Results-Mamphilly Newsletters, real numbers.

By mmatfess, March 27, 2018

Hello:
The last Mamphilly thread got a lot of attention, I thought I would begin a new one and review my results in 2 of his newsletters.
Methodology: Whenever I get an investment advice from either newsletter, I buy into the stock for a pre-determined amount, and track it along side if I had invested the exact same money into the s&p 500 ETF. It is what I use as my benchmark. There are some notes below that will quanitify some exclusions, and if you were to ask Travis, he can verify that I am a real person, not in any way related to Paul or Banyon Hill, aside from buying a subscription. I subscribe to Profits Unlimted and True Momentum.

Profits Unlimited:
Since joining in March of last year, I’ve followed PM’s suggestions on a total of 25 stocks. 15 are presently active, 10 have been closed, 9 at a loss. 3 are open showing a loss. 12 are showing a profit. Purchases began in March, and trickled in through the year including last week. My investments paid off 11.4%. Had I invested same dollars at same time in IVV (S&P 500 ETF) my gain would have been 4.7%. So I am pretty happy with that newsletter.

True Momentum:
I joined in May of last year. I have bought into a total of 16 stocks, 6 of which are now closed. Of the 6, 2 closed with a profit, 3 closed at a loss,, 1 broke even. Of the 10 active stocks, 8 are profitable, 2 are showing a loss. Purchases began in May, and trickled on through the year, including last week. My investments paid off 22.2%. Had I invested same dollars at the same time in IVV, my gain would have been 2%. So I am quite happy with that purchase as well. (If I was unable to put at least $1,000 into each stock pick, the price of the subscription might not have been worth it however).

Overall, I think he’s done a good job of providing what he said he would, and his folky method of explaining his suggestions, along with a buy zone.
On the negative side, there are some thinks he and Banyon do that is especially irritating.
1. They bombard you with too much spam email. Waves of it. Calling to get it reduced helps for a matter of weeks.
2. They use fuzzy math. If I have 4 positions each with 25% gains, to me that is an average of 25% gain. To them it is 100% gain. (25+25+25+25). This I find really objectionable, as he is saying his Profits unlimited is up to 1000% gain. I joined late, so using his method I’ve achieved a 315% gain. Really, my cash return is 11%.
3. Some of the picks from True Momentum are from BEFORE the service started, I’m told these were ”beta testers”, but it still feels dirty.
But these things help me remember that at the end of the day, I should trust no one, and track all this myself.

I hope this helps someone considering either of both of the news letters. I’d love to see a similar analysis on Extreme Fortunes, or any other newsletter. It would be unethical to share the stock picks on a public forum (or in private messages) and I dont want to risk my subscription (I’ve earned almost $5 for every $1 I would have earned with IVV), so please dont ask. I just felt like this information would be helpful.

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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frank_n_steynJoedr_sollyJust Say'n Recent comment authors

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Just Say'n
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Just Say'n

EF doesn’t deliver on it’s promises. Haven’t done the type analysis you have. Not necessary since the vast majority are losers. I do believe that most will be winners in the future. 1000% winners is laughable relative to Mampilly’s time frame. I disregard Banyon Hill emails as they proved misleading. Peak Atrocity (Michael Carr) single handedly wiped my available investment capital out. Modest gains relative to Indexes in no way reflect advertised reality. As a EF investor I won’t know legit returns for 2-5 years. I would NOT have become a charter member in retrospect.

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dr_solly
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dr_solly

I’m a veteran of market newsletters, from the days before the Internet, when everything arrived via snail mail and trading was done by human beings. I’ve been searching for an honest and ethical mentor for 40 of my 61 years. Finally found Mampilly, researched his history, and he seemed to be the real deal. I subscribed to PU in September, and bought some of the tech stocks he recommended in his Special Report. Of course I bought them in late September, just to watch them crash and burn in October. Thank god for stop losses. 3 week performance on my… Read more »

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Joe
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Joe

Getting $10 million (500*$20,000) upfront just for a promise to make you rich, looks very promising for Mr. Mampilly. I wonder why he lets 500 subscribers only. what’s wrong with 1,000. $20,000,000 are much better then just lousy $10 millions. Anyhow, I didn’t understand the meaning of “lifetime”. Does he mean MY lifetime or his. What happens if , God forbids, Mr. Mampilly passes away? Well, thats not a joke if you consuder it. Because the same thing happend to me with my subscription to Weiss Reseach. I paid for 5 years and after less then 2 years the referee… Read more »

frank_n_steyn
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frank_n_steyn

On point #3, he already has a very bad reputation for front-running, except now, as you stated, he has published it.