The Precision Profits System

By wealthynow, March 25, 2016

I got an e-mail from Stansberry again to watch a video about The Precision Profits System that guarantees profits and has 2 guarantees – 1. Get your money back in 90 days
2. If you don’t have 12 100% winnders in the next year you get another year for free.
They will have the video up until Sunday and will only take ”800” subscribers. They say it’s normally $3,000 but now is $1,495. They use Options on 50 stocks. I have signed up for many trade alert systems – Options, ETF’s and stocks and have lost money. $1,495 seems like a lot especially since I’m in Canada and the exchange rate would make it cost about $2,200. The link is: http://pro.sovereignsociety.com/CTA1495EXT/LCTAS339/?h=true
Has anyone heard of them before and what do you think of this potential service – is it just more hype? Thanks for any feedback

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

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SoGiAm
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Weathynow, Get you $$$ back a.s.a.p. is my advise. Join Stockgumshoe.com Premium annual membership at 13 1/2 cents per day πŸ˜‰ The very best investment decision I have ever made. The Precision Profits System reviews: http://www.stockgumshoe.com/reviews/precision-profits/ , http://www.stockgumshoe.com/2015/12/microblog-sovereign-society-precision-profits/ In the ‘Search’ box type in ‘Precision’ and review many comments here at Stockgumshoe

SoGiAm
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Author: FRANK ELLISOR Comment:
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http://www.stockgumshoe.com/reviews/oxford-club/whats-oxford-clubs-42-4-billion-consumer-rebate-program/comment-page-1/#comment-4744447

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sheldon hershkop
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sheldon hershkop

I was intrigued by the preceding comments and did some cursory exploring of the service. It appears that the recommendations are triggered by predictions of weqther changes esp ‘polar vortices’ which appear to influence stock movements. All well and good(assuming it’s accurate) ,until everyone else figures this out.

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dmontieth
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dmontieth

I started investing Precision Profits recommendations on 4/1/16. So far I’ve invested or attempted to invest all 10 of their recommendations. Two were sold before expiration at a -20% and -70% loss, 2 did reasonably well but quickly took off and their recommended limit order was quickly surpassed so my options were never exercised and the other 6 are are still active but thus far are yielding: -12%, -12%, -76%, -29%, -7% and +11%. All 6 don’t expire till this Sept or Oct so there’s still plenty of time to respond more positively. You must be able to immediately place… Read more Β»

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dmontieth
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dmontieth

So here’s an update on my Precision Profit account as of 7/28/16 – after 4 months into the Plan: -98%, -81%, -24%, -76%, -69%, -50%, -59% for a total loss of 65.3% loss. There was one Call option, FIZZ that was up over 100% but it quickly surpassed their limit order so I couldn’t get in. All of the other options were Puts and most don’t expire until Sept. or Oct.

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dmontieth
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dmontieth

I finally bailed out just before their extended guarantee ended and they did return my $1495. My results were basically the same as my July 29th report. But a week after I bailed Hurricane Matthew came roaring along and I’m sure PP recommended several buys since that is their specialty. If anyone is still in I would be interested in knowing who they recommended and how they did.

dave
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dave

I was engaged in the Precision Profits service for 3 months and my portfolio went down and down and down. Jeff’s opinions were losers for me. I followed his advice and my portfolio continued to drop, until I eventually sold all my positions. On the day I sold all the positions recommended to me via Precision Profit, my portfolio realized it’s first gain in months (I was making money on other investments, but the losses from Precision-Profits-recommended-trades were overshadowing any other gains in my portfolio.). To their credit, I was given a complete refund for my membership, but that didn’t… Read more Β»

daniel
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daniel

I’d like to know as well. Sounds too good to be true and the are peddling it too hard.. so I am not biting unless I can find some real review.

cyclestar
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πŸ‘7
cyclestar

Signed up and traded recommendations for 5 months. Lost thousands. The service was so bad that they extended the 3 month money back by and extra 3 months to try to let you ‘recoup’ losses. The extra 3 months was no better. Also had a rude support person when I asked for my money back. I did get it back, that’s the good news. But still lost way more than other services I have tried. Avoid.

RTZ
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RTZ

You have to ask yourself, why should this system cost so much of your money? If the system is delivering 1600% or even 30% reliably, THEY WOULD NOT NEED YOUR MONEY, hedge funds would be dumping billions into it. As someone who has worked at hedge funds for years, investing in Options is extremely risky likely to lose because options are extremely complex derivatives require good understanding of the math behind and and more importantly how to read and understand the option specifics. i.e. the Greeks (Delta, Gamma, Theta, Vega, Implied Volatility etc.). You cannot trade options successfully and should… Read more Β»

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swing trader
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swing trader

They should win an Academy Award for acting so convincingly in hyping their product!