Absolute Profits

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41 Comments
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flyinkel
Member
November 12, 2015 7:50 pm

Buy when he says and lose 50%. He picks the downtrodden ON THE WAY DOWN. He doesn’t pick the bottom, ever. This is absolutely the worst newsletter I have ever had, I think he is here to teach us how to lose money. Wish I had my money back, all of it..the subscription the $$$ wasted on absolute dogs. He is educational, but what he is teaching are money losing strategies so far. The section of my portfolio dedicated to his recs is grossly, and I do mean grossly, underwater. Some examples ECA -57.8% RIG -47.78%, so far 1 has made a profit, every other one I sold at a loss. This is a really nice guy that needs to find another line of work…maybe in the motorcycle business he loves to chat about.

👍 19
flyinkel
Member
February 8, 2016 2:07 am

Should be called Absolute LOSS, geez! Asof FEB 2nd 2016
RIG -77%
ECA -74.69%
TAN -40.19%
Out of 12 stocks invested, 11 are negative and many significantly so. His one stock on the + side is only up 1.86%. This guy should be used as a contrarian indicator only…do the opposite of what he says and reap the rewards.

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👍 19
soutpaw
Member
soutpaw
August 4, 2016 1:39 pm
Reply to  flyinkel

Agreed, I cancelled his subscription after losing 68% of my investment using his advice (only took me 28 months!).

His picks are VERY speculative. In fact two of his picks filed Chapter 11 and Chapter 7. Lost all investment on those.

He might be a nice guy but his picks are seriously terrible.

👍 4
Frank Perri
Guest
Frank Perri
October 21, 2018 10:02 am
Reply to  soutpaw

I cancelled after 1 year, did not lose to much cause I got out of the trades quickly, but, Bill spetrino is a different animal all together. Now this guy and his dividend machine news letter have done me really well. Also sold by news max, Bill is the real deal.

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tstang