.
Let me tell you about the absolute BEST Penny Stock Subscription Newsletter which I subscribe to. NOT free, but worth every penny they charge for a subscription. A family run “HONEST” operation with what they claim is the BEST Track Record in the industry. I AM making money with the service .
Folks this company does not advertise , no constant requests to order another service, no auto extensions on your subscription, as they say that is dishonest, and I agree.
Here is the website …..I KNOW that you will be pleased if you subscribe.
http://falconstocks.com/

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brian
Member
brian
August 6, 2018 4:15 pm
Reply to  Slick Rick

They are absolutely horrible! worst one ever.

investletters
Member
investletters
February 27, 2013 9:44 am

We subscribe to a lot of newsletters because for many decades we have been responsible for managing money.

It seemed like a good idea to start a website reviewing those newsletters and re-printing their free content, albeit with teasers.

The truth of the matter is that most newsletters have their day in the sun, usually corresponding with a cooperative stock market.

For instance, we just let lapse our subscription to “The Trend Letter” for a number of reasons, the imminent part being that you have to subscribe with PayPal and I hate the way PayPal operates. But more importantly, they made us money up until the big crash of Uranium & gold stocks. Since then, their newsletters have at times missed their schedule and usually touts an upgraded service for market timing. They are good about stops, but like Yield Shark you may not always agree with them that they were crystal clear on how to implement the stop, price, etc.

Many of the Casey newsletters are the same. Before 2008, we printed money. Since, not so much. Here again, the basket of “5 must own Uranium stocks” (circa 2006 or so) are now either defunct or under 10 cents each, down probably 98%. New offerings touting dividends will obviously do better – dividend paying stocks are on a tear (hopefully not to bring on “tears” ). In fact, even the Energy editor has said for a couple of years that there just may not be too much excitement – and the letter shows it. At least Casey Research keeps pretty up to date on their website with news articles relating to their company picks.

John Mauldin is in the right niche at the right time with Yield Shark and Bull’s Eye Investor; but they are new and experiencing some serious (in my opinion) growing pains that need to be resolved before he rolls out more products as he has promised.

The Aden Sisters are sometimes a bit like Dennis Gartman, especially with their recent reco to sell some gold stocks. Really? I can sell at the bottom all on my own, what I wanted was a service that told me when they were topping out. For long stretches about 2 years ago they really had nothing in the form of recommendations, yet “Buy AAPL & Gold” would have been quite successful to the point few would have complained; provided of course that they suggest taking profits between $600 – $700.

I could go on, but there is probably a limit (third time trying to post this)

Best,
Roger
InvestLetters.com

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Slick Rick
Guest
Slick Rick
June 23, 2015 2:28 pm
Reply to  investletters

I hate Pay Pal also ……..they will not help you if you have trouble securing a refund from a cancelled newsletter. It seems that some newsletters almost force you to go through the ridiculous Pay Pal !
One instance where I went through Pay Pal they utilized my Citi Bank credit card to secure payment. When I tried to obtain a refund well within the money back guarantee guidelines they could offer no help. Finally went back to my Citi Card credit , and they interceded and got me the refund.
I hope Pay Pal goes out of existence , because their service is about as useful as tits on a bull!

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Scott
Guest
Scott
February 27, 2013 9:58 am

Going to age myself, but I truly miss the Zweig Forecast. A classic in a league of its own. Nothing has even come close since the newsletter stoped publication. That said, I stumbled upon Agora’s Lifetime Income Report and it was very well done. Funny thing is – I canceled the subscription yesterday due to their most recent marketing pitch on “The God Switch.” When they tagged “Why the Pope really resigned…” they crossed the line. The pitch was for another newsletter under Agora, but if we don’t vote with our dollars and elevate the discourse, we may find that financial newsletters become nothing more than Jerry Springer print pieces. I have always detested the penny stock promoters but when start going into faith areas, we need to draw the line. Of course, I say this as an Orthodox Catholic but I hope I would feel the same if it was any other faith. But – if this is not an issue with you, I really liked the Lifetime Income Report and during my two year sun=bscription period, I averaged over 10% with their high yield selections!

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SageNot
Guest
SageNot
February 27, 2013 10:32 am

Wouldn’t it depend on what your goal is? If you want yield, you wouldn’t want growth stocks or stock options, would you?

Chris Weber, Alex Green & Jeff Clark are very experienced, very successful investors , but over the long haul do they do any better than Dan Ferris or Doc Eifrig Jr.? IMHO you use the very useful Stock Gumshoe analysis to help you choose which letter in particular helps you separate the wheat from the chaff of any service Travis might be reviewing.

No, Travis hasn’t rewarded me, I’m just being honest here. 🙂

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lmasek
lmasek
February 27, 2013 12:26 pm

I subcribed to Jim Cramer’s Action Alerts for one year. I’m not sure this qualifies as a news letter, but I did find it almost impossible to act on his email alterts that he claims to provide in advance of his trades. Typically they arrive only minutes before he executes his trade, and unless you sit at a computer and monitor this all day, you will as I did have very little success getting in and out of the market at the same point as Mr. Cramer. Like him or hate him, he can still move a stock price to some degree.

As I side note, I may be having the same email issues as some others have described. If you send out regular emails, I do not get them consistently. Sure it’s on my end, but if there is anything I need to do on this site, I’ll be happy to. I am an irregular member.

Len

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Lynn Clark, Stock Gumshoe
February 27, 2013 1:18 pm
Reply to  lmasek

Dear Len:
I’m sorry about the email trouble. I’ve looked into this, and in your case, the emails are being sent to you and aren’t being bounced back, which usually means your email provider is reading them as spam, and they may be in your spam folder. To ensure that our emails reach you, you should add our email addresses (Irregulars.com and ILoveStockSpam@gmail.com) to your address book or whitelist, if your provider offers one. This link gives instructions as to how to add emails to the safe list on various types of email accounts: http://www.cheetahmail.com/deliverability/reach-the-inbox/
Whitelisting our email addresses is a good idea for all of our readers, since we send out bulk emails and some email providers occasionally assume they are spam. Please contact me with any questions about email delivery or your subscription at lynn.com.

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CARL CORNELIUS MD
Guest
CARL CORNELIUS MD
February 27, 2013 7:58 pm

I have taken a dozen or more letters in the past and now take 6 or more. The one that really gets me is one from Wall Street Insider for one named SMALL CAP ALERT, which promises $3,775 for alert #4 and similar alerts quarterly for a price of $2,495.00 per year which is a reduced rate. The author states that he has had positive results for 31 of his last 33 alerts plus gains on other recos in between. He states that he told his publisher that he will give up his position if his alerts don’t come through as promised. This is the most pricy newsletter I have encountered to date. What do you think of this one? The current alert is still in effect until tomorrow night and the next won’t be issued until June of this year.
CJC

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