written by reader Performance of Mampilly’s “True Momentum” and “Extreme Fortunes” Premium Newsletters

By patchman, September 16, 2017

I would like to hear from some of the brave souls out there that invested in these two newsletters by Paul Mampilly. I subscribe to his flagship newsletter ”Profits Unlimited”, which I highly recommend to everyone, but have held out on the other two that are much pricier. Specifically, I would like to know his batting average of winners versus losers, and is it paying for itself many times over? I’m not wanting to get his picks for free, but simply want to know if a subscription will be a good investment. Thanks!!

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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jackbob52
Guest
jackbob52

Ditto just say’n. I’ve been saying the same for awhile now and have posted as such. It bothers me that Neither Mampilly nor Banyan Hill has taken accountability of the dismal performance of EF and yet they unabashedly continue marketing of their products ad nauseum.

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Just Say'n
Guest
Just Say'n

Right on JackBob. The latest is the crash proof take. So misleading from Banyon Hill. They use All of the other Analysts to promote National Enquirer banter they discredit themselves.

jackbob52
Guest
jackbob52

Lots of sell signals yesterday. The premise was profit taking. PU and EF had a total of 6 sales recommended. Kind of odd since sell recommendations up to this time have been few and one at a time. Still waiting for just one 1000% winner.

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Hank
Guest
Hank

PU’s email timing was very suspect….actually there is no suspicion necessary.

I got the email to sell with 90 seconds to go in the trading day. I tried to get to my position as I was at my computer but too late. Cost me $2 bucks per share the next day.

Note: the PU “portfolio” includes a fill on the day when NOT ONE OF US had a chance to get filled. Not nice. Not honest.

I’m beginning to wane on this whole thing. I can do just as well on my own.

Just Say'n
Guest
Just Say'n

Right on Hank. BH will pad their numbers shamelessly. I’m not retired so I relied on “expert” advice for price. ( Pun intended). Learned the reality the hard way.

EFtrader
Irregular
πŸ‘104

I think all the selling from Paul is an attempt to make his numbers and winning % look good on his portfolios. A couple of EF sells were really shocking to me since he was so 100% ABSOLUTELY sure about them just weeks ago!

Hank
Guest
Hank

I’m discerning that Paul is no more confident than I am. He’s not the only one. I do a lot of reading. Goldman Sachs is all over the map. Ray Dalio–the manager of the largest hedge fund in the world–has done a 180 within the last nine days. He explains WHY the stock market’s thrust is troublesome (see/read website: Zero Hedge). If Ray is correct and, for now, I think he is, then we have a longish 2-5 month slog ahead of us whereby only the best picks advance. Net on net all portfolios will be down. In other words,… Read More Β»

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Lammaster
Guest
Lammaster

Hey EF trader. what were his EF sells? I am a TM subscriber and FYI… there was a sell recommendation for THO, CGNX and USG.

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EFtrader
Irregular
πŸ‘104

Hey Lammaster, I really don’t like to give out and talk about trade picks openly on an open discussion forum. Email me EFtrader2017@gmail.com and I will let you know. And yes, I am well aware of TM sells on THO, CGNX, and USG. These are just perfect examples of why people should not just follow Paul blindly. If I followed him and sold the EF picks on the day he recommended, I would have lost big. Most of his recommendations to sell are actually bad calls. Look at Lowes from PU and USG from TM. People lost money on USG… Read More Β»

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EFtrader
Irregular
πŸ‘104

Write to them and complain about it. I did! Even if it absolutely does nothing, it still puts the pressure on them and let them know that we are frustrated. Don’t expect them to do anything on their own good will!

Just Say'n
Guest
Just Say'n

Did that months ago. Got the minion so twisted he hung up on me.

wizard1786
Irregular
πŸ‘12

Signed up for Profits Unlimited then cancelled. Did not really deliver as advertised but sent me a lot of tickler emails to sign up for more services.

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Lammaster
Guest
Lammaster

DO you guys know what stocks did PM wanted to SELL from EF…?

A Shah
Guest
A Shah

LAMMASTER , Email me on ashukd@hotmail.com and we can discuss more. He said to sell BPMC and COGT

A Shah
Guest
A Shah

Can anyone Share TM pick for Feb 2018

Lammaster
Guest
Lammaster

Ashukd.. I will email you and we can share

A Shah
Guest
A Shah

LAMMASTER, I did not receive an email from u. Please do so

guest777
Guest
guest777

Does anyone have the list of TM & EF stock picks from 2017. I want to see how they performed before I take membership for one of them.

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Johnny
Guest
Johnny

I am thinking about paying for true momentum or extreme fortune…
Would some one please share there thoughts…

Thank you so much…

mmatfess
Guest
mmatfess

I wrote this on another thread (No one read it). (Don’t know why…) It’s a month old, but was a pretty detailed review with real numbers https://www.stockgumshoe.com/2018/03/microblog-results-mamphilly-newsletters-real-numbers/

jackbob52
Guest
jackbob52

Very nice analysis especially about the funny math that is used. Comparison to S and P 500 benchmark put the numbers into perspective. As I have also said, the continuos marketing blitz by Banyan Hill is excessive and cheapens their company

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Just Say'n
Guest
Just Say'n

Cheapens is an understatement Banyon Hill has earned a zero credibility ranking. nautious marketing based on fuzzy math.

jackbob52
Guest
jackbob52

I bought Extreme Fortunes at its inception and have been with it over a year. No thousand percent winners, not even close. They gave me a second year no charge as promised. A number of recommended buys resulted in sell recommendations some within a few days. Would not recommend this service at this time. Very expensive.

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Just Say'n
Guest
Just Say'n

Unless you are on a long term plan EF is nowhere near what it was advertised to be. Mampily absolutely failed with Extreme Torture. I’m

Peter Fanuele
Guest
Peter Fanuele

Didn’t he just come out with another internet of things pick after his pot pick?

mmatfess
Member
πŸ‘33

His most recent podcast/email greatly exaggerates true momentum’s results. All credability out the door… I’m still making tons of money off his picks, but all trust is out the door with him. They use ridiculous math. A shame really, since his results (in True Momentum and Profits Unlimited) really are good. Just not as good as they claim.

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Lammaster
Guest
Lammaster

Hank / Travis,

based on your experience, is it time to reduce position in FMI ?

Thanks

Hank
Guest
Hank

Lammy, I’m going to say no. First, for me, I got in early on Day 1 with a healthy position of 700 shares, adding another 400 later. FMI’s problem is clearly one thing: they don’t make money. Now one might ask why worry about money as NO biotech makes money? Well here is where there might be a rub: FMI has it’s product approved. They got the goods! They have been through two quarters (now) just meeting expected losses and at some point the investors are going to ask management, “You know, if you don’t make $$, what difference does… Read More Β»

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Lammaster
Guest
Lammaster

Thanks Hank.

Travis Johnson, Stock Gumshoe
Admin
πŸ‘15120

Have never owned it, but the financials don’t look particularly compelling unless there’s a surge of revenue growth coming.

Lammaster
Guest
Lammaster

Thanks Travis

mmatfess
Member
πŸ‘33

I am now at the 1 year mark of paying for True Momentum, and just over a year in Profits unlimited. TM didn’t make it outrageous gaurentee about results, so I called and got 1 year free, no hassle what-so-ever. I did renew Profits unlimted. Quick Recap: I take each stock pick he gives (both newsletters) and go in with about an equal-ish weight. I compare it to what would have happened if I just did an S&P 500 ETF. For TM, in one year I’ve acheived a 37.5% return. That’s roughly 7X what I would have gotten with an… Read More Β»

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TaMoKi
Guest
TaMoKi

Paul Mampilly is NOT Paul Mampilly! The true face of Paul Mampilly was revealed when he brought a subordinate assistant to manage two of his services. While I have no prejudice against a novice trying to attain a footing in the highly competitive stocks industry, it is your capital which is at stake here. Not everyone is born to be a money manager, and certainly not everyone has the art and skills necessary to manage other people’s money, particularly when they lack adequate management and communication skills. If Paul Mampilly himself is barely adequate for his job, this subordinate would… Read More Β»

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Mmatfess
Guest
Mmatfess

I’m trying to follow your post, but I’m a bit confused. To my knowledge Paul has three newsletters, profits unlimited extremes fortunes and true momentum, and I don’t think any of them trade options. Which newsletter are you talking about. ALso, how do you know if a newsletter is being managed by someone other than the person whose name shows on it?

Thanks.

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