written by reader “PRIMETIME STOCKS”, the newly-launched newsletter from WealthPress

By bunion132, August 3, 2020

Has anyone here decided to subscribe to this service and/or know the name of the upcoming stock with an open window to fantastic gains? Or, can someone decipher what the presenters ”see” that my initial look into charts don’t seem to capture?

Following are my notes on the video hosted by Roger Scott & Tom Busby which I viewed 8/1/20:
Premise: Certain stocks go up (or down) the same time each year, on the exact date. Their proprietary system filters stocks that have followed the same pattern over the last consecutive 10 years.
(If there is a break in the pattern in the last decade, the stock is dropped from their roster.)

Source of Their Data: Form 13-F and EDGAR (Electronic Data Gathering, Analysis, and Retrieval) filings with the SEC.

Reason for pattern: Today, Institutions (not Retail investors) dominate Wall Street and these institutions trade based on a REPEATING CALENDAR (i.e. not on Fundamentals, Technical Analysis or the News). The timing of the trade is related to payouts for Pension Funds, 401k and the like.

To Do: Place a Buy or Sell trade WHEN THE PRIMETIME WINDOW IS OPEN to achieve the double-digit or even spectacular gains shown in the video. The newsletter will send notice 7 days in advance of the upcoming trade to be made.
Examples:
Jan 10 Amedisys (AMED)
Feb 8 Intuit (INTU)
Mar 8 MarketAxess (MKTX)
Apr 8 T-Mobile (TMUS) – Note: Without fail
May 24 Molina Healthcare (MOH)
Jun 3 Johnson & Johnson (JNJ)
Jun 3 Lowes (LOW) – Note: Never buy on this date
Jun 7 SBAC Communications (SBAC)
Jun 20 Walmart (WMT)
Nov 13 Thermo Fisher (TMO)
Dec 20 Adobe (ADBE)

The tease: There is a Primetime trade coming up soon with an expected 357% gain. The ticker symbol will be revealed when you decide to become a charter member (1 of 250 at the time video was shown). Due to the current economic situation, their publisher has allowed them to bring the price down for their ”pandemic package” to $1,497 for a 2-year membership. (Awww, someone puh-lease tell these newsletters to change marketing writers already and stop pretending they are doing us a favor! )

My initial observations:
1) All the above-mentioned stocks fell during the recent pandemic crash of March 2020. So much for the claim that these stocks have followed a consistent consecutive pattern over the last decade, regardless of the news.
2) I pulled up the candlestick charts for these stocks but just for a one-year period. For 9 out of 10 stocks, I just saw the usual wave (or head and shoulder) patterns, not the double-digit or more gains illustrated in the video and, worse, usually not occurring on the dates they mention. Most are when to SELL, I think.
3) The one exception was ADBE which started to climb on Nov 5, 2019 (not the Dec 20th date they mentioned), opening at $292 and peaking on Feb 20, 2020 at $387 for a 32% gain over 4 months. Nice, but not spectacular. In fairness, the stock could have probably gone up more but started tanking like everything else with news on COVID-19 in Feb.

Oh well…at least the presenters weren’t boring, although somewhat foaming-in-the-mouth-with-excitement over their new newsletter.

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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JPR421
JPR421
1 month ago

This is just a guess… but if you really knew *the exact date* (as they claim), then you can record a 357% (or whatever) gain on their options.

I think I started watchnig the video a month ago or so, but I lost interest, smelling scam… but it’s popping up all the time now, and he says he will reveal the exact stock in the video/”webinar” – first sign of a scam is that the “webinar” just happens to be starting within 15 minutes of the time you click on the bait.

Anyone else? (And, by the way, does “Wealth Express” produce anythnig of value?)

frostly
frostly
1 month ago
Reply to  JPR421

me too they look like crooks frankly. I couldnt get past their snakeoil sales person looks!

👍 66
jnair
jnair
28 days ago

Its quite intriguing, the theory. Just that by looking at the Yahoo charts, I dont see the pattern on the times they are saying for the stocks they talked about in the webinar. True, at least for a few years, looks like ADBE is following some pattern… the returns they are talking about are on Options plays I would think…

Once you subscribe and get the tickers and their dates, why would you need the service again?… true there may be new stocks coming in, and some going out, but a lot of these are blue chip kind of stocks which arent going away, and if they are following the pattern, we just keep trading those every year… so,you take the cheapest subscription option, get the tickers, right?

I am going to look at each of those tickers around the timeframe they mentioned over the past decade again, to see if there really is that pattern.

kristyleray
kristyleray
23 days ago
Reply to  jnair

They actually said do NOT buy Lowe’s June 3. I am interested if anyone sees any success- i almost bought but i know nothing and have never traded options. they make it seem so easy!!!

👍 -3
Susan
Susan
23 days ago

I also watched their presentation. But please be aware, Wealthpress has an F rating with the Better Business Bureau, with average ratings of poor. The guarantee that Roger Scott mentions is only to allow you to try one of their other offerings, not for your money back. Think about it, if you tried one and didn’t like it, it’s probably because it didn’t measure up to the marketing hype. The cost of the service is the least of your worries. Many people see their trading accounts dwindle to nothing. Will you really want to put more money into trading another service offered by the same people?

kristyleray
kristyleray
23 days ago
Reply to  Susan

good to know thank you. I bought the oxford press thing for almost $500 and I get so m any emails I can’t tell what is valuable and what is just an email trying to sell me more- it is awful… Plus sucker me bought 2 services from motely fool. i spent about $3500 for advice so far, but since may 1 I am up over $10,000…I would like to chat with someone who has some of the other motley services to share ideas. 😉

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