MF Re-Pitching 10X membership – Is it worth it?Hi
Is anyone who is a member of the new MF discovery ten x service mind saying how they are doing with it? I see they are still trying to get people to subscribe but I’m just not sure if it’s worth the price of admission. I don’t know the stocks they have in it but they do say it’s 40 companies and I was curious how much up and down things are during this recent market volatility. Any additional input is also welcome on the value of this service.
Thanks.
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The 40 stocks have been posted here, but the threads were taken down pretty quickly. With one exception (UPST), most of the 40 have suffered similar or worse fate than the general market sector over the past month.
I haven’t seen the other stocks from the portfolio listed so I’m not sure what to make of them but certainly the one you mentioned has had a wild ride the last month. Much more then the broader market. Can you say if they all have behaved that way? And do you think that most of the stocks are new rec’s or might they be pumping up interest in older rec’s during volatile times.
The majority of the stocks in the Discovery 10X seem to be regurgitated elsewhere. But I don’t subscribe to any of the premium MF services so can’t say for certain. Off the top of my head, another that has done well is PLL (less volatile though). I would guess that the entire 40 stock portfolio is down 15+%.
I think about 50% of the stocks, MF has in its other services. And yes, the new ones alone are down on average about 10% with some winners. These are long term hold stocks, so too early to tell, but now might be a good time to cost average into them. I have taken a bite of them all and plan on holding for at least 5 years. I wonder if MF is going to release another 10 stocks if they are actively trying to sell this Discovery X10 portfolio.
David Gardner released his biWeekly Stock Advisor pick on Thursday in a video (instead of an email/text blast to subscribers) to help even the playing field to his subscribers who complain about the spike in price before they can get their buy order in.. He described the problem as some people having apps that can get the ticker from a text or email and immediately place a buy that beats out the average Joe who is manually trying to place a buy order when he/she is notified of the weekly pick.
His pick was TEAM (already in MF Rulebreaker). He said that for him he would be tempted for his own portfolio to add more possible 10 baggers right now, as many have taken a recent hit in pricing, but he thought for his subscribers he needed to be a bit more conservative, so he picked TEAM as his biweekly recommendation. He said he thought it would be very tough for TEAM to reach a 10 bag from here, but he thought it was a more conservative pick, as he believes this stock is not going anywhere but up in the long term. The irony is, I’m pretty sure TEAM is one of his 40 picks for his Discovery X10 Portfolio service.
Yes, TEAM was in the 3rd tranche of MF Discovery 10X. Odd that David does not have as much confidence now in this stock (down 10+% from the Discovery 10X announcement date), yet MF is still pushing this service.
So do you think the rec was meant to prop up a discovery stock that was dropping?
No, because almost all of them have dropped. But very disingenuous to pimp the very short-term success of UPST when trying to sell more subscriptions, but then back apparently off of others (slightly).
Sorry for my confusion and I don’t mean to pry but if you don’t subscribe to MF services how do you know almost all have dropped?
Because all of the picks were posted here (and other places) before the MF IP police had the posts deleted. Picks were released 10 per week starting 02.10.21.
Ahhh. Missed them. Too bad. Very curious. Thank you!!!
Hint: Search box at top of this page is your friend. 😉
I hear you. But you’re right, all threads gone missing . Best you get is a blurb with 5 or 6.