written by reader Absolute Profits

by xiexgp | January 27, 2014 10:20 am

I received a pitch from Sean Hyman[1] (Newsmax[2]) 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[3] 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.

Endnotes:
  1. Sean Hyman: https://www.stockgumshoe.com/tag/sean-hyman/
  2. Newsmax: https://www.stockgumshoe.com/tag/newsmax/
  3. Absolute Profits: https://www.stockgumshoe.com/tag/absolute-profits/

Source URL: https://www.stockgumshoe.com/2014/01/microblog-absolute-profits/


21 responses to “written by reader Absolute Profits”

  1. Julia says:

    Any successful customers which can support Absolute Profits?

  2. zdenko says:

    This is SCAM. 100 % scam. Is the man arrested ? If no, he will be soon.

  3. Rpmt says:

    He must be the richest man in the world and I thought Bill Gates was.

  4. Clarence says:

    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,

  5. Bill says:

    who is Michael carr?

  6. AIndy says:

    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.

  7. 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…..

  8. If everything Sean says is TRUE? He must be SOOOO WEALTHY ……why would he even ‘bother’ with this web soliciting?!!!

  9. Dan Thomas says:

    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.

  10. Spanman says:

    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

  11. ed morgan says:

    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.

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