Tim Melvin’s HeatseekersAloha Fellow Irregulars,
I’ve been receiving a lot of teasers over the last few weeks about Tim Melvin and his Heatseekers club. The hype is big from Max Wealth about his ”WAR and Cost of WAR” strategies as he claims 119 winners and no losers with an average return of 70%, ”Today, I’m the only undefeated strategist in the business. I’ve closed out 32 winning trade recommendations in a row. My average gain is 70%. And I haven’t taken a loss on a single trade”. He also claims a ”No Loser Guarantee”….”In other words, if I close a single losing trade over the next year, you can contact me and get a refund for every penny you paid for your membership”. The membership is $1,950 a year that: ”Once you become a member of Heatseekers, you’ll get a new Sabermetric recommendation from me every week for the next year, plus everything in the list below.
Heatseekers Video Broadcasts
Heatseekers Payout Alerts
Heatseekers Sabermetrics Compendium
Heatseekers Digital Enclave
Heatseekers Boardroom Meetings
Heatseekers Sacred Book Collection
With your membership, you’ll also get copies of my two latest works:
The Boring Way to Get Rich in the Stock Market
10 Tiny Banks with Huge Potential
Most of the info that I can Google on him is older information, and I have found out some information about a few newsletters that he has published over the years, but not anything that I can find about Heatseekers…so what’s the scoop?
Thanks,
Scotty G808
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18 Comments on "
Tim Melvin’s Heatseekers"
I joined his “banking on profits” newsletter, the results have been great, but he had a second newsletter called “deep value”, the results were disappointing after a lot effort he got to close it with almost no loses.
Recently he was complaining that the market was overheated and there was few oportunities to invest in it.
Hes “WealthMax” looks interesting but this advertising “…never hast lost money” it’s not true and makes me nervious.
But beeing fair I need to recognize that I learned a lot things with him….
I think when they wrote he never lost money is that he doesn’t close his losers so the truth is no realized losers. I recall thestreet.com advertised something similar with Lenny Dykstra. How did that work out lol.
Same as Warren Buffet…. you don’t make the money until you sell the stock! No wonder his sec’y pays more taxes than he does!
I have seen and heard a lot of false adevertising from “The Boys of Baltimore!” I don’t trust any of them!
He did well with buying a basket of microcap banks. However time will tell how he does with his new service
Im disappointed after his first 2 picks. How come I feel like his 100% record is going to be quickly broken?
If he doesn’t sell the losers…. He will keep his record intact until they are worthless!
Also…. if he doesn’t sell the losers…. you have no claim to a refund after the first year, re his terms.
tim melvin heat seekers never lost a closed investment for 119 times…. well.. i bought it.. ??? i followed his first 5 recomedations and they are all down… not a great amount.. but none have gone up.. beware…
I like baseball, but I didn’t bite on his pitch. After reading these comments I’m glad I didn’t.
Those big gain takes a long time frame to see the result from what I got from his presentation. As an example, from 2012 to now which is 2018. Or from 2015 to now, over 150% gain; over 350% gain.
The price of $2,000 to be a trusted subscriber is too steep for me to pay for his service. I have to figure it out on my own just like Tim did. I know the numbers have to do with the company’s earning report.
now it has been over a month … still eveything he touches goes down… and stays down… so far.. sure hold it for 10 years it
might be up… good luck.. stay away
I joined and so far, I cannot fault Tim. This market is a horror show ever since he started. He tells you to do something else if you are looking for swing trades or quick profits. This is for patient folks.
I joined Tom Gentile’s Alpha Nine and at least he’s admitted the market is too shaky to invest in. I had been looking at Tim Melvin’s Heatseekers but I decided against it in a market that is this volatile and has such a downward bias.
Is the service worth the membership fee?
The advertisements are carefully worded as he has never taken a loss. That basically means he has never closed a losing position. It does not mean he has no losing positions.