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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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michale
michale
September 17, 2017 11:52 am

I have subscribed to all three of Paul’s newsletters. I agree and recommend Profits Unlimited well worth the money.
I Subscribed and Unsubscribed to True Momentum there was one very good recommendation but I had already invested in it from a prior recommendation from MF Stock Advisor.
I am very curious about the new recommendation out now to reel in new subscribers. I would appreciate any information about this stock.
I have now subscribed to Extreme Fortunes new portfolio since February. The portfolio consists of lower priced equities. By and large the portfolio is doing very well.
13 stocks =
1 stock closed out for a loss of 15%
3 stocks down on a average of 20%
9 stocks up from 2% to 81%
overall up 13.9%

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z zeb
z zeb
September 19, 2017 4:32 pm
Reply to  michale

thanks for sharing. I am thinking about true momentum, any feedback would be appreciated.

Just Say'n
Just Say'n
September 19, 2017 5:08 pm
Reply to  z zeb

First pick was NRG which I sold for about a 60% gain in a few months. I’m an EF member with about a 5 year outlook. I believe it’s a solid service. Got the TM pick from a bud. Others can comment how it’s done from there.

Mampilly is claiming some huge pick for tomorrow but Banyon Hill is guilty of this type marketing for any of their services.

Sabrina
Guest
Sabrina
January 17, 2018 11:22 pm
Reply to  Just Say'n

I am new to all of this investing in stocks and I have very little money after my monthly bills are paid. I”m trying to break the living paycheck to paycheck mode. I am quick witted and have a great IQ but my family couldn’t afford to send me to college. I tell you all of that to ask you this. If I had to save for half a year an use my income tax return to invest in TM program do you think it would be a wise decision or is it something I need to make a bit more with profits unlimited before I play with the big boys. (ANY advice would be welcomed.)

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Hank
Member
Hank
January 18, 2018 12:18 am
Reply to  Sabrina

Taking your words at face value don’t even consider spending $3,000 for advice. TM and EF are not for you.

Or for me.

PU will fit your needs fine. Also, try reading Barron’s the next three weeks for the cost of 3 bucks an issue (Saturday weekly).

The Roundtable advice there , although frankly not spectacular the last four years(!) is free and, at least, food for thought.

The thing that not a single guru in the world EVER explains to their followers is psychology and proportionment. Two things that are as crucial as any genius advice.

Really most investing skill comes from experience and you best get some first.

For example, let’s pretend: I could give you the best pick in the world but think about it: What good would it do for you?

You would never know it was genius advice at the time. Maybe you’d buy 100 shares. Hence, the greatest tip ever would go largely to waste.

Do not spent money on commissions. PU has 100,000 “members. ” Paul Mampilly will probably not betray that following.

That P U portfolio is just fine for all of us.

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Rich Hoffman
February 2, 2018 7:05 pm
Reply to  Hank

I totally agree. Profits Unlimited is a real bargain, I’m already ahead by $1,200 since subscribing two months ago. I also subscribed to Bill Spetrino’s newsletter The Dividend Machine, that cost about the same, but doesn’t give near as many stock recommendations as Mampilly does. He averages a little over 1 stock per month.

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SoGiAm
January 18, 2018 4:23 am
Reply to  Sabrina

#Sabrina, Join StockGumshoe.com save your money and purchase some #Quality stocks with your savings. StockGumshoe is my only premium subscription and worth 10x+ what it cost! Thanks Travis, #ZKSS and #Gr8Gummunity! #Best2ALL!

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mmatfess
January 18, 2018 11:28 am
Reply to  Sabrina

You’re probably going to get a lot of advice on this one, but reading your post I want to clarify a few thoughts…. 1. If you are living paycheck to paycheck, putting money in the market to improve that is not so much “Investing” as it is betting. So if your plan is to put $10,000 in the market with a 10-15 year horizon, then there is one course to follow. (Invest) If your plan is to put aside $10,00o and have it pay your back something every month, there is another path to follow. (Invest in a dividend stock) And if you are looking to invest $10,000 with hopes of getting in and out of stocks constantly, that’s a 3rd road. (that’s called betting). None of those roads (for you) are reasons to sign up for any newsletter. If you are a small, single investor with limited funds and limited ability increase those funds, I’d find a low cost ETF (like one that follows the S&P 500) and set your money there. (I like IVV). If you are looking to have your money make money, finding a high dividend ETF might pay 4-5% per year with some stock price increase maybe. Or search out a higher paying REIT that might provide as high as 8-10%, but know there is risk and you might see the stock value decrease over time. Lastly, if you are a betting man, find a few stocks you like, go all in (on 3-4 so you spread your risk) and take profits as you see fit. (this last one might be bad advice…I really am not that kind of investor). Don’t pay for a service that promised ‘get rich’, you wont. I’m mamphilly’s biggest TM fan, but he’s on a run right now, and that run could end. Also, he’s the first person to say don’t go all in on one of his stock picks. If you have $100,000, then maybe paying $2000 for advice makes sense. But even Profits Unlimited at $49 isnt going to make you rich….It’s just gonna grow you a bit faster than the S&P (Maybe). Final note: You’re gonna see a lot of informaiton about buying options and getting rich in Penny stocks. 80% of options lose money, and penny stocks are as much a gamble as a trip to vegas is….

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Sabrina
Guest
Sabrina
February 13, 2018 10:20 am
Reply to  mmatfess

Thanks, I really appreciate the way you broke this down. It makes perfect sense to me. I’ve done a lot of reading since my original post and I get why ETF’s might be the way to go and maybe invest in a few others and cash out as I see fit. For the long haul I’m going to look at the ETF options and mutual funds I believe. I’m learning a lot from you all and I hope to create a diversified portfolio very soon. One building block at the time. I’m doing better financially and paying off all my debts as I try to build a fund for retirement. THANKS AGAIN, truly it means a lot.

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Rich Hoffman
Guest
Rich Hoffman
January 27, 2018 3:06 pm
Reply to  Sabrina

I have done well with the inexpensive Profits Unlimited, subscribing 6 weeks ago. I made the mistake of subscribing to Mampilly’s two other news letters. He sent me an email today, offering me a lifetime subscription. He gave showed part of a letter showing a customer making a $6,000 profit in just eight months. Mampilly doesn’t mention any of the numerous other letters he must receive from other subscribers. What galls me, him advertising that True Momentum has a gain of 325 % . None of the gains for the 13 stocks stocks that he has recommended show a
gain over 91.5%, and many of the others are less than half that percentage. It’s difficult to determine what the yearly return is, because twelve stocks were recommended at different times last year. Mampilly has only made one recommendation for this year, and that stock only has a mere 0.32% gain. Be careful when you subscribe online. Banyan Hill charged me for a lifetime subscription to Profits Unlimited, that I was able to change to a $100, yearly subscription. when called them up. I had assumed I could get a refund when I subscribed to the other pricey newsletters, but
I was wrong. Lots of luck with the Profits Unlimited, if you decide to invest in that newsletter. Many of the stock picks from Banyan Hill Publishing and other companies selling stock recommendations are discussed here on Stock Gumshoe. If I had know about this website, I’d never have spent $5,300 for
True Momentum & Extreme Fortunes. I have been
fortunate to have made a realized profit of $1,500 from Mampilly’s stock Picks in the two pricey newsletters.
I am losing a net unrealized loss of over $1,000 from
the stocks I haven’t sold. I don’t expect to make near enough profit at the end of the year to cover what I paid for the subscriptions. Mean while Paul Mampilly says the model portfolio has a gain of 325 per cent. I
wonder what kind of “pseudo math” he’s using. Paul’s
a well educated man, with a tremendous success record while working in Wall Street. He’s an excellent
writer, who clearly explains all his reasons for recommending a stock, but you have to be cautious
about interpreting what the overall gain actually indicates. He also offers his views on manipulations that cause stocks to dip in price. He tells us not to panic. We should hold onto the stock, until he recommends it time to sell (it’s up to each investor whether they follow all of Mampilly’s advice). I’ve read many posts here, that said they did much lot better when they selected what they thought were Paul’s best picks. I did just that with Profit’s Unlimited, and I have a realized gain of a little over $1,000, with no unrealized loses. Maybe I should stop while I’m ahead.
I find stock trading to be very exciting, even when I lose a few thousand dollars on stocks I picked out.
Mampilly is far more capable of selecting very good companies to invest in, than I most investors can ever hope to be. He also offers a wealth of information in
the medical and scientific sectors the I never came across of when searching the web. Stock trading will require a good deal of your time, and patience, if you expect to make a good return. Read through some of
the posts, and you will be able to get somewhat of an
idea of what to expect from investing in stock investment letters. Have a good year.

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michale
michale
September 19, 2017 5:40 pm
Reply to  z zeb

I like the extreme fortunes, focusing on long term/ high return, less expensive stocks. Buy and forget for awhile.
I think True Momentum is focused on large caps breaking out, just wasn’t performing well for me for the subscription price.
I’m relying on SG to sleuth TM new pitches.
I picked up a servicetip from here by jyoung007.
For the subscription price $20 a month, I think CML Pro is very impressive, it is technology oriented.

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Just Say'n
Just Say'n
September 19, 2017 5:48 pm
Reply to  michale

Agree with Michael. EF has been good and should deliver great results in the upcoming years. Naturally curious about the highly advertised Mampilly pick due out tomorrow (9/20). Hoping Travis can bust the mystery promising huge gains.

chuck0815
Member
chuck0815
October 1, 2017 8:42 am
Reply to  Just Say'n

@Just Say’n, could you let me know “EF has been good…” what is EF stands for. I’m a rookie to this stock thing.
Thx.

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Just Say'n
Just Say'n
October 1, 2017 11:47 am
Reply to  chuck0815

Chuck – Extreme Fortunes.

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Rich Hoffman
Guest
Rich Hoffman
January 27, 2018 4:28 pm
Reply to  z zeb

Do not be mislead by the 325 % gain Mampilly comes up with. That figure is the addition of his gains & losses. It is not an indication of what to expect as a yearly percentage gain/loss if you invest in all
13 of his recommendations. I’ve made a realized profit of a little over $1,000 investing in Profits Unlimited stock picks since I subscribed 6 weeks ago, but I haven’t been doing well with his other two newsletters, that I subscribed to 5 weeks ago. I made $2,000 when
I sold some of my shares, but I have an unrealized loss $1,500 from
the ones I still hold. If all things remain the same for the rest of the year, I might come out even. It costs me a total of $5,300 for the
newsletters True Momentum & Extreme Fortunes. I would suggest
that you make a practice portfolio for a few months, to see if you show a net gain or loss. I wish I had done that. I had expectations of the pricey newsletters being as good, or even better than the inexpensive Profits Unlimited. Mampilly said the price is for all their newsletters are being increased. Banyan Hill’s attempting to get subscribers to sign up for lifetime subscriptions. Take care.

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jillsami
December 26, 2017 3:33 pm
Reply to  michale

I had read posts saying that both True Momentum & Extreme Fortunes were nonrefundable subscriptions. I’m subscribes to them as well as to Profits Unlimited. I’m not able to invest enough money in the stock picks listed in
the two pricier subscriptions (TM &EF) to recoup the $5,300 I paid. Hopefully, I can get my money refunded. So far, I’m doing quite well with the all the PU stocks I invested in since subscribing 11 days ago.
bought as a result

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Hank
Member
Hank
December 27, 2017 7:11 pm
Reply to  jillsami

Jill, I think if you are 84 you should have known better. I highly doubt Banyon Hill/Mampilly will be giving you your money back. I am truly sorry. Please take care of your money from here on out, and ask questions beforehand before you use a credit card again.

For any purchase.

Services are RARELY refundable, Jill. Besides, you have seen all the picks….why would they let you (NOW) get your money back?

Take care Jill. And be patient with the picks you have chosen and get out of them when told.

I wish you better luck.

Rich Hoffman
February 2, 2018 7:19 pm
Reply to  Hank

Sad to say Wisdom does always come with old age. There are
often young children that talk more sense than us old folks. My name is Richard, not Jill. I’m an old codger who plays around with trading stocks willy-nilly since my beloved wife died, after we were married for 43 years. She never had any interest in stock trading. My only experience was reallocating
the money that I had in my 401K account, back when most stocks were doing well. There was no charge at first. Take care.

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Investor Clouseau
Investor Clouseau
January 18, 2018 12:20 pm
Reply to  michale

$humble advice

Investing in cheap stocks looking for huge amounts of growth is, as mentioned here already, pretty much gambling. Tinkering around with things like options on a very limited budget (something I’ve done in the past with “mad money”) doesn’t allow you to buy enough different positions to catch enough of the rare big winners and more than cover the many assured losses.

If you decide to go the boring but more-or-less tried and true route of long term, sturdy, usually dividend paying stocks then my advice (and something I still mentally struggle with) is that you don’t need to buy huge positions (1,000 or even 100 shares) at a time. If a stock is $50/share don’t get hung up on only being able to buy 4 shares if all you have is $200 to add to your portfolio at the time. To me, initially it always seemed like a much better idea to buy 100 shares of a $2 stock in that scenario, and that just isn’t true. A few people here have explained it as $200 going up 10% is the same whether it’s spread across 4 shares or 400 shares.

There’s quite a few newer investing apps that can (if you enable recurring auto-deposits) function similarly to a 401k. I downloaded and experimented with the Stash app, it doesn’t give you the flexibility of an online trading account, but it’s educational to experiment with and I think the 30+ funds they let you choose amongst are decent. I’ve set mine to ding me for about $15/week just to see where it ends up at in a year. I think Nerdwallet.com has a bunch of investing app reviews, and if you start small with something like that in a year or two you could cash out and maybe fund a fully capable online trading account and start your portfolio that way. You could get a debit or credit card that give cash back and use it for EVERYTHING, if you can manage that without running a balance it’s like getting a ~2% discount on literally everything you buy and bills paid. Then at the end of the year put that money some investments.

Just kind of spitballing advice here, might be worth checking out Investopedia.com too, they’ve got a great stock simulator that’ll let you open and experiment with fake money in the real stock market setting. It’s an informative website, and it can also curb being over eager and riskier trading if you follow along for a bit and realize what pans out and what doesn’t.

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Rich Hoffman
February 2, 2018 6:53 pm
Reply to  michale

A 13.9% gain is much less than the S&P 500 Index that was up +18.78% in 2017.
If you include dividends being reinvested it’s up +21.14%. If you include what you paid for Extreme Fortunes it doesn’t pay to invest in his Mampilly’s pricey newsletters. Profits unlimited is a real bargain, but not the other two. I’m subscribed to all three, but regret that I spent $5,300 for True Momentum and Extreme Fortunes.

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Short term trader
Member
Short term trader
September 17, 2017 7:02 pm

How about also including the subscription called Earnings Drift Alerts (EDA). The phenomenon of post-earnings drift (PED) has been studied academically. You can find such studies by internet search. In general there is an observable phenomenon of unexpected good earnings causing the stock to “drift” higher even after an initial rise after EPS data is released. The opposite is observed from unexpected bad earnings. Anyone find the EDA subscriptions worth the price cost?

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michale
michale
September 18, 2017 8:38 pm

I transferred the subscription money from Earnings Drift Alerts to Extreme Fortunes. Chad had some good picks and he really talked those up but for the bad calls which were about as plentiful, he had no mention and I stayed too long. If you develop good trade management rules it could be worthwhile.
I still have projects to oversee and I needed to get out.

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dannynmoney
dannynmoney
September 19, 2017 9:29 am

profits unlimited gave a decent reco on stm microelectronics, any info out thier on a sell alert

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michale
michale
September 19, 2017 5:41 pm
Reply to  dannynmoney

still in portfolio.

amdeist1
Member
amdeist1
December 30, 2017 3:19 pm
Reply to  dannynmoney

Stm still has a 9.6 very bullish rating on Fidelity, with three major analysts recommending buy. It is also one of the Internet of Things stocks, along with INTC which bought Mobileye, Altera and Movidius, TER for buying Universal Robots, and others.

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jillsami
February 2, 2018 8:53 pm
Reply to  amdeist1

I have a lot of faith in Fidelity’s ratings. STMicroelectronics now has a 9.2 equity rating, and is rated very high in every category. They say it’s very undervalued.

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PU sub
Guest
PU sub
September 20, 2017 4:20 pm

I have observed that the MORE expensive the subscription service, the more meh it is.

jillsami
December 26, 2017 3:57 pm
Reply to  PU sub

I had to look up the meaning of “meh”. I think Profits Unlimited is well worth the subscription price. Paul’s other newsletters are much more expensive. It will be difficult to make enough gains to recoup the $5,300 subscription price for True Momentum & Extreme Fortunes. I was considering cancelling them both, until I considered the “excitement” of investing in companies that are
more interesting than those held in the Mampilly’s PU portfolio. I have been
taking “uneducated risks” for the past few years., and I feel it behoves me to pay for an expert’s guidance. I’ve tried to decide which of the expensive newsletters to cancel, but they both interest me, so It looks like I’ll continue to speculate using the services ob them both. I’m an 84 year old widower, and trading stocks has become a full time endeavor since I found myself with lots of time on my hands. My losses have exceeded my gains thus far. Hopefully that will change adhering to Paul’s excellent advice. Meanwhile I’ll be enjoying keeping active.

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Raj
Guest
Raj
September 21, 2017 2:31 pm

Does anyone has a guess on Paul Mampillys Alert from yesterday ?

PU sub
Guest
PU sub
September 21, 2017 6:10 pm
Reply to  Raj

If u r asking about the reveal on 9/20/17, people r saying it is PCOM.

Short term trader
Member
Short term trader
September 21, 2017 7:54 pm
Reply to  PU sub

Beware that PCOM trading volume is a few tens of thousands shares per day. That is pretty light.

sunglobes
sunglobes
September 21, 2017 8:41 pm
Reply to  Raj

@ Raj…..The True Momentum pick by PM released at 11:00 PM EST on 9/20/17 was NTNX (Nutanix)

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Just Say'n
Just Say'n
September 21, 2017 9:14 pm
Reply to  sunglobes

PCOM was an EF pick a few weeks ago. Typical EF pick basically illiquid at this point.. Mampilly likes it that way for entry waiting for institutions to take notice. They ultimately drive the price and volume up. He hasn’t hit a home run with the service yet. Meaning it won’t hit a 1000% gain within a year. Not a show stopper for me as I’m in for at least the next 5 years.

Nicki
Member
Nicki
October 14, 2017 4:30 pm
Reply to  sunglobes

Any interest in sharing your True Momemtum service? I subscribe to Extreme Fortune and Profits Unlimited.

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Bill
Guest
Bill
September 27, 2017 5:15 pm

Extreme Fortunes has been very successful. I am up more than 30% on at least 6 of the recommendations. Those that pulled back substantially Paul put out sell recommendations on before they became too serious. I have earned back my investment by more than 5 times.

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Susan
Guest
Susan
October 5, 2017 2:19 pm
Reply to  Bill

Bill, what would you say would be a decent size starting capital to invest in EF picks? The subscription is $3k so to make it worthwhile, the returns have to be significantly higher than that. I was very unimpressed with the entire EF marketing play and call customer service when trying to learn more. Both phone reps I spoked to, I asked about current YTD portfolio performance. They both said the picks AVERAGED 10% return and not the 1000% they are advertising. They wouldn’t give me any additional information, sample newsletter, or any thing that might help me make a decision other than wanting me to pay a hefty price upfront or 2x for a lifetime subscription! That’s insane and poor marketing.

~10% return of $100k portfolio would be about $10k return, minus subscription cost, you are net $7k which is like 7% YTD performance. Not impressed for lack of any additional details they could offer.

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mmatfess
October 28, 2017 1:21 pm

I subscribed to Profits Unlimited (started in Feb 17) and within a month my investment in one of the stocks (MBLY) gained 30%, so I thought Paul could do no wrong. So I spent a LOT more money on True Momentum, back in May 2017.
I track Pauls results against the idea of “What would happen if I put the exact same amount of money into IVV (S&P 500 ETF) on the exact same days as when I buy his stock recommendations”. I deploy an average of $6,000 per stock recommendation, and learned my lessson the hard way that when he says sell, I should sell (CMG! ouch…Down almost $90/share since he said “get out”). Since joining, with these parameters in mind, my Profits Unlimited Portfolio is up 9.1% as of today. Had I invested equal amounts into IVV, some days for buying and selling, I would be up 4.8%. For people that like “real numbers”, I am up over $12,000, versus being up about $6,500 if I had gone with a safe ETF. For the $50 or $80 I spent, I am pretty satisfied.

True Momentum: This was A LOT of money for me to spend on stock picks, I’ve done pretty well on my own in the past, but like I said, I had all that MBLY money saying “Trust this guy”.

Shortly after joining I saw that the “Model Portfolio” showed entry into 2 stocks back in February, before True Momentum was launched, which made me feel like they were trying to show gains that simply were not there. I called, complained, was told that those were from Beta stocks, etc, etc. But man it made me super paranoid. But I was beating the S&P at that time, and there is a NO RETURN policy on True Momentum, so I thought I have no choice but to let it ride.

Using the same bench-marking as above, True Momentum versus S&P, same entry/exit dates, same amount invested, the results have been quite good. My average entry is about $6,000, and I am up 21.6%. Comparing it to the S&P I would be up about 5.8%, or about 3.75 times the S&P Growth.

I’m considering Extreme Fortunes, because, despite all the fluff and crap in his news letters, I believe the guy is being honest when he wants his stock picks to succeed. The results speak for themselves. I hate the way Banyon Hill Bombards you with ads, and if you pay attention to some of the presentations you’ll see that numbers just dont add up often. I don’t trade options, or short, I buy and hold stocks. So despite my paranoia about back dating trades, or even showing lower than available entry points, I still think I made a very good investment in True Momentum.

Plus, based on the unreasonable performance gtd’s, I, along with all the subscribers, will be getting a 2nd year free.

Finally, to answer your last question:
True Momentum: 9 Picks (including Special Reports.
True Momentum: 2 closed positions at a loss: 23% and 7 %
True Momentum: 2 open positions at a loss. 3.8% and 6.5% (new entry)
True Momentum: 5 Open positions at gain. 37, 35, 67, 44, 24

Profits Unlimited (Joined Feb)
Profits Unlimited: 23 Picks* (see note below)
Profits Unlimited: 19 open positions, 4 closed.
Profits Unlimited: 4 closed positions. Losses of 11, 15, 6 and gain of 33%
Profits Unlimited: 1 Open positions where I said “I know better: Dumb! CMG
Profits Unlimited: 2 open positions showing a loss. 17 and 8%
Profits Unlimited: 16 open positions at a gain. Not gonna list, you’ve seen the total.

(Note on Profits Unlimited: I joined in Feb, and there was already a portfolio showing a number of stocks that I had been recommended months earlier. I bought in ‘late’, so my results are not as strong, and I only bought in the stocks I felt were still at a decent price.)

Wish there were an email method of conversing, since (can you tell) I am pretty detailed, and would like to hear the same from an extreme fortunes user.

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swing trader
Member
October 29, 2017 9:40 pm
Reply to  mmatfess

mmatfess,
Thanks for your experience. I also have PU and it is doing well. But I am on the trial subscription of the Alpha Stock Alerts ($95 for 3 months). It is not good at all.
It is a mechanical system of screening about 1000 large cap stocks and selecting the top 10 based on whatever their “backtested success” formula is. BUT 50% of capital is in a SHORT general market ETF which is losing money. The regular price is $995 of the year, but I’ve already canceled any auto-renewal feature. Since PU generates plenty of picks, I don’t feel the need to pay $$$$ for the EF, TM, Earnings Drift, etc subscriptions.

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Richard RF Hoffman
December 21, 2017 11:20 pm
Reply to  swing trader

The consensus, from what I’ve read from subscribers to all of Mampilly’s newsletters, is decidedly in favor of Profits Unlimited.
His other newsletters are far too expensive for most of us. I have
recently subscribed to all three nl’s, because I prefer having more recommendations to choose from, than what you get from PU.
I usually don’t hold onto a stock for very long, and since I don’t
pay commissions on 100 trades/month, I am quick to dump a stock.
I’m in my 80’s, and I’a anxious to see a quick profit. I’ve never been
a Day Trader (too stressful). Profits Unlimited is offered at a bargain price in order to entice investors to subscribe to newsletters that are
more lucrative for Paul Mampilly (not necessarily for the subscriber).
His new one , being offered to only 500 subscribers was offered to me for $14,000. If I was a young man, I might consider purchasing this service, because I have faith in Mampilly, and his ability to see the potential growth of companies that others fail to see.

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Rich Hoffman
February 2, 2018 7:27 pm
Reply to  swing trader

It’s very annoying the way they keep trying to get you to buy additional subscriptions, and to upgrade to a lifetime subscription, before the price goes up. Mampilly even tries to get you to buy one of Matt Baldiali’s newsletters. I guess all salesmen are alike.

Just Say'n
Just Say'n
February 2, 2018 7:51 pm
Reply to  Rich Hoffman

Totally annoying. Shameless and insulting. Mampilly/BH continue to try and sucker folk to pay stupidly. EF has ONE stock worth speaking of. Members are OWED a free year per the “guarentee”. A honest outfit would not be seeking money when the advertised promises have not been met. Subscribers are due a free year. Mampilly hasn’t delivered on a single pick to achieve a 1000% gain. Unfortunately he wasn’t even close to a single 1000% gainer. Based on the advertised promises EF is a colossal failure. lifetime membership for big bucks not happening in my camp

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jillsami
February 5, 2018 1:02 am
Reply to  Just Say'n

The writers of these newsletters go from place to place, therefore it’s not very likely that you will have the same writer for more than a few years.
There should be a clause in your membership agreement that gives you the option to remain with the new writer, or accept a prorated return of your money, if the writer is changed. There should also be lower “lifetime subscription fees” for older people like myself.

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Hank
Member
Hank
October 29, 2017 9:46 pm
Reply to  mmatfess

One of the best posts ever and I agree with everything you said.

I must say, though, its easy to discern who are the the good guys vis-a-vis the bad guys regarding the Banyon Hill characters. Excepting PM, everyone of the others knows little. I was a stockbroker forever and I remember a few of those shills decades ago saying the same things they are saying today.

BUY GOLD!

In any event, depending on your finances, age, and personal experience, $3,000 is sizable commission money to shell out, i.e. in the digital age.

Weighting the picks and experience are necessary even with the best human advice on the planet. In other words, here’s something you also know: It’s all about execution. Execution is up to us.

In other words, you have to know a little something yourself. All the best advice won’t help any of us if we can’t help ourselves.

I agree: we need to communicate better among ourselves and help everyone (maybe) in the process.

I can’t speak for EF members. From what I gather its not working yet. From what I believe, the picks have been intriguing and ones to jot down.

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Richard R Hoffman
December 21, 2017 7:49 am
Reply to  Hank

It all boils down to whether it’s worth paying “a sizable commission”.
PM was wise to get into writing about stocks, rather than risk the fortune he had made trading stocks. He’s still workings long hours (mostly from home). He’s making another fortune as a writer. I do not agree with him saying it’s to help investors who are not wealthy.
Only a wealthy person has enough money to invest enough to make it worthwhile to shell out thousands of dollars.

mmatfess
December 21, 2017 8:08 am

Wealthy is a relative term. Someone with 300,000 to invest could pay $6,000/ year to have their money managed, or pay a service like pm.

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Richard RF Hoffman
December 21, 2017 11:32 pm
Reply to  mmatfess

I totally agree with your comment about “wealthy”
being a relative term. I think Paul saves subscribers from a lot of hard work that’s required to find good companies to invest in. His information, if used properly by astute investors, is well worth paying for,
if you can afford shelling out a large sum of money.

jillsami
February 5, 2018 1:50 am
Reply to  mmatfess

The Motley Fool thinks an investor should not pay more than 1% of their stock investment for a newsletter. I think some investors would profit from allocating 2 to 3 times more than 1 % , because each reputable newsletter not only gives you their stock tips (that you should research further before investing in any of the picks), but they also help to educate a new investor, or possibly teaching someone with lots of experience, but very little success, a different approach to selecting stocks that have good potential. You may also learn about risks that you had never thought of.

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saintsfan
Guest
saintsfan
October 31, 2017 11:12 am
Reply to  mmatfess

can you post an email, or is it against rules? I’d love to chat with you. I have been a profits unlimited investor since January 2017 and I”m thinking of getting in True Momentum or Extreme Fortunes, but I’m concerned about the price.

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investor
Guest
investor
October 30, 2017 9:46 am

Great insights on the PU and TM portfolios, thanks much! I am wondering about the volatility of the PU vs. TM portfolios? I have the PU since Sept 1st, and it has done great when the S&P is flat or up but poorly (vs S&P 500) when the S&P is down. How do you think about the volatility of the two portfolios? Has anyone been tracking the performance vs. S&P 500 over a longer period to see how PU and TM do during down days? Thanks.

Mmatfess
October 30, 2017 10:16 am
Reply to  investor

I “feel” like both newsletters are more for the buy/hold Long horizon holder (1+year) rather than trading on volitility. PU seems less volitile than TM. But I’ve not measured it. Based on the growth of both v s&p though, in the short run they seem quicker to rebound.

One of his early stocks in TM (one of the ones I mentioned, tracked from feb, months before the newsletter started) had 0 growth first few months and has taken off over 3 months. (40%).

So if you’re an in and out investor, I’m sure this newsletter isn’t for you.

Also, it seems like all his recent picks gain 3-4% and then drop a few % before gaining again.

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investor
Guest
investor
October 30, 2017 1:13 pm
Reply to  Mmatfess

Thanks mmatfess, very helpful! I am a buy/hold investor and wanted to understand if the PU portfolio also beats the S&P500 during down days or down markets. Since I am past 60 yrs old, I want to take prudent risk on my investments and want to have sufficient downside protection. I chose PU because it felt like it would have less volatility vs. the TM, but don’t know if this is true or not. I will stay with PU for now and will look for additional insights from this blog to see if it makes sense to invest another $1995/year for TM stocks. Based on the TM newsletters, can someone summarize the % return TM is providing vs. the S&P500? The PU newsletter for Nov says that while the S&P500 went up 21.5% since June 2016, PU provided ~ 40% return in same time frame. Can I get similar numbers for TM? Thanks.

Swing Trader
Guest
Swing Trader
October 31, 2017 12:56 pm
Reply to  investor

There are plenty of stock picks on PU alone. I cannot imagine trying to buy even more recommendations from those pricey subscriptions.

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Richard R F Hoffman
December 23, 2017 4:23 pm
Reply to  Swing Trader

I just read a post that mentioned Banyan Hill was
considering tripling the price of Profits Unlimited.
Hopefully it is just a ploy to get subscribers to renew their subscription right away.

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MoonLight
Guest
MoonLight
November 2, 2017 7:55 pm
Reply to  investor

I didn’t want to say anything, but if you are 60 years old and want to take prudent risk, you definitely would want to stay away from Extremes Fortunes. It’s highly volatile and sometimes drops as much as 30% in 1 day. Almost half of Paul’s EF recommendations are losers as of today and some people are losing money like bleeding blood from it. Look at PI and KNDI. I just didn’t want older people like yourself to risk or lose their retirement savings from it! Banyan Hill Publishing will never tell you the real truth. They got no soul.

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swing trader
Member
November 2, 2017 8:42 pm
Reply to  MoonLight

I agree with the concern about the expensive subscriptions like EF and TM. (add Alpha Stock Alerts to that list.)

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investor
Guest
investor
November 2, 2017 9:30 pm
Reply to  MoonLight

Thanks much MoonLight, appreciate your insights about EF. I am still waiting for someone to answer my question about the return of TM vs. the S&P500 since its inception.

amdeist1
Member
amdeist1
December 30, 2017 3:38 pm
Reply to  investor

According to yahoo.com, TM started trading on August 18, 1976, and closed that day at $2.56 a share. As of the close of December 29, 2017, TM closed at $127.17 a share. The gain since inception is ($127.17$2.56)/2.56= 4867% gain. The S&P 500 closed the day on August 18, 1976 at $104.56. It closed December 29, 2017 at $2673.61. The gain for the S&P over the same time period was $2673.61-$104.56/$104.56=2543%. Tm was a better buy.

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Hank
Member
Hank
November 2, 2017 9:39 pm
Reply to  MoonLight

Moon, FMI and CRCM—picks 1&2–are spectacular.

The rest of EF picks from what I know not being a member, have taken a bite out of our wallets.

To be fair, I’ve owned Merck for the last 8 years. Look what it just did…. and Merck is likely to get worse.

There is no refuge. But given this fact, new issues are surely going to get clobbered after their initial run up.

Hence, be careful with ALL EF picks.

IMO, the # 1 reason FMI has worked is it is in Phase 2 of its IPO cycle…….and legit, to boot.

In other words, it probably is the company that leads in personalized medicine worldwide. AND it’s a stock that has already suffered getting hammered.

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MoonLight
Guest
MoonLight
November 3, 2017 12:22 am
Reply to  Hank

Hank,
FMI was down 8% the day before due to disappointing quartley earnings, then all of sudden it rebounded more than 20%, what gives? Trading is always unpredictable, despite what people tell you. Of course, Banyan Hill Publishing will tell people about the spectacular gains from 2 stocks, and not the 6 losses.
They will try to capitalize on every opportunity they can to squeeze more money out of you. I am sure all Profits Unlimited subscribers got the email asking for immediate renewal cause they are “seriously considering” tripling the price.
Speaking of them, JL Yastin is a devious sly old fox!!! I posted this message on other discussion threads to warn everybody:

JL Yastin from Banyan Hill Publishing is a sly old fox!:) Probably the most dishonest of them all. I found out that some of his recommendations such as SRCL and UAA bombed BIG TIME and people lost like 30-40% of their money from following him. What is really disturbing is he NEVER includes any “closed out” recommendations on his profile, so when you look at it, his recommendations and “gains” appears a lot nicer than what it really is because there are no losers included! He has the nerve to say that his profile is up over 14% because he knows when to exit, but he never include any closed out lost trades which I know there are at least 7.

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Dotty
Guest
Dotty
November 5, 2017 9:55 pm
Reply to  MoonLight

Dotty, I am 87 yrs old a widow, seeking knowledge.
Bad move! and True Momentum over charged my Credit card an extra $2000.00 when I called them tonight. The Federal Trade commission should chek this out. I cannot afford to lose their high fees not to mention the deceptive extra $1000.00 NOT APPROVED. I sent 3 emails to the address they gave me to reply and all 3 were return not send able to their web site. I will try to call the Federal authorities that is not right at all.

Swing Trader
Guest
Swing Trader
November 6, 2017 9:57 am
Reply to  Dotty

Dotty,
Call them and ask for refund. They have a toll free phone number. Also, if you keep the subscription, make sure you cancel any “auto renewal” feature which will charge you another subscription when the one you have expires. I advise EVERYBODY to do that.

Richard R F Hoffman
December 20, 2017 6:25 pm
Reply to  Dotty

Hi, I too am an elderly person (84 years old). My dear Mom never referred to anyone as being “old”. She used the word “elderly”. I’m writing this post because I appreciate learning that there are others , old like myself, who are stock
investors. I was impressed with Paul Mampilly’s newsletter Profits Unlimited, so I signed up for his other two, thinking I could cancel, if I didn’t like them. I didn’t realize how expensive they were. I just read a post here, that said Extreme Fortunes subscriptions are non-refundable. Good luck with your stock trading. This is an informative website.

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R R Hoffman
January 2, 2018 12:00 am
Reply to  Dotty

I’ve sent numerous emails and the only response I ever got was to inform that my the money I donated to an Education Fund for poor people was nonrefundable. I never mention anything referring to my freely given donation.
So far, I’ve been successful when I telephone them. Good luck.

Richard R F Hoffman
December 23, 2017 4:37 pm
Reply to  MoonLight

I think Paul Mampilly has spread himself out too thin,
in his quest to make as much money as possible. How can he possible do justice to all four of his newsletters ?
He has a great reputation, that may soon become tarnished, if he doesn’t watch out. Greed has been the downfall of many a man & woman. I’m guilty of the same thing. I have been doing quite well with selecting stocks I found listed in PM’s portfolio, so I subscribed to True Momentum, & Extreme Fortunes
without researching them more thoroughly. I’m in my
eighties, and should know better. Thanks for the great post.

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mmatfess
November 3, 2017 7:39 am
Reply to  investor

Hello: You cannot get a result for TM from June 2016, the newsletter started in June (I think) 2017. So my numbers above are the best you’ll get. (21% v 6%).

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investor
Guest
investor
November 4, 2017 2:22 pm
Reply to  mmatfess

Thanks much mmatfess. I didn’t realize TM started just a few months ago in May/June 17. When Paul publishes the performance of TM vs. S&P500 in an upcoming newsletter, would you be willing to share the performance numbers? I would like to understand TM performance over at least 6 to 12 months if possible before making a decision to jump in. Thanks!

mmatfess
November 4, 2017 3:33 pm
Reply to  investor

I got into the TM newsletter on “Opening Day”. May 18th. Here is what I DO NOT LIKE. The active portfolio lists three stocks as having been in the system since February. So I wasnt really excited that the “Portfolio” that began in May showed gains on day 1. However, that kind of backfired because of the 3, one was sold at a 20% loss on his portfolio (I lost 6.5%), One had dipped in May and came back strong lately, so his gain shows 26%, but I got in May for a 46% gain. The last one shows a gain of 90% on his portfolio, only 45% (only…man I sound spoiled!). The rational for having stocks showing a February entry on a fund that;s only been around since May is that those were Beta or “bonus” trades…. So there were a total of 9 stocks: 1 special report, 2 bonus trades, 2 past positons sold at a loss, and 4 regular open positions. All that said, I am very satisfied with the results. My average purchase was about $6,000 in stock per tip. My portfolio of his suggestions is up about 30% from May to November. Had I invested solely in IVV, I’d have a gain of under 6%. Beating S&P by 5X. The numbers keep getting better. So I paid about $2,000 for the newsletter, I’m up $15,000, and I’d be up $3,000 if I had invested in an S&P ETF. I hope that answers your question. Last 2 notes: I wouldnt be comfortable sharing his picks on an open forum, …. Also, I am not including information on one of his stocks that came out 2 weeks ago. It’s down 4% in 2 weeks, but I’ve found that has happened with a few of his picks, they drop for a short bit, then jump. Long story short, Profits Unlimited and True Momentum are both doing well for me.

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MoonLight
Guest
MoonLight
November 4, 2017 4:42 pm
Reply to  mmatfess

Hi Mmatfess,
I have a proposition for you. I subscribe to Paul’s Profit Unlimited newsletter as well as Extremes Fortune, but not True Momentum. I am willing to share all 14 of his EF picks with you if you are willing to share all of his TM picks with me. Leave your email address or let me know how to contact you. Let’s help each other out and make it a win-win situation for both parties.
Thanks!

dr_soundar
Member
dr_soundar
November 7, 2017 9:00 am
Reply to  MoonLight

Which one has more vol – EF or TM?

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R R Hoffman
January 2, 2018 12:27 am
Reply to  mmatfess

This post is very encouraging. It is by far the most detailed post that I’ve read thus far. Paul cautions investors not to panic when a stock drops. He will inform you when he thinks it’s time to sell your shares. You invested $6K in the stocks Paul recommended. Many of us, me included, can not afford to invest that much money, so we can not expect the terrific gains that you’ve gotten. I wish you continued good luck with your future trades.

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Richard RF Hoffman
December 21, 2017 11:47 pm
Reply to  Mmatfess

After my wife died, I became an extremely active trader (averaging
160 trades per month). I enjoy the hunt, so to speak, and once I own shares in a company I sell as soon as I can net a gain, in order to have cash to invest in another company. I never get to thoroughly know a company. I became impressed with Mr Mampilly, after watching one of his videos, and studying his background. I’m looking to stop
being an in & outer. My way, hasn’t been profitable, so now I have
decided to adhere to PM’s way of investing. It may be less fun, but
I can;t afford to continue doing it “my way”.

Richard R Hoffman
December 21, 2017 8:07 am
Reply to  investor

I purchased three of PM’s newsletters thinking it would lessen the inordinate amount of time I spend researching stocks., and never making a net gain. Now, after reading many of these posts, I realize that I will still need to do
“due diligence” if I expect to get the most out of Mampilly’s stock picks. I will
be working harder than ever, if I keep all three subscriptions. I’ve plan to cancel either TM, or EF. The comments posted here are helping me decide. If these two weren’t so expensive I’d keep both, because I am a fan of Paul Mampilly. I have plenty of time on my hands, since my wife died, and this
84 year old codger can’t do much, now that my arthritic legs have gotten to be much worse.

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MoonLight
Guest
MoonLight
November 9, 2017 1:20 am

Guys, I guess speaking up does help if you see something that is not right! JL Yastin now finally shows all closed positions (including losses) on his profile and that’s way it should be! Thank you for listening!

super skeptic
super skeptic
November 9, 2017 2:03 am

Yes, I also recommend PROFITS UNLIMITED. I then invested in “Extreme Fortunes.” The only person making an “extreme fortune” on that one is Mampilly, with the non-refundable entry fee of $3000. Live and learn.

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Richard R F Hoffman
December 20, 2017 5:42 pm
Reply to  super skeptic

I liked Paul Mampilly’s Profits Unlimited, so I subscribed to his other two newsletters (Extreme Fortunes & True Momentum) not realizing that these subscriptions are non-refundable. I was able to cancel other prescriptions offered by Banyan Hill, so I assumed these would be the same. Thanks for posting the information.

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Lammaster
Guest
Lammaster
November 17, 2017 3:37 pm

PM has a new EF recommendation coming up …

a small company which manages over $240 billion in capital , firms like Merck, intel, Pfizer , GE and Johnson &Johnson rely on it?

its based out of a small building in CA

this stock already has gains of 62% in less than a year?

what is that stock?

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Investor
Guest
Investor
November 19, 2017 1:54 am
Reply to  Lammaster

Hi Lammaster. To help us try to figure this out, can you post as many details of the teaser as possible, may be the entire teaser if possible? What date was this teaser posted, and is this next EF recommendation due out this Tuesday 11/21/17? Thanks.

Lammaster
Guest
Lammaster
November 20, 2017 9:39 am
Reply to  Investor

Yes, this is the next EF recommendation due out this Tuesday
***Right now, one tiny company is claiming its place as the most important firm in the corporate world – making itself a vital asset to the world’s biggest blue chips.
***this stock already has gains of 62% in less than a year
***its based out of a small building in CA
***Merck, Intel Pfizer, GE, Johnson & Johnson are among its clients.
***This company currently overseas over $240 Billion worth of capital. They’re not a financial investment firm or fund.
***In fact, you most likely could not even begin to guess what they do.
but the ones who do aren’t sitting on the sidelines.
***Not only do major institutions hold a whopping 50% of the company, insiders make up another 20% (majority of it just in the last 6-9 months)

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mary555
November 20, 2017 5:50 pm
Reply to  Lammaster

I spent a good bit of time on this one but have not solved it yet. I think that PM caught on that we are playing Robin Hood by solving and posting his picks on Stockgumshoe. He has limited the clues accordingly. My best guess is that it is a regtech firm as regulation is a huge expense, especially for pharmaceutical companies and there are AI solutions. However, I could only find private Calfornia companies that fit. Anyone else want to jump in and help solve this one? You can post here or shoot me an email at mmqc555@gmail.com.
Best,
Mary

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Hank
Member
Hank
November 21, 2017 9:41 am
Reply to  mary555

Mary you are likely right its regtech! More so, with regtech it’s hard as hell to find public companies as I worked on this one as well.

What a business regulations must be! Indeed, I couldn’t find a single company–a stock symbol–anywhere in the US, much less California.

And don’t forget, on this one, Mampilly already knows we won’t be finding out. He’s wised up.

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Mike
Guest
Mike
November 21, 2017 2:37 pm
Reply to  Hank

Hank and Mary,
Today’s official extreme fortunes by Paul Mampilly is Model N, MODN. Look at large increase in volume and price today. Paul Mampilly says they due revenue management for blue chip companies with Big Data software. Great company financial and sales growth.

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carl88mgal
carl88mgal
January 12, 2018 7:15 am
Reply to  Mike

Thanks Mike… I am a disabled U.S. Navy Seal Commander. I have investments, but I can’t touch them until I reach 591/2. Ten more years to go with three in college. Maybe your advice will help. I tried the Profits Unlimited, but Paul’s trades were no so cheap once I received his email.
Good day

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Lammaster
Guest
Lammaster
November 21, 2017 4:08 pm
Reply to  Hank

Does anybody know the new recommendation yet?

Mike
Guest
Mike
November 21, 2017 4:33 pm
Reply to  Lammaster

Today’s new extreme fortunes recommendation is Model N, MODN. Theyare a software company providing cloud based revenue management for many blue chip corporations.

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mmatfess
November 26, 2017 2:20 pm

I am not yet a paid member of stock gumshoe, so when I try to start a new discussion on this topic, I cannot. Maybe, if someone feels like this is good information they can copy/paste into a new discussion.

I got an offer for a newsletter from Dent, John Del Vecchio’s Hidden Profits. The advert was well done, though it seemed very similar to ads for Banyon Hill (among others). However, at the end of the ad was a 6 month money back pitch, as well as some “Special Reports” and full access to the portfolio. He has a “system” (don’t they all?). But the cost was $49, so I thought “Why not…” . There was little risk. I tried to find the rating on Gumshoe, but couldnt find the newsletter listed.

Once I had access, I could go back almost 7-8 months to look at the stocks he says are part of his system. It looked like the service debuted June 2016, with 4 stocks in the portfolio to open it. Then 1 per month. In time, it looks like he sold off a few stocks (at a loss). (SEARS!!!!. That should have been my red flag!) He had a few winners, but most were not stand outs.

So I did a spread sheet of all the stocks he suggested, and pretended to buy $1000 worth on the day he listed it in Portfolio #1, and I pretended to buy $1000 of IVV on the same day. I did this for each and every stock, coming up with a weighted average gain of about 5%, versus nearly 14% for IVV. So, with his suggestions, my
gain was roughly 1/3 of what I would have gotten in a broad S&P ETF.

Special notes: Stocks bought and sold prior to about 7 months ago might be overlooked. So it’s possible results from his customers would be better or worse. Looking back, given that P Mamphilly was the first stock newsletter I bought, I got lucky. (He’s tracking for me 12.7% gain v 4.9% against the S&P 500 as of today in Profits Unlimited. He’s tracking a very impressive 29.3% vs 4.3% in the S&P in True Momentum) (sorry to sound like an ad for PM….I am a real person/investor with no affiliation besides being a customer.)

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Richard R F Hoffman
December 23, 2017 4:52 pm
Reply to  mmatfess

I became a very active stock trader, after my wife passed away. I was trading well over 100 trades per month, and lost thousands of dollars. I’m confident
that I will start showing a net gains, by investing in Mampilly’s stock picks, as
shown in his Profits Unlimited portfolio. I’m thinking about whether it’s
worth subscribing to his other, more pricier newsletters.

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perennial
Guest
perennial
December 23, 2017 7:38 pm

After being a subscriber to PU for 8 months I am of the opinion that it’s best to use some of these services as a compass of sorts. Mampilly seems to be talented spotting major trends which is very important. Just following Profits Unlimited I see that they are major swings in most of his picks (a few though persistently rise without much pullback) so one would need to take positions not when they are recommended but when they decline to key support or moving averages. This takes work end previous experience but the risk is more manageable then buying blindly and selling out when he recommends to cut losses which is usually the worst time to do. So,
For a short term trader it is useless
For the position trader it is very useful
For the investor with no experience whatever it is a rough ride.
I detest how he exaggerates his wins and don’t even mentions his losses.
In the various promo’s he is knocking wall street and positions himself as the friend of the little guy. Please….
For the above reasons I would only recommend his services for the experienced longer term trader who could devise campaigns around the fluctuations of the basically well identified (investment – not price) trends.

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Hank
Member
Hank
December 23, 2017 8:09 pm
Reply to  perennial

I think we are all tempering our thoughts and praise seeing how many “offerings” have emerged from Banyon Hill/Mampilly. I know I won’t be paying up as they say, and I will even drop PU a year from now if the rumored tripling of it’s price proves true.

I do A TON of work on my own. Indeed, I work as hard as Paul does on stocks averaging 6 hours a day/ 7 days a week. I am always looking for an article, an analyst, a guru, a financial report or a person such as Mampilly to come out with something that I had thought of myself.

When I see that, well, BINGO I have total confirmation. Confirmation I wouldn’t have had otherwise.

For me, this happened with FMI and the very day, I might add, that Mampilly himself recommended that stock I had done the same for myself. Upon hearing this FMI recommendation I tripled my purchase and have added still more since.

THAT’s how Mampilly helps me. With ideas, yes. But I still believe newcomers should probably not be spending their money doing this.

Why? Because it takes decades to understand the chart patterns and tricks of the many and constant downdrafts and NO ONE but an experienced soul can withstand the pressure to sell, IMO, unless they have some semblance of confidence of what is going on.

Its all about experience and you can’t pay to get that one thing!

To that end, any day trader is not only playing a fool’s errand, they are even worse off than that: they are frankly dumb.

There’s never been a day trader that made it in this world that I know of. Those that try that game and have modest success do so with OTHER PEOPLE’S MONEY! Not their money. Those are professional house traders that think they have a system. Basically, they hope to end up even, thereby living off of the fees.

I know this. I worked for the large firms for 40 years.

One last thought. FMI had an interesting day on Friday, gaping down from Thursday ‘s down day. Then roaring up and closing near its high taking out the ENTIRE range of the previous day…….on a Friday. Sometimes that’s a sign of very good things to come.

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Richard
Member
Richard
December 28, 2017 2:00 pm

Profits Unlimited has done well, but most of my gains came from one stock recommendation. I am up over 10000 dollars in that one position. Extreme Fortunes after 1 year came nowhere near the 1000% guarantee that was marketed heavily. The best gain I have is 152% on one Precision Medicine stock. I invested in every recommendation so theoretically I should be up 100, 000. Not even close.
Banyan Hill did honor the promise that if the performance was not what was promised that I would get an additional year at no charge. If you are a subscriber, watch for the postcard that states an automatic renewal will recur for 2995 and call customer service and tell them not to charge your credit card and give you the second year for no charge. One thing that really bothers me is the excessive marketing of all the newsletters. I have complained by email and never gotten a response. The latest service called The Inner Circle is being sold for 15k and you get all of his current newsletters for life. They say only 500 can sign up and I suspect they are having trouble filling the slots as this has been heavily marketed for about 2 weeks now.

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Marty
Guest
Marty
December 31, 2017 5:45 pm
Reply to  Richard

I have 2 theories on this….
1. There is no way they limit it to 500, because they are advertising this constantly. That’s a Banyon Hill method. A whole lot of hype, constantly, on all of the newest offers.
2. I have to figure that PM is having a good year, and Banyon is thinking “Strike while the iron is hot.” “lifetime” offers seem crazy to me…. Whose lifetime are we buying? His, or ours?

mmatfess
December 31, 2017 5:46 pm
Reply to  Richard

I have 2 theories on this….
1. There is no way they limit it to 500, because they are advertising this constantly. That’s a Banyon Hill method. A whole lot of hype, constantly, on all of the newest offers.
2. I have to figure that PM is having a good year, and Banyon is thinking “Strike while the iron is hot.” “lifetime” offers seem crazy to me…. Whose lifetime are we buying? His, or ours?

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Hank
Member
Hank
December 31, 2017 5:56 pm
Reply to  mmatfess

Suppose PM retires, dies or goes to another service provider other than Banyan Hill? Where is the small print. Paul Mampilly has been with a lot of places over the last five years.

I’m not interested, regardless. It’s hard enough getting rich trading stocks (impossible?) without paying these kind of fees.

Besides, a lot of these junk offers are lost by the fact we all here have the fairly priced PU service and we all have received, by my count, about 10 of the EF picks for free right here. Plus a couple of others.

I mean really. I’m doing fine by doing what I’m doing.

That said, you can bet 97% of PM’s subscribers have not and will not find this site.

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Richard R F Hoffman
January 8, 2018 3:19 pm
Reply to  Hank

I wish I had know about Stock Gumshoe before I subscribed to three of Paul Mampilly’s newsletters. I don’t mind paying $100 for a years subscription to Profits unlimited. It’s already paid for itself since I subscribed three weeks ago. I regret that I paid a total of $5,300 for Mampilly’s True Momentum & Extreme Fortunes. I’ve been calling all afternoon to see if I
can cancel them, but I keep getting a busy. Some posts have
mentioned that the money is non-refundable. I should at the
very least get a prorated refund. I’ve made a little over $1,000 investing in some of the stock’s recommended in those newsletters. I sold the shares after I made a decent gain, rather than hold onto the shares according to Paul’s advice.
In order to make a substantial gain (or loss), an investor has to
invest five or six thousand dollars, and also hold onto the stock like the imaginary folder shows. Much too risky for me, especially after seeing more negative comments, than positive one (which might be from shills).

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mmatfess
January 8, 2018 4:48 pm

Richard: I’m one of the “pro-Paul” people, not a shill. In fact, based on my user name, I am guessing you could find me on Facebook, or get my Gmail in about 30 seconds. I joined Profits Unlimited back in Feb. For each of the 25 reccomendations I deployed about $6,000 per, and I am up 13% so far. had I invested the same amount at the same time in the S&P 500, I’d be up 8.7%, so I feel it’s a worthwhile investment. ($20k gain v $13k gain in the S&P) (for the dedicated: 25 suggestions, 18 active stocks for me, I closed out a few positions). For True Momentum, I was hesistent to join, but rolled my profits from mbly into an investment in this newsletter. It was made clear to me there would be no refunds, so I was nervous. I joined in May ’17, and there have been 12 suggestions. I go in about $6,000 each, and I am up 23%, compared to about a 7.8% gain had I invested in the S&P 500 etf. $19k in profit v $6k in the S&P. (3x better!). two positions lost money, and were closed. 4 posiions are showing gains lower than the S&P, 6 are totally tearing it up (in a good way). I’ve read here that extreme fortunes is not doing as well, but I dont see as strong an analysis. I’d like to. I looked into it, but since it was non-refundable, I hesitated. the most you can hope for is echanging it for another service. Good luck.

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Hank
Member
Hank
January 8, 2018 5:10 pm

I was curious about how well Pauls’s picks have done for me as its been 11 months since I have started.

From my math I have netted $65,000 in taken or existing gains. As well, I have made another $10,000/15000 making ancillary bets–trades that were mine, but were influenced by some of Paul’s reports.

I have had only one losing trade –that was PI–and that loss was small because, even though I was NOT a member of EF, I timed a sell almost as if I was….somehow.

I don’t know if that timing was a byproduct of reading this site or if someone (here) hinted that I should sell and, hence, sold subconsciously.

Regardless, I think Paul has to be considered as legit. I also am pretty sure that anyone who purchased his more expensive programs were well warned beforehand that their money would not be refunded. (Read mmatfess below.

rcruz29
Member
rcruz29
January 8, 2018 10:43 pm
Reply to  Hank

Hi Hank,
I guess we all have seen Paul’s teaser regarding the
small cap company set to revolutionize the financial sector. Pm says he will reveal to premium members on Wednesday. I just have the basic PU subscription so have been digging on my own, I think it could be Bank of Internt (BofI). Any thoughts?

GeneH
GeneH
January 18, 2018 11:49 am
Reply to  rcruz29

Aren’t bull markets great for investors?

mmatfess
January 8, 2018 4:55 pm

One more thought on PM’s newsletters…
(not a shill: Real person, easy to find if you tried)….
Today one of our stocks in True Momentum dropped 13% . We got an email alert telling us about the drop and why he felt like it was worth holding on to. So I could have freaked out and sold (at a gain of 32%) or I could stay the course per his suggestion. I’m staying the course, for all the reasons he stated.

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Lammaster
Guest
Lammaster
January 10, 2018 11:10 am

Does anybody know his new recommendation , that he was to release today on EF?

Thomas
Guest
Thomas
January 10, 2018 1:26 pm
Reply to  Lammaster

I think it is Lendingclub: LC.

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Rich Hoffman
February 2, 2018 7:55 pm
Reply to  Thomas

Mampilly convinced me that Lending Club was a very good investment. I try not to invest more than $3K in each stock that Paul recommends, but I got carried away with Lending Club. I bought 2,000 shares. I now have an unrealized loss of $1,100. Paul encourages his subscribers not to panic, so I’ll stand fast until he says to sell (if that time should ever come). I’ve only been a subscriber for two months, and I keep vacillating between having total trust in him, to having barely any trust at all. I’ve done okay with Profits Unlimited, but not his other two newsletters, that cost much more.

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Lammaster
Guest
Lammaster
February 13, 2018 1:45 pm
Reply to  Rich Hoffman

Is KNDI still a good keep or did he sell those.

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Just Say'n
Just Say'n
February 13, 2018 3:23 pm
Reply to  Lammaster

KNDI is a hold.

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Lammaster
Guest
Lammaster
February 13, 2018 5:16 pm
Reply to  Just Say'n

Thanks, I am a TM subscriber and FYI… there was a sell recommendation for THO, CGNX and USG.

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EFtrader
February 13, 2018 7:01 pm
Reply to  Just Say'n

Just Say’n,
I think you subscribed to their Peak Velocity service too right? How is it doing so far? Banyan Hill’s shameless marketing claims that it has score over 624% in TOTAL gains, any truth to that at all in any shape or form?

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Just Say'n
Just Say'n
February 13, 2018 7:19 pm
Reply to  EFtrader

Yes but……. The first half year it was Peak Atrocity. Carr wiped out my capital for options with loss after loss. Since it’s been better but no where near advertised gains (imagine that). I missed getting in on some winners because of timing. I work so I’m not sitting wagging my tail for a trade alert. With, allegedly, a thousand subscriptions what do you think happens a trade alert is issued? You get shut out from the buy range. Overall I recommend staying away from the service. I regret falling for Carr’s four lines of code BS. Good thing one of his programmed missiles was never deployed. If it was like his picks only God knows where it would land. Risk not warranted.

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EFtrader
February 13, 2018 7:59 pm
Reply to  Just Say'n

Totally agreed. I have zero confidence in Mike Carr. Listen to his story: He wants to help people….., he originally wanted to be a surgeon, but his hands got caught and damaged in the meat grinder…..,losing is not an option for him……,safety always come first….
I mean I am not trying to sound like an a**hole here, but how can you expect people to trust a guy on SAFETY when he doesn’t even implement enough safety precautions to protect his own hands??!!
I had a taste of his Precision Profits and was not impressed at all. He had just about as many losses as wins. Might be just about the same probability as going to the casino and put your money randomly on odds or evens.

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Lammaster
Guest
Lammaster
February 13, 2018 1:46 pm
Reply to  Rich Hoffman

Join the discussion

Stephen
Guest
Stephen
January 11, 2018 1:38 am

Just a complete newby. Took some 403b money, $75000, and I’m pretty much going to put it where Paul Mampilly suggests. We’ll see what happens. This money was earning about %18 this last years so maybe I’m just being greedy. I do have a new fascination for all things financial–even taking course–so putting some skin in the game will probaaly keep me much more focused and maybe I’ll learn something.

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jillsami
February 2, 2018 8:41 pm

Mampilly is averaging a little more than 1 stock pick each month in his Profits Unlimited newsletter, which is a difficult task to keep coming up with new recommendations. This is far better than Spetrino’s picks for The Dividend Machine newsletter’s Conservative Portfolio. Bill’s last recommendation, NYCB) was in July 2017. There hasn’t been a new since. Both newsletters cost the same. I have subscriptions to True Momentum, and Extreme Fortunes.
I don’t feel the are worth purchasing. Cost me $5,300 for them both.

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frank_n_steyn
Irregular
February 8, 2018 4:43 pm
Reply to  jillsami

Agree, I have extreme fortunes, and the name does not reflect the performance.

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Just Say'n
Just Say'n
February 13, 2018 7:23 pm
Reply to  jillsami

Difficult task? Bunches of winners overlooked. Pickings are plenty. Pickers, not so much.

frank_n_steyn
Irregular
February 8, 2018 4:40 pm

I tend not to trust advisers that use percentages %, if you were advised to buy shares of a $5 stock that went to $15 that would be an increase of 200 %, and if you were also advised to buy shares of a $50 stock that sank to $25, that would viewed as a 50% loss and the adviser would claim he/she had a record of 150% portfolio increase. I don’t like it.

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Just Say'n
Just Say'n
February 8, 2018 5:05 pm

Agreed Frankie. EF, as advertised, is a flaming failure. I do believe most of the picks will do well down the road. In the present it could be named Extreme Torture based on its dismal performance. It hasn’t remotely found a single 1,000% performer. Banyon Hill/Mampilly offers zero recognition of this yet continues shameless promotion. So turned off by their BS.

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