PAUL MAMPILLY’S 100X – SEASON 3Hello Everyone I saw the text from Lazutinku , Hopefully everyone will see this thread and we get goin
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WISA has some big news this morning. Hopefully it moves. It’s been having a lot of good news lately and it’s still not moving. This news that they are partnering with Realtek is pretty significant though. And the chart certainly looks primed.
speaking of spreadsheets> I have a google docs that I keep online. It has a tab for each PM service. I put in the ticker, opening price, and # of shares, and it 1. Pulls up the company name. Pulls up the current price. Shows my gain overall. Shows my gain for the day (useful to see big movers either direction), color codes losses and gain automatically. Puts in a2 small graphs showing 14 day and 1 year trend lines. Creates a benchmark investment (I use IVV) and sets up a virtual investment in that fund to track how much I would make in that investment so I can compare. And has a column for 52 week high/low. There is a tab that consolidates all the other tabs so I can have a PM cover sheet showing each services results, and even how each service resulted compared to the benchmark. Someone here had posted something similar and I went to town on it. I just have to keep up with what I buy and sell. I have one more tab that does the same thing for my own personal stock buys. And one tab for options.
If anyone wants a copy/link, shoot me a note at marty.matfess@gmail.com. It will be scrubbed of my personal information and stocks. Oh and you need to keep the spreadsheet online (google) for it to update.
Crypto Flash Trader Alert:
Sell ENJ, more on this in weekly update.
I’m just going to keep what I have, I don’t think anyone has a clue in this market.
Crypto is crashing partially from a statement from Russian central bank about banning BTC, and the overall market downtrend.
GLTA
Thanks for putting these information. I think the experience investor should share the information like this, so that new investors get some idea what is happening.
01/21/22 is a day we will all remember in years ,
Today the real world crisis entered the stock market,
Netflix forecast is busted the two years bubble we all were living in.
Once stimulates stoped people stopped spending, IPhones is not a need , food is.
The real crash is here 🙁
LOL! Relax.
I am totally relax and ready.
And I didn’t say anything about selling.
Completely the opposite crashes are my favorite time to buy stocks!
With Al the doom and gloom it must be time to start buying again!
I can’t agree more , crashes makes crazy gains , but nevertheless IMHO the crash started today.
I bought 50 shares of MARA @ $22.7. The last time I bought MARA shares was @ $48/share. It may decline more but I am happy with this purchase.
CLSK is my pick from the miners.
I feel it is earlier stage.
I might Buy MARA since price seems attractive.
I was spooked when the indexes started to go down again! I sold those 50 shares @$23.5/share. It looks like MARA will break lower than $20. I opened a buy order of 50 shares @ $20. Will buy more at $18 or 17
I am also looking at CLSK but I’m having reservations because it’s a micro cap that moves up/down so fast. I am about 67% down on CLSK. I need to cost average. I have a buy order of 100 shares at $5.5. ‘ll get more at a much lower price.
This stock was $3 just 14 months ago and thanks to hype hit a high of $83.45 Nov. and now it’s hemorrhaging and soon to be back under $10. Will you continue to accumulate or cut your losses? Trying understand stability of this stock. Thanks
MARA is a bitcoin mining company. Its price volatility is largely due to bitcoin price swings. Plus the market is down big and NDX is in correction territory. But nothing has changed with its fundamentals. When BTC goes back up, MARA could easily double or triple its price. Since I believe that BTC will hit $250k LoL, I am holding and buying the dip, not selling.
What made you think it will go under $10? If it does happen, then it will be a buying spree.
I am no expert in stock trading or investing. I don’t recommend anything here. Do due diligence and make decisions. We decide what’s best for us based on our circumstances.
Good luck to us!
Picked up some MARA @ $20 today. Sure hope that was the bottom.
I would definitely like to hear what PM stocks people think are worth cost averaging on. I have to make choices and will not be able to do all of the stocks that I have that are down (i.e.90% of them!) I did cautiously buy some stocks today, but it’s hard to do extensive timely research on where all of them stand at this point. Some I’m sure I should just give up on…
PRLB
Is there any word from the Crypto Gurus on Bitcoin or Ethereum?
Last I saw PM still had belief in his 250k BTC by June prediction.
One TA person I follow is Blockchain Backer on YouTube. He’s big on XRP but he does analysis of the overall market well. He only has opinions on older coins that have been around a while since they have enough data he says. Of many people I follow, he has been the most right so far. He believes this could be the last big move down for BTC before we retrace back up but that we’ll be ranging in this 30k range for a few more weeks. The retrace could take a while and it will only retrace to 56-59k, not getting new all time highs (believes we’re in the bear market already). But he’s really optimistic that a crazy Alt coins season will supposedly happen during that BTC retrace which is when they’ve happened in the past. So that will be when to be sure to take profits because he believes we will see BTC go below 20k after that retrace.
He also never believed Eth would be going to 10k like everyone else seemed to believe. His charts pointed to 5k-6k Eth and still thinks we’ll get there.
Just one view point. Would love to hear others.
I do wonder what happened to the idea of BTC being an alternative to Gold. It’s not behaving like that at all. It’s being sold off crazily like any of the high growth stocks (even more so actually) and risky assets. That being said, if people are still taking profits and getting out of stocks, and a bubble is underway, perhaps there’s some argument that people will re-deploy what cash they’ve managed to raise back into crypto (in particular ETH and BTC)
Some macro economists and bearish commentators and advisors are talking about this being a super bubble and will be the biggest wealth we’ve seen in a very long time. Let’s bloody well hope not, because it might well take more than 3 years to get things back on track.
Regarding PM stocks. I do regret getting in when I did. I know others on here say that its only a loss if you sell, but if these stocks keep going down, the moves required to get them back to break even let alone in profit are enormous. Nearly all of his recs are extremely speculative. And i think best case is going to be a few will hit the 10x mark, but once you average this out with the ones that fail, you may end up with just market performance. I look at ARKK and think Cathy Wood is far smarter than me in terms of building a portfolio, yet performance has been terrible in the past 12 months. If things bounce back in the next couple of years for those stocks that make up her ETF’s, are we really expecting the ETFs to boom in value by the sort of factors required to outperform the rest of the market? (you’d need to see a 100% gain in value to get back to where things were)
meant to say “biggest wealth decline”
Anyone think NFLX is a buy now?
Typically after a big market drop on Friday, there’s some further movement down on a Monday morning…Sometimes it corrects later in the day. With the s drop in NFLX specifically, not sure how it will react. I think it is a good entry point long term though. Many are predicting a small bounce back across the board next week or two, but then a possible further correction to the whole market down another 10% before the summer. So there may be a few entry points.
Also, after large moves either up or down, you’ll often see stocks trade sideways for quite some time. The NFLX earnings call was very conservative (worst case), which means there might be some good surprise down the track after next earnings. US subscriptions haven’t grown at all really, but markets like LATAM are looking good, and they’re moving into the likes of India and Japan (spending alot on local content and navigating the production system in India may take some time). Ultimately I think you’re looking at Q3 to get a better idea of the run rate of new subscribers, and whether a beat on the full year estimate is likely. If you look at the chart for last year, you’ll see a similar pattern.
So overall, NFLX might be a bit bouncy like the rest of the market(VIX is likely to swing up and down like a yoyo) , but longer term I still think it’s a good buy. Perhaps dollar cost averaging over the next few months to take advantage of the dips?
Thank you! I always look forward to your ideas and analysis!
Hi all! I noticed that VENKATESAN’s chart contains Ian King’s Crypto recs. But I there doesn’t seem to be much posted activity. Does anyone on this thread still have this service? It seems that his picks are more successful than Ian Dyer’s crypto recs. Thanks again, and hang in there everyone! By summer there is a good chance that crypto and growth stocks will be up and virus fears will be over : )
I think it would be fun to see what Paul and Ian would say if they were injected with truth serum. Paul: “Man, I really messed up on my stock picks. My entry points were terrible and all positions are down 60%. That means they’ll need 150% gains just to break even. That could take years! But I can’t tell my subscribers. I really should pay more attention to macroeconomic factors when issuing my buy and sell alerts. I trusted too much in Cathie Woods’ picks, too.” Ian: “My whole crypto flash service is based on an algorithm that worked for a time but no longer works. I know that trading strategies are only as good as the amount of time that they last. Then you have to adjust your strategy. Mine clearly isn’t working anymore, but I assured my subscribers big gains and many wins. I better come up with a new TA strategy soon or else my crypto picks are going down in flames.”
To be fair both Mampilly and Woods make it clear that their philosophy for the portfolio is a 5 year hold timeline. Paul clearly says in his frequent updates that short term traders should be looking for a different service.
But to also be fair, 5 years might not be long enough. Not preaching to anyone, but I know alot of people on this board are new to investing. Proceed with great caution at this point. If you are new, plot a chart of the nasdaq after the last tech bubble bust. You can do this in yahoo finance, ycharts, etc…2/2000 through 11/2014 will do the trick. It took 14 years to get back to even, forget making money thats just to get back to where we were. Before that bubble burst, valuations were not even close to what we are seeing today. That run taught me some harsh lessons that I strictly adhere to even today. #1 buy in bunches (I personally use 20% portions) #2 take profits on the way up. My methodology means I might miss some of the ride up but it also means I limit the downside. It is also imperative to understand what each one of these portfolios is investing in. In my humble opinion, services like 100x and Secret Portfolio should never be more than 5-10% of your total investment portfolio. They are small and micro-cap stocks that can only go up 10x because they can also go down 80% in a flash. They are so small that publicity artificially pumps them fast and dumps them even faster. I don’t recommend dollar cost averaging all the way to the bottom either because you are often just throwing good money after bad ideas. If you lose 60% in a stock, it takes a 250% gain to get back to even. Don’t get me wrong, great companies are definitely on sale. Cash generation is key! Great ideas on the other hand might not generate cash for much longer than your timeline. Good Luck All and tread cautiously.
I agree and I respect Paul for that. I use his insights to make an informed decision of my entry point will be on the stock. That’s why I pay for his service. I would never buy a stock at it’s 52 week high. What goes up, will always come down!
You spelled it out perfectly.
Paul doesn’t use or approve of stop losses. I get the fact that the past use of 8% -10% stops wouldn’t be practical in today’s markets but 20%- 25%
might. Profits unlimited and other portfolios
aren’t actual portfolios as Paul reminds us, Paul gets paid by his Publisher. Maybe if Paul was managing a real money portfolio he wouldn’t be inclined to take 50-80% losses on so many stocks. The selling pressure on stocks that have fallen as much as many Paul has recommended will be enormous, fits and starts for years.
I only subscribe to PU , i couldn’t imagine paying massive amounts of money to lose massive amounts of money in the more aggressive portfolios.
All this being what it is I will stay a loyal subscriber as i have seen this type of market before , being in market since 1986 and trading since 1995, I just wish Paul would be less reckless with recommendations and predictions and update ” Rules of the Game.”
Good Luck to all.
This week has been brutal! A few months ago, I sold some losers, waited the appropriate amount of time and bought them back cheaper and they are still losers. I’m not sure I believe in PM’s philosophy of holding with strong hands when the entire market is in a downward spiral. In hindsight, I wish I had sold out.
Sorry to hear about your losses. All newsletters are similar. They prey on new investors hyping their success using specific time periods most recently April 2020 to Dec 2021. No one could fail during this unrealistic growth period. I like PM but I will always look for a lower entry point to buy his recommendations. Good luck.
Let us revisit these conversations in three years, early 2025
Agreed.
Most stocks tend to and usually go up in 3-5 years, so that’s not really a good benchmark to gauge how their stocks are doing.
Out of all Banyan Hill editors, Charles Mizrahi might be the most believable at this point. I have access to all Banyan Hill subscriptions except Paul’s 100X and Charles’s MicroCap services. I would like to share and swap services with other individuals that have either one of those 2 services. I tired to leave my email address here, but it never gets published. Not sure if that is against forum rules here.
Thanks.
The median stock disappoints over time — it’s the huge performance of the best stocks that makes the market return close to 10% on average… more than half of stocks historically return less than 2% a year.
Does anyone know of a newsletter subscription that is up in 2021?
Many services,
BH alpha investors , Charles Mizrahi
More than 30 % up in 2021.
On Cabot many services are up and few beat indexes in 2021.
Basically most of value investors did well.
It is cyclical, I am in the game 30 years ,
It is very hard to beat the market long term , PM is managing to do that if you can hold and bite the bullet , that’s why I follow him.
Yesterday’s PM Profit Unlimited Update.
All’s about Woods’s and the shorting driving stocks down in the short term.
For anyone interested:
https://youtu.be/An1OjP_VDfo
GLTA
Thanks for sharing!
Crypto Flash Trader —
Flash Alert: Buy Into ATOM
Update
Crypto Flash Trader —
Flash Alert: Buy Into ATOM
29.44 – 33.28 – 34.56
Thank you very much. 29.44 – 33.28 – 34.56 – what are these numbers ? different entry points?
Suggested Low – medium and high entry points..
Got it . Thanks again.
Thnks for sharing tho hard to stomach entering any positions at this point! What’s the story behind ATOM?
Never any stories other than ian thinkin a technical inflection point or his “algorithm “ is pointing to a short term uptrend
NNNNNOPE.
We can see that the downward selling pressure continues. And we don’t know when it will stop. We may have some good days followed by more down days. Who knows. But I am not selling any PU stocks or crypto. With that said, one approach that I am going to take is to wait for markets to calm down – that could be days, weeks or months from now – and start dollar cost averaging (DCA) into stocks and crypto. A sideways pattern for a few weeks might be a good indicator of the markets calming down. With PU stocks being down so big, I don’t see some realistically recovering without DCA. For example, a stock that is 80% down needs a 400% gain to get back to even. If you dollar cost average into it, maybe you need a 67% gain to get back to even which is much more realistic. I am also going to eventually buy into stocks that I “missed out” on. My biggest investing regret is selling Shopify that I bought at $77/share and sold at $150/share, only to watch it climb to over $1,700/share. Its price has been cut literally in half and could still fall farther. Also, most major investment sites, at least in the US, allow for fractional share trading now. This is a great tool to use to keep an equal-weighted portfolio. Good luck, everyone.
paul sent a flash alert to buy HUT on ext. fortune , me I am waiting for it to cool down a bit ..
When was the alert sent?
Thanks, Sam.
I have a buy order at $4.5/share
IK SF Buy DOCN 51.44$ 01/25/21
IK SF Buy IBM 136$ 01/26/21
When was the Flash Alert sent to buy HUT?
10:31 am (EST) Buy at $5.61 to $6.21
Thanks.
The market tanking late in the day is kind of comical to me. Everyone already knew the Fed was going to raise rates this year. Why the surprise? Isn’t the market correction already reflective of this? I feel like the announcement was frankly an excuse to sell. I have to say this is a clear instance to me of panic selling on what I will call no real news, since we already knew what was going to happen.
End of day trading has been comical every day lately (not in a good way most of the time). I think people were “hoping” he might be a little more dovish and that the rate rises had already been baked in. Algo trading is making up so much of this volatility on “apparent” news though. Not fun for the retail investor.
Crypto Flash Trader Alert from Ian Dyer
“Today, I recommend selling Uniswap (UNI) for a 35% loss.”
The bleeding continues for this service.
I honestly think he should pause/stop this service. Is anyone out there tracking overall performance yet?
Whatever his backtested methodology is, it doesnt seem to be working with this year in an overall negative market. Signaling in and out of positions is fine, but from what i’ve seen lately most have been sell at a loss? (correct me if i’m incorrect)
as I told before I would follow Ian King on crypto , Ian Dyer is not the way to go , just my opinion…
Agreed, very different track records. Does anyone on this thread have Ian King’s Crypto service?