Paul MampillyHe is asking $3000 for a membership saying it will turn $10,000 into $100,000 within l year with 3-4 suggestions per month. Your thoughts please.
I have been in the markets for many years.
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I watched the thing too, and was disappointed to see that $3000 price tag to get 5 risky stock tips. Paul M does seem smart, I do have his profits unlimited subscription, and love the reasoning that he gives for his picks, so I do want to know the precision medicine play.
I’m trying to use the clues in that presentation to figure it out:
–Close to a $25 per share price (maybe less, but the closest i’ve seen so far is one at $29)
— Market cap between 150MM and 5B (my hunch which I have no confirmation on is $1B)
— The C-Levels have filled out form 4’s increasing their stake by 100% over the last year
— Consistent Sales growth over the last few years
— Roecsh may have invested in this (dont know if it’s this stock or the precision medicine industry he was talking about in the summit).
— It should be one of kleiner perkins caufield and byers plays (if he is talking about the specific stock rather than the industry).
Anyhow if anyone cracks this nut and figures out the stock, I’d like to know.
NASDAQ:RGEN is what I’m looking at now, but am not sure that this is it.
If tits on price, market cap, and form 4:
http://www.nasdaq.com/symbol/rgen/insider-trades/sells
Plus they had a bit of a spike in volume at the end of day Tuesday, when he announced whatever he announced in that $3000 book.
All of that said I’m still not convinced enough to throw money at them, but if anyone finds out what this precision medicine play is, I would love to hear it.
Then it stands to reason that it’s not true, this is the same strategy that all, ponzi schemes use. Bernie Madoff, used it to great effect, it works by using the human element that is hard to control, greed. Even if we know for a fact that few companies can promise returns of 1000%. Or in this case turning $10,000 into $100,000 thousand, we know that just doesn’t happen. Rarely will you get 18% return on any investment. That isn’t to say that it never happens, it has but usually over the long term, Microsoft is a good example, had you invest $2,000 at their IPO, you would have enjoyed 9 stock splits, and now be a multimillionaire. Use common sense, if this person is promising something too good to be true, it probably is. Ask for evidence that can be corroborated through their SEC filings, or go to EDGAR, which is part of the SEC you can look up companies, and individuals.