written by reader any thoughts on stansberry 2020 market melt up?

By jkelly2, February 14, 2020

any thoughts on stansberry 2020 market melt up?

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bunion132
Irregular
February 15, 2020 9:22 pm

Short answer: Oxymoronic and ironic.

Oxymoronic because Steve Sjuggerud has been pounding the table on being in the stock market during this Melt-up for a long, long time and this webinar was no different. Yet he was also cautioning that we are now getting closer to the Melt-down. He was going back and forth on this. Of course we won’t know how close we are to the end and when to get out unless we register for the new Melt-up Portfolio service he’s offering.

Ironic because Sjuggerud was clearly the star of the show while Matt McCall played supporting cast member. Towards the end, they each gave one free recommendation, with both stocks being in the Biotech industry. The day after the webinar, Steve’s stock went up somewhat but came down almost equally the next day. Meantime, Matt’s stock rose 5x more after the webinar and then surged off the charts the day after. Hmmm…so who was the star of the show?

👍 282
marvinzilenga
Irregular
marvinzilenga
February 15, 2020 10:25 pm
Reply to  bunion132

Sjuggerud has made the transition to a full blown Agora/Stansberry snake oil salesman. Hype, Hype, and more hype. Sell, Sell, Sell

👍 90
krinkle
Irregular
February 18, 2020 7:56 pm
Reply to  marvinzilenga

I agree…Sjuggerud COMPLETELY disgusts me!

It’s sad that Stansberry has become the New Agora.

👍 67
belle1387
Member
belle1387
February 16, 2020 12:01 pm
Reply to  bunion132

What was mcall’s stock in the Melt Up presentation? I know that Sjuggerud recommended Esperion and it’s flat for now.

bunion132
Irregular
February 18, 2020 3:07 pm
Reply to  belle1387

Bioxcel Therapeutics (BTAI)

👍 282
belle1387
Member
belle1387
February 18, 2020 4:06 pm
Reply to  bunion132

Thank you very much for the info.

319kyo
319kyo
February 15, 2020 10:36 pm

All the melt-up stocks are just meh! Ran them through Joel Litman’s uniform accounting method and saw that all of them are C and D grade.

👍 12
Monica
Guest
Monica
February 16, 2020 1:23 pm
Reply to  319kyo

What did they recommend?

bigtimedeal
Member
bigtimedeal
February 27, 2020 4:15 pm

To quote the legendary Michael Scott, the timing of this most recent melt up event was “nothing short of predominant”

From The Office

It’s almost laughable. What was supposed to have been so key about Feb 12?

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👍 1
bigtimedeal
Member
bigtimedeal
March 10, 2020 6:47 pm

Somewhat surprisingly I haven’t received any emails from Sjuggerud about the meltup since his big pitch regarding Feb 12.

👍 1
backoffice
Irregular
November 1, 2020 11:21 pm

If we don’t see a melt up shortly people are going to be mumbling stocks, stocks, why did I vote fo Biden, he’ and empty vessel and now the media sees it!

👍 380

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