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

by patchman | September 16, 2017 4:47 pm

I would like to hear from some of the brave souls out there that invested in these two newsletters by Paul Mampilly[1]. I subscribe to his flagship newsletter ”Profits Unlimited[2]”, 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!!

Endnotes:
  1. Paul Mampilly: https://www.stockgumshoe.com/tag/paul-mampilly/
  2. Profits Unlimited: https://www.stockgumshoe.com/tag/profits-unlimited/

Source URL: https://www.stockgumshoe.com/2017/09/microblog-performance-of-mampillys-true-momentum-and-extreme-fortunes-premium-newsletters/


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

  1. jackbob52 says:

    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.

  2. jackbob52 says:

    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.

  3. wizard1786 says:

    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.

  4. Lammaster says:

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

  5. A Shah says:

    Can anyone Share TM pick for Feb 2018

  6. guest777 says:

    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.

  7. Johnny says:

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

    Thank you so much…

  8. mmatfess says:

    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.

  9. Lammaster says:

    Hank / Travis,

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

    Thanks

  10. mmatfess says:

    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 S&P ETF. For Profits Unlimited, I’ve had a gain over the year+ of 27.7%, compared with a gain of 9.6% had I just invested in IVV. Almost 3x the S&P return. I am a simple unaffiliated with banyon hill investor. I’m pretty happy with both services, and would love to see a similar analysis from his 3rd newsletter.

  11. TaMoKi says:

    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 require a decade of managerial experience to be trusted. He was managing Paul Mampilly’s Options service, and with his 4-5 initial trades obliterated 80% of my capital. Needless to say, even if he manages to have some gains possibly no one would benefit from them. I assume that practically no one is following his recommendations. If he reduces your capital from $10K to $2K, then to recuperate that you need to have 500% gains in a row of subsequent trades. A practical impossibility. As you may lose the remainder of your capital also, you would perhaps never go back to his recommendations, even if he achieves 10 baggers, which is obviously not the case.

    To add insult to injury, Paul Mampilly has made this guy the manager of his newest service, his $10 Million Portfolio, another possible scam in a string of unsuccessful portfolios. A ray of hope appeared earlier this year when Rick Pendergraft joined to manage this Portfolio, but it soon fizzled as he left the service within weeks (possibly because he discovered stuff not to his liking). Since then, this subordinate has been asked to manage this portfolio also. Buyer beware!

    There seems to be a very definite difference between this guy’s and Paul Mampilly’s trade strategies. All you will hear from this fellow is “buy this, sell that; sell this buy that.” At least that’s the impression he has left on me. Out of the goodness of his heart, Paul Mampilly is trying to promote this guy. Yet he’s doing it at your expense and at the cost of your capital. It seems now this guy has silently been managing all of Paul Mampilly’s portfolios. So when you have a string of orders to buy or to sell, they are most likely coming from this fellow. Unless Paul Mampilly fires this guy and assumes full practical responsibility for his services, there may not be a way of assessing his true merits. The buy recommendations are extremely poorly researched. The sell recommendations are often made haphazardly. It is one thing to make a mistake or two or three as a money manager, and another to make 50 mistakes, causing the obliteration of 50% of the client’s initial capital. I don’t know of any money manager more than half of whose trade recommendations are utter disasters.

    Again, buyer beware!!!

  12. EFtrader says:

    Me and a small group of like-minded individuals have come together to form the “Dream Team” group where we all share each other’s pricey premium subscriptions. We also have discussions about trade picks and share ideas as well. Now we literally have access to every single premium subscriptions from Banyan Hill publishing including the $10 Million Dollar Portfolio! Currently, we are looking for other premium subscriptions from other publishing companies such as Agora etc. If you have a premium subscription service outside of Banyan Hill and would like to join our group, feel free to send me an email at EFTrader2017@gmail.com to inquire. I strongly believe in win-win scenarios for everyone. There is simply no way one person is able to subscribe to all these pricey subscriptions. Sharing is the way to go.
    Thanks.

  13. Stuart says:

    I also have had good fortunes with profits unlimited,but in all honesty I wish I had never heard of extreme fortunes, I should have taken my money and put it in a savings account, I would have come out better. I don’t often make large financial mistakes but it’s number 1 or 2 of the worst mistakes I have ever made. Sorry Paul, but I have yet to see a 1000% win on any stock, most of them are lucky to reach100%; with the exception of a medical stock that had just been bought out as I enrolled.And I don’t think it hit 500%, it did well but….very disappointing.

  14. EFtrader says:

    I have access to all subscriptions from Banyan Hill and honestly the majority of them are just garbage. I realize now that the crappier the service, the bigger the lies and the heavier they try to pump and promote it. If a service doesn’t go well, they will just change the name and try to relaunch it and promote it as a “new service” again to try to get more suckers in. Jeff Yatin’s “Front Line Profit” is just a relaunch of his failed “Insider Trader” service. “Apex Profit” was just a relaunch of failed “Power Trend Profit”. “Rebound Profit” was so horrible, they had to “relaunch” it again, so they can have an excuse to wipe out all the losers, and start with a new clean plate again. It made no difference at all. All the losers now just piled back up again. What are they going to do? Relaunch it again??
    Their approach needs to be changed. They need to actually do a better job instead of trying to deceive the public.

    Most of their weekly podcast updates are just filled with useless information to stall time and give them excuses to continue to lead subscribers on. Paul been saying the same BS on 1,000% return on his Extreme Fortunes stocks for the past 3 years, so far really nothing to show for at all. It’s all talk and no proof. Quite honestly, I am embarrassed for him and give him a lot of credit for still being able to keep a straight face. Well, I guess you have to have thick skin and no dignity to work in this field.:)

    I honestly think if they were to use their time and resources on doing their job instead of coming up with all these deceitful schemes, all their services will perform much better! Maybe they should just fire Jeff Yastin and hire me as their advisor instead! LOL That way, all the Banyan Hill services will do better, and people will actually want to subscribe to them! It’ s win-win for everyone if you ask me!

    The reason why I am taking my time to write this is not only to inform the public, but I also hope that Banyan Hill will actually work to try to improve on doing a better job, instead of just trying to get more subscriptions for themselves. If you are actually doing a good job and providing a good service, people will want to subscribe!!!

  15. ceft says:

    I am also thinking about subscribing to Paul’s True Momentum Advisory. I was unable to obtain any historical stock performance on the service, or what % of their stock recommendations are winners. I was informed that this information can be obtained once I become a subscriber. I was also informed that my full subscription cost will be refunded within 90 days if I am not happy with the service.

    Any advise or feedback on True Mementum’s stock performance, for 2018 and Y/T/D would be appreciated.

    CEFT

  16. ceft says:

    Mmatfess & Hank,

    Thank you for your replies. I kind of suspected that once I give them my card that I may not be able to obtain a refund, if I am not happy with their service or the performance of their recommended stocks.
    Your positive experience with True Momentum provides me with some assurance. Do you have the % of their success rate. I understand every month a new buy recommendation is made. Also what is the average hold position of their buy recommendations and lastly the number of stocks that is in their model Portfolio.

    I have historically invested into Zacks Top 10 Picks. One thing that bothers me is that this type of investment is very passive. There are only semi-annual updates that are provided to its subscribers. Zacks Y/T/D performace is + 29.50% . No where as good as the True Momentum.

  17. ceft says:

    Mmatfess thanks for your very informative reply. It was quite helpful. It also provided me with an insight on the 3 Investment Advisory Services. Not sure if they meet my needs, the average holding period of the stock purchase recommendations almost represents a buy & hold strategy. This is what I have with Zack’s Annual Top Picks, the subscriber purchases the 10 recommendations on Jan 2nd and sells at the end of the year.
    It appears that you are also a hands on investor and at times will ignor the insturctions that are provided to the subscribers. I am a person that will follow the insturctions that are provided by the Newsletter or Alerts. After all I am paying almost $2,000 for the service.
    Thanks again for the vauable information that you so kindly provided.

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