written by reader precision profits

By EDUARDO, November 11, 2015

Is this new service a scam?

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John Craig
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John Craig
January 29, 2016 7:56 am

To answer your question as to whether Precision Profits is a scam, I’d have to say, YES it is. Personally I found it to be unreliable, unprofessional, and just short of fraudulent.
Jeff Opdyke professes to have a unique trading strategy based on weather conditions, market anomalies, and a broken crystal ball. He makes wild assumptions on stocks and then leaves you to try and second guess where the price will end up. If he guesses right, he’s a hero, if he guesses wrong, his motto is; win some, lose some. I’ve never before subscribed to a newsletter where the analyst didn’t have a stop loss plan in effect before the stock collapsed. Mr. Opdyke will take you to a 99.9% loss before acknowledging he made an error in judgement. You want a great analyst you can count on, look at Porter Stansberry and/or Robert Williams.

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emily corradino
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emily corradino
February 15, 2016 6:35 pm

I saw their ad and it looked promising.. the say the will give you a full refund if you are not satisfied and they guarantee 12 stocks to gain 100% or they will give you your money back and the second year free, cost $1495.00 for the year. is this true???

Tim Walbridge
Member
Tim Walbridge
March 20, 2016 7:17 pm

Hi – I can’t speak to Precision Profit System or Soverign Society specifically, and I have, from time to time, read criticisms from people who have had difficulty getting refunds from various publishers, services, etc. However, I have subscribed to many publications (Dent Research, Stansberry, The Oxford Club, etc., etc., etc.). Some I have kept and even renewed, others I have canceled, and some are too new to rate. Every time I have canceled {whether a modest amount ($49.00, $79.00, whatever) or a larger amount $1,400, etc.), provided I canceled within their contract terms (I require a minimum of 90 days or I won’t subscribe to anythi