Sjuggerud’s Melt-up updateWe were going back and forth if its smart to bite The Melt-Up portfolio bait.
So fellow #GumshoeCommunity, did you sign up? How are the returns over the past few tumultuous months?
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The one he gave out for free “Glu mobile inc.” is up 43%
Looks like it got there all in one day.
Depending on the moment you bought the stock at the end of October/beginning November you could be sligthly positive or neutral but to the “melt-up” scenario is still far away and I believe it would not happen. The best performing is given for free Gluu mobile
Did you sign up for the portfolio?
As of 8/2/19 GLUU is down to around 4.7. Did Steve issue a sell recommendation at any point after the melt-up event?
He will sell you a tool that figures the get out point. He did not say what the track record was.
I signed up for the meltup portfolio and kept it separate in my Stock Charts groups. It did well for a short time after issue, but has been pretty ordinary over the long haul. I have subscribed to several expensive “services”, and they all suck. Stock Gumshoe is the best going that I know about. My own best results have come from cherry picking good sounding stories from the various internet contributors, researching them, and playing two to three month first out of money options. In short, doing my own thing.
I agree about Stock Gumshoe being the best. I did miss out on a recommendation from Motley Fool for Shopify, but most of what I’ve seen is the market going up raised a lot of boats. Steve wants $2,499 for his melt up info, including several other freebies worth , he said $13,000. After sitting through 2 hours of the same old song and dance they gave away reco’s on two tiny unheard of companies. He basically bases it on a trend line of the S&P 500 versus what he called a trend line for a “melt down indicator” He did not say how he gets that data. According to him every bull market is followed by this type of trend line. I guess it’s going to cost you $2,500 to find out. These dog and pony shows are really getting old. I try to do something else while they repeat the same things over and over. It looks like some marketing consultant gave every one of these guys a boiler plate fill in the blanks template and they all are using the same one.
I too watched the two-hour Surge Portfolio presentation (last night) for the free tips. One of the bonuses in the offer was a year of Tradestops Pro, which is $3K. Matt McCall’s free pick ARQT might be worth watching, but like many small-cap biotechs, their fortunes ride on successful clinical trials. No profit so far, analysts have set negative EPS expectations, if I read the chart correctly.