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
7 months ago

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?

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marvinzilenga
marvinzilenga
7 months ago
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

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krinkle
7 months ago
Reply to  marvinzilenga

I agree…Sjuggerud COMPLETELY disgusts me!

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

👍 65
belle1387
belle1387
7 months ago
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
7 months ago
Reply to  belle1387

Bioxcel Therapeutics (BTAI)

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belle1387
belle1387
7 months ago
Reply to  bunion132

Thank you very much for the info.

319kyo
319kyo
7 months ago

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
Monica
7 months ago
Reply to  319kyo

What did they recommend?

bigtimedeal
bigtimedeal
6 months ago

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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bigtimedeal
bigtimedeal
6 months ago

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

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