I received a pitch from Sean Hyman (Newsmax) who is part of Ultimate Wealth Report investing with biblical codes, about the Prime Season Calendar. According to him you should make a 21.49 % annual returns by investing according to this calendar. The initial newsletter, Absolute Profits cost $147.00 but when you click off you are offered a special deal without the newsletter for $19.95. Has anyone heard of this pitch?
We could all be rich if it is true!!!!!!! WOW.
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Any successful customers which can support Absolute Profits?
This is SCAM. 100 % scam. Is the man arrested ? If no, he will be soon.
you are so wrong Zdenko I have been a subscriber to UWR since Oct 2013. In the year 2014 I sold 8 stocks for a 21% overall return on investment. A high of 59% and a low of 13% (because I got in on this one stock later and at a higher cost than Sean recommended.) I was happy with the 13% on a 90 day investment. To try his system out I bought 100 shares of the 22 stocks Sean recommended. I sold 1 stock at 28% in 30 days, 8 stocks in 2014 and am looking forward to over 30% return on 1 stock in early 2015. I have learned skills from Sean’s videos and news letters and have double downed on some stocks to give unbelievable PE ratios. Hope more of you get the the opportunity I have had this last year. God Bless1
??? With all due respect Mary, Sean’s UWR has been atrocious. Its gotten so bad he has removed the percentage performance of each stock. Almost all of his active stock picks are significant losers. Like 70% + losers. I wish I never found his service. In a market that has averaged 20% over the last 5 years, Sean has found a way to pick 70%+ losers. This man should not be giving any investment advice. My portfolio has gotten obliterated. Why he’s still in business I have no idea.
He must be the richest man in the world and I thought Bill Gates was.
I couldn’t find him on the Forbes Rich list so his system can’t be that great. If it was he would have borrowed a few million to invest and be a billionaire by now. I guess he doesn’t believe in his own ‘magic’.
Please advise me if Shaun comments on and suggest shares on the South African stock exchange, If there are any South African residents subscribing to Absolute profits I would appreciate your reply,
I lived in South Africa for nearly 20 years and know the market quite well. Some, especially metals, mining and energy stocks have done well at various times, and I see no reason why Shaun would not invest in these stocks or others as long as they matched his criteria and risk profile. In the meanwhile, many of the largest cap firms have reincorporated elsewhere, mainly in Europe, so there is actually somewhat less opportunity in South Africa than before.
who is Michael carr?
Sean gives a thorough review of all his stocks each week in his video and comments on the general stock market. A new recommendation from 1/22/2015 was up 25% as of 2/13/2015, 3 weeks later. His recommendation on Transocean was too early, but the stock has gone up dramatically recently. I have just been in a few months and made money on his now closed Cisco recommendation.
There are many negative comments here regarding Sean and his system and I think many are missing a major point of trading – there is never a fool proof system which wins ALL the time. All systems have drawdowns (periods where they lose money) what is important is to evaluate the maximum drawdown and see if that is tolerable for your own risk management. I have been trading for 15 plus years and have developed many systems and had to change them because the market changes constantly, it can take several months to develop and test in real time prior to releasing a new system – or recommendations based on the new system. I would never rely solely on a single system, but I am about to invest in Sean’s newsletter because his analysis is different to mine and I may be able to learn something new which could improve the returns I am already getting – which are far higher than Sean’s – I only need to get 1 new idea which gives me an extra 2-3% / year and it has paid for itself many times over. $147 is a very small amount of money in the trading world and you have 3 months to test the system and then you can get a refund if you are not happy – but remember the equity curve charts he showed in the video also showed some extended periods of drawdown – not a single upward line of profit each month…..
Sean comes across as very sincere but his results speak for themselves. His Brazilian stock picks are all 50%+ losers. BTU is a 90%+ loser. And the thing is he never sells the losers. He pulls up his charts every week, cites Elliot Wave Theory and then finishes every stock with “it will go up from here and take out its previous highs”. Invariably a month later the stock is lower and he says the same thing…. Its clear this man doesn’t invest his own money with these stocks. I’ve lost thousandths following his horrible picks.
If everything Sean says is TRUE? He must be SOOOO WEALTHY ……why would he even ‘bother’ with this web soliciting?!!!
Just like D Smith above says, there are no winners with his picks, always a positive analysis while the stocks keep regressing. I have lost 30% of my portfolio with his stock picks. Today he has two gainers in his portfolio 6 and 10% the other 8 are all losing money hand over fist, biggest loser is at 69%. The service may be cheap but unfortunately you get what you pay for. I am so sorry I took the bait.
Sean Hyman publishes 2 news letters with Newsmax. Absolute profits and Ultimate Wealth Report. Sean was fired at Ultimate Wealth Report in May 2017. Reasons unknown (probably poor portfolio performance). He was replaced by Andrew Carpenter as new publisher. He is in the process of creating a new portfolio for the news letter. You can google Andrew C. Carpenter. .NOT rave reviews
worthless newsletters. Buy his recommendations about 8 months after his recommendation to buy. By then those stocks will be down at least 50% or more. Several will go bankrupt. My biggest clue that this guy is a rip off artist is when he started bragging in his newsletter about how much money he was making for us on a particular stock. Well this stock he recommended at a high price about $20, the stock went bankrupt but you received one share for every 100 shares you had before the bankruptcy. Then the very low share price for this one share doubled and he was bragging that he made a 100% gain for us. well, look at this example: bot 100 shares at $20 = a $2,000 investment. Stock went bankrupt so investment went to Zero for a $2,000 loss. Received one share in bankruptcy worth $1 and stock soon went to $2. So I recovered $2 of my $2,000 loss and this idiot was bragging in the newsletter how he made us a 100% profit is just a few months. How does a $2,000 loss minus a $2 gain equate to 100 profit? It does not, what a scam artist.